On June 19th, Gelunhui reported that Pengdu Agriculture & Animal Husbandry (002505.SZ) issued the third risk warning announcement that the company's stock may be delisted. According to Article 9.2.4 of the Shenzhen Stock Exchange Listing Rules (revised in 2024), if the closing price of a listed company's shares is lower than 1 yuan per share for 10 consecutive trading days, the company should disclose a risk warning that its stock may be delisted due to the low stock price compared to face value. The announcement should be made once a day until the corresponding situation is eliminated or the Shenzhen Stock Exchange decides to delist the company's stock.
As of June 19, 2024, the stock of Pengdu Agriculture & Animal Husbandry Co., Ltd. (hereinafter referred to as the "company") has been lower than RMB 1 for 11 consecutive trading days, so the company has issued this risk warning announcement.