Gelonghui, May 12, 丨 Straits Innovation (300300.SZ) announced that according to section 9.4 of the “Shenzhen Stock Exchange GEM Stock Listing Rules”: “If a listed company experiences any of the following circumstances, the firm imposes other risk warnings on its stock transactions: (7) According to the facts set out in the China Securities Regulatory Commission's administrative penalty notice in advance, the financial indicators disclosed by the company are falsely recorded, but the circumstances stipulated in section 10.5.2 (1). The aforementioned financial indicators include operating income, total profit and liabilities, net profit, and assets or accounts in the balance sheet” Other risk warnings will be applied to the company's shares.
Trading of the company's shares will be suspended for 1 day from the opening of the market on May 13, 2024 (Monday), and trading will resume from the opening of the market on May 14, 2024 (Tuesday). Other risk alerts have been implemented for the company's stock since May 14, 2024 (Tuesday). The stock abbreviation was changed from “Straits Innovation” to “ST Xia Innovation”; the stock code remained unchanged and was still “300300”; after implementing other risk warnings, the daily rise and fall limit for stock trading remained unchanged at 20%.