CTCG's stock will implement other risk warnings starting from March 18
CTCG will implement other risk warnings starting from March 18, 2025, due to receiving the "Advance Notice of Administrative Penalty" from the China Securities Regulatory Commission. According to relevant regulations, the stock will be suspended for one day on March 17, 2025, and the A-share abbreviation will change from "国旅联合" to "ST 联合，" with a daily price fluctuation limit of 5%
According to the announcement from CTCG (600358.SH), the company received the "Advance Notice of Administrative Penalty" (referred to as "Advance Notice") issued by the Jiangxi Regulatory Bureau of the China Securities Regulatory Commission on March 14, 2025. Based on the content stated in the "Advance Notice" and in accordance with the relevant provisions of the "Shanghai Stock Exchange Stock Listing Rules (Revised in April 2024)", the company's stock will be subject to other risk warnings.
According to the relevant provisions of Articles 9.8.1 and 9.8.2 of the "Listing Rules", the company's stock will be suspended for one day on March 17, 2025, and will implement other risk warnings starting from March 18, 2025. The A-share stock abbreviation will change from "国旅联合" to "ST 联合", and after the implementation of other risk warnings, the daily price fluctuation limit for the stock will be 5%. After the implementation of other risk warnings, the company's stock will trade on the risk warning board
