Can Ba Long Group improve this year?

Unlikely.

Due to the bankruptcy of Baron Group, Qingnong Commercial Bank announced on August 15 that Baron International Construction Group Co., Ltd. was frozen by the judiciary on August 12, 2022, with 654.38+75 million shares, accounting for 3 15% of the company's total shares.

On August 2, 2022, shareholder Ba Long International Group Co., Ltd. held 225 million shares to be frozen, accounting for 4.05% of the total shares of the company. As of August 12, 2022, the shares held by the above shareholders have been frozen 1.75 1 billion shares, marked as 224.9 million shares, accounting for 7.20% of the total share capital.