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Jilin Yatai (Group) Vice Chair Steps Down
Amidst Increasing Losses, Investors Bid up Jilin Yatai (Group) (SHSE:600881) 11% This Past Week
Jilin Yatai (600881.SH): No buyback has been implemented yet.
On August 2nd, Gelunhui reported that Jilin Yatai (600881.SH) has announced that as of July 31, 2024, the company has not yet started implementing repurchases.
Jilin Yatai (600881.SH): The company's stock may be delisted due to its stock price being below RMB 1.
On July 24th, GeLongHui reported that Jilin Yatai (600881.SH) announced that according to the provisions in the Article 9.2.1, Section 1 of the "Stock Listing Rules": for a company that only issues A-shares on the Shanghai Stock Exchange, if the closing price of the stock for 20 consecutive trading days is below RMB 1 per share, the company's stock trading on the exchange may be terminated. The company's stock closing price on July 24th, 2024 was RMB 0.98 per share, which is below RMB 1 for the first time. If the company's stock experiences the situation of "closing price of the stock for 20 consecutive trading days is below RMB 1 per share", the company's stock will be delisted due to the mandatory delisting of trading classification.
Jilin Yatai Group (600881.SH): Changfa Group has accumulated a 1.70% shareholding in the company.
On July 19th, Gelunhui reported that Jilin Yatai (600881.SH) announced that on July 19th, 2024, the company received a notice from Changfa Group that it accumulated an additional 55.3053 million shares of the company through centralized bidding trading on the Shanghai Stock Exchange, accounting for 1.70% of the total shareholding.
Announcement of Jilin Yatai (Group) Co., Ltd.'s forecasted loss for the first half of 2024.
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