According to the prospectus of the initial public offering of shares and listing on the Growth Enterprise Board of Harbin Senying Window Industry Co., Ltd. of Senying Window(301227.SZ) released today, the company will initiate measures to stabilize its stock price based on the conditions for the initiation of 'measures and commitments to stabilize the stock price' specified in the prospectus, which states that the company will initiate measures to stabilize the stock price within three years from the day of the first public offering of A shares and listing, if the closing price of the company's stock has been continuously lower than the net assets per share audited at the end of the previous fiscal year, and relevant laws, regulations, and normative documents concerning the purchase and holding of the company's shares are met.
From July 2nd, 2024 to July 29th, 2024, the closing price of the company's stock has been below the audited net assets per share of the previous fiscal year (19.44 yuan/share after adjustment according to the equity distribution results of 2023) for 20 consecutive trading days, which triggered the initiation condition of the aforementioned commitment to stabilize the stock price.
The company needs to determine whether the conditions for implementing measures to stabilize the stock price are met based on the completion or expiration of the repurchase plan and relevant shareholding plans, as well as the distribution of the company's equity at that time. Once the premise for implementing measures to stabilize the stock price is met, the company will initiate the board of directors meeting procedure within 10 trading days from the date when the aforementioned condition is met, and develop specific plans for stabilizing the stock price in accordance with the provisions of laws, regulations, and the company's articles of association. after completing the relevant internal decision-making procedures and external approval and record-keeping procedures (if necessary), and will announce it promptly in accordance with the disclosure requirements for listed companies, effectively safeguarding the company's value and the interests of all shareholders. Please pay attention to the company's subsequent announcements and progress.