兴业新材料：二零一九年年度报告.PDF

(Incorporated in the Bermuda with limited liability) 2019 ANNUAL REPORT CHARACTERISTICS OF GEM OF THE STOCK 香港聯合交易所有限公司（「聯 EXCHANGE OF HONG KONG LIMITED (THE 交所」）GEM 的特色 “STOCK EXCHANGE”) GEM has been positioned as a market designed to accommodate GEM 的定位，乃為中小型公司提供一個上 small and mid-sized companies to which a higher investment risk 市的市場，此等公司相比起其他在主板上 may be attached than other companies listed on the Stock Exchange. 市的公司帶有較高投資風險。有意投資的 Prospective investors should be aware of the potential risks of investing 人士應了解投資於該等公司的潛在風險， in such companies and should make the decision to invest only after 並應經過審慎周詳的考慮後方可作出投資 due and careful consideration. 決定。 Given that the companies listed on GEM are generally small and mid- 由於GEM 上市公司普遍為中小型公司，在 sized companies, there is a risk that securities traded on GEM may GEM 買賣的證券可能會較於主板買賣之證 be more susceptible to high market volatility than securities traded on 券承受較大的市場波動風險，同時無法 the Main Board and no assurance is given that there will be a liquid 保證在GEM 買賣的證券會有高流通量的市 market in the securities traded on GEM. 場。 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this report, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any