Tianlong Optoelectronics will be suspended due to loss for two consecutive years
Tianlong Optoelectronics announced on the evening of November 14 that due to the company's losses for the two consecutive years in 2015 and 2016, according to Article 13.1.1(1) of the “Shenzhen Stock Exchange GEM Listing Rules (2014 Revision)†It is stipulated that “the listed company has suffered consecutive losses in the last three years (based on the audited net profit of the year disclosed in the annual financial accounting report for the last three years). We may decide to suspend the listing of its shares.†If the company’s 2017 annual audit report is finalized For losses, the company's stock may be suspended from the company's 2017 annual report disclosure.
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