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Orient Group Incorporation (600811.SH): There may be a risk of delisting due to the stock price being below 1 yuan.
On July 18, Gelunhui announced that under the provisions of Article 9.2.1, paragraph 1 of the Stock Listing Rules: for listed companies that only issue A-shares on the Shanghai Stock Exchange, if the daily closing price of the company's stocks is lower than RMB 1 for 20 consecutive trading days, the company's stocks may be suspended from trading by the Shanghai Stock Exchange. On July 18, 2024, the closing price of the company's stocks was RMB 0.94 per share, which is lower than RMB 1. If the company experiences the situation of "daily closing price of the company's stocks is lower than RMB 1 for 20 consecutive trading days," the company's stocks may be suspended from trading by the Shanghai Stock Exchange.
On July 16th, A-share lightning rod: Jianyan Technology's shareholder Changzhou Chuangyan plans to reduce its shareholding of the company by no more than 1%; Dazhong Transportation: Smart connected vehicles have received high market attention recently, an
Jiangsu Gian Technology's shareholder Changzhou Chuangyan plans to reduce its shareholding in the company by no more than 1%; 36.036 million restricted shares of Beijing Yuanlong Yato Culture Dissemination will be lifted on July 16th; Orient Group Incorporation said that the court has decided to start a pre-restructuring of the company; Dazhong Transportation(Group)Co.,Ltd. said that intelligent connected autos have received high market attention recently, and this mode is still in the experimental stage.
Orient Group Incorporation (600811.SH): The court has decided to initiate pre-reorganization for the company.
On July 15th, Gelunhui reported that Orient Group Incorporation (600811.SH) received a "Decision" from Harbin Middle Court on July 15, 2024, and decided to initiate pre-reorganization of the company in order to reduce reorganization costs, increase reorganization success rate, and effectively identify reorganization value and feasibility.
Orient Group Incorporation's performance forecast for the first half of 2024.
Orient Group Incorporation (600811.SH): The net income in the first half of this year is expected to increase by 80 million yuan to 0.11 billion yuan year-on-year.
On July 10th, Gelunhui reported that Orient Group Incorporation (600811.SH) released a performance forecast for the first half of 2024. According to preliminary calculations by the finance department, the company is expected to achieve a net income attributable to shareholders of listed companies of 80 million to 110 million yuan in the first half of 2024, and it will turn losses into gains compared with the same period last year. It is expected to achieve a net income attributable to shareholders of listed companies after deducting non-recurring gains and losses of 40 million to 60 million yuan in the first half of 2024.
Orient Group Incorporation (SHSE:600811) May Have Run Too Fast Too Soon With Recent 29% Price Plummet
Unfortunately for some shareholders, the Orient Group Incorporation (SHSE:600811) share price has dived 29% in the last thirty days, prolonging recent pain. For any long-term shareholders, the last
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