300325SZSE

Announcement on Receiving the Decision to Terminate Stock Listing

Dewei Retreat Co., Ltd.··3 pages

✨ AI Summary

Jiangsu Deway New Materials Co., Ltd. has received a decision from the Shenzhen Stock Exchange to terminate its stock listing due to an inability to express an opinion in its 2020 audit report. The stock will enter a delisting transition period starting June 7, 2022, lasting fifteen trading days, with the expected last trading day on June 27, 2022. Investors are advised to settle related transactions before the delisting.

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Full Translation

AI Translation· azure_openai

Announcement on Receiving the Decision to Terminate Stock Listing

Securities Code: 300325
Securities Abbreviation: *ST Deway
Announcement Number: 2022-055

Jiangsu Deway New Materials Co., Ltd. announces the following:

Special Reminder:

  1. Type of securities to be delisted: Renminbi ordinary shares, abbreviated as *ST Deway, securities code: 300325.
  2. The start date for the delisting transition period is June 7, 2022, lasting for fifteen trading days, with the expected last trading date on June 27, 2022.
  3. During the delisting transition period, the stock will trade on the risk warning board. On the first trading day of the transition period, there will be no price fluctuation limits; thereafter, the daily price fluctuation limit will be 20%.
  4. Investors, securities companies, and other market participants are advised to settle stock pledge repurchase, agreed repurchase, margin financing, transfer, and Shenzhen Stock Connect transactions before the stock is delisted.
  5. For judicial freeze transactions expiring after the stock is delisted and before the completion of the initial registration in the delisting section, it is recommended that the competent authorities handle the renewal procedures in advance through the original enforcement channels before the stock is delisted.

Jiangsu Deway New Materials Co., Ltd. (hereinafter referred to as "the Company") received the Shenzhen Stock Exchange's (hereinafter referred to as "SZSE") "Decision on the Termination of Stock Listing for Jiangsu Deway New Materials Co., Ltd." (Shenzhen Stock Exchange [2022] No. 523) on May 27, 2022, deciding to terminate the listing of the Company's stock.

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

  1. Type of securities: Renminbi ordinary shares
  2. Abbreviation: *ST Deway
  3. Securities Code: 300325

2. Main Content of the Delisting Decision

The Company and all members of the Board of Directors guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

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