st Galaxy will definitely not be delisted!
The new delisting rules will comprehensively consider the actual conditions of the main board, GEM, and Science and Technology Innovation Board, and implement unified delisting standards. Specifically, the assessment indicators are likely to be set as follows:
(1) The non-net profit deduction has been negative for two consecutive years, and the main operating income has been less than 100 million yuan for two consecutive years.
(2) The total market value is less than 500 million yuan for 20 consecutive trading days.
(3) The stock price is lower than 1 yuan for 20 consecutive trading days.
(4) Fraudulent issuance and major financial fraud. As long as one of the above four items is touched, it will be delisted directly, and there will no longer be a suspension or resumption of listing.
For St Galaxy, the profit in the first three quarters was more than 35 million. This year, the main business is definitely profitable, and the non-net profit is definitely positive. The main business income in the first three quarters is more than 800 million, and it can reach 1.1 billion for the whole year. , far exceeding the 100 million standard, Article 1 is not a problem. Galaxy has a share capital of 1.1 billion, and the total market value will not be less than 500 million anyway, so Article 2 does not matter. With the first two as a guarantee, the third Galaxy cannot be touched. Article 4 directly excludes. Therefore, St Galaxy has no worries about delisting. If you hold it patiently, you will definitely get rich returns!
China Galaxy Securities Co., Ltd. is the first securities company in Beijing to obtain the qualification for directional asset management business after the promulgation of the "Implementation Rules for Targeted Asset Management Business of Securities Companies" issued by the China Securities Regulatory Commission. The company adheres to the core concept of "maintaining and increasing the value of customers' assets throughout the entire process of asset management business" and provides customers with diversified, professional and personalized asset management services. Since 2009, the company has successively issued Venus No. 1, Polaris No. 1 and Galaxy 99 index collective asset management plans, as well as Fuxing No. 1 limit-specific collective asset management plans.
On January 26, 2007, with the approval of the China Securities Regulatory Commission, with China Galaxy Financial Holdings Co., Ltd. as the main sponsor, four domestic investors jointly launched the establishment of China Galaxy Securities Co., Ltd. Ltd. (hereinafter referred to as the "Company"). The company acquired the securities brokerage business, investment banking business and related assets of the original China Galaxy Securities Co., Ltd., with a registered capital of RMB 6 billion. It owns Galaxy Futures Brokerage Co., Ltd.
On October 21, 2009, the company established Galaxy Innovation Capital Management Co., Ltd.
In November 2010, the company was approved by the China Securities Regulatory Commission to establish a subsidiary in Hong Kong.