On June 30th, Gelunhui reported that special treat Hongtao (002325.SZ) announced that as of June 28, 2024, the closing price of Hongtao Group Co., Ltd. (hereinafter referred to as "Hongtao Group" or "the company") has been continuous for 20 trading days. It is lower than 1 yuan and has reached the trading-class compulsory delisting situation stipulated in Article 9.2.1 of the Shenzhen Stock Exchange Listing Rules. The company's stock will be delisted from trading on the Shenzhen Stock Exchange.
According to Article 9.2.6 of the Shenzhen Stock Exchange Listing Rules, the company's stock will be suspended from trading starting on July 1, 2024 (Monday). According to Article 9.1.15 of the Shenzhen Stock Exchange Listing Rules, if the company's stock is delisted from trading due to compulsory delisting situation, the company's stock will not enter the delisting arrangement period.