300309SZSE

Notice on Receipt of Prior Notice of Stock Delisting from Shenzhen Stock Exchange and Risk Warning of Possible Delisting

Giantway Co., Ltd.··3 pages

✨ AI Summary

The company received a prior notice from the Shenzhen Stock Exchange regarding the potential delisting of its stock due to negative audited net profits and net assets. As of March 29, 2023, the company's stock has been suspended from trading. The company has the right to request a hearing within five trading days of receiving the notice. If no hearing is requested, the stock may be delisted after a specified review period.

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Full Translation

AI Translation· azure_openai

Stock Code: 300309 Stock Abbreviation: *ST Ji Ai

Announcement No.: 2023-041

Ji Ai Technology Group Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of the information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.

The Company received the "Prior Notice" (Entrepreneurial Board Letter [2023] No. <63>) issued by the Shenzhen Stock Exchange (hereinafter referred to as "SZSE") on March 30, 2023. The specific content of the "Prior Notice" and the risk warning regarding the potential delisting of the Company's stock are as follows:

1. Specific Content of the "Prior Notice"

Due to the negative value of the audited net profit for the year 2021, calculated as the lower of net profit before and after deducting non-recurring gains and losses, and the operating revenue after deducting income unrelated to the main business and income without commercial substance being less than 100 million yuan, the audited net assets at the end of 2021 were negative. The trading of the Company's stock has been subject to delisting risk warning since April 29, 2022.

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