Securities code: China Dive Company Limited(300526) securities abbreviation: China Dive Company Limited(300526) Announcement No.: 2022043 China Dive Company Limited(300526)
Announcement on delisting risk warning and other risk warning and stock suspension of the company’s stock trading
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:
1. China Dive Company Limited(300526) (hereinafter referred to as “the company”) disclosed the 2021 annual report on cninfo.com on April 22, 2022. The audited net profit of the company in 2021 (the lower before and after deducting non recurring profits and losses) is negative and the operating income is less than 100 million yuan. According to article 10.3.1 of Shenzhen Stock Exchange GEM Listing Rules (revised in December 2020), The company’s stock trading will be subject to delisting risk warning after the disclosure of the 2021 annual report.
2. The net profit of the company before and after deducting non recurring profits and losses in the last three fiscal years, whichever is lower, is negative, and the audit report of the last year shows that the company’s ability to continue as a going concern is uncertain. According to Article 9.4 of the GEM Listing Rules of Shenzhen Stock Exchange (revised in December 2020), if a listed company has one of the following situations, “the lower of the net profit before and after deducting non recurring profits and losses of the company in the last three fiscal years is negative, and the audit report of the latest year shows that there is uncertainty in the company’s sustainable operation ability”, Shenzhen Stock Exchange will implement other risk warnings for its stock trading superposition.
3. The trading of the company’s shares has been suspended for one day since the opening of the market on April 22, 2022, and resumed since the opening of the market on April 25, 2022.
4. The “delisting risk warning” and “other risk warning” have been implemented for the company’s shares since April 25, 2022. The stock abbreviation has been changed from ” China Dive Company Limited(300526) ” to ” ST Zhongqian”, and the securities code is still China Dive Company Limited(300526) . After the delisting risk warning is implemented, the daily rise and fall limit of the company’s stock trading is still 20%.
Securities code: China Dive Company Limited(300526) securities abbreviation: China Dive Company Limited(300526) Announcement No.: 2022043 the company disclosed the 2021 annual report on cninfo.com on April 22, 2022. The audited net profit of the company in 2021 (the lower before and after deducting non recurring profits and losses) is negative and the operating income is less than 100 million yuan. The lower of the net profit before and after deducting non recurring profits and losses in the last three fiscal years is negative, And the audit report of the latest year shows that the company’s ability to continue as a going concern is uncertain. According to articles 9.4 and 10.3.1 of the Shenzhen Stock Exchange GEM Listing Rules (revised in December 2020), the company’s stock trading will be subject to delisting risk warning and other risk warnings after the disclosure of the 2021 annual report.
1、 The type, abbreviation, securities code of the stock, and the starting date of delisting risk warning and other risk warnings
(I) the stock type is still RMB ordinary shares;
(II) the stock abbreviation is changed from ” China Dive Company Limited(300526) ” to ” ST Zhongqian”;
(III) the stock code is still ” China Dive Company Limited(300526) “;
(IV) starting date of risk warning: April 25, 2022.
2、 Main reasons for implementing risk warning
The audited net profit before and after deducting non recurring profits and losses in 2021 is negative, and the operating income is less than 100 million yuan. According to Item 1, paragraph 1, article 10.3.1 of Shenzhen Stock Exchange GEM Listing Rules (revised in December 2020), in case of “the audited net profit in the latest fiscal year is negative and the operating income is less than 100 million yuan, or the net profit in the latest fiscal year is negative and the operating income is less than 100 million yuan after retroactive restatement”, the company’s stock trading will be subject to delisting risk warning.
The net profit of the company before and after deducting non recurring profits and losses in the last three fiscal years, whichever is lower, is negative, and the audit report of the last year shows that the company’s ability to continue as a going concern is uncertain. According to Article 9.4 of the GEM Listing Rules of Shenzhen Stock Exchange (revised in December 2020), if a listed company has one of the following situations, “the lower of the net profit before and after deducting non recurring profits and losses of the company in the last three fiscal years is negative, and the audit report of the latest year shows that there is uncertainty in the company’s sustainable operation ability”, Shenzhen Stock Exchange will implement other risk warnings for its stock trading superposition.
The trading of the company’s shares will be suspended for one day on April 22, 2022. After the resumption of trading on April 25, 2022, the company will be subject to “delisting risk warning” and “other risk warning” by Shenzhen Stock Exchange (the abbreviation of the stock is preceded by
Securities code: China Dive Company Limited(300526) securities abbreviation: China Dive Company Limited(300526) Announcement No.: 2022043 ” ST”).
3、 The board of directors of the company will actively urge the management to take measures to improve the operating and financial conditions. The board of directors of the company will continue to track the progress of the above related work, safeguard the legitimate rights and interests of the company and shareholders, and strive to revoke the delisting risk warning and other risk warnings. The board of directors of the company plans to take the following measures:
The company will further adjust the product structure and reduce the business proportion of products with low profit margin; Strengthen internal control management and control operating costs and expenses; Increase the market, especially the development of end customers, expand the scale of revenue and improve the quality of orders; Gradually dispose of idle assets and strengthen the integration of internal resources.
4、 Risk warning that stocks may be delisted
After the delisting risk warning is implemented for the company’s stock trading, if one of the following circumstances occurs in the first accounting year, i.e. 2022, the company’s shares will face the risk of terminating the listing and Trading:
1. If the audited net profit is less than 100 million yuan and the net profit is less than 100 million yuan in the most recent accounting year, or if the net profit is less than 100 million yuan in the most recent accounting year;
2. The audited ending net assets are negative, or the ending net assets of the latest fiscal year after retroactive restatement are negative;
3. The financial accounting report is issued with qualified opinions, unable to express opinions or negative opinions; 4. Failing to disclose the annual report that more than half of the directors guarantee to be true, accurate and complete within the statutory time limit;
5. Although it meets the conditions for canceling the delisting risk warning, it fails to apply to the exchange for canceling the delisting risk warning within the specified time limit;
6. Because the conditions for withdrawal of delisting risk warning are not met, the application for withdrawal of delisting risk warning has not been approved. 5、 Contact information of the company for consultation with investors during the delisting risk warning period
Address: 16th floor, T7, South District, No. 1 square, Shenzhen Bay, Nanshan District, Shenzhen, Guangdong
Tel: 075583571281
Fax: 075583571291
Email: ZQGF888163.com.
It is hereby announced.
Securities code: China Dive Company Limited(300526) securities abbreviation: China Dive Company Limited(300526) Announcement No.: 2022043 China Dive Company Limited(300526) board of directors April 22, 2022
