Guangdong Songfa Ceramics (603268.SH) announced that the company's stocks will be suspended from trading on November 1, 2024, and November 4, 2024...
Zhijing Finance APP news, Guangdong Songfa Ceramics (603268.SH) announced that the company's stock had a cumulative price deviation exceeding 20% for two consecutive trading days on November 1 and November 4, 2024. According to the relevant provisions of the Shanghai Stock Exchange Trading Rules, it is considered abnormal stock trading fluctuations. On November 5, 2024, the company's stock price once again hit the limit up. The company's stock has been limit up for 14 consecutive trading days from October 17, 2024, to November 5, 2024. Due to the significant short-term increase in the company's stock price, indicating market overheating, the company solemnly reminds investors to fully understand the risks of secondary market trading, enhance risk awareness, make rational decisions, and invest prudently.
As of the close of trading on November 5, 2024, the company's stock price was 54.53 yuan per share. There is a risk that the total market value after the issuance of shares to purchase assets may exceed the valuation upper limit of Hengli Heavy Industry. If the annual report for 2024 discloses that the audited total profit, net income, or net income excluding non-recurring gains and losses for 2024 is negative and the operating revenue is less than 0.3 billion yuan, the company's stock may be subject to delisting risk warning.
