Shandong Zhanggu(002598.SZ): The company's stock trading will be subject to other risk warnings. Stock suspension.

2026-04-04 03:48:48

Gelonghui April 3 | Shandong Zhanggu (Rights Protection) (002598.SZ) announced that the company and relevant parties have received an “Administrative Penalty Pre-Notice” issued by the Shandong Regulatory Bureau of the China Securities Regulatory Commission (hereinafter referred to as “Shandong CSRC”), with document number (〔2026〕3).

Pursuant to Article 9.8.1 of the “Rules Governing Stock Listing on the Shenzhen Stock Exchange,” it is provided that: “If a listed company has any of the following circumstances, the Exchange shall impose other risk warnings on its stock trading: (VIII) where, based on the facts stated in the CSRC’s administrative penalty pre-notice, the company’s disclosed annual report financial indicators contain false records, but without triggering the circumstances specified in the first paragraph of Article 9.5.2 of these Rules; the aforementioned financial indicators include operating revenue, total profit, net profit, and the asset or liability line items in the balance sheet,” the Shenzhen Stock Exchange will impose other risk warnings on the company’s stock.

The company’s stock (security abbreviation: Shandong Zhanggu, security code: 002598) and its convertible bonds (bond abbreviation: Zhanggu Convertible Bond, bond code: 127093) will suspend trading for 1 day starting from the market open on April 7, 2026 (Tuesday), and will resume trading starting from the market open on April 8, 2026 (Wednesday). Pursuant to Article 35 of the “Self-Regulatory Guidance No. 15—Convertible Corporate Bonds” of the Shenzhen Stock Exchange, it is provided that: “When a listed company’s stock suspends or resumes trading, its convertible bonds shall simultaneously suspend or resume trading and the conversion business shall be suspended or resumed accordingly.” Therefore, “Zhanggu Convertible Bond” will suspend conversion on April 7, 2026 (Tuesday), and resume conversion on April 8, 2026 (Wednesday).

The company’s stock will be subject to other risk warnings starting from the market open on April 8, 2026 (Wednesday). The stock abbreviation will change from “Shandong Zhanggu” to “ST Zhanggu”; the stock code will remain unchanged as “002598”; and the daily trading price fluctuation limit will be 5%.

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