The year is approaching, especially the continuous losses may be "wearing stars and hats", and the risk of delisting of listed companies suddenly increases.
As a result, ST Qiu Hui, *ST Ji Shen, Baoxin Technology and many other companies played a capital game of 1 yuan to sell money to loss-making companies. 1 yuan seems to be losing money, but it will actually make tens of millions or even hundreds of millions of yuan.
Secret: 1 yuan is intended to improve the company's performance.
The reason why companies with 1 yuan sell assets at the end of the year is mostly because 20 17 is coming to an end, and protecting the shell and avoiding "wearing a hat" have become problems that A-share listed companies have to face. Under the background of strong supervision this year, the value of shell has depreciated, and it is more difficult for ST company to "turn over" by selling shells. In addition, most of the assets sold by listed companies are loss-making assets, which means that their losses are no longer consolidated. Judging from the annual report, the performance of listed companies can be greatly improved.
Behind the dramatic transaction of "1 yuan selling company", there may be all kinds of helplessness and interest disputes. "1 yuan" is just a formality. For buyers, what 1 yuan buys may be a big opportunity or a big burden. Taking over the company is taking over the creditor's rights and debts. Of course, if it is a company with serious losses, it may only have debts and no creditor's rights. At the same time, the next home without two brushes dare not pick up such a hot potato.
For retail investors in the secondary market, it is necessary to pay attention to such companies that sell assets. Companies that vigorously divest loss-making assets are likely to have something to watch: after divestiture, if the company's performance can usher in an inflection point, its share price may show; However, if the company's main business is not good, it needs to be highly vigilant and barely support the profitability of the report by selling non-performing assets.
At the same time, the surprise sale of assets by listed companies at the end of the year was also strictly investigated by the regulatory authorities, and many companies received "lightning" inquiries from the exchange after the announcement was issued. The focus of the inquiry is whether there is a motive to "protect the shell" through asset disposal and the fairness of asset pricing. Chang Depeng, spokesman of China Securities Regulatory Commission, said in June this year 1 1 that the supervision of year-end surprise profit adjustment of listed companies will be strengthened, and the Exchange will focus on the year-end profit adjustment behavior of listed companies. At the same time, the securities regulatory department will conduct on-site inspections as appropriate. How much is industrial and commercial registration? Looking for Mande enterprise service, the company is safe and efficient, and the tax consultant is professional. Mande enterprise service is a one-stop service expert.