Aidi Palace (00286): Shares will be delisted from October 13

Zhitong Finance App News, Aidi Palace (00286) issued an announcement. On September 25, 2026, the company received a letter from the Stock Exchange stating that the Stock Exchange Listing Committee decided to delist the company in accordance with section 6.01A (1) of the Listing Rules. The reason was that the company had failed to properly comply with the resumption guidelines as of the deadline and until the date of the above letter, and the company's request to extend the deadline was rejected because the Listing Committee believed that the company was not entitled to an extension in accordance with the provisions of paragraphs 22 and 23 of the Guidance Letter (GL95-18).

The last date for the stock listing will be October 12, 2026, and the shares will be delisted starting at 9:00 a.m. on October 13, 2026.

The company will not apply for review of delisting decisions made by the Listing Committee.

The Group's cash balance is limited, which seriously hampers the Group's compliance with the resumption of trading guidelines. The Group has been seeking ways to increase working capital, but no results have been achieved as of the date of this announcement.

Furthermore, the Group notes that Shenzhen Aidi Palace is still in operation. However, the Group was unable to verify its operating details and financial status because the Group was unable to obtain such information before actual control of Shenzhen Aidi Palace was handed over to the Group in accordance with the above arbitration award and court ruling.