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China Sports Industry Why did the stock plummet?

According to the investigation, 600158 China Sports Industry has been in a downward trend in recent months. The stock price has dropped from 27.94 yuan to the current 11 yuan, a sharp drop of 70%. The main reasons are: first, poor performance, and second, the company was

Tianjin Securities Regulatory Bureau issued a warning letter. The specific content is attached for reference: Latest report: 2017-09-01 China Sports Industry (600158): Tianjin Securities Regulatory Bureau issued a warning letter to the company’s major shareholders | The commitment to inject high-quality assets has been delayed for 8 years.

In August 2014, the Tianjin Securities Regulatory Bureau believed that the above-mentioned commitments used vague words such as "appropriate timing" and "as much as possible" and did not have a clear performance period, which violated relevant regulations and ordered the General Sports Fund Center to make a public statement.

supervisory and management measures.