Class T companies refer to listed companies with newly added s T shares.
Explain the reasons why the shares of listed companies are ST (mainly listed companies with abnormal financial conditions or other circumstances):
1) The audit results of the last two fiscal years show that the net profit is negative, that is to say, listed companies have suffered losses for two consecutive years or their net assets per share are lower than the par value of shares, which should be treated specially.
(2) The audit results of the latest fiscal year show that the shareholders' equity is lower than the registered capital. In other words, if a listed company loses money for two consecutive years or its net assets per share are lower than the par value of the stock, it should be treated specially.
(3) A certified public accountant has issued an audit report on the property report of the most recent fiscal year, which cannot express opinions or negative opinions.
(4) The audited shareholders' rights and interests in the latest fiscal year, after deducting the part that has not been confirmed by certified public accountants and relevant departments, is less than the registered capital.