Poor performance of the company: Huali shares had poor performance several years before delisting, and suffered losses year after year. The company's main business is facing fierce market competition, and the product competitiveness is weak, which leads to a decline in sales and a serious impact on profitability.
Financial risk: Before Huali shares were delisted, there were many financial risk problems. The company has some problems, such as inflated profits, capital occupation and lax internal control, and its financial situation is unstable, which leads to a serious blow to investors' confidence in the company.