Zhixin Finance APP news, ST Chaohua (002288.SZ) announced that on June 28, 2024 (Friday), it received a "pre-notification letter" (Company Letter [2024] No. 171) from the Shenzhen Stock Exchange. The specific contents of the "pre-notification letter" are hereby announced as follows:

Your company's stocks have continuously closed at a price below 1 yuan for 20 consecutive trading days from May 29, 2024 to June 26, 2024, therefore, it meets the situation of delisting as stipulated in Article 9.2.1(4) of the Rules Governing the Listing of Stocks on the Stock Exchange (Revised in 2024) and the Stock Exchange intends to terminate the trading of your company's stocks. According to relevant provisions of the Rules Governing the Listing of Stocks on the Stock Exchange (Revised in 2024) and the Self-Regulatory Supervision Hearing Procedure (Revised in 2023), your company has the right to apply for a hearing or to make a written statement and defense. If a hearing is requested, your company shall make a written application to the Stock Exchange within five trading days from the date of receipt of this notice, specifying the specific matters and reasons. For making statement and defense, your company shall submit relevant written statements and defenses to the Stock Exchange within ten trading days from the date of receipt of this notice. Failure to do so shall be deemed as waiver of the right to hearing, statement and defense.

According to the Stock Listing Rules (revised in 2024) and the Self-discipline and Supervision Hearing Procedure Rules (revised in 2023) of our exchange, your company has the right to apply for a hearing or make a written statement and defense. If your company applies for a hearing, it should submit a written application to our exchange within five trading days from the date of receipt of this notification, stating the specific matters and reasons. If your company makes a statement and defense, it should submit relevant written statements and defense to our exchange within ten trading days from the date of receipt of this notification. Failure to do so will be deemed as a waiver of the right to a hearing, statement, and defense.