65438+The latest audit results disclosed on the website of the China Securities Regulatory Commission on the evening of February 29th showed that Jiangnan Jiajie Elevator Co., Ltd. (hereinafter referred to as "Jiangnan Jiajie") supported by 360 was conditionally approved. Specifically, the CSRC's audit opinions on Jiangnan Jiajie's purchase of assets are as follows: Require the applicant to make supplementary disclosure on whether there have been any major changes in the directors of the underlying assets during the reporting period, require the applicant to make supplementary disclosure on the underlying assets involving litigation and risk management measures, and require independent financial consultants and lawyers to check and express clear opinions. Even so, as the chairman of 360 Group, Zhou started the "Celebration" mode. On the afternoon of February 29, 65438, Zhou released a circle of friends, exposed a photo of himself and his team at the gate of the CSRC, and wrote, "Thanks to our partners, thanks to the team."
On the one hand, 360 was listed in the United States before, but because American investors did not understand the China market, the stock value was seriously low for a long time, which was extremely unfavorable to the business development of 360. Therefore, 360 Company flatly chose to delist from the United States and return to A shares, which is aimed at the long-term development of the enterprise.
On the other hand, the reason why we want to return to domestic listing is that we hope that China netizens can have a better view and a clearer understanding and judgment on the production, operation and development of 360 Company, which will also help boost the 360 share price to create new value after returning to A shares. Therefore, it is very wise for 360 to choose A-share listing.
In short, the reason why 360 chose to withdraw from US stocks and return to domestic A shares after delisting is because the stock value in the United States cannot reflect the actual value of the company, and the domestic market will be more friendly to security companies like 360.