Ningxia Zhongyin Cashmere (000982.SZ) released an announcement stating that the closing price of the company's stock has been lower than 1 yuan for twenty consecutive trading days. According to the provisions of Article 9.2.1 of the Shenzhen Stock Exchange Listing Rules, if the company's stock closing price has been below 1 yuan for twenty consecutive trading days, the Shenzhen Stock Exchange will terminate the listing trading of the company's stock. In accordance with the provisions of Article 9.1.15 of the Shenzhen Stock Exchange Listing Rules, if the company's stock is terminated from listing due to mandatory delisting, the company's stock will not enter the delisting arrangement period.
According to the announcement released by Zhongyin Cashmere (000982.SZ), the company's stock closing price has been lower than 1 yuan for twenty consecutive trading days. In accordance with the provisions of Article 9.2.1 of the Shenzhen Stock Exchange Listing Rules, if the company's stock closing price has been below 1 yuan for twenty consecutive trading days, the Shenzhen Stock Exchange will terminate the listing trading of the company's stock. In accordance with the provisions of Article 9.1.15 of the Shenzhen Stock Exchange Listing Rules, if the company's stock is terminated from listing due to mandatory delisting, the company's stock will not enter the delisting arrangement period.
According to the provisions of Article 9.2.6 of the Shenzhen Stock Exchange Listing Rules, the company's stock will be suspended from trading starting on Monday, June 24, 2024.