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广汇宝信(01293.HK):控股股东收到上交所拟终止上市告知书

Grand Baoxin (01293.HK): The controlling shareholder has received the notice of the proposed termination of listing from the Shanghai Stock Exchange.

Gelonghui Finance ·  Jul 21 19:56

Gelonghui, July 21, 丨 Guanghui Baoxin (01293.HK) issued an announcement. On July 21, 2024, the company was notified by Guanghui Automobile (600297.SH), the controlling shareholder of the company, that it had received the “Prior Notice Concerning the Intent to Terminate the Listing of Guanghui Auto Service Group Co., Ltd. Stock and Convertible Corporate Bonds” (Shanghai Securities Official Letter [2024] No. 1004)) (“Notice”), because from June 20, 2024 to July 17, 2024, the daily closing price of its A shares was lower than 20 consecutive trading days RMB 1.00 triggered the conditions for termination of listing under the Shanghai Stock Exchange's stock listing rules. According to the notice, the Shanghai Stock Exchange will make a decision to terminate the listing of shares and convertible corporate bonds issued by Guanghui Automobile in accordance with the listing rules of the Shanghai Stock Exchange, and Guanghui Automobile can apply for a hearing to explain the case and file a lawsuit within five trading days after receiving the notice. As of the date of this announcement, Guanghui Automobile held 68.56% of the company's issued share capital.

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