△ Screenshot of the official website of the Shanghai Stock Exchange
On November 3, the Shanghai Stock Exchange announced that it decided to suspend the listing of Ant Technology Group Co., Ltd. on the Science and Technology Innovation Board. The full text is as follows:
Ant Technology Group Co., Ltd.:
Your company originally applied for listing on the Science and Technology Innovation Board of the Shanghai Stock Exchange (hereinafter referred to as the Exchange) on November 5, 2020.
Recently, it happened that your company’s actual controller, chairman and general manager were jointly conducted supervision interviews by relevant departments, and your company also reported major issues such as changes in the financial technology regulatory environment.
This major event may cause your company to fail to meet the issuance and listing conditions or information disclosure requirements.
In accordance with Article 26 of the "Administrative Measures for the Registration and Administration of Initial Public Offerings on the Science and Technology Innovation Board (Trial)" and Article 60 of the "Shanghai Stock Exchange Rules for the Review of Stock Issuance and Listing", and soliciting the opinions of sponsors, the Exchange has decided Your company is suspended from listing.
Your company and the sponsor shall make an announcement in accordance with the regulations, explaining the relevant circumstances of major issues and your company's suspension of listing.
The firm will maintain communication with your company and sponsors.
Shanghai Stock Exchange
November 3, 2020