Why is Zhongtong Guomai st?

The loss is serious. According to the regulations of the CSRC, when the company loses money for two consecutive years or its net assets are lower than the par value of the stock, it will add "ST" before the stock name, indicating "special treatment", and the daily increase and decrease shall not exceed 5%, which is used to warn investors to pay attention to investment risks. Zhongtong Guomai Communication Co., Ltd., established in 1947, is a state-owned enterprise with a history of 70 years.