Securities code: Western Regions Tourism Development Co.Ltd(300859) securities abbreviation: ST Xiyu Announcement No.: 2022020 Western Regions Tourism Development Co.Ltd(300859)
Announcement on application for cancellation of delisting risk warning for company 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:
Western Regions Tourism Development Co.Ltd(300859) (hereinafter referred to as “the company”) intends to apply for cancellation of the delisting risk warning of the company’s shares. Shenzhen Stock Exchange will decide whether to revoke the delisting risk warning of the company’s shares within 15 trading days from the date of receiving the company’s application. Whether the delisting risk warning of the company’s shares can be revoked needs to be reviewed and confirmed by Shenzhen Stock Exchange. Please pay attention to the investment risk.
1、 Delisting risk warning of the company’s stock trading
According to the 2020 annual report and the announcement on delisting risk warning and suspension of the company’s stock trading disclosed on cninfo.com on April 27, 2021, the audited net profit of the company in 2020 is negative and the operating income after special deduction is less than 100 million yuan, It touches the delisting risk warning situation of “the audited net profit in the latest fiscal year is negative and the operating income is less than 100 million yuan” stipulated in article 10.3.1 of the Listing Rules of GEM stocks of Shenzhen Stock Exchange (hereinafter referred to as the “Listing Rules”). According to the relevant provisions of the listing rules, since the reopening of the company’s shares on April 28, 2021, the company’s shares have been subject to the special treatment of “delisting risk warning”. The abbreviation of the company’s stock is changed from “western tourism” to ” Western Regions Tourism Development Co.Ltd(300859) “, the stock code is still ” Western Regions Tourism Development Co.Ltd(300859) “, and the rise and fall limit of the stock trading day is still 20%.
2、 Explanation of the company’s application to revoke the warning of stock delisting risk
According to the audit report of the company in 2021 (xksbz [2022] No. za11628) and the special verification opinions on the deduction of operating income in 2021 (xksbz [2022] No. za11631) issued by Lixin Certified Public Accountants (special general partnership) on April 26, 2022, the report shows that the company achieved operating income of 14944802300 yuan in 2021 and operating income of 14879841735 yuan after deduction; The net profit attributable to the shareholders of the listed company is 2695098241 yuan, and the net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses is 2635178337 yuan; The owner’s equity attributable to the shareholders of the listed company is 63663370600 yuan.
According to the relevant provisions of article 10.3.6 of Shenzhen Stock Exchange GEM Listing Rules (revised in December 2020), the company meets the conditions for applying for cancellation of stock delisting risk warning, and the company plans to apply to Shenzhen stock exchange for cancellation of stock delisting risk warning. 3、 Deliberations of the board of directors
On April 26, 2022, the company held the 9th meeting of the 6th board of directors, deliberated and approved the proposal on applying for cancellation of delisting risk warning for the company’s stock trading, and the board of directors agreed that the company applied to Shenzhen stock exchange for cancellation of delisting risk warning for stock trading.
4、 Risk tips
Whether the delisting risk warning of the company’s shares can be revoked needs to be reviewed and confirmed by Shenzhen Stock Exchange. The company will timely perform the obligation of information disclosure according to the progress of the application. The relevant information shall be subject to the announcement issued by the company in the designated information disclosure media. Please pay attention to investment risks.
The company solemnly reminds investors that the information disclosure media designated by the company are China Securities News, securities times, securities daily and cninfo（ http://www.cn.info.com.cn. ）。 All information of the company is subject to the information published in the above designated media. Please pay attention to the relevant announcements, make prudent decisions, invest rationally and pay attention to investment risks.
It is hereby announced.
Western Regions Tourism Development Co.Ltd(300859) board of directors April 27, 2022
