*ST Hongtao (002325.SZ) issued an announcement that the closing price of the company's stock fell below 1 on May 31, 2024...
Zhitong Finance App News, *ST Hongtao (002325.SZ) issued an announcement. On May 31, 2024, the closing price of the company's stock was below 1 yuan, touching on the situation of section 9.2.3 (1) of the “Shenzhen Stock Exchange Stock Listing Rules”. According to section 9.2.3 of the “Shenzhen Stock Exchange Stock Listing Rules”, the company should disclose the risk that the listing of the company's shares may be terminated due to the stock price being lower than face value. At the same time, according to section 9.2.1 of the “Shenzhen Stock Exchange Stock Listing Rules”, if the closing price of the company's stock falls below 1 yuan for 20 consecutive trading days, the listing and trading of the company's shares will be terminated by the Shenzhen Stock Exchange.