300262SZSE

Risk Warning Announcement Regarding Possible Termination of Listing Due to Stock Price Below Par Value

*ST Ba'an Co., Ltd.··3 pages

✨ AI Summary

This announcement warns that the company's stock may face termination of listing if the closing price remains below 1 RMB for 20 consecutive trading days. As of the announcement date, the stock has been below this threshold for 15 days. The company has previously issued similar warnings and emphasizes the importance of risk awareness for investors.

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Full Translation

AI Translation· azure_openai

The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.

I. Reasons for Possible Termination of Listing

According to Article 10.2.1 of the Shenzhen Stock Exchange Growth Enterprise Market Listing Rules (2024 revision), if a company's stock closes below 1 RMB for 20 consecutive trading days, there is a risk of termination of listing. As of the date of this announcement, the company's stock has closed below 1 RMB for 15 consecutive trading days, indicating a risk of termination of listing due to the aforementioned situation. Investors are advised to pay attention to this risk.

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