300431SZSE

First Risk Warning Announcement on the Company's Stock Entering Delisting Adjustment Period and Termination of Listing

Storm Retreat Co., Ltd.··3 pages

✨ AI Summary

The announcement informs that the company's stock will enter a delisting adjustment period starting September 21, 2020, following a decision by the Shenzhen Stock Exchange. The stock will be delisted after 30 trading days, with a price fluctuation limit of 20%. The company will not engage in major asset restructuring during this period, and investors are advised of the associated risks.

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Full Translation

AI Translation· azure_openai

The company and all members of the board guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

Special Reminder:

  1. On August 28, 2020, the company received the Shenzhen Stock Exchange's decision on the termination of the company's stock listing. Starting from the next trading day after the 15 trading days following this decision (September 21, 2020), the company's stock will enter the delisting adjustment period, and the stock will be delisted after 30 trading days in this period.
  2. According to the notice on the trading system arrangements for risk warning stocks and delisting adjustment period stocks, the price fluctuation limit for the company's stock during the delisting adjustment period is 20%.
  3. During the delisting adjustment period, the company will not plan or conduct any major asset restructuring matters.
  4. According to the relevant provisions of the Shenzhen Stock Exchange's implementation measures for the re-listing of delisted companies (2018 revision), the Shenzhen Stock Exchange's Growth Enterprise Market does not accept applications for the re-listing of the company's stock; therefore, the company's stock cannot be re-listed on the Growth Enterprise Market after delisting.
  5. The company's stock is a special security under the Shenzhen Stock Connect. Investors can choose to sell their holdings during the delisting adjustment period but cannot buy the company's stock. After the stock is delisted and enters the share transfer system, investors may not be able to transfer their stocks; investors are advised to pay attention to investment risks.

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