*ST高鸿收到终止上市事先告知书

Core Viewpoint - *ST Gaohong (000851) has received a notice from the Shenzhen Stock Exchange regarding the termination of its stock listing due to its stock price being below 1 yuan for twenty consecutive trading days [1] Summary by Relevant Sections - Company Announcement - The company announced that it received a "Notice of Termination of Listing" from the Shenzhen Stock Exchange on September 30, 2025 [1] - The notice indicates that from September 1 to September 26, 2025, the company's stock closing price was below 1 yuan for twenty consecutive trading days [1] - Regulatory Context - The situation triggers the termination listing conditions as per the Shenzhen Stock Exchange's "Stock Listing Rules (2025 Revision)" Article 9.2.1, Clause 1, Item 4 [1] - The Shenzhen Stock Exchange intends to decide on the termination of the company's stock trading [1]