ST Owei: The company's stock may be delisted due to the stock price falling below par value.
ST Ovi announced on January 15th that the closing price of the company's stock on January 15th was 0.99 yuan/share; the total market value of the company's stock at the closing was 3.43 billion yuan. The stock has closed at a total market value below 500 million yuan for 10 consecutive trading days. If the closing price of the company's stock is below 1 yuan for 20 consecutive trading days or the total market value is below 5 billion yuan for 20 consecutive trading days, the company's stock will be delisted by the Shenzhen Stock Exchange. Stocks delisted for violating mandatory delisting rules do not enter a delisting consolidation period.
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