Financial delisting indicators in the third quarter report "flash red light". Many companies take multiple measures to create revenue and "self-rescue".
The third quarter report of listed companies is an important window to observe the annual performance. According to statistics from reporters, after the release of the third quarter report, 178 companies in the Shanghai and Shenzhen stock markets have exhibited "red flags" for a combination of financial delisting indicators, indicating potential delisting risks. The operating conditions in the fourth quarter are crucial for these companies. If they fail to generate revenue and turn losses around in a timely manner, some companies may face the risk of being delisted due to financial indicators. What's even more pressing is that a group of risky companies are facing the crisis of maintaining compliance. If their year-end financial indicators still don't meet the requirements, they may be delisted as a result. Faced with delisting risks, many companies are taking actions to "self-rescue", including mergers and acquisitions, asset sales, bankruptcy reorganization, and signing new orders. Yang Zhaoquan, director of Beijing Weinuo Law Firm, stated in an interview with reporters that the comprehensive and strict supervision that "delisting does not exempt liability" has prompted companies to maintain compliance in a more standardized manner, further driving the demand for compliance from being "implicit" to "explicit".
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