The peak of delisting is coming! *ST Chaohua and ST contacted "hit the line" on the same day, and ST Hanggao, *ST Hongtao and other shares locked the face value of the refund

Interface News

2024-06-27 13:39Interface News official account

The full text is 1480 words, and it takes about 5 minutes to read

Highlight the point

01 As the ST sector fell for several days, *ST Chaohua and ST Liaison locked in the par value on the same day, and the stock price was fixed at 0.37 yuan / share.

02 As of June 26, 2024, the closing price of the company's shares has been lower than 1 yuan for 20 consecutive trading days, touching the situation of forced delisting of trading.

03Due to continuous losses and audit problems, the stock prices of *ST Chaohua and ST Liaison have plummeted continuously after being capped and are facing the risk of delisting.

04 At the same time, many companies have been unable to return to the sky, ST hanggao, *ST Hongtao and other share prices are less than 1 yuan, locking the face value and delisting.

05 At present, in addition to the above companies, there are still 9 stocks with a stock price of less than 1 yuan in the ST sector, and the countdown announcements for delisting have been released one after another.

Technical support is provided by Tencent Hybrid Model

Reporter | Shen Wei

As the ST sector has been moving lower for several days, the cap stocks have touched the one-dollar red line more and more frequently.

On the evening of June 26, two more companies locked in the "face value refund". On the same day, ST Contact (002280.SZ) and *ST Chaohua (002288.SZ) fell again, and the stock price was also fixed at 0.37 yuan per share.

After the market, the two companies successively announced that as of June 26, 2024, the closing price of the company's shares was lower than 1 yuan for 20 consecutive trading days, touching the mandatory delisting of trading classes, and the company's shares will be suspended from the opening of the market on June 27, 2024 (Thursday). The Shenzhen Stock Exchange will issue a prior notice to the company of its intention to terminate the listing of its shares within five trading days from the date of suspension of the company's shares.

After wearing the hat, it fell for two consecutive months

According to the data, *ST Chaohua landed in the capital market in 2009, mainly engaged in the research and development, production and sales of high-precision electronic copper foil, various types of copper clad laminates and other electronic substrates and printed circuit boards. From 2022 onwards, *ST Chaohua's performance began to fall into losses, and in 2023, the company achieved operating income of 677 million yuan, a year-on-year decrease of 60.82%; The net profit loss was 538 million yuan, a year-on-year decrease of 60.36%.

At the same time, due to the 2023 financial report, the audit institution issued an audit report that could not express an opinion and an internal control audit report with a negative opinion. *ST Chaohua's annual report was put on a star and hat, and the shares of the controlling shareholder and the actual controller were enforced, and the company and the actual controller have been investigated.

The predecessor of ST Contact, Hangzhou New Century Information Technology Co., Ltd. (hereinafter referred to as New Century), was also listed on the Shenzhen Stock Exchange in 2009. In 2014, Beijing Digital Sky was renamed as Liaison Interactive in the backdoor of New Century Corporation. At that time, the company's main business was the R&D and operation of mobile terminal operating systems, middleware platforms and related applications.

Subsequently, ST Liaison started a crazy cross-border mergers and acquisitions, and successively invested billions of dollars to enter the fields of cross-border e-commerce, smart hardware, cultural media and finance. Then the sequelae of mergers and acquisitions came quickly, and in 2019, the company's revenue was nearly 12.5 billion yuan, and the loss was as high as 3.235 billion yuan. From 2021 to 2023, the company lost 396 million yuan, 936 million yuan and 629 million yuan respectively.

After the release of the 2023 annual report, ST Liaison was hatted for the loss of the last three consecutive fiscal years and the company's annual audit accounting firm issued an unqualified audit opinion on the company's 2023 annual financial report with a paragraph of material uncertainty related to going concern.

As of the end of 2023, ST has current liabilities of 6.254 billion yuan and current assets of 4.043 billion yuan, which is higher than current assets of 2.2 billion yuan, and as of the end of the period, the principal of the company's overdue financial institutions' claims has reached 1.55 billion yuan.

On May 28, the company applied to the court for reorganization and pre-reorganization of the company, but was soon issued a letter of concern by the Shenzhen Stock Exchange, requiring it to explain whether the company had evaded debts through bankruptcy reorganization and damaged the legitimate rights and interests of creditors and small and medium-sized shareholders.

Countdown to the delisting of a number of companies

The interface news reporter noticed that since the beginning of this year, more than 30 A-share companies have touched the par value delisting standard, among them, in addition to Zhengyuan shares (600321. SZ), Zhongyin Cashmere (000982. SZ), all of which are ST shares.

At the same time that ST Liaison and *ST Chaohua announced their delisting, many companies have also been unable to recover.

ST Hanggao (002665.SZ) announced on the evening of June 26 that the closing price of the company's shares was lower than 1 yuan for 19 consecutive trading days, and on June 27, the stock opened down. * ST Hongtao (002325.SZ) as of June 26 has been below 1 yuan for 18 trading days, on June 27, the stock price fell to 0.40 yuan, or will be officially announced "delisting".

Pengdu Agriculture and Animal Husbandry(002505. SZ) and ST Selen (002341.SZ) and ST Changkang (002435.SZ) were previously below RMB 1 for 16 consecutive trading days, and on June 27, the three companies opened with a word on the down limit, and all of them have locked the face value and delisted.

In addition, as of June 26, ST Dehao (002005.SZ) has also been below 1 yuan for 11 consecutive trading days, and the stock price recovered to 1 yuan in early trading on June 27. At present, in addition to the above companies, there are still 9 stocks with a stock price of less than 1 yuan in the ST sector.

On the same day, many companies that have been determined to be delisted issued a countdown announcement for delisting, delisting Tongda, delisting carbon yuan, delisting Garden City announcement, the end of the delisting period, the company's shares will be terminated listing and delisting on July 3, after the termination of listing, the company's shares will be transferred to the national small and medium-sized enterprise share transfer system for listing and transfer.

Xinfang withdrawal and mid-term withdrawal said that the starting date for the company's shares to enter the delisting period is June 6, 2024, and the delisting period is 15 trading days, and the last trading date is expected to be June 27, 2024.

*ST Sansheng announced that the starting date of the company's shares entering the delisting period is June 27, 2024, and the delisting period is 15 trading days, and the last trading date is expected to be July 17, 2024.