Securities code: Lawton Development Co.Ltd(600209) securities abbreviation: st luodun No.: Lin 2022027 Lawton Development Co.Ltd(600209)
With regard to the fifth risk warning announcement that the company’s shares may be delisted, the company and its directors guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and integrity of its contents. Important tips:
Shanghai Stock Exchange has implemented delisting risk warning on stock trading of Lawton Development Co.Ltd(600209) (hereinafter referred to as “the company”) on March 22, 2021.
According to the corrected financial data of the performance forecast, the company’s operating income in 2021 and the operating income after deducting the business income irrelevant to the main business and the income without commercial substance have been less than 100 million yuan, and the net profit before and after deducting the non recurring profit and loss is negative. According to the relevant provisions of the stock listing rules of Shanghai Stock Exchange, the listing of the company’s shares may be terminated.
The scheduled disclosure date of the company’s 2021 annual report is April 27, 2022, and the final financial data shall be subject to the audited 2021 annual report officially disclosed by the company. If the company touches the circumstances listed in article 9.3.11 of the stock listing rules of Shanghai Stock Exchange (revised in 2022), the trading of the company’s shares will be suspended from the date of disclosure of the annual report, and Shanghai Stock Exchange will make a decision on whether to terminate the listing of the company’s shares within 15 trading days after the date of disclosure of the 2021 annual report.
As of the date of this announcement, the company has disclosed five risk warning announcements before the disclosure of the 2021 annual report.
1、 About the delisting risk warning of the company’s stock trading
As the audited net profit of the company before and after deducting non recurring profit and loss in 2020 is negative, and the operating income before and after deducting is less than 100 million yuan, according to the stock listing rules of Shanghai Stock Exchange (revised in 2020) and relevant transition period arrangements, Shanghai Stock Exchange has implemented delisting risk warning for the company’s stock trading on March 22, 2021.
2、 Financial delisting situations that the company may touch
(I) the audited net profit of the company before and after deducting non recurring profit and loss in 2020 is negative, and the operating income before and after deducting is less than 100 million yuan. According to the stock listing rules of Shanghai Stock Exchange (revised in 2020) and relevant transition period arrangements, Shanghai Stock Exchange has implemented delisting risk warning for the company’s stock trading on March 22, 2021.
According to the corrected financial data of the performance forecast, the company’s operating income and operating income after deducting the business income irrelevant to the main business and the income without commercial substance have been less than 100 million yuan, and the net profit before and after deducting the non recurring profit and loss is negative. If the audited net profit before and after deducting the non recurring profit and loss in 2021 is negative, and the operating income before and after deducting the non recurring profit and loss is less than 100 million yuan, According to the relevant provisions of the stock listing rules of Shanghai Stock Exchange, the listing of the company’s shares may be terminated.
(II) if the company’s 2021 annual report indicates that the company has the circumstances listed in article 9.3.11 of the stock listing rules of Shanghai Stock Exchange (revised in 2022), the company’s shares will be subject to the risk of termination of listing and trading by Shanghai Stock Exchange.
3、 Other tips
As of the disclosure date of this announcement, the audit of the company’s annual report in 2021 is in progress. The company has published on Shanghai Securities News, China Securities News and the website of Shanghai Stock Exchange (www.sse. Com. CN) on January 29, 2022, February 12, 2022 and February 19, 2022 The annual performance forecast of roton development in 2021 (No.: Lin 2022003), the first risk warning announcement of roton development on the possible termination of the listing of the company’s shares (No.: Lin 2022004), the second risk warning announcement of roton development on the possible termination of the listing of the company’s shares (No.: Lin 2022007) and The third risk warning announcement of luodun development on the possible delisting of the company’s shares (No.: Lin 2022009) and the fourth risk warning announcement of luodun development on the possible delisting of the company’s shares (No.: Lin 2022025).
The scheduled disclosure date of the company’s 2021 annual report is April 27, 2022, and the final financial data shall be subject to the audited 2021 annual report officially disclosed by the company. If the 2021 annual report disclosed by the company and the announcement on correction of annual performance forecast of roton development in 2021 (No.: 2022026) disclosed by the company are consistent in major aspects, indicating that the company will touch the situations listed in article 9.3.11 of the stock listing rules of Shanghai Stock Exchange (revised in 2022), Shanghai Stock Exchange will, within 15 trading days after the company discloses the 2021 annual report, Make a decision on whether to terminate the listing of the company’s shares.
The company has disclosed five risk warning announcements before the disclosure of the 2021 annual report. All information publicly disclosed by the company shall be disclosed in the designated information disclosure media Shanghai Securities News, China Securities News and the website of Shanghai Stock Exchange (www.sse. Com. CN) Subject to disclosure. Please pay attention to investment risks.
It is hereby announced.
Lawton Development Co.Ltd(600209) board of directors April 15, 2022
