ZHEJIANG GUANGSHA CO.,LTD (600052)

Special Treatment Removed by SSE

On 12 Jun Zhejiang Guangsha Co. Ltd (600052) announced that the Shanghai Securities Exchange had removed the risk of delisting warning and other special treatment of its stock. Beginning from 13 Jun, the company's ticker symbol will be changed to Zhejiang Guangsha and the statutory 10% intraday limit on its stock price will be reinstated.

As the company suffered losses in two consecutive years in 2005 and 2006, according to relevant regulations, special treatment of a delisting warning was imposed on the stock on 24 Apr 2007. In 2007 the company turned losses into gains.


Source: Economic Reference Daily

Date: 13 Jun 2008

CN01/MZ/BT/WH


Copyright NewsnChina 2008