After the bankruptcy of Xu Dong Group, what will happen to its listed companies?
After the bankruptcy of Xu Dong Group, Xu Dong Optoelectronics, Xu Dong Lantian and Jialinjie, as listed companies, continue to operate normally and will not be affected. Xu Dong Group Co., Ltd. (formerly Hebei Xu Dong Investment Group Co., Ltd.) was established in 2004, located in Shijiazhuang City, Hebei Province, and is a wholesale-oriented enterprise. Xu Dong Group owns three listed companies: Xu Dong Optoelectronics, Xu Dong Blue Sky and Jialinjie. Xu Dong attaches great importance to the return on investment and actively practices it. In addition to insisting on giving shareholders a good performance return, investors also have more institutional guarantees.