ST Dvision: The company's stock may be delisted
ST Dvision issued an announcement stating that due to the audited owner's equity attributable to shareholders of the listed company for the year 2023 being RMB 29,040,564.11, it has reached the delisting risk warning indicator, and the stock trading will be subject to delisting risk warning. According to relevant regulations, the company is required to issue a risk warning announcement every ten trading days before the annual report disclosure. This is the first risk warning announcement, indicating that the stock may be terminated from listing
According to the announcement from *ST Dvision (300167.SZ) on April 26, 2024, the company disclosed the "Announcement on the Implementation of Delisting Risk Warning and Stock Suspension" (Announcement No.: 2024-025). The audited owner's equity attributable to shareholders of the listed company for the fiscal year 2023 was CNY 29,040,564.11, which triggered the delisting risk warning indicator under Article 10.3.1 of the Shenzhen Stock Exchange GEM Listing Rules: "The net assets at the end of the most recent fiscal year audited are negative, or the net assets at the end of the most recent fiscal year are negative after retrospective restatement." As a result, the trading of the company's stock has been subject to a delisting risk warning.
The company disclosed the "2024 Annual Performance Forecast Announcement" (Announcement No.: 2025-011) on January 23, 2025, and the financial data related to the performance forecast has not yet been audited. According to Article 10.3.5 of the Listing Rules, "If a listed company triggers the circumstances specified in items one to three of the first paragraph of Article 10.3.1, and its stock trading is subject to a delisting risk warning, it shall disclose a risk warning announcement regarding the potential termination of its stock listing within one month after the end of the accounting year in which the delisting risk warning is implemented. After the first risk warning announcement is disclosed and before the annual report is disclosed, a risk warning announcement shall be disclosed every ten trading days." In accordance with this regulation, the company is required to disclose a risk warning announcement regarding the potential termination of its stock listing. This announcement serves as the company's first risk warning announcement
