Shanghai Lonyer(SH:603003) Zheng Quan Zhi Xing·2025-06-23 17:26Core Points - Shanghai Longyu Data Co., Ltd. has received a decision from the Shanghai Stock Exchange to terminate its stock listing, effective from June 10, 2025, with the expected last trading date being June 30, 2025 [2][3] - The stock will enter a delisting arrangement period of 15 trading days, during which the first trading day will have no price limit, while subsequent days will have a price fluctuation limit of 10% [3] - The company plans to conduct a share buyback during the delisting period, with a total amount between RMB 50 million and RMB 100 million, and a maximum buyback price of RMB 4.85 per share [5] Summary by Sections Delisting Announcement - The company received a self-regulatory decision from the Shanghai Stock Exchange regarding the termination of its stock listing [2] - The stock will enter a delisting arrangement period starting June 10, 2025, with a total of 15 trading days [2][3] Trading Restrictions - The stock will be traded on the risk warning board with specific trading codes and limits [3] - Individual investors must have over 24 months of trading experience and meet asset requirements to buy delisted stocks [3] Risk Disclosure - The company will issue risk warning announcements during the delisting period, including a notice on the first trading day and subsequent notices every five trading days [3] Share Buyback Plan - The company intends to repurchase shares during the delisting period, with a total amount between RMB 50 million and RMB 100 million, and a maximum price of RMB 4.85 per share [5] - Key stakeholders will not reduce their shareholdings during the buyback period [5]