Oriental Times Media Corporation(002175) on the evening of April 7, the company announced that since the opening of the market on April 11, the delisting risk warning and other risk warnings have been revoked, and the stock abbreviation has been changed from ” Oriental Times Media Corporation(002175) ” to “Oriental Network”. The trading of the company was suspended for one day on April 8 and will be resumed from the opening of the market on April 11.
Previously, Oriental Times Media Corporation(002175) due to negative net assets and uncertainty of sustainable operation ability, was warned of delisting risk and other risks by Shenzhen Stock Exchange. According to the 2021 annual report, the net assets attributable to shareholders of listed companies at the end of Oriental Times Media Corporation(002175) 2021 were 325 million yuan. Meanwhile, ZTE caiguanghua Certified Public Accountants (special general partnership), as the audit institution of Oriental Times Media Corporation(002175) 2021, issued a standard unqualified audit report on the company’s 2021 financial report.
Oriental Times Media Corporation(002175) 2021 achieved operating income of 234 million yuan, with a year-on-year increase of 10.53%; The net profit attributable to shareholders of listed companies was 409 million yuan, a year-on-year increase of 138.08% Oriental Times Media Corporation(002175) introduced that the company completed the restructuring related work in 2021, resolved the delisting risk, focused on the main business, continued to maintain the leading position in the measuring instrument industry, and continued to develop the comprehensive management service business of the industrial park.
In 2021, Oriental Times Media Corporation(002175) successfully implemented judicial reorganization, greatly improved the financial structure, changed from negative to positive net assets, reduced the debt ratio and improved liquidity, and introduced Kexiang high tech, a powerful reorganization investor Oriental Times Media Corporation(002175) said that with the resolution of the debt crisis and the reorganization of investors’ support for the company’s business development, the company will optimize and strengthen its main business and return to a benign and steady development track.
Among them, Oriental Times Media Corporation(002175) continues to maintain its leading position in the measuring tool and measuring instrument industry. In 2021, Oriental Times Media Corporation(002175) the measuring tool sector achieved an operating revenue of 233 million yuan, an increase of 10.36% year-on-year Oriental Times Media Corporation(002175) said that while expanding the market share of the original measuring tools, the company continued to develop and launch new products. The new digital display measuring tool products launched in 2021 have continued to maintain a leading position in technology and achieved great success.
