Shenzhen Stock Exchange Halts Listing of Wanfang Urban Investment Stock After Market Cap Falls Below 500M Yuan

GateNews
According to a Shenzhen Stock Exchange announcement on May 25, Wanfang Urban Investment Development Co., Ltd. (Wanfang) triggered mandatory delisting after its stock closed with a total market capitalization below 500 million yuan for 20 consecutive trading days between March 16 and April 13. The exchange decided to terminate the company's listing effective immediately, with delisting from the exchange to occur within 15 trading days. The stock will not enter the delisting reorganization period.
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