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The curtain call of "Jade First Share"! What caused the stock price to plummet by more than 99%?
Jade 1 share, the full name of Oriental Jinyu, in the glorious period, the stock market was valued at 30 billion, but in just a few years, it is now facing delisting. The main reason is the decline in profits and constant losses, leading to a sharp drop in stock prices. Even if it is a listed company, you must make money, which may lead to Wenwen's share price, which may make investors believe that the online public will continue to hold it. Because only the company can make money, then those shareholders can get dividends, earn profits and make investments more valuable. However, these companies began to lose money from 20 16, which led to the decline of their stocks.

20 15, the stock market value is the most brilliant, close to 30 billion yuan. Today, the share price is only 0. 16 yuan, one share 1.6 cents, which is really miserable. Since 20 16, the stock has been falling continuously. According to the disclosure of the company's investment financial report, the company did not make a profit during its operation and suffered losses continuously. Later, the company's operation also transferred the stock, and at the same time restricted investors' purchase, which would lead to a panic decline in the stock.

The company is caught in a broken capital chain, and the company personnel are also involved in manipulating the securities market. After being caught violating the rules, the stock price fell into this abyss. The company still owes some debts, and there are also serious defaults. It also faces prosecution and large penalty interest, so leaving such a mess, the stock will definitely fall seriously, and the corporate chairman of the company has been listed as the person who has lost his trust. If a company can operate well and make profits without negative reports, then there will indeed be bigger ones, and perhaps the stock will not fall, but it is helpless that the company is in a profit dilemma and faces various debts, so it is naturally difficult to turn over.

In the final analysis, it is mismanagement. In the changes of the times, we failed to seize better opportunities and get better development, which led to difficulties, so we will face the storm of delisting. Whether it is listed or operated, if it can't make a profit, it will lead to making ends meet, thus falling into a debt crisis and finally having to face the fate of bankruptcy. An unprofitable company is actually a burden on the financial market and a hole that cannot be filled. Everyone is unwilling to accept it, and naturally they will face everyone's selling, thus losing the value of investment.