Securities code: 000587 securities abbreviation: * ST Jinzhou Announcement No.: 2022-008 Jinzhou Cihang Group Co.Ltd(000587)
Notice on delisting risk of the company’s shares
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
1、 Delisting risk and other risk warnings have been implemented
Jinzhou Cihang Group Co.Ltd(000587) (hereinafter referred to as “the company”) suffered losses for two consecutive years in 2018 and 2019. According to the relevant provisions of item (I) of article 13.2.1 of the stock listing rules of Shenzhen Stock Exchange (revised in November 2018), the delisting risk warning has been implemented for the company’s stock trading since the opening of the market on May 7, 2020; Since the internal control audit report of the company issued negative opinions in the last year, the net profit before and after deducting non recurring profits and losses in the last three fiscal years, whichever is lower, and the audit report of the last year shows that there is uncertainty in the company’s sustainable operation ability, according to the relevant provisions of article 13.3 of the stock listing rules of Shenzhen Stock Exchange (revised in 2020), The company’s shares have been superimposed with other risk warnings since the opening of the market on April 29, 2021.
2、 Delisting risk of the company’s shares
1. The company’s shares may continue to be subject to delisting risk warning
According to the third quarter report of 2021, the company’s operating income in the third quarter of 2021 was 93617435.11 yuan, the net profit attributable to shareholders of the listed company was -514835040.75 yuan, and the owner’s equity attributable to shareholders of the listed company was -176973822.14 yuan.
If the annual financial statements of the company in 2021 are audited by an accounting firm and touch the provisions of article 9.3.1 of the stock listing rules of Shenzhen Stock Exchange (revised in 2022), the company’s shares may be subject to delisting risk warning by Shenzhen Stock Exchange.
2. There may be delisting risk in the company’s shares
Because the company is suspected of violating laws and regulations in information disclosure, the CSRC has decided to file a case against the company in accordance with the securities law, administrative punishment law and other laws and regulations. For details, see the announcement on the company’s receipt of the filing notice from the CSRC and the progress announcement (No.: 2021-117, 121) on September 17, 2021. At present, the investigation is still in progress, and the company has not yet received the concluding observations or decisions of the SFC on the above investigation.
If the above investigation conclusion touches the relevant provisions of articles 9.5.1 and 9.5.2 of the stock listing rules of Shenzhen Stock Exchange (revised in 2022), the company’s shares may have the risk of delisting.
The information disclosure media designated by the company are China Securities News, Shanghai Securities News, securities times and http://www.cn.info.com.cn, All publicly disclosed information shall be subject to the announcement published in the designated media. Please invest carefully and pay attention to investment risks.
It is hereby announced.
Jinzhou Cihang Group Co.Ltd(000587) board of directors January 20, 2022
