Announcement – In relation to the matter of Shanghai Dasheng Agriculture Finance Technology Co., Ltd. (a joint stock company incorporated in the People’s Republic of China with limited liability) (Stock Code: 1103) Cancellation of listing
Regulatory
03 Jan 2024
香港联合交易所有限公司
(香港交易及结算所有限公司全资附属公司)
THE STOCK EXCHANGE OF HONG KONG LIMITED
(A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited)
ANNOUNCEMENT
In relation to the matter of
Shanghai Dasheng Agriculture Finance Technology Co., Ltd.
(a joint stock company incorporated in the People’s Republic of China with limited liability)
(Stock Code: 1103)
Cancellation of listing
| The Stock Exchange of Hong Kong Limited (the Exchange) announced that with effect from 9:00 am on 5 January 2024, the listing of the shares of Shanghai Dasheng Agriculture Finance Technology Co., Ltd. (the Company) will be cancelled under Rule 6.01A.
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The Exchange announces that the listing of the Company's shares will be cancelled with effect from 9:00 am on 5 January 2024 under Rule 6.01A.
Trading in the Company’s shares has been suspended since 11 February 2022. Under Rule 6.01A, the Exchange may delist the Company if trading does not resume by 10 August 2023.
The Company failed to fulfill the resumption guidance set by the Exchange and resume trading in its shares by 10 August 2023. On 8 September 2023, the Listing Committee decided to cancel the listing of the Company’s shares on the Exchange under Rule 6.01A.
On 14 September 2023, the Company sought a review of the Listing Committee's decision by the Listing Review Committee. On 20 December 2023, the Listing Review Committee upheld the decision of the Listing Committee to cancel the Company's listing. Accordingly, the Exchange will cancel the Company's listing with effect from 9:00 am on 5 January 2024.
The Exchange has requested the Company to publish an announcement on the cancellation of its listing.
The Exchange advises shareholders of the Company who have any queries about the implications of the delisting to obtain appropriate professional advice.
Ends