Securities code: Vanfund Urban Investment&Development Co.Ltd(000638) securities abbreviation: ST Wanfang Announcement No.: 2022028 Vanfund Urban Investment&Development Co.Ltd(000638)
Risk suggestive announcement that shares may be delisted
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Special tips:
According to article 9.3.5 of the Listing Rules of Shenzhen Stock Exchange (revised 2022), “listed companies due to the occurrence of items (I) to (III) of paragraph 1 of article 9.3.1 of these rules” Under this circumstance, if the delisting risk warning is implemented for its stock trading, it shall disclose the risk warning announcement that the stock may be delisted within one month after the end of the accounting year of the year in which the delisting risk warning is implemented, and disclose the provisions of “risk warning announcement at least twice before disclosing the annual report of the year”. The company shall disclose this risk warning announcement, and the majority of investors are invited to pay attention to the investment risk.
1、 Reasons for delisting risk warning
Vanfund Urban Investment&Development Co.Ltd(000638) (hereinafter referred to as “the company”) touched the situation stipulated in article 14.3.1 of the Listing Rules of Shenzhen Stock Exchange (revised in 2020) “the audited net profit of the latest fiscal year is negative and the operating income is less than 100 million yuan” because the audited net profit attributable to the shareholders of the listed company in 2020 is negative and the operating income is less than 100 million yuan, Since June 11, 2021, the stock trading of the company has been subject to “delisting risk warning”.
2、 Financial delisting situations that the company may touch
According to the relevant provisions of the Listing Rules of Shenzhen Stock Exchange (revised in 2022), if the company triggers one of the following financial compulsory delisting indicators in 2021, The listing of the company’s shares will be terminated: “(I) the audited net profit is negative and the operating income is less than 100 million yuan, or the net profit of the most recent fiscal year after retroactive restatement is negative and the operating income is less than 100 million yuan; (II) the audited ending net assets are negative, or the ending net assets of the most recent fiscal year after retroactive restatement are negative; (III) The financial accounting report is issued with qualified opinions, unable to express opinions or negative opinions; (IV) failing to disclose the annual report guaranteed by more than half of the directors to be true, accurate and complete within the statutory time limit; (V) although it complies with the provisions of article 9.3.7 of the Listing Rules of Shenzhen Stock Exchange (revised in 2022), it fails to apply to Shenzhen stock exchange for withdrawing the delisting risk warning within the specified time limit; (VI) because it does not comply with the provisions of article 9.3.7 of the Listing Rules of Shenzhen Stock Exchange (revised in 2022), the company’s application for canceling delisting risk warning has not been examined and approved by Shenzhen Stock Exchange.
As of the date of this announcement, the company has disclosed the performance forecast for 2021, and the audit of the company’s 2021 annual report is in progress. The final financial data shall be subject to the audited 2021 annual report officially disclosed by the company.
The information disclosure media designated by the company are securities times, Securities Daily, China Securities News, Shanghai Securities News and cninfo（ http://www.cn.info.com.cn. ）, all information of the company is subject to the announcement published by the company in the above media. Please pay attention to the subsequent announcement of the company and pay attention to the investment risk.
It is hereby announced.
Vanfund Urban Investment&Development Co.Ltd(000638) board of directors
April 13, 2002
