Do you think Jin Zhengda Ecological Engineering Group Co., Ltd. will be delisted?

Jin Zhengda, a leading enterprise in China's fertilizer industry, was established on 1998 and listed on Shenzhen Stock Exchange on 20 10. According to public information, after more than 20 years of development, Jin Zhengda has transformed from a new fertilizer manufacturer to a comprehensive enterprise group specializing in planting services. It is a national key high-tech enterprise, a national innovative enterprise and a national technological innovation demonstration enterprise. The controlling shareholder of the company is Linyi City, and the actual controller is Chairman Wan.

Up to now, Jin Zhengda has participated in or controlled 65,438+080 enterprises, including 65,438+076 consolidated statements. With billions of advance payments, Jin Zhengda looks rich, but the fact is that Jin Zhengda is not? Big? . On June 5438+February 1 1 day, 2020, Jin Zhengda announced that its parent company, Linyi, Jin Zhengda, had received a civil ruling from the People's Court of Linshu County. In view of the fact that Jin Zhengda Holdings can't pay off due debts, its assets are not enough to pay off all debts, but they have the value of reorganization, and Linyi Jin Zhengda Investment Holdings Co., Ltd. went bankrupt and reorganized.

As of the announcement date, Linyi Jin Zhengda held 65,438+065,438+0.65,438+070 million shares of the company, accounting for 34.00% of the total shares of the company, all of which were frozen. The parent company's application for bankruptcy reorganization will not affect the daily production and operation of the company. For three consecutive years, the stock price of financial fraud plummeted by 90%. *ST air traffic belongs to? Protect the interests of all shareholders? . The insiders believe that compared with mandatory delisting, voluntary delisting of listed companies reduces market transaction costs and is more conducive to safeguarding the interests of small and medium investors.

Even if you don't take the initiative to withdraw from the market, *ST Hangtong's delisting of A shares is basically a foregone conclusion. Affected by the operating difficulties and the continuous deterioration of the performance of the subsidiary Smart Shanghai School, the net profit of *ST Hangtong 20 16-20 18 was negative for three consecutive years. 65438128 October, *ST Hangtong also said in the performance forecast that it is expected that the net profit attributable to shareholders of listed companies will continue to lose money in 2020 compared with the same period of last year, and the net profit attributable to shareholders of listed companies will be-1.500 million yuan to-200 million yuan. Therefore, *ST Hangtong has also been warned of the risk of delisting.