300392SZSE

Risk Warning Announcement on Termination of Listing for Tengxin's Stock

Tengxin Holdings·May 4, 2023·2 pages

✨ AI Summary

Beijing Tengxin Innovation Network Marketing Technology Co., Ltd. warns that its stock may be delisted due to a negative audit report for 2022, showing a net asset deficit of 644 million yuan. The company has previously issued multiple warnings regarding this risk. If delisting occurs, trading will resume five trading days after the announcement, entering a 15-day delisting period.

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Full Translation

AI Translation· azure_openai

Stock Code: 300392

Stock Abbreviation: *ST Tengxin

Announcement Number: 2023-076

Beijing Tengxin Innovation Network Marketing Technology Co., Ltd. Risk Warning Announcement on Termination of Listing for Company Stock

Special Reminder:

According to the audit report for the year 2022 issued by Zhongxinghua Certified Public Accountants (Special General Partnership) (hereinafter referred to as "Zhongxinghua"), the audited net assets of Beijing Tengxin Innovation Network Marketing Technology Co., Ltd. (hereinafter referred to as "the Company") at the end of 2022 were -644 million yuan. Furthermore, the financial accounting report for 2022 received an audit opinion of "unable to express an opinion," triggering the conditions for termination of listing as per Article 10.3.10, Paragraph 1, Items 2 and 3 of the "Shenzhen Stock Exchange GEM Stock Listing Rules (2023 Revision)" (hereinafter referred to as "the Listing Rules").

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