**Didn't deceive, but the dealer did**. At its most glorious, Zuojiang Technology's stock price was nearly 300 yuan, with a market value of more than 20 billion, and now it has indeed become an ST share. It was also targeted by the regulator and opened for investigation. At 09:30 in the morning of December 13, 2023, *ST Zuojiang (300799) changed its stock price, and the stock price was sharply **200%。
The latest third quarter report shows that the stock achieved diluted earnings per share of -095 yuan, operating profit -12.9 billion yuan, basic earnings per share -0$95. Some investors joked that other Zhuang stocks are mainly based on hinging, while he is mainly hedging himself.
The story of Zuojiang Technology can be described as ups and downs, and its main business is the research and development and application of related technologies in the field of national network information security. Since 2021, Zuojiang Technology has relied on the research and development of "programmable network data processing chips" to hype the concept of artificial intelligence, but after a few years, there are no orders, and the performance has been losing again and again, as of December 13, 2023, the number of shareholders (households) of the company is 2803, a decrease of 148 from the previous statistical day.
Song Lianmin (tel: 13115008800), director of Jiangsu Shengheng Law Firm, who has been engaged in **claim cases**, said that all damaged investors who **Zuojiang Technology** before December 1, 2023, and sold or continued to hold on or after December 2, 2023, can register their claims. (The final time period shall be subject to the effective judgment of the court).
Since the beginning of this year, the company has been sent six letters by the Shenzhen Stock Exchange, including the first quarterly report inquiry letter, the semi-annual report inquiry letter, the third quarterly report inquiry letter and two letters of concern. Among them, regarding the third quarterly report, the Shenzhen Stock Exchange has sent two letters to inquire, but the company has said that it will postpone the reply. Judging from the third quarter report of this year, *ST Zuojiang only achieved revenue of 3372 in the first three quarters210,000 yuan, and the net profit attributable to the parent company was -9732730,000 yuan.
The company's revenue in the past few years of listing has been less than 100 million, and it has been sent by the regulator in turn to inquire, the company's ** transaction has been implemented after the disclosure of the 2022 annual report, but it is under such performance and regulatory focus that ST Zuojiang still goes his own way, bucking the trend, and the increase is as high as 71 during the year72%, with a maximum increase of 1296%, and once touched 299 during the yearThe high point of the $8 stock.
It is worth noting that the risk of delisting is so great, why is the capital crazy speculation *ST Zuojiang?*Some shareholders of ST Zuojiang are still determined to continue to increase their positions. According to the third quarterly report, natural persons such as Peng Guohua and Yin Ying, as well as a private equity firm, have continued to increase their positions this year.
Some investors said that people with a discerning eye can see that the number of shareholders has increased from about 10,000 in 2021 to about 2,800 now. Due to the increase in stock prices, it was monitored by the Shenzhen Stock Exchange and investigated by the China Securities Regulatory Commission on suspicion of illegal information disclosure.
According to the delisting rules of the exchange, if the company's audited net profit in 2023 is negative and the operating income is less than 100 million yuan, or the financial and accounting report is issued with a qualified opinion, unable to express an opinion or a negative opinion, the company will be delisted and delisted after the disclosure of the annual report. According to the third quarter report of this year, it is difficult for Zuojiang Technology to achieve an operating income of nearly 70 million yuan in the last three months, or to turn a net profit into a profit.
Some investors said that the company, which was already full of loopholes, relied on the funds of the market makers to raise the stock price, and now it is targeted by the regulator, is it far from delisting?