Zhengyuan Co., Ltd. (600321.SH) announced that the closing price of the company's stock on April 16, 2024 was 0.9...
Zhitong Finance App News, Zhengyuan Co., Ltd. (600321.SH) announced that the closing price of the company's stock on April 16, 2024 was 0.96 yuan/share, lower than RMB 1. According to section 9.2.1 (1) (1) of the “Shanghai Stock Exchange Stock Listing Rules” (hereinafter referred to as the “Stock Listing Rules”), a listed company that only issues A-shares on the Shanghai Stock Exchange, if the daily stock closing price of the company's shares falls below 1 yuan for 20 consecutive trading days, the company's shares may be terminated by the Shanghai Stock Exchange. Investors are kindly requested to pay attention to investment risks.
According to section 9.2.7 of the “Stock Listing Rules”, if the company is forced to delist the above types of transactions, the Shanghai Stock Exchange will decide whether to terminate the company's stock listing within 15 trading days. According to the provisions of section 9.6.1 (2) of the “Stock Listing Rules”, the shares of companies that are subject to mandatory delisting will not be traded during the delisting period. Investors are kindly requested to pay attention to investment risks.