ST announced that as of May 22, the closing price of the company's stock was below 1 yuan for 11 consecutive trading days. According to section 9.2.1 of the “Shenzhen Stock Exchange Stock Listing Rules (2024 Revision)”, if the closing price of a listed company's shares falls below 1 yuan for 20 consecutive trading days, the Shenzhen Stock Exchange terminates its stock listing transaction. There is a risk that the listing of the company's shares may be terminated because the share price is below face value.
ST高升：公司股票可能被终止上市
ST Gaosheng: The listing of the company's shares may be terminated
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