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 informs investors of the risk that the company's stock may be delisted if its closing price remains below 1 yuan for 20 consecutive trading days. As of the announcement date, the stock has been below this threshold for 19 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 yuan 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 yuan for 19 consecutive trading days, indicating a risk of delisting due to this situation. Investors are advised to be aware of the risks.

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