1, delisting risk warning is a system in China A-share market. In order to protect the legitimate rights and interests of investors and reduce market risks, on April 2 and April 3, 2003, the Shanghai Stock Exchange and the Shenzhen Stock Exchange issued the Notice on Strengthening the Delisting Risk Warning for Companies with Stock Delisting Risk, and implemented "Special Handling of Stock Delisting Risk Warning" for companies with Stock Delisting Risk, referred to as "Delisting Risk Warning". The specific measure is to add "*ST" before the abbreviation of the company's stock to distinguish it from other companies' stocks. During the warning period of delisting risk, the daily fluctuation of stock quotation is limited to 5%.

2. Stocks with delisting risk warning shall be suspended for one day from the date of announcement. After the resumption of trading, there will be *ST in front of the stock name, which can be traded normally, but the daily fluctuation range is limited to 5%, and the holder can choose to sell or not, because the stocks that have been warned of delisting risks may also turn losses into profits, and the stock price will rise and the stars will be picked up.

Tips:

① The above information is for reference only and does not constitute any investment advice. Investors should not substitute such information for their independent judgment or make decisions only based on such information, and such information does not constitute any trading operation.

Investors should fully understand the investment risks, invest cautiously, fully understand and clearly understand the risks contained in investment products, participate in transactions independently through their own judgments, and voluntarily bear relevant risks.

Reply time: 202 1- 12-06. Please refer to the latest business changes announced by Ping An Bank in official website.