Shanghai Stock Exchange
Szgh [2022] No. 0319
Proposed termination of Xiamen Overseas Chinese Electronic Co.Ltd(600870)
Prior notice of stock listing
Xiamen Overseas Chinese Electronic Co.Ltd(600870) ：
On the evening of April 29, 2022, your company disclosed the annual report of 2021. According to the special verification opinions on the deduction of operating income in Xiamen Overseas Chinese Electronic Co.Ltd(600870) 2021 (you Zhen zhuanshen Zi [2022] No. 0222) issued by the audit institution of the annual report, your company should deduct the income unrelated to the main business, and the amount of operating income after deduction is zero yuan. According to the stock listing rules and other rules of the exchange, your company shall deduct relevant operating income in accordance with the above verification opinions issued by the annual report audit institution. Therefore, the audited net profit of the company in 2021 is negative, and the operating income after deduction is less than RMB 100 million. According to article 9.3.11 of the stock listing rules of the exchange, your company's shares have reached the conditions for termination of listing.
The exchange will decide to terminate the listing of your company's shares in accordance with article 9.3.14 of the stock listing rules.
If your company applies for a hearing, it shall submit a written hearing application specifying the matters to be heard and the reasons for its defense to the ministry within 5 trading days after receiving this notice.
It is hereby notified.
Annex: hearing receipt
Shanghai Stock Exchange listed company management Department II April 30, 2002
Hearing receipt
□ apply for a hearing on the termination of listing of shares. □ do not apply for a hearing on the termination of listing of shares.
Xiamen Overseas Chinese Electronic Co.Ltd(600870) mm / DD / yyyy
