Core Viewpoint - Hubei Jiuyou Investment Co., Ltd. has received a decision from the Shanghai Stock Exchange to terminate its stock listing due to negative net assets as of the end of 2023, leading to a series of trading suspensions and a transition to the National Equities Exchange and Quotations system [1][2][3]. Group 1: Termination of Listing - The company's stock will be delisted and has entered a trading suspension period starting from July 15, 2025, following the end of the delisting transition period on July 14, 2025 [1][2]. - The termination of listing decision was made on June 16, 2025, due to the company's negative net assets and an audit report that could not express an opinion on the financial statements for the year 2024 [2][3]. Group 2: Delisting Process - The delisting process includes a 15-day transition period where the stock can be traded without price limits on the first day and a 10% limit on subsequent days [3]. - The final delisting date is set for July 21, 2025, after which the stock will be transferred to the National Equities Exchange and Quotations system for trading [5]. Group 3: Post-Delisting Arrangements - After delisting, the company will work with a sponsor broker to facilitate the transfer of shares and ensure that trading can occur within 45 trading days post-delisting [5][6]. - Shareholders are advised to complete share confirmation procedures and set up trading accounts as per the announcements from the sponsor broker [6][7].
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