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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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

On the morning of March 31, Hebei Cement Industry High-quality Development and Peak-staggering Production and Environmental Protection Management and Control Cooperative Work Conference was held in the Provincial Department of Ecology and Environment. Feng Junhui, Director of Atmospheric Department of Provincial Ecological Environment Department, Cao Guangyuan, Director of Motor Vehicle Department, Sun Jianxun, Vice President of Provincial Building Materials Industry Association, Chen Guidong, Du Zhimin, Hu Zengguang and relevant leaders of Provincial Eco logical Environment Department attended the meeting, which focused on optimizing environmental protection management and control of building materials industry and improving peak staggering production mechanism. Cohesion of consensus on development.