In late March, with the disclosure of annual reports, some A-share listed companies began to face the test of “life and death”.
According to the statistics of zhongzhengjun, at present, some ST companies have achieved financial improvement or debt restructuring, and announced to “take off their hats” and “pick stars”; But some companies have reached the brink of delisting.
several companies announced “taking off stars and hats”
On Friday, the abbreviation of ” Shenyang Commercial City Co.Ltd(600306) ” securities was changed to “St mall”, which officially cancelled the delisting risk warning and continued to implement other risk warnings, temporarily getting rid of the delisting crisis.
Source: company announcement
According to the announcement disclosed by the company on March 10, the financial report of the company in 2021 was audited by Dahua certified public accountants and issued an unqualified audit report containing opinions on the paragraphs with significant uncertainties of continuous operation.
On March 24, Hubei Shuanghuan Science And Technology Stock Co.Ltd(000707) announced that the trading of the company’s shares was suspended for one day on March 25 and resumed from the opening of the market on March 28. Since the opening of the market on March 28, the company has revoked the delisting risk warning and other risk warnings, and the stock abbreviation has been changed from ” Hubei Shuanghuan Science And Technology Stock Co.Ltd(000707) ” to “Shuanghuan technology”.
Source: announcement of listed companies
St chaoxun announced on the same day that other risk warnings will be revoked from March 28. After the revocation of other risk warnings, the daily rise and fall of stock prices will be limited to 10%.
Source: company announcement
From the perspective of stock price trend, Shenyang Commercial City Co.Ltd(600306) , Hubei Shuanghuan Science And Technology Stock Co.Ltd(000707) , St chaoxun showed a continuous upward trend from the submission of star and hat removal application in the announcement to the suspension.
However, on the first day of Shenyang Commercial City Co.Ltd(600306) winning the star, the share price plunged 4.48%, close to the limit. Analysts warned that investors must pay attention to relevant risks when participating in off hat Star stock investment.
In addition to the above-mentioned companies, many companies have applied for taking off their hats and stars.
On March 22, Zhejiang Meorient Commerce & Exhibition Inc(300795) announced that it had applied to Shenzhen Stock Exchange to cancel the delisting risk warning on the company’s stock trading. On March 25th, investors warned that the company’s delisting risk would be eliminated due to the successful implementation of the reorganization of the platform.
In addition, on the evening of January 28, Bus Online Co.Ltd(002188) released the annual report of 2021 and disclosed the announcement on applying for cancellation of delisting risk warning and other risk warnings.
multiple shares hit the delisting red line
At the same time, many companies have touched the delisting red line. Some of these companies have entered the delisting process, and some are waiting for the final decision of regulators.
On March 22, Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) announced that it had received the decision of Shanghai Stock Exchange to terminate the listing of the company’s shares. The company was forced to delist due to major violations of the Shanghai stock exchange due to financial fraud, becoming the first A-share delisting company in 2022.
Source: company announcement
Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) shares enter the delisting consolidation period. The starting date of trading is March 30, 2022, and the delisting consolidation period is 15 trading days. The final trading date is expected to be April 21, 2022. There is no price increase limit on the first trading day, and the daily increase and decrease limit is 10% thereafter.
After Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) , Xin Jiang Ready Health Industry Co.Ltd(600090) is likely to face the same outcome. On March 25, Xin Jiang Ready Health Industry Co.Ltd(600090) issued the 22nd risk warning announcement on the termination of the listing of the company’s shares that may involve major illegal compulsory delisting.
In October 2021, Xin Jiang Ready Health Industry Co.Ltd(600090) disclosed that it had received the notice of administrative punishment and market prohibition from the CSRC. If the facts identified in the subsequent administrative punishment decision of the CSRC are the same as those in the prior notice, the company will touch a major illegal compulsory delisting.
Source: company announcement
Great Wall International Acg Co.Ltd(000835) 3 announced on March 24 that the company’s shares touched the terms of termination of listing on the Shenzhen Stock Exchange and were suspended from the opening of the market on March 25. According to the annual report, Great Wall International Acg Co.Ltd(000835) 2021 has negative net assets and negative net profit. The type of financial report that cannot be issued is 2021.
In addition to the ‘ Chunghsin Technology Group Co.Ltd(603996) 14companies including Northeast Electric Development Company Limited(000585) , Huaxun Fangzhou Co.Ltd(000687) , Boomsense Technology Co.Ltd(300312) , Tempus Global Business Service Group Holding Ltd(300178) , Zhengzhou Sino-Crystal Diamond Co.Ltd(300064) and others have issued risk warning announcements that their shares can be delisted, which may be forced to delist due to financial delisting indicators.
In addition to companies that touch financial delisting indicators, the risk of “1 yuan delisting” should not be underestimated.
On March 25, Egls Co.Ltd(002619) fell the limit for the fourth consecutive day, and the share price closed at 0.68 yuan. The data show that this is the 16th consecutive trading day of the company’s shares, and the closing price is less than 1 yuan. In the next four trading days, even if the company continued to rise the limit, the closing price could not return to more than 1 yuan.
According to the data, as of the closing on March 25, there were 24 stocks with a share price of less than 1.5 yuan and in trading status.
