Nanjing Yuebo Power System Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Special Reminder:
- The Company disclosed the "Announcement on the Implementation of Delisting Risk Warning and Other Risk Warnings for Company Stock Trading and Stock Suspension" (Announcement No. 2023-057) on April 28, 2023. The audited owner's equity attributable to shareholders of the listed company for 2022 was -83.5991 million yuan, which triggered the provision of Article 10.3.1 of the "Shenzhen Stock Exchange GEM Stock Listing Rules" (hereinafter referred to as "GEM Listing Rules") stating that "the audited net assets at the end of the most recent accounting year are negative, or the net assets at the end of the most recent accounting year are negative after retrospective restatement." As a result, the Company's stock was subject to delisting risk warning starting from the market opening on May 4, 2023. The net profit for the last three accounting years, after deducting non-recurring gains and losses, was negative, and Zhongshen Yatai Certified Public Accountants (Special General Partnership) issued a qualified audit report with a significant uncertainty regarding the Company's ability to continue as a going concern for the 2022 financial report. According to Article 9.4, Item 6 of the GEM Listing Rules, the Shenzhen Stock Exchange also implemented other risk warnings for the Company's stock trading. If the Company encounters any of the situations specified in Article 10.3.10, Item 1 to Item 6 of the GEM Listing Rules, there is a risk of termination of the Company's stock listing. Investors are advised to invest rationally and pay attention to risks.
As of the date of this announcement, the financial conditions that may lead to termination of listing are as follows:
| Specific Situation | Applicable (Check if applicable) |
|---|---|
| Audited net profit is negative and operating income is below 100 million yuan, or net profit is negative after retrospective restatement and operating income is below 100 million yuan. | √ |
| Audited net assets at the end of the year are negative, or net assets at the end of the most recent accounting year are negative after retrospective restatement. | √ |
| Financial accounting report issued with a qualified opinion, disclaimer of opinion, or adverse opinion. | √ |
| Failure to disclose more than half of the directors' guarantee of the truthfulness, accuracy, and completeness of the annual report within the statutory period. | √ |