On the evening of January 8, *ST Eddie (002740) disclosed that the company's price has been lower than 1 yuan share for 11 consecutive trading days, and if the company's price is lower than 1 yuan share for 20 consecutive trading days, the company will be terminated from listing and trading by the Shenzhen Stock Exchange. On January 9, the company's ** fell again and closed at 056 yuan shares, the par value of the delisting is almost a foregone conclusion. At present, shareholders have suffered heavy losses, and seeking compensation has become the focus of investors' attention.
The stock price continues to fall and faces the risk of double delisting.
The reporter of the "Volkswagen ** Daily" noticed that from December 18, 2023 to January 9, 2024, the share price of *ST Eddie has fallen for 16 consecutive trading days, and the stock price has also increased from 12 yuan shares fell to 056 yuan shares.
In the face of this situation, will the company "sit and wait" for delisting or will it take corresponding measures to "make a last ditch"?*ST Eddie's relevant staff told this reporter that the company has not received a notice on the follow-up arrangement, but even if the stock price starts to rise continuously now, it will not be able to return to 1 yuan share within the specified time.
In addition to the risk of delisting at par value, *ST Eddie is also facing the risk of financial delisting. From the perspective of performance, from 2019 to 2022, the company has had a negative net profit for 4 consecutive years. In the first three quarters of 2023, the company continued to lose money, with a net profit of -21.2 billion yuan.
In addition, *ST Eddie mentioned in the announcement that if the audited net assets in 2023 are still negative, and the 2023 financial report is still issued by the auditor as "unable to express an opinion" or issued a qualified opinion or negative opinion, the company will be hit by the financial forced delisting situation and there is a risk of termination of listing.
Shareholders have suffered heavy losses, and claims have become the focus of attention.
As of November 20, 2023, the number of shareholders of *ST Eddie is 17,097, with an average shareholding of 26,55794 shares, calculated at the 9-day ** price, the average value of the ** held by households is about 1490,000 yuan.
In the face of the continuous stock price and the risk of delisting, many investors began to seek solutions to minimize their losses on interactive platforms. Some shareholders said: "If the company is delisted in this way, does the actual controller of the company have to compensate investors according to the issue price and give investors an explanation?"”
So, after the company is delisted due to par value, will it compensate investors accordingly?The above-mentioned *ST Eddie staff told the reporter of "Popular ** Daily": "I have not received relevant news at present, and investors need to consult their own lawyers." ”
Zhao Jingguo, a lawyer at Shanghai Xinben Law Firm, told the reporter of "Dazhong ** Daily": "The delisting of the face value of *ST Aidi is basically determined, and there are three aspects of the current situation in which shareholders can file ** claims: one is information violations, the other is market manipulation, and the third is insider trading. *ST Eddie was investigated by the CSRC for violating the disclosure of the letter, and shareholders can make a claim based on this. However, it should be noted that the company is facing delisting and has a large number of litigation cases, and its ability to pay is weak. ”
Recently, due to the lack of feasibility of reorganization and the inability to accept the reorganization, the reorganization application has neither obtained the consent of the court nor the consent of the regulatory department. In addition to the fact that the reorganization was not accepted, *ST Eddie also has a total of about 5500 million yuan of accounts receivable that cannot obtain sufficient and appropriate audit evidence, and the inventory is suspected of being illegally embezzled by related parties, breach of trust and damage to the interests of the company.
Reporter Chen Hui Intern Reporter Sun Weize.