Shanghai Guijiu implements delisting risk warning and suspends trading for one day on April 22
Shanghai Guijiu has a negative audited net profit for the fiscal year 2024, and its operating income is below 300 million yuan, triggering delisting risk warning regulations. The company's stock will be suspended for one day on April 22, 2025, and from April 23, it will implement delisting risk warnings, with a daily price fluctuation limit of 5%, and will trade on the risk warning board
According to the announcement from Shanghai Guijiu (600696.SH), due to the company's audited net profit for the year 2024 being negative when deducting non-recurring gains and losses, and the operating revenue being less than 300 million yuan after deducting income unrelated to the main business and income lacking commercial substance, the company's stock will be subject to delisting risk warning in accordance with Article 9.3.2, Paragraph 1, Item (1) of the Shanghai Stock Exchange Listing Rules.
The company's stock will be suspended for one day on April 22, 2025 (Tuesday), and the delisting risk warning will take effect from April 23, 2025 (Wednesday). After the delisting risk warning is implemented, the daily price fluctuation limit for the company's stock will be 5%, and the stock will trade on the risk warning board
