On April 3rd, Gelonghui announced that the closing price of *ST Dongfang stocks on April 3rd, 2025, was 0.47 yuan per share, having been below 1 yuan for 14 consecutive trading days. Even if there are six consecutive trading days with daily limit-ups afterwards (excluding the entire suspension day of the company’s stocks), it will still face mandatory delisting due to the closing price being below 1 yuan for 20 consecutive trading days. According to Article 9.2.1, Paragraph 1, Item 1 of the Shanghai Stock Exchange Listing Rules, if a company listed on the Shanghai Stock Exchange only issues A-shares and its stock closing price is below 1 yuan for 20 consecutive trading days, its stocks may be terminated from trading on the Shanghai Stock Exchange.
*Special Treat Dongfang: The company's stocks will be delisted.
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