Upon application, the company's stock securities abbreviation: Jidong Cement, stock code: 00040 1, and the company's convertible corporate bonds abbreviation: Jidong Convertible Bond, with bond code: 127025, which was suspended from the opening of the market on 2021+065438+1October 26th. Since then, the company's stock has entered the stages of cash option distribution, exercise declaration, exercise clearing and settlement, and resumed trading after the cash option declaration period ended and the relevant information disclosure obligations were fulfilled. Please pay attention to investors.
1. Stock suspension refers to the suspension of trading of listed companies or stocks for some reason. After the stock is suspended, it cannot be bought or sold. Reasons for suspension of trading of listed companies in case of major events such as changes in equity, merger and acquisition. When a listed company releases important information such as shareholders' meeting, annual report and interim report. When the stock fluctuates abnormally, when the stock rises or falls to a certain value for several consecutive trading days, it is considered as abnormal fluctuation. The Exchange will require the listed company to suspend trading, require the listed company to issue explanatory announcements and other circumstances identified by the regulatory authorities. Stock suspension means that the stock price continues to rise or fall due to certain news or activities, and the stock exchange suspends its trading in the stock market. After the situation is ascertained or the enterprise returns to normal, it will resume listing. The stock suspension of listed companies is a necessary measure for the stock exchange to supervise and restrain the behavior of listed companies in order to safeguard the interests of investors and the fairness and justice of market information disclosure.
2. Technical suspension measures; A stock exchange may decide to suspend trading due to an emergency of force majeure or to maintain the normal order of securities trading. Generally speaking, the reasons for stock suspension are as follows: when listed companies have important information to release, such as releasing annual reports and interim results reports, convening shareholders' meetings, increasing capital and shares, releasing distribution plans, major mergers and acquisitions, investment and equity changes, etc.; When the securities regulatory agency believes that the listed company must clarify and announce matters that have a significant impact on the company; When a listed company is suspected of violating the rules and needs to be investigated, the suspension period shall be determined according to the situation. According to the trading rules of Shanghai Stock Exchange, "If there are abnormal fluctuations in the trading of stocks and closed-end funds, the exchange may decide to suspend the trading until the morning of the trading day of the relevant parties 10: 30. Announcement. According to the needs of market development, the exchange may adjust the resumption time of suspended securities.
3. The trading rules of Shanghai Stock Exchange list four situations: within three consecutive trading days, the deviation of daily closing price reaches 20%; The deviation of daily closing prices of ST shares and *ST shares for three consecutive trading days reached15%; The ratio of the average daily turnover rate of three consecutive trading days to the average daily turnover rate of the previous five trading days is 30 times, and the cumulative turnover rate of stocks and closed-end funds for three consecutive trading days is 20%; Other circumstances considered by the Exchange or China Securities Regulatory Commission as abnormal fluctuations. According to the regulations of Shenzhen Stock Exchange, if a listed company has one of the following circumstances, the exchange may report to the competent department to suspend the trading of the listed company: when the accumulated losses of the company reach half of the paid-in capital. When the company's assets are insufficient to pay off debts. Our bank refunds or refuses to trade for economic reasons. The total number of registered shares held by all directors, supervisors and managers is less than the number stipulated by the Exchange, and the relevant information is found to be untrue, and the Exchange requires listed companies to explain it but fails to do so within the time limit. Directors and shareholders violate laws, regulations or articles of association when performing company affairs, which is enough to affect the normal operation of the company, resulting in major difficulties or major damage to the company's business activities.