On January 8, Gelonghui reported that *ST Jiangsu Zhongli Group (002309.SZ) announced it had received the Civil Ruling No. (2024) Su 05 Po 50 No. 4 from the Suzhou Intermediate People's Court, confirming that the company's restructuring plan has been executed and the company's restructuring process has concluded. The delisting risk warning situation triggered by the company's acceptance of restructuring by the Suzhou Intermediate Court has been eliminated.
Rongcheng Accounting Firm (Special General Partnership) issued a special notice on the repayment situation of non-operating fund occupation by major shareholders and their affiliated enterprises of Jiangsu Zhongli Group Co., Ltd. (Rongcheng Special Letter [2025] 361Z0006), confirming that the company has rectified the non-operating fund occupation issue as required by the Jiangsu Securities Regulatory Bureau's Administrative Supervision Measure Decision Document ([2024] 88). The other risk warning situations triggered by non-operating occupations by Wang Baixing and his affiliates have been eliminated.
According to Articles 9.4.14 and 9.4.7 of the Shenzhen Stock Exchange Listing Rules, the company has applied to the Shenzhen Stock Exchange to revoke the corresponding delisting risk warnings and some other risk warnings. The above application has been reviewed and approved by the Shenzhen Stock Exchange. Given that the company still has situations that trigger delisting risk warnings and other risk warnings, the company's stocks will continue to be subject to delisting risk warnings and other risk warnings by the Shenzhen Stock Exchange. The stock's abbreviation remains unchanged, and the daily price fluctuation limit for stock trading is still set at 5%. The company's stocks will resume trading on January 9, 2025.
