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*Special Treat Dongfang (600811.SH) may face the risk of being delisted due to its stock price falling below 1 yuan.

Zhitong Finance ·  Apr 7 17:37

*Special Treat Dongfang (600811.SH) announced that the closing price of the company's Stocks on April 7, 2025, is 0.4...

According to the Zhito Finance APP, *ST Dongfang (600811.SH) announced that the company's Stocks closing price on April 7, 2025, was 0.45 yuan/share, which has been below 1 yuan for 15 consecutive trading days. Even if the Stocks experience five consecutive limit-ups in the following trading days (excluding days when the company’s Stocks are suspended for trading), it will still trigger a mandatory (Delisted) due to the closing price being below 1 yuan for 20 consecutive trading days. According to Article 9.2.1 of the Shanghai Stock Exchange Listing Rules, a company listed on the Shanghai Stock Exchange that only issues A-shares may be terminated from listing if the closing price of its Stocks is below 1 yuan for 20 consecutive trading days. According to Article 9.6.1 of the Listing Rules, Stocks of companies subject to mandatory (Delisted) will not enter a trading period for Stocks delisting arrangement. The last trading day for the company's Stocks is April 14, 2025.

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