The current stock price is 0.37 yuan, it's too sudden! Another real estate giant or delisting transaction | company stocks | real estate

Release time:Apr 13, 2024 21:19 PM

Following the delisting of Taihe stock on June 8th

Yesterday, another real estate giant, Sunshine City Group

There is a risk of delisting in stock trading

Trading will be suspended from the opening of next Monday, June 12th


The current stock price is 0.37 yuan, it's too sudden! Another real estate giant or delisting transaction | company stocks | real estate

ST Sunshine City announced that as of June 9th, the closing price of the company's stock has been below 1 yuan per share for 20 consecutive trading days, which has reached the mandatory delisting requirement for trading. According to relevant regulations, the company's stock will be suspended from trading starting from June 12th, and the company's stock may be delisted from trading on the Shenzhen Stock Exchange.

The latest data shows that there were still 130000 shareholders in Sunshine City in the first quarter.

Previously announced by Sunshine City

1. In 2022, the company was issued an internal control audit report with a negative opinion by Lixin Zhonglian Certified Public Accountants due to its failure to fulfill the review procedures and information disclosure obligations in accordance with regulations regarding external guarantees. According to Article 9.8.1 of Section 8 of Chapter 9 of the Listing Rules of the Shenzhen Stock Exchange, if the company encounters situations where "other risk warnings" are implemented, the company's stock will be subject to other risk warnings from the opening of the market on May 5, 2023. As of the disclosure date of this announcement, other risk warning situations have not been eliminated.


The current stock price is 0.37 yuan, it's too sudden! Another real estate giant or delisting transaction | company stocks | real estate

2. As the auditor of the company's financial report for the year 2022, Lixin Zhonglian Certified Public Accountants Co., Ltd. has incurred a net profit loss of RMB 12.553 billion attributable to shareholders of the listed company due to the company's outstanding debt principal of RMB 62.632 billion as of December 31, 2022, as well as factors such as a decrease in gross profit margin, inventory depreciation, and interest expense. This has raised significant doubts about the company's ability to continue operating; At the same time, the company did not follow the prescribed review and disclosure procedures to provide a total of RMB 545 million in guarantees to external units, indicating significant deficiencies in the company's internal control over external guarantees. The company issued a non-standard opinion on the financial statement audit report for the year 2022.

In 2018, Sunshine City entered the billion dollar camp. At the company's annual celebration, Mr. Lin from Sunshine City generously gave his employees 7 Mercedes Benz S-Class sedans, each costing over 1.2 million yuan.

In 2021, Sunshine City entered the Fortune Global 500 for the first time, with annual sales exceeding 200 billion yuan and a market value exceeding 100 billion yuan.

In September 2021, for the third quarter of the year, Sunshine City's net profit after deducting taxes was -1752 million yuan, a year-on-year decrease of 274%. Due to the provision of depreciation for some projects, the asset impairment loss in the first three quarters was as high as 1.65 billion yuan, a significant increase of 518% year-on-year. Therefore, it angered the second largest shareholder, Taikang Group, and was voted against by two directors of Taikang Group, causing Sunshine City to face a "dual kill" of stock and debt.


The current stock price is 0.37 yuan, it's too sudden! Another real estate giant or delisting transaction | company stocks | real estate
Two women were stabbed to death and reported to have committed a crime 4 days before the follow-up visit for schizophrenia. Suspect of a bloody murder case in a Hong Kong shopping mall appeared in court today. Male | Last Friday | Murder case
Two women were stabbed to death and reported to have committed a crime 4 days before the follow-up visit for schizophrenia. Suspect of a bloody murder case in a Hong Kong shopping mall appeared in court today. Male | Last Friday | Murder case

According to Hong Kong's Wen Wei Po, a bloody knife stabbing case occurred at Hollywood Square in Diamond Hill last Friday. The police arrested a 39 year old man on suspicion of stabbing two young women, one of whom was stabbed over 30 times. The suspect appeared in the Kwun Tong Magistrates Court this morning. The police at the Kwun Tong Magistrate's Court temporarily charged the suspect with two counts of murder last Sunday. The suspect appeared in court this morning at the Kwun Tong Magistrate's Court. Acting Chief Magistrate Zheng Jihang, after listening to the opinions of both the prosecution and defense, decided to postpone the hearing for two weeks until 9:30 am on June 19th, waiting for two psychiatric expert reports to be obtained. The defense did not object. Zheng Jihang approved the application, and the defendant needs to be temporarily detained at Xiaolan Mental Hospital. When the suspect appeared in court, he wore black framed glasses, a light gray shirt, and camouflage green shorts, and was able to answer the judge's questions normally. accordingly

Secretary of the Provincial Party Committee: The focus of Henan's "summer harvest" has shifted to agricultural machinery in the northern region of Henan Province. | Support | Science | Organization | Province | Northern Henan | Summer Harvest | Rush Harvest
Secretary of the Provincial Party Committee: The focus of Henan's "summer harvest" has shifted to agricultural machinery in the northern region of Henan Province. | Support | Science | Organization | Province | Northern Henan | Summer Harvest | Rush Harvest

Currently, the highly anticipated summer harvest work in Henan has shifted its focus to the northern region of Henan. According to the Henan Daily client, on June 4th, Lou Yangsheng, Secretary of the Henan Provincial Party Committee, presided over a special video scheduling meeting on the "Three Summers" work in the province, listened to the situation report, analyzed and judged the situation, and arranged and deployed the next steps of work. Governor Wang Kai made specific arrangements. On the evening of May 31, 2023, in Xiafutou Village, Xuliang Town, Boai County, Jiaozuo, Henan Province, villagers braved light rain in the wheat fields to harvest wheat. Visual China Map Lou Yangsheng pointed out that the current summer harvest battle in the province has entered the decisive stage. Doing a good job in summer harvest in northern Henan Province is related to the summer grain yield and seed safety. We should focus on seizing opportunities and make every effort to organize the wheat harvesting work in the northern Henan region, minimize losses, and protect the interests of farmers to the greatest extent possible. Accurate forecasting is essential

Xinhua All Media+| Welcome home! What innovative technologies are protecting the return journey of Shenzhou 15? Spaceship | Shenzhou | Technology
Xinhua All Media+| Welcome home! What innovative technologies are protecting the return journey of Shenzhou 15? Spaceship | Shenzhou | Technology

On June 4th, the return capsule of the Shenzhou-15 manned spacecraft successfully landed at the Dongfeng landing site. Astronauts Fei Junlong, Deng Qingming, and Zhang Lu all safely and smoothly exited the spacecraft, and the Shenzhou-15 manned flight mission was a complete success. What innovative technologies are there to safeguard the return journey of Shenzhou 15 in this mission? On June 4th, the return capsule of the Shenzhou-15 manned spacecraft successfully landed at the Dongfeng landing site. Xinhua News Agency reporter Lian Zhen photographed that "the sky and the ground" ensure the high-precision return of spacecraft. For the Shenzhou series spacecraft, the return and re-entry GNC technology is directly related to the life safety of astronauts. Taking the success of this return mission as a symbol, China has comprehensively upgraded its GNC system since the Shenzhou-12 manned spacecraft, which features autonomous rapid rendezvous and docking, autonomous adaptive prediction and re-entry return guidance, and has completed a comprehensive update and replacement

The Chinese naval fleet has arrived! Assembly | Navy | Chinese Fleet
The Chinese naval fleet has arrived! Assembly | Navy | Chinese Fleet

At noon today, a Chinese naval fleet consisting of Zhanjiang and Xuchang ships arrived at the assembly area of the "Comodo-2023" multinational maritime joint exercise. It is understood that the assembly anchorage for this exercise is 3 nautical miles long and 1.5 nautical miles wide, capable of anchoring up to 50 ships. Naval vessels from various countries participating in the exercise will also arrive at the anchorage today to complete the assembly of the "Komodo 2023" multinational maritime joint exercise, which is held every two years by the Indonesian Navy. This year is already the fourth edition of the exercise. The exercise will be held from June 5th to 8th in the city of Jakarta, South Sulawesi Province, Indonesia, including the port and sea phases. In the coming days, participating navies from various countries will participate in ship reading style search and rescue exercises, maritime interception and damage management exercises, aerial exercises, and other course objectives exercises

New comment: Donkey like "morale" limit pulls US debt "bomb" fuse hard to dismantle US | debt | morale
New comment: Donkey like "morale" limit pulls US debt "bomb" fuse hard to dismantle US | debt | morale

On the evening of June 1st, the US Senate passed a bill on the federal government's debt ceiling and budget, and the flame of the US debt bomb was temporarily extinguished at the last moment. The two parties in the United States have staged an extreme tug of war over the US debt bomb. Some experts believe that the US debt crisis is the result of the reckless politics promoted by the US dollar hegemony, and the underlying cause of this crisis is the highly polarized political system of the US. Since the end of World War II, the US Congress has adjusted the debt ceiling more than a hundred times. The recurring debt crisis will not only have a catastrophic impact on the US economy and people's livelihoods, but also continuously erode the value of US dollar assets such as government credit and US bonds, bringing significant and far-reaching impacts to the global economic landscape. 【