*ST Ningke (600165.SH) issued an announcement. The company's stock fell to a halt on May 10, 2024, at 2...
Zhitong Finance App News, *ST Ningke (600165.SH) announced that the company's stock fell to a halt on May 10, 2024 and rose and stopped on May 14, 2024. The amplitude on May 14, 2024 reached 2.65%, and the turnover rate reached 7.60% on the same day. Recently, the company's stock trading price has fluctuated greatly. Investors are kindly requested to pay attention to secondary market trading risks.
The company said that the company and Ningxia Zhongke Biotech New Materials Co., Ltd. (abbreviation: Zhongke New Materials) have not received court documents to accept pre-restructuring and restructuring. There is significant uncertainty about whether the applicant's application will be accepted by the court, and whether the company and Zhongke New Materials will enter pre-restructuring and restructuring procedures in the future. Furthermore, as of the date of issuance of this announcement, the company has not signed an agreement or cooperation with any partner on the restructuring matters, so there is a major risk whether the pre-restructuring and restructuring can proceed smoothly. If the Shizuishan Intermediate People's Court officially accepts the applicant's application for pre-restructuring and restructuring of the company, the company's shares will be superimposed on the Shanghai Stock Exchange to implement a delisting risk warning. Even if the court formally accepts the application for reorganization and pre-restructuring, there is a risk that the company will be declared bankrupt due to the failure of the restructuring. If the company is declared bankrupt, the company will be subject to bankruptcy and liquidation. According to section 9.4.15 of the “Shanghai Stock Exchange Stock Listing Rules (April 2024 Revision)”, the company's shares will face the risk of being terminated.