Happy the rumour that inspects a net to retreat city passed for a long time, still capital is in bold buy.
On April 9, the happy closing quotation that inspect a net signs up for 2.67 yuan / , relatively go up to trade sun rises 0.75% , clinch a deal that day the forehead achieves 427 million yuan.
Be in early March 2018, happy inspect a net 2 partner be in harmony is achieved steer a boat Ren Le of demit of person grandson Hong Bin inspects network president when, gave out to judge: Happy inspect a net to there are 3 outlets only now: The first it is to go bankrupt reforming, the 2nd it is to sell asset repay a debt, the 3rd it is to retreat city, no matter be,take these 3 routes any a kind, share price wants to maintain in better price is very bad.
From 2018 up to now, happy inspected a net to experience net assets to turn exceed the time limit of debt of negative, a huge sum, be labelled to break his promise to be carried out asset Le Rong sends person, core to give watch, asset and account newly to be frozen... asset sells repay a debt below this one setting extremely difficult already, as to go bankrupt recombine, zhang Wei of the happy general manager that inspect a net expresses clearly on the shareholder plenary meeting that held on April 9, appear on the market at present the company carries out debt to recombine without exact plan, visible is, happy inspect a net to chase after the debt that incurs generation of related in the past exchange to large stockholder a few without progress.
The happy Dong Bi that inspect a net puts the introduction on the shareholder plenary meeting on April 9 on the ice in vain, "We do not have method to give out clear (retreat city) schedule, this thing is to still won't happen necessarily necessarily, we are warning investor all the time the corresponding risk of this one item. To this thing we do not do what did not come to anticipate. To this thing we do not do what did not come to anticipate..
Although happy inspect net tall canal not to wish to make schedule anticipate to retreating city matters concerned, but calculate according to exchange regulation, if happy inspect a net to satisfy corresponding requirement, the fastest likelihood will be appeared on the market by time-out 2019, was carried out to stop by bourse 2020 appear on the market.
Specific and character, the happy likelihood that inspect a net sparks because of two kinds of case time-out appears on the market. The happy Dong Bi that inspect a net puts the introduction on the ice in vain, "Happy in the 2018 annals that if be released this year,inspects a net, body reveals net assets to be negative, or (annals) by successive (by audit orgnaization) publish cannot express an opinion, accord with card inspect to meet or bourse is corresponding and regular, accord with time-out to appear on the market conditional word, bourse has authority to be opposite happy inspect a net to undertake suspensive appearing on the market handling. Bourse has authority to be opposite happy inspect a net to undertake suspensive appearing on the market handling..
"According to bourse appear on the market regular, if happy after inspecting a net to be in one year, or longer time place accords with the standard that removes city, so happy inspect a net to will be carried out to retreat city processing by bourse. " Bai Bing says.
Bring about the decisive factor that time-out appears on the market, will as happy on April 26 inspect a net to annals was released 2018 and reveal truth.
Two kinds of case are brought about happy inspect a net " time-out appears on the market "
2019 happy inspect a net, what big probability needs to be faced with is the first phase of the respond to a curtain call that retreat city: Be appeared on the market by time-out.
Shenzhen stock exchange " do poineering work board the stock appears on the market regular (edited in November 2018) " thirteenth chapter " time-out, restore, stop appear on the market " the first " time-out appears on the market " make clear 13 case that listed time-out appears on the market the 13.1.1st times, should appear on the market only the company appears one of these case, bourse can decide to suspend its stock appearing on the market.
Do poineering work board the stock appears on the market regular (edited in November 2018) " 13 case that 13.1.1 listed time-out appear on the market
In these 13 case (3) for: The financial accounting report of a year shows when audit of annual end classics net assets is negative; recently (5) for: The financial accounting report of two year all is registered recently accountant issue the audit that deny or cannot express an opinion to report. Happy inspect a net for many times to hint risk be appearinged on the market by time-out, because,basically be these two case.
The financial accounting report of a year shows 1. to be when net assets of audit of annual end classics recently negative
As a result of happy inspect a net to be in when half annals was released 2018, appeared net assets is negative situation, if net assets is after annual classics audit,lose, so happy inspect a net to will be suspended appearing on the market by bourse, so thenceforth rises, the happy every other that inspect a net trades 5 times day can be released " put in risk be appearinged on the market by time-out " suggestive announcement.
From eye antecedent condition looks, happy inspect a net the net assets big probability of vest in parent company was 2018 negative.
Happy inspect a net to was released on Feburary 27 outstanding achievement wall bulletin showed 2018, happy 2018 inspect net business gross income to be 1.604 billion yuan, vest in appears on the market the net gain of company shareholder is deficit 2.026 billion yuan, vest in appears on the market every net assets of company shareholder is - 0.26 yuan.
Nevertheless, because Le Rong sends new the biggest partner to be achieved for be in harmony from the happy change that inspect a net, le Rong is sent new bring into no longer happy inspect a net amalgamative and financial forms for reporting statistics, happy inspect a net to hold some rights and interests to will send estimation of new newest estimate calculate according to Le Rong to its, be opposite so happy the net assets result that inspects a net causes an effect. Happy inspect a net to also be in at that time outstanding achievement is premonitory in say, le Rong is sent new evaluate a result to be put in major uncertainty, company collectivity Dong Jian is tall cannot accurate beforehand appraise put in circumstance of Mu Jing asset 's charge 2018.
Happy inspect send new capital fund to evaluate result discretion, make a decision for a time happy inspect a net whether net assets is negative key.
To on April 1, le Rong sends new capital fund to evaluate had preliminary result, happy inspect a net to express clearly in announcement, predicting Le Rong is sent new evaluate a result to be in 3.5 billion yuan the following, attributive company possessory rights and interests predicts 2018 year to lose. It is happy almost inspect a net last help straw, broke.
Zhang Wei of the happy general manager that inspect a net emphasizes to insurgent journalist, appear on the market the company is nonexistent use Le Rong to send new adjustment the case that appraise value will come to to affect a stock to be suspended appearing on the market.
2. is the closest the financial accounting report of two year all is registered accountant issue the audit that deny or cannot express an opinion to report
Thirteen billion eight hundred and seventy-eight million yuan when still writing down the happy 2017 annals that inspect a net to release gigantic deficient, this lets happy inspected a net to become the A that spends in those days deficit king.
Happy this annals that inspects a net is the most seductive is, established letter accountant office to issue the audit that cannot express an opinion to report, forms for reporting statistics of the incorrect happy finance affairs that inspect a net expresses audit opinion. Established letter accountant office to list many are brought about in all at that time issue the reason that cannot express an opinion.
In newest the suspension that receives exposure appears on the market in risk clew, happy inspect a net to express, up to now, in report of 2017 year audit " cannot express an opinion " what involve item to had be notted eliminate completely, at present company board of directors and administrative layer are undertaking corresponding processing actively.
Audit reported 2018, also will be released as the happy 2018 annals that inspect a net and give heat, if audit reported 2018,issue likewise " cannot express an opinion " , the happy stock that inspect a net will be appeared on the market by time-out.
Reach place greatly " do poineering work board the stock appears on the market regular (edited in November 2018) " show, appear of case of the 13.1.1st regulation, will meet by the member that make the municipal Party committee on place greatly to appearing on the market company stock suspends appearing on the market matters concerned undertakes deliberative, the major that makes independence is judged and form opinion of examine and verify. Join the opinion of examine and verify on place general basis greatly, make company stock whether suspend the decision that appear on the market.
Specific to happy inspect a net, two kinds when likelihood occurrence above paragraphs mentions cause the case that time-out appears on the market: (3) : The financial accounting report of a year shows when audit of annual end classics net assets is recently negative, or be (5) : The financial accounting report of two year all is registered recently accountant issue the audit that deny or cannot express an opinion to report.
If appear,these two kinds of case of experience of the happy place that inspect a net become reality, according to regulation, bourse has the day that publishs year report from the company, reach its to derive breed to carry out to company stock stop a card, and after stopping a card 15 trade in a few days to make the decision that whether suspends its stock appearing on the market. Happy the risk clew announcement that inspects a net to answer to ought to announce a stock to will be suspended appearing on the market while exposure year reports.
Hand in place greatly to will be in make suspensive stock appear on the market two after the decision trade in a few days the announcement is happy inspect a net and announcement, with times China card inspect can put on record, happy inspect a net to ought to be in the day that gets the decision that suspends its stock appearing on the market originally announces a stock in time to suspend appearing on the market announcement.
Happy the annals exposure date that inspects a net to book was on April 26, this is meant, can make clear the earliest May: Happy inspect a net to whether be suspended appearing on the market by bourse.
The stock suspends appearing on the market the content that announcement should include
From " time-out appears on the market " to " retreat city " , this year or it is happy the key that inspects a net year
"Time-out appears on the market " do not be equal at " retreat city " , " stop appear on the market " , between these two programs, happy inspect a net to still have " restore to appear on the market " breath opportunity.
" do poineering work board the stock appears on the market regular (edited in November 2018) " show, appear on the market after in its the stock is appeared on the market by time-out, the company applies for to restore to appear on the market, ought to accord with following condition at least:
If the company that is appeared on the market by time-out applies for to restore to appear on the market, answer to satisfy these requirements at least
Of course, this is postulate only merely.
If happy inspect a net to want to apply for to restore to appear on the market to bourse, first year can be announced in the company the written application that report hind trades 5 times in a few days to put forward to restore a stock to appear on the market to this place, but must satisfy the following requirement at the same time:
Refer to bourse restore to appear on the market the requirement that written application needs to satisfy
If happy 2019 inspect a net to be handed in greatly be suspended appearing on the market, so will release in April 2020 2019 when annals, happy it is OK to inspect a net case of according to oneself will decide to whether apply for to be able to appear on the market to bourse conditionally.
Next, decide authority is on bourse hand.
According to trades regular, in receive restore to appear on the market 5 after filing a document trade in a few days, hand in place greatly to should make the decision that whether accepts, inform a company.
After accepting, the member that make the municipal Party committee on place greatly can appear on the market to time-out the application that the company restores to appear on the market undertakes deliberative, the major that makes independence is judged and form opinion of examine and verify, meeting opinion makes the member that make the municipal Party committee on place basis greatly whether agree with company stock restore to appear on the market the decision of application. On time time, bourse is in will be in accept time-out to appear on the market the company restores to appear on the market 30 after application trade in a few days, make whether to agree with its stock to restore to appear on the market the decision of application. Appear on the market company exposure stock restores to appear on the market announcement trades 5 times in the future, its stock restores to appear on the market.
Nevertheless, want to satisfy net 2019 gain to be at the same time the condition that net assets of value, period end appears on the market to be worth these refreshment, right happy inspecting will be enormous challenge for the net.
Refer anticipates to what annual managed a case 2019, zhang Wei of the happy general manager that inspect a net tells insurgent news (Www.thepaper.cn) reporter, appeared on the market 2019 the management plan of the company, can be in already some appearing on the market on company business base, continue to maintain appear on the market of the company each are managed, business includes member business, ad business with etc marketing of a few copyright.
Happy those who inspect a net to was announced on April 9 2019 premonitory first quarter show, happy inspect the net reachs 199 million yuan 195 million yuan fortunately beforehand first quarter. Happy inspect a net to say, 2019 first quarter, suffer correlation of be confined to to just owe the influence of areas of pair of company whole financing, the happy brand that inspect a net, credit is damaged continuously, short-term inside the management situation that fails to reverse line of company each business in time, advertising Wu income, member and scale of income of hair industry Wu relatively on year the corresponding period has no promotion.
Under debt pressure, management predicament happy inspect a net, whether after 2019 3 quarters break up dish still remain to observe. At least of instantly happy inspect a net, any first sight of morning that debt pressure, management predicament reads less than settlement almost. Zhang Wei of the happy general manager that inspect a net introduces, up to on December 31, 2018, happy inspect a net inside amalgamative limits, without audit flow is in debt and be not flow indebted amount is in 12 billion yuan or so probably, appear on the market the company still is faced with tremendous expire the circumstance that debt cannot repay, countervail debt pressure is very great.
Before this happy the risk clew announcement that inspects a net to release still shows, happy inspect a net to had been labelled to break his promise to be carried out person.
If 2019 annual, happy inspect a net to be recorded completely once more lose or asset is is net profit to lose, will spark so " stop appear on the market " , namely from do poineering work board retreat city.
The stock is enforced to end a few state that appear on the market
Handed in place greatly to set clearly stop the case that appear on the market compulsively to show, if happy report of first year after inspecting a net to fail to announce time-out to appear on the market inside legal exposure deadline; Unless,the net gain of audit of classics of first year after time-out appears on the market perhaps is buckled regular embellish is the net after increase and decrease negative worth; Accountant of finance affairs of first year after the period end net assets of audit of classics of first year after time-out appears on the market is the; that lose a value to suspend appearing on the market reports opinion of the reservation that be issued, cannot state the opinion perhaps denies the audit of the opinion reports; restores to appear on the market apply for; Restore to appear on the market application was not agreed to wait by examine and verify. Want to satisfy one of afore-mentioned state only, hand in place greatly to stop the happy stock that inspect a net to appear on the market with respect to decision having right trade. Appear on the market the company ought to be in receive after handing in place greatly to decide about stopping its stock to appear on the market, seasonable exposure stock is stopped appear on the market announcement.
The stock is stopped appear on the market the content that announcement should contain
If happy inspect a net to decide to did not offer check application to handing in place greatly to stop its stock to appear on the market, so make from bourse appear on the market after company stock stops the decision that appear on the market 15 trade of day of at the expiration of one's term of office second trade since day, company stock trades enter retreat city to arrange period.
Retreat city to arrange period trade deadline trades for 30 day, during company stock is retreating city to arrange round-the-clock stop a card not plan into retreat city to arrange period, during retreating city to arrange, appear on the market company stock is entered retreat city to arrange board trade, doing poineering work again board announce in prices.
Retreat city to arrange period of at the expiration of one's term of office second trade day, hand in place greatly to will give to company stock pick a brand, appear on the market company stock is stopped appear on the market.
Appear on the market the company ought to be stopped in the stock it is good after appearing on the market to be done in time relevant job, arrange in order to ensure company stock retreats city in this place period hind of at the expiration of one's term of office trades 45 times in a few days to be able to enter share to make over a system to hang out one's shingle make over.
This is meant, if happy inspect a net to fail to satisfied the requirement that restores to appear on the market 2019, so released 2020 2019 after annals, will be carried out to stop by bourse appear on the market, move toward namely retreat city.
Nevertheless, stock from do poineering work board after retreating city, be not will can do business no longer. Before this, from A the ST that retreats city grows oil, after retreating city, be in countrywide medium and small businesses share makes over a system to hang out one's shingle.
The basis is regular, appear on the market before the company is stopped to appear on the market in the stock, ought to have share of countrywide medium and small businesses to transfer a system with what bourse approbates the stockjobber of relevant business qualification signs an agreement, share is offerred to make over a system to hang out one's shingle for the company after inviting this orgnaization to be stopped to appear on the market in company stock make over a service, and its deal with accredit the share of system of the settle accounts of stock exchange market that register is exited register, conduction share affirms the share that reachs share to transfer a system registers the matters concerned such as settle accounts afresh.
Make up to bourse stop appear on the market to time definitely, the company still did not invite share to make over those who serve an orgnaization, bourse is in make company stock stop appear on the market decision while appoint for its temporarily share makes over service orgnaization, inform company and this orgnaization.
So far, the happy ability that inspect a net is the flow that removes city. Wait for happy on April 26 inspect a net year report was released 2018, at the appointed time its destiny will be able to adjudge.
Have without restore to appear on the market likelihood
After retreating city, happy whether to inspect a net to return organic meeting to restore to appear on the market? Notable is, the case of return capital market succeeds after there already was ST to grow oil to retreat city before this.
The basis publishs a material, on June 5, 2014, ST grows oil (601975) because of successive 4 years of deficit and retreat city, after this was in on August 6, 2014 turn the system hangs out his shingle make over. After the company retreats city, long oil goes broke at was being carried out in those days reforming, came off source of the biggest loss, reduced load of debt of a huge sum.
On December 28, 2018, ST long oil is released " appear on the market afresh requisition " . Hand in place express before this, the company had accorded with the condition that appears on the market afresh, include capital stock construction requirement, financial index requirement, continuously business ability requirement all got satisfaction. On January 9, 2019, ST grows oil to return to field of A stock market eventually.
But ST long oil and happy the substaintial distinction that inspects a net is, ST long oil is to be in before this hand in place advocate board appear on the market, and happy inspecting a net is to doing poineering work board appear on the market.
Hand in a place November 2018 castigatory " Shanghai stock exchange retreats city firm to appear on the market afresh executive method " intermediary carry on, this place appears on the market after the stock of the company is stopped to appear on the market, the company applies for its stock to appear on the market afresh to this place, applicable this method. Hand in place greatly to also have likewise " Shenzhen stock exchange retreats city firm to appear on the market afresh executive method (edited 2018) " , dan Jiming sets truly, do poineering work board the application that does not accept company stock to appear on the market afresh.
