Reasons for the termination of the listing of CSI credit

The reason why CSI Credit terminated its listing was that CSI Securities applied to withdraw its listing application documents. Therefore, the Shenzhen Stock Exchange also decided to terminate the review of its initial public offering and listing on the Growth Enterprise Market. When an enterprise voluntarily applies for termination or withdrawal of materials, it also shows that the enterprise is not ready for listing, and there may be problems. Listing will bring risk factors to the company, but it does not mean that it will not continue to be listed in the future. Of course, some enterprises think that queuing time is long and the cost of updating financial data is high, so they give up queuing or choose to give up and develop other better financing channels.

The reasons for the company's suspension of listing include: incomplete application documents; The qualification of the issuer or the practice of intermediary institutions is restricted; The information disclosed by the issuer needs further verification; The issuer voluntarily suspends the examination or other reasons that lead to the normal examination. The company intends to terminate its listing in the following three serious situations: being reported by others, which involves equity change, related party transactions, taxation, administrative punishment, patents, etc. , issuers and intermediaries failed to solve or explain the reported problems; The performance of the company to be listed has fallen sharply, which does not meet the issuance conditions; Found the existence of financial fraud.

CSI Credit Enhancement Co., Ltd., referred to as "CSI Credit" for short, is a national comprehensive credit service organization registered in Qianhai, Shenzhen. It is jointly funded by 35 domestic securities companies, insurance companies, Internet companies and government investment platforms. The registered capital is 4.585 billion yuan. Its legal representative is Niu. The business scope of the company includes: credit enhancement; Credit rating, investment in stocks, bonds and financial derivatives; Credit product creation and trading. The establishment and operation management of credit funds; Credit trust management and consultation; Other private investment services related to credit upgrading; Technical service, technical development, technical consultation, technology transfer and technology popularization. Internet data service; Data processing and storage support services; Computer system services; Information system integration service; Information technology consulting service. General business items include: technical service, technical development, technical consultation, technical exchange, technology transfer and technology popularization; Internet data service; Data processing and storage support services; Computer system services; Information system integration service; Information technology consulting service. The company is committed to establishing the infrastructure of credit asset life cycle management through technology-driven development. Based on credit enhancement, through scientific and technological means and professional services, we provide institutional customers with complete credit value chain services such as credit risk management, credit enhancement and credit asset transaction management. Pay attention to the credit service needs of all parties in financial transactions, improve the efficiency of institutional transactions, reduce transaction costs, and effectively resolve credit risks.