300431SZSE

Announcement on the Sixth Risk Warning Regarding 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 has been decided to be delisted by the Shenzhen Stock Exchange, entering a 30-day adjustment period starting September 21, 2020. After 20 trading days, 10 remain before delisting on November 9, 2020. During this period, the stock's price fluctuation limit is set at 20%, and no major asset restructuring will occur.

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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, without 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 after 30 trading days. As of October 27, 2020, 20 trading days have passed, leaving 10 trading days remaining. Investors are advised to invest cautiously and pay attention to risks.
  2. According to the "Notice on the Trading System Arrangement 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 Re-listing of Delisted Companies on the Shenzhen Stock Exchange (Revised in 2018)," the Shenzhen Stock Exchange does not accept applications for the re-listing of the company's stock on the Growth Enterprise Market. Therefore, the company's stock cannot be re-listed after delisting.
  5. The company's stock is classified as 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, and they should be aware of investment risks.

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