Hainan Coconut Island: The company's stock will be suspended for one day on April 30, 2025.

date
30/04/2025
Announcement of Hainan Coconut Island: The company's net profit for the fiscal year 2024, after deducting non-recurring gains and losses, is negative, and the operating income after deducting business income unrelated to the main business and income without commercial substance is less than 3 billion yuan. The internal control audit of the company for the fiscal year 2024 received a disclaimer, which violates Article 9.8.1 of the Rules of the Shanghai Stock Exchange. The company's stock will be suspended for one day on April 30, 2025, and a delisting risk warning will be implemented from May 6, 2025, with a daily price limit of 5%. Due to the company's net profit being negative for the past three consecutive fiscal years after deducting non-recurring gains and losses, and the uncertainty of the company's continued operation as shown in the audit report of the most recent fiscal year, the company's stock will be subject to other risk warnings. The company's stock abbreviation will be changed from "Hainan Coconut Island" to "* ST Coconut Island."