Repurchase amount does not meet the standard, jilin yatai group is ordered by regulators to make corrections | Quick read announcement
1. When the repurchase term expires, jilin yatai repurchases amount falls below the lower limit of the repurchase total, and the Jilin Securities Regulatory Bureau requires correction. 2. Jilin Securities Regulatory Bureau decides to take corrective regulatory measures against the company and record it in the securities and futures market integrity file.
New regulations take effect! Two companies have sounded the delisting alarm by touching the "0.5 billion yuan market cap red line".
Starting from October 30th, the market cap delisting standard for A-share companies on the Shanghai and Shenzhen main boards has been adjusted from 0.3 billion yuan to 0.5 billion yuan. ②Which other main board listed companies are on the "dangerous" edge?
Companies with long-term net asset value per share below book value must disclose plans for valuation improvement. State-owned enterprises with net asset value per share below book value are expected to attract incremental funds.
On September 24, the China Securities Regulatory Commission publicly solicited opinions on the 'Guidelines for the Supervision of Listed Companies No. 10 - Market Cap Management (Consultation Draft)'. The guidelines require long-term companies trading below net asset value to disclose their valuation enhancement plans, including targets, deadlines, specific measures, and provide special explanations on the execution of the valuation enhancement plan during the annual performance briefing.
The State Council meeting promotes a virtuous cycle in the venture capital industry, and the sector is expected to seize the opportunity.
On September 18th, the executive meeting of the State Council pointed out that venture capital is related to technological innovation, industrial upgrading, and high-quality development. It is necessary to quickly resolve the bottlenecks and difficulties in the various stages of fundraising, investment management, and withdrawal, support eligible technology-based enterprises to list both domestically and internationally, vigorously develop the equity transfer and mergers and acquisitions market, and promote a healthy cycle in the venture capital industry.
The increase doubled in the past month, and trading will be suspended for inspection starting tomorrow! The stock market has warned of 6 major risks.
Zhejiang Furun Digital Technology has accumulated 18 consecutive trading days of limit up from August 2, 2024 to September 3, 2024, with a stock price increase of 100.89% and significant volatility. Zhejiang Furun Digital Technology specifically highlighted the six risks faced by the company's stocks in its announcement.
A new player joins the battery recycling industry. Nanjing Public Utilities Development and Ganfeng Lithium jointly build a huge project. Numerous A-share companies are competing to lay out.
Nanjing Public Utilities Development signed a strategic cooperation agreement with Ganfeng Lithium and Nanjing Environmental Group, planning to invest in and build a 0.3 million ton waste battery recycling base in Jiangsu Province. This is the first time Nanjing Public Utilities Development has entered this business field, and the planned scale of the base is among the top in the country and already exceeds the existing scale of Ganfeng Lithium. The first outbreak period of the battery retirement wave is imminent, and this year, many companies have accelerated their layout of the battery recycling business.