300495SZSE

Announcement on the Appointment of the Sponsor Securities Firm

*ST Meishang Co., Ltd.·September 13, 2024·2 pages

✨ AI Summary

The company has appointed Pacific Securities Co., Ltd. as its sponsor securities firm following the decision by the Shenzhen Stock Exchange to terminate its stock listing due to a prolonged low stock price. The appointment is part of the process for managing the company's shares in the delisting segment. The company will provide further announcements regarding share confirmation and registration procedures.

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Full Translation

AI Translation· azure_openai

I. Explanation of the Appointment of the Sponsor Securities Firm

Meishang Ecological Landscape Co., Ltd. (hereinafter referred to as "the Company") received the Shenzhen Stock Exchange's decision on September 13, 2024, regarding the termination of its stock listing (Shenzhen Stock Exchange [2024] No. 756). From April 8, 2024, to May 8, 2024, the closing price of the Company's stock was below 1 yuan for twenty consecutive trading days, triggering the termination of listing as per Article 10.2.1 of the Shenzhen Stock Exchange's "Rules for Listing of Growth Enterprise Market Stocks (2024 Revision)." The specific details can be found in the Company's announcement on the same day regarding the receipt of the delisting decision (Announcement No. 2024-083).
Given that the Company's stock will be transferred to the delisting segment managed by the National Equities Exchange and Quotations (hereinafter referred to as "the Delisting Segment") after termination, the Company is required to sign an agreement with a securities firm

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