*ST Xulan: The stock will be delisted, suspended trading below 1 yuan.

robot
Abstract generation in progress

On March 31, Jin10 reported that *ST Xulan announced that as of March 31, 2025, the company’s stock Closing Price has been below 1 yuan for twenty consecutive trading days. According to relevant regulations, the company’s stock will be delisted. The company’s stock will be suspended from trading starting from April 1, 2025. The company has failed to recover and rectify the non-operating fund occupation of 7.527 billion yuan. If the rectification is not completed within two months from the date the delisting risk warning is implemented, the Shenzhen Stock Exchange will decide to terminate the company’s stock trading. The company expects a net profit loss of 300 million - 500 million yuan attributable to shareholders of the listed company for the fiscal year 2024.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)