Shandong Chenming Paper (01812) A shares and B shares stocks have been subjected to other risk warnings.
Chenming Paper (01812) announced that as of the date of this announcement, the company's Huanggang base is operating normally, while the Shouguang base is partially operating...
Shandong Chenming Paper (01812) announced that as of the date of this announcement, the Huanggang base of the company is operating normally, and some production lines at the Shouguang base have resumed production. The restored production capacity accounts for 23.23%, while other production bases are undergoing maintenance. Due to the fact that the company's production bases have been under maintenance for more than 3 months and widespread production recovery is not expected within the next 3 months, the company's A shares and B shares have triggered other risk warning situations according to the provisions of Article 9.8.1(5) of the Shenzhen Stock Exchange Rules for the Listing of Stocks.
According to Article 9.1.5 of the Shenzhen Stock Exchange Rules for the Listing of Stocks, the trading of the company's A shares and B shares will be suspended for one day on February 20, 2025, and trading will resume on February 21, 2025, with other risk warnings implemented. After the implementation of other risk warnings, the securities abbreviation for A shares will be changed from "Shandong Chenming Paper" to "ST Chenming", with the securities code as "000488"; and the securities abbreviation for B shares will be changed from "Chenming B" to "ST Chenming B", with the securities code as "200488". The daily trading limit for the company's A shares and B shares will be changed from 10% to 5%.
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