300262SZSE

Announcement on Receiving the Decision to Terminate Stock Listing

*ST Ba'an Co., Ltd.··3 pages

✨ AI Summary

Shanghai Ba'an Water Co., Ltd. has received a decision from the Shenzhen Stock Exchange to terminate its stock listing due to a continuous closing price below 1 RMB for twenty trading days. The stock will be delisted within fifteen trading days without entering a delisting transition period. Investors are advised to settle related transactions before delisting. The company will announce further arrangements regarding stock management post-delisting.

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Full Translation

AI Translation· azure_openai

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, with no false records, misleading statements, or significant omissions.

Special Reminder:

  1. Type of securities to be delisted: RMB ordinary shares, stock abbreviation: *ST Ba'an, stock code: 300262.
  2. According to the "Shenzhen Stock Exchange Growth Enterprise Market Listing Rules (2024 Revision)," the company's stock will not enter a delisting transition period.
  3. Investors, securities companies, and other market participants are advised to settle stock pledge repurchase, agreed repurchase, margin financing, transfer, and Shenzhen Stock Connect transactions in a timely manner before the stock is delisted.
  4. For judicial freeze transactions that will expire after the stock is delisted and before the completion of the initial registration in the delisting sector, it is recommended that the competent authorities handle the renewal procedures in advance through the original enforcement channels before the stock is delisted.

On August 2, 2024, Shanghai Ba'an Water Co., Ltd. received the "Decision on the Termination of Stock Listing of Shanghai Ba'an Water Co., Ltd." (Shenzhen Stock Exchange [2024] No. 631), in which the Shenzhen Stock Exchange decided to terminate the listing of the company's stock.

1. Type of Securities to be Delisted, Stock Abbreviation, Stock Code

  1. Type of securities: RMB ordinary shares
  2. Stock abbreviation: *ST Ba'an
  3. Stock code: 300262

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