The Latest Progress of Tianrui Cement Suspension

2024-07-25 10:56:12

The Company has requested the Listing Review Committee of the Stock Exchange to review the decision of the Listing Division and the decision of the Listing Committee. As at the date of this announcement, the hearing of the Listing Review Committee has not yet been held.

On

22 July, Tianrui Cement announced that the Listing Division of the Stock Exchange had issued instructions for the resumption of trading in the Shares, and that the Listing Committee of the Stock Exchange had recently upheld the decision of the Listing Division to instruct the resumption of trading in the Shares.

The Company has requested the Listing Review Committee of the Stock Exchange to review the decision of the Listing Division and the decision of the Listing Committee. As at the date of this announcement, the hearing of the Listing Review Committee has not yet been held.

It is understood that on April 9, 2024, the Hong Kong stock price of China Tianrui Group Cement Co., Ltd. fluctuated sharply, with a flash crash at the end of the day. The stock price fell from HK $4.92 per share to HK $0.048 per share, a decline of up to 99.3%, and the total market value evaporated by HK $14 billion. On the morning of April 10, China Tianrui Cement announced a short suspension on the Hong Kong Stock Exchange.

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Correlation

The Latest Progress of Tianrui Cement Suspension

The Company has requested the Listing Review Committee of the Stock Exchange to review the decision of the Listing Division and the decision of the Listing Committee. As at the date of this announcement, the hearing of the Listing Review Committee has not yet been held.

2024-07-25 10:56:12

CEMPI

102.01

+1.6 +1.59%

CONCPI

86.65

-0.03 -0.03%

CLKPI

105.00

+2.12 +2.06%

SPPI

41.98

+0.35 +0.84%

MORPI

71.83

0.00 0.00%

Jiangxi Provincial Department of Industry and Information Technology: Implementation Rules for Abolishing Capacity Replacement of Cement and Glass Industry in Jiangxi Province

On October 13, the Office of Industry and Information Technology of Jiangxi Province announced that due to the revision of the policy of capacity replacement in the cement and glass industry by the Ministry of Industry and Information Technology, the Office of Industry and Information Technology of Jiangxi Province decided to abolish the Rules for the Implementation of Capacity Replacement in the Cement and Glass Industry of Jiangxi Province (Gongxin Regulation No.2024) from the date of issuance of the notice, and to abolish the "Rules for the Implementation of Capacity Replacement in the Cement and Glass Industry of Jiangxi Province". The capacity replacement of cement and glass industry in the whole province will be handled in accordance with the relevant policies of the Ministry of Industry and Information Technology in the future.