Nanjing Putian Telecommunications announced that the closing price of the company's stock on June 6, 2024 was HKD1.39 per share, calculated at RMB90.927 per 100 Hong Kong dollars according to the exchange rates announced by the State Administration of Foreign Exchange on May 31, 2024, which was the last trading day of the previous week used by the SZSE Composite Index. The market capitalization of the company's stock on June 6, 2024 was RMB272 million, which was the first time the market capitalization was lower than RMB300 million. According to the regulations, the company's stock faces the risk of being delisted if its market capitalization continues to be lower than RMB300 million for twenty consecutive trading days.
宁通信B：收盘市值低于3亿元 公司股票可能被终止上市
Nanjing Putian Telecommunications: If the closing market cap is less than 300 million yuan, the company's stocks may be delisted.
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