300431SZSE

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

Storm Retreat Co., Ltd.··3 pages

✨ AI Summary

The company announces that its stock has been decided to be delisted by the Shenzhen Stock Exchange, entering a 30-day adjustment period starting September 21, 2020. As of November 3, 2020, 25 trading days have elapsed, leaving 5 days remaining. The stock will be delisted on November 10, 2020, and will not be eligible for relisting on the Growth Enterprise Market. Investors are advised to exercise caution.

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Full Translation

AI Translation· azure_openai

The company and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

Special Reminder:

  1. The company's stock has been decided to be delisted by the Shenzhen Stock Exchange. The stock entered the delisting adjustment period on September 21, 2020, and will be delisted 30 trading days later. As of November 3, 2020, 25 trading days have been completed, leaving 5 trading days remaining. Investors are advised to invest cautiously and pay attention to risks.
  2. According to the "Notice on the Trading System Arrangements for Risk Warning Stocks and Delisting Adjustment Period Stocks on the Growth Enterprise Market," 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 Article 2 of the "Implementation Measures for the Relisting of Delisted Companies on the Shenzhen Stock Exchange (Revised in 2018)," the Shenzhen Stock Exchange does not accept applications for the relisting of the company's stock on the Growth Enterprise Market. Therefore, the stock cannot be relisted after delisting.
  5. The company's stock is a special security under the Shenzhen-Hong Kong 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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