300208SZSE

Progress Announcement on the Implementation of Other Risk Warnings for Company Stock

Zhongcheng Retreat Co., Ltd.··4 pages

✨ AI Summary

This announcement informs stakeholders about the ongoing risk warnings related to the company's stock due to negative audit opinions and financial irregularities. The Shenzhen Stock Exchange has issued a notice of potential delisting, and the company has submitted a hearing request. Additionally, the company is under investigation by the China Securities Regulatory Commission for alleged disclosure violations.

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Full Translation

AI Translation· azure_openai

Qingdao Zhongzi Zhongcheng Group Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

1. Relevant Situation of Other Risk Warnings

Due to the negative internal control audit report issued by Hexin Certified Public Accountants (Special General Partnership) for the year 2024, and the negative net profit figures for the last three accounting years, the Company’s stock has been subjected to additional risk warnings according to Article 9.4 (4) and (6) of the Shenzhen Stock Exchange GEM Listing Rules. For details, please refer to the announcement titled "Risk Warning on Stock Suspension and Possible Delisting" disclosed on April 30, 2025 (Announcement No. 2025-044).

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