Gelonghui, January 2丨*ST Intercontinental (600759.SH) announced that it received a “Civil Ruling” served by the Haikou Intermediate People's Court. The ruling confirmed that the “Intercontinental Oil & Gas Co., Ltd. Reorganization Plan” had been completed and terminated the company's restructuring process. Since the delisting risk warning situation affected by the company due to the restructuring has been eliminated, the company will apply to the Shanghai Stock Exchange to withdraw the corresponding delisting risk warning in accordance with relevant regulations.
In view of the company's circumstances that have touched on other risk warnings, such as the application to withdraw the delisting risk warning implemented due to the court ruling to accept the company's restructuring was approved by the exchange, the company's stock will continue to be subject to other risk warnings after the delisting risk warning is withdrawn. The company's stock abbreviation will be changed from “*ST Intercontinental” to “ST Intercontinental”, and the stock code will remain “600759.” The company's stock is still traded on the risk warning board, and the daily rise and fall of the stock price is still limited to 5%.