The reason for the termination of listing of CSI Credit was that CSI Securities applied to withdraw the issuance and listing application documents. Therefore, the Shenzhen Stock Exchange also decided to terminate its review of initial public offerings and GEM listings. When a company actively applies for termination or withdraws materials, it also means that the company is not ready to go public 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 companies believe that the queue time is long and the cost of updating financial data is high, so they give up the queue, or choose to give up and develop other better financing channels.
The reasons for a company to suspend listing include: application documents are incomplete; the issuer’s qualifications or the intermediary’s practice are restricted; the information disclosed by the issuer requires further verification; the issuer voluntarily suspends the review or other causes of normal review Reason for work. The company plans to terminate the listing of the company under the following three serious circumstances: it is reported by others, the report involves equity changes, related transactions, taxation, administrative penalties, patents, etc., and the issuer and intermediaries fail to solve or explain the reported problems; The performance of listed companies has declined sharply and does not meet the issuance conditions; financial fraud has been discovered.
China Securities Credit Investment Co., Ltd., referred to as "China Securities Credit Investment", is jointly funded by 35 domestic securities companies, insurance companies, Internet companies and government investment platforms ***, and is registered in Qianhai, Shenzhen A national comprehensive credit service agency established. The registered capital is 4.585 billion yuan. Its legal representative is Niu Guanxing. The company's business scope includes: credit enhancement; credit rating, equity, bond and financial derivatives investment; credit product creation and trading; establishment and operation management of credit funds; credit trust management and consulting; other private investment services related to credit upgrade ;Technical services, technology development, technology consulting, technology transfer, and technology promotion. Internet data services; data processing and storage support services; computer system services; information system integration services; information technology consulting services. General business projects include: technical services, technology development, technology consulting, technology exchange, technology transfer, and technology promotion; Internet data services; data processing and storage support services; computer system services; information system integration services; and information technology consulting services. The company is committed to building an infrastructure that serves the full life cycle management of credit assets through technology-driven development. Based on credit enhancement, through 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 institutional transaction efficiency, reduce transaction costs, and effectively resolve credit risks.