Storm Group suddenly withdrew from the market. Why does it have no place now?

Storm Group, which once dominated A shares by its own efforts, is now in its twilight years. In that year, 37 daily limit boards were harvested in just 40 trading days, breaking the daily limit record of A shares. At that time, the stock price reached 327 yuan. But now, the company has been delisted from the market. Why is there no place to put it now? What did it do to get this result?

First, you will be beaten if you fall behind.

For the post-7080 s and even the post-90 s, Storm Video is the player who has been with them for the longest time. Before iQiyi and Tencent, Storm Video was a software of conscience, and you could have fun without paying membership fees. However, since Tudou and Youku joined forces to become new products, and after the pursuit of iQiyi and Tencent in the later period, the income of Storm Video has been decreasing. If the business model is not changed, the result will eventually be completely marginalized.

Two. Overseas M&A activities

Now the market still believes that the dismal delisting of large enterprises like Storm Group is closely related to that merger. You know, for an enterprise, acquisition or merger is not a trivial matter. 20 16, in order to enter the fiery sports industry, the spearhead is directed at parliamentarians. 2065438+February 2006, Storm and Everbright invested 200 million yuan and 60 million yuan respectively to set up immersion funds, attracting 5 billion yuan to buy 65% shares in MPS. MPS exploded shortly after it was acquired, and there was a business crisis. 20 18, 10, went into bankruptcy liquidation. The bankruptcy liquidation of MPS made it impossible for the Baptist Fund to withdraw as planned when the investment period expired, and then Storm encountered a series of lawsuits from financial institutions.

3. Feng Xin's bribery case

In this M&A incident, many financial institutions were linked together, and the bribery incident of Feng Xin, the founder of Storm, was also involved. How easy is it to use 260 million to incite 5 billion? This gamble made Storm Group sink collectively.

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