This year’s first! Shandong Yulong Gold plans to voluntarily delist and has clarified the compensation mechanism.

Gelonghui, March 21 | Shandong Yulong Gold announced that due to poor operational performance and continuous deterioration of cash flow, the company's operations face significant uncertainty. To protect the interests of minority shareholders, it plans to voluntarily withdraw its A-shares from trading on the Shanghai Exchange. This proposal still needs to be submitted to the company's shareholders meeting for review. After the shareholders meeting passes the review, the termination of listing still requires approval from the Shanghai Securities Exchange. This is also the first A-share listed company to announce plans for voluntary delisting in 2025. Shandong Yulong Gold will resume trading on March 24 (Monday) when the market opens.