In the financial third quarter report, the delisting indicator shows a red light, prompting a number of companies to take various measures to generate revenue and "save themselves".
After the release of the third quarter report, a total of 178 companies listed on the Shanghai and Shenzhen stock exchanges have triggered "red flags" for combined financial delisting indicators, potentially facing risks of delisting. The operating conditions in the fourth quarter are crucial for these companies. If they fail to generate revenue or turn losses around in a timely manner, some companies may be labeled as facing financial delisting risk and may be at risk of delisting. What's even more pressing is that a group of risky companies are facing the crisis of maintaining their listing status. If their financial indicators at the end of the year still fail to meet standards, they are likely to be delisted. In the face of delisting risks, many companies are taking actions to "rescue" themselves, including mergers and acquisitions, asset sales, bankruptcy reorganization, and signing new orders. Yang Zhaoquan, director of Beijing Wino Law Firm, said in an interview that the comprehensive and strict supervision that does not exempt delisting compels companies to maintain their listing status in a more standardized manner, further promoting the transformation of maintaining listing status from "implicit" to "explicit" demand.
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