Shanghai Ba'an Water 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.
I. Appointment of the Sponsor Broker
On August 2, 2024, the Company received the Shenzhen Stock Exchange's decision on the termination of the listing of Shanghai Ba'an Water Co., Ltd. stock (Shenzhen Stock Exchange [2024] No. 631). The Company's stock price was below 1 yuan for twenty consecutive trading days from May 21, 2024, to June 18, 2024, triggering the termination of the stock listing. The Shenzhen Stock Exchange decided to terminate the Company's stock listing.