Just one day after delisting stocks plummeted by 72%, another person may suffer this bad luck.
More than 20000 investors were miserable. Just now, Chunghsin Technology Group Co.Ltd(603996) , Xinjiang La Chapelle Fashion Co.Ltd(603157) two companies announced that they were going to be delisted. The Exchange announced that the two companies were going to be delisted! Just wait for the official announcement of the decision.
The trading of the two stocks has also been suspended since March 31. By the end of September last year, the number of Chunghsin Technology Group Co.Ltd(603996) , Xinjiang La Chapelle Fashion Co.Ltd(603157) shareholders was 12100 and 12000 respectively.
The delisted shares resumed trading on March 30, delisted by new billion, collapsed at the opening and plummeted by 72%, setting a 30-year record for a shares.
Let's see what's going on.
just now, delisting Xinyi resumed trading rarely, plummeting 72.82%
An unprecedented situation in the history of a shares, a stock suddenly plummeted by more than 70%. Due to the rise and fall restrictions of a shares, only a few cases, such as listing and re listing on the first day of the registration system, and delisting and resumption of trading shares such as Xinyi, will release the rise and fall restrictions.
The sharp drop of more than 70% in one day is a 30-year historical record of a shares. Today, the delisting of new 100 million yuan entered the delisting consolidation period. On the first day of trading, it plunged by more than 71% and closed down 72.82% to 0.28 yuan, leaving only 418 million yuan in the market value.
Delisting Xinyi was forcibly delisted by the Shanghai Stock Exchange in violation of major laws due to financial fraud. The company's shares entered the delisting consolidation period on March 30, 2022 and are expected to be delisted after April 21, 2022.
By the end of the third quarter of last year, 24100 shareholders had delisted.
Chunghsin Technology Group Co.Ltd(603996) was announced to be delisted:
consecutive years of losses, insolvent, continuous word limit
On March 30, Chunghsin Technology Group Co.Ltd(603996) announced that the company had suffered losses for consecutive years, its revenue was less than 100 million yuan, its assets were insolvent and its net assets were negative, which had triggered delisting. The exchange also announced that it would make a delisting decision in accordance with the regulations.
The Shanghai Stock Exchange said that according to article 9.3.11 of the stock listing rules of the exchange, your company's shares have reached the conditions for termination of listing. The exchange will decide to terminate the listing of your company's shares in accordance with article 9.3.14 of the stock listing rules.
Chunghsin Technology Group Co.Ltd(603996) said that the net profit of the company in 2020 was negative, the operating income was less than 100 million yuan, the net assets at the end of the period was negative, the financial and accounting report was issued with an audit report that could not express an opinion, and the delisting risk warning of the company's shares had been implemented.
Then, in the 2021 annual report, the net profit is still negative, the operating income is less than 100 million yuan, and the net assets at the end of the period are still negative. Meanwhile, the financial statements of 2021 continue to be issued with non-standard audit opinions. The company's shares touch the situation of termination of listing (delisting).
Chunghsin Technology Group Co.Ltd(603996) said that the trading of the company's shares is expected to be suspended from Thursday, March 31, 2022, and the listing of the company's shares may be terminated by the Shanghai Stock Exchange.
In fact, Chunghsin Technology Group Co.Ltd(603996) 's share price has plummeted in advance, and recently it has fallen by the limit.
The announcement said that the Shanghai Stock Exchange will make a decision on whether to terminate the listing of the company's shares within 15 trading days after the company discloses the 2021 annual report (March 31).
After the Shanghai Stock Exchange has made a compulsory decision to terminate the listing of the company's shares, the trading of the company's shares shall resume on the next trading day after the expiration of five trading days after the announcement of the decision to terminate the listing, enter the delisting consolidation period, and be marked with "delisting" in front of the stock abbreviation. The trading period of delisting consolidation period is 15 trading days.
Xinjiang La Chapelle Fashion Co.Ltd(603157) was also notified by the exchange that it plans to delist
The exchange also directly announced to Xinjiang La Chapelle Fashion Co.Ltd(603157) that it intends to be delisted.
The announcement said that Xinjiang La Chapelle Fashion Co.Ltd(603157) company's shares have touched the conditions for termination of listing. The Shanghai Stock Exchange will make a decision to terminate the listing of the company's shares in accordance with relevant regulations.
The Shanghai Stock Exchange said that on March 30, 2022, your company disclosed the 2021 annual report. The annual report shows that the audited ending net assets of the company in 2021 are negative, and the financial and accounting report has been issued with qualified audit report. This triggered delisting.
Xinjiang La Chapelle Fashion Co.Ltd(603157) also said that due to the negative net assets in 2020, the delisting risk warning of the company's A-share shares has been implemented by the Shanghai Stock Exchange and has not been eliminated yet. The audited net assets in the financial accounting report of 2021 are still negative, and the audit report with qualified opinion is issued by Dahua Certified Public Accountants (special general partnership).
According to relevant regulations, the Shanghai Stock Exchange will suspend the trading of the company's A-share shares from the date of disclosure of the company's 2021 annual report, and make a decision on whether to terminate the listing of the company's shares within 15 trading days after the starting date of the suspension of the company's shares.
The trading of A-Shares of the company will be suspended from Thursday, March 31, 2022.
netizen fryer: 70% drop in successor, loss of more than 400000
let me out and never buy st again
The tragic situation is here. Suddenly, two stocks were announced to be delisted, and netizens in the investment community have fried the pot. Some netizens said they had lost more than 400000 yuan, and some netizens said, "let me out and never buy ST shares again".
Some netizens also realized that it may be the same as delisting Xinyi, saying it will be (down) - 70% successor; Become slag, just one word, miserable!
