The stock price has been hovering near the face value of *ST Jiuyou (600462). On the 6th, there was a huge personnel shock-three directors of the company submitted their resignation letters, including the company’s chairman Xu Yingyang. This news actually stimulated The market was affected. Today, the stock price of *ST Jiuyou hit the daily limit of , closing at 1.12 yuan.
*ST Jiuyu , whose stock price has fallen by more than 60% this year, has recently been close to the face value of 1 yuan. Today, the company issued an announcement: three directors on the company's board of directors submitted their resignation reports, namely the company's chairman and general manager Xu Ying Yang, company directors Li Nan and Li Yanjuan, three directors resigned from all positions in the company due to personal reasons or work needs.
It is worth mentioning that at the end of August last year, Han Yue, the actual controller and former chairman of *ST Jiuyou, was criminally detained on suspicion of illegally absorbing public deposits. At that time, Xu Yingyang was appointed as the acting chairman of the company. , and after Han Yue announced his resignation from the relevant positions held by *ST Jiuyou, he officially became the company's chairman and general manager. Now he announced his resignation less than one year after he officially took up his duties. The resignation of three
executives has caused *ST Jiuyou's board of directors to fall below the legal minimum number. The company's replacement candidates were also announced today - the company added Li Ming, Bao Li, and Zhuang Yihong as the company's director candidates, among which Li Ming is currently the chairman of Beijing Jiji Development, Bao Li is currently the chairman of Hengtai Aip , and Zhuang Yihong is the chairman of Derun Real Estate Development Group and Derun Enterprise Group. Affected by this news, the share price of *ST Jiuyou hit the daily limit today, closing at 1.12 yuan/share.
Investors have high hopes for *ST Jiuyou to reorganize the board of directors, but there are still many crises blocking the company - in the first three quarters of this year, *ST Jiuyou achieved revenue of 221 million yuan, a year-on-year decrease of 90.62%; net The profit loss was 16.2362 million yuan, which expanded after the loss in the same period last year. More importantly, the company's 2018 annual report was issued a disqualified audit report by Daxin Accounting Firm, which was responsible for the audit. In the third quarter report of this year, *ST Jiuyou stated that after August 2018, due to overdue loans from its holding subsidiary Runtai Supply Chain Bank, it was sued by many banks, bank accounts were seized, related assets were restricted, and business operations The company has stopped and cannot continue to carry out normal business. The company cannot maintain effective control over Runtai's supply chain through usual communication methods. During the reporting period, the company is still unable to obtain the financial information of Runtai Supply Chain for the third quarter of 2019. And if *ST's annual reports are issued with non-standard qualified audit reports for two consecutive years, then the company will face the crisis of suspending its listing.
In addition, *ST Jiuyu was disclosed in July this year - another important subsidiary of the company, Bo Lixin, is in a state of saturation due to the production capacity of mobile phone camera modules. The same industry adopts a low-price competition strategy to seize the few orders, resulting in basically no profit for orders in the market. Bo Lixin has not taken on new orders and only produced a small amount of final orders. Production continues to shrink and it is in a state of continuous losses. Blixin has stopped product production on its main production lines and only retains camera module after-sales services.
"In the face of the company's difficulties, has the company taken any specific measures to improve its operations?" In this regard, a reporter from the Volkswagen Securities News called *ST Jiuyou, but the company's phone could not be connected. Reporter Wang Jun
