Shanghai Ba'an Water Co., Ltd. (Stock Code: 300262, Stock Abbreviation: *ST Ba'an)
Announcement No.: 2024-057
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 the company's stock closes below 1 yuan for twenty 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 yuan for fourteen consecutive trading days, indicating a risk of termination of listing due to the aforementioned situation. Investors are advised to pay attention to this risk.