definition: " old third board " refers to the "two network stocks" stocks that have withdrawn from the original two legal person stocks markets and the stocks that have withdrawn from the main board market 's termination of listing. Delisted stocks are stocks that have been forced to be delisted from the main board market and transferred to the National Equity Transfer Agency System due to consecutive years of losses. They are also called two-network and delisted stocks.
01
The conditions for opening the Lao Third Board authority
The conditions for opening the Lao Third Board include:
1. There is currently no requirement for funds. After opening the account, you can open the Lao Third Board trading authority at the counter (on-site processing). Follow-up policy Requirements may increase until assets meet It is more than RMB 500,000, so those who have not yet opened it can take advantage of this time to open it in advance. (Currently there are new regulations requiring more than 2 years of trading experience and more than 500,000 assets)
2. Opening the third board means opening the "special transfer A/special transfer B/b permission--special share transfer" permission. Got the old boss.
3, the transfer days of Laosan board are every Monday, Tuesday, Wednesday, Thursday and Friday, and adopt a bidding method, and the transaction is in lot units. For example, stocks with XX1 in their names are traded only once a week, such as Zhong, 1, Guangmao 1, etc. Stocks with XX3 in their names are traded every Monday, Wednesday, and Friday, such as LeTV 3, Qianshan 3, etc. Stocks with XX5 in their names are traded every Monday, Tuesday, Wednesday, Thursday and Friday. All transactions begin to submit quotations at 10:30 on the trading day, and are finally matched at 15:00.
Warm reminder: Lao Third Board stocks are stocks whose securities codes begin with 40 or 42. For example, the code of LeTV 3 is 400084, the code of Dongfeng B5 is 420085, etc.
02
Laosan Third Board’s latest policy interpretation
On the evening of February 25, 2022, the China Securities Regulatory Commission publicly solicited opinions on the "Guiding Opinions on Improving the Post-Delisting Supervision of Listed Companies".
The China Securities Regulatory Commission notice pointed out: At the beginning of the implementation of the delisting system in 2001, the Securities Association of China established an agency share transfer system and began to provide share transfer services for companies that have been delisted from the exchange. Since 2013, National Equities Exchange and Quotations Co., Ltd. has managed the agency share transfer system on its behalf.
As of the end of 2021, the number of delisted companies in the delisting sector has increased from 45 in 2013 to 83. With the substantial increase in the number of delisted companies, the regulatory pressure on delisted companies has gradually increased. Some institutional arrangements have been unable to adapt to the current new regulatory situation. Some problems have gradually become apparent in practice:
First, the delisting procedures are not smoothly connected, and the company has been unable to adapt to the current new regulatory situation: It takes a long time to get listed in the delisting sector after delisting;
Second, some regulatory requirements are out of touch with reality and do not match the current production and operation status of the delisted company, and the supervision is not highly targeted;
Third, the risk prevention and disposal mechanism needs to be improved, and investment Applicant suitability management needs to be further strengthened.
The "Guiding Opinions" stipulates: Smooth the exchange exit mechanism, optimize the hosting arrangements for securities firms, improve the incentive mechanism, consolidate the responsibilities of sponsors, and promote the smooth and smooth exit of delisted companies from the exchange market. Simplify the rights confirmation and registration procedures, streamline processing materials, strengthen data sharing, promote online processing, and reduce the burden on market entities. Enterprises that fulfill their information disclosure obligations can carry out issuance financing and major asset restructuring in accordance with relevant regulations. If they meet the conditions, they can also apply for re-listing or listing on the National Equities Exchange and Quotations System. Guide delisted companies with poor quality to exit the delisting sector through market-oriented methods such as bankruptcy liquidation.
In order to adapt to the requirements of the registration system reform and normalized delisting, we will further strengthen the supervision of delisted companies and form a good ecology of "what goes in and what goes out, what can go in and what can go out".
Summary: It can be seen that there is no chance for delisted stocks to be relisted. As long as the company can successfully solve its creditor and debt problems, and the company's main business can also continue to operate, many delisted stocks will also be relisted. opportunity, this latest policy also gives many delisted companies a chance to be reborn.
Let’s review and summarize the latest listing policies:
03
Shanghai Stock Exchange Relisting conditions for delisted stocks
Application conditions and acceptance procedures
After the stocks of companies listed on the Shanghai Stock Exchange are terminated from listing , its listing termination circumstances (excluding transactions If the situation of similar termination of listing) has been eliminated and the following conditions stipulated in the "Listing Rules" are met, you can apply to the Stock Exchange for re-listing:
(1) The total share capital of the company is not less than RMB 50 million;
(2) Public shareholders The shares held by public shareholders account for more than 25% of the company's total shares; if the company's total share capital exceeds RMB 400 million, the shares held by public shareholders account for more than 10% of the company's total shares;
(3) The company and its The controlling shareholder or actual controller has not committed any criminal crime of corruption, bribery, misappropriation of property, misappropriation of property or undermining the order of the socialist market economy in the past three years;
(4) The net profits in the past three fiscal years are all positive and the cumulative total exceeds RMB 30 million yuan, and the net profit is calculated based on the lower of before and after deducting non-recurring gains and losses ;
(5) The cumulative net cash flow generated from operating activities in the last three fiscal years exceeds RMB 50 million; or the last three fiscal years The cumulative operating income in the fiscal year exceeds RMB 300 million;
(6) The audited closing net assets of the most recent fiscal year are positive;
(7) The financial accounting reports of the most recent 3 fiscal years have all been issued by an accounting firm. Audit report with unqualified opinions;
(8) There have been no major changes in the company’s main business, no major changes in directors and senior managers, and no changes in the actual controller in the past three years;
(9) Issued by the sponsor after verification A clear opinion that the company has the ability to continue operating;
(10) The sponsor issued a clear opinion after verification that the company has a sound corporate governance structure, standardized operations, and no major internal control deficiencies;
(11) The Shanghai Stock Exchange stipulated Other conditions.
Relisting Arrangements
After a delisted company’s relisting application is approved by the Shanghai Stock Exchange, it should complete the re-confirmation, registration, custody and other related procedures of the company’s shares within 3 months. After the company completes relevant procedures, the Shanghai Stock Exchange will arrange for its shares to be listed and traded.
If the company fails to complete the relevant re-listing procedures within the above period, it shall submit an application for an extension of re-listing to the Stock Exchange and make an announcement. The Shanghai Stock Exchange may decide whether to agree to the extension based on the specific circumstances.
If the company fails to complete the relevant procedures for re-listing within the above period, and does not obtain the Shanghai Stock Exchange's consent for an extension, the Shanghai Stock Exchange's decision to agree to the re-listing of the company's shares shall become invalid from the date of expiration of the period, and the company may 6 months from the date of expiration of the decision. Months later, a re-listing application was filed again.
After the delisted company’s relisting application is approved by the Shanghai Stock Exchange, it shall sign a relisting agreement with the Shanghai Stock Exchange before its stocks are relisted, clarifying the rights, obligations and other relevant matters of both parties, and pay the initial relisting payment before the stocks are relisted in accordance with the regulations of the Shanghai Stock Exchange. fee.
04
Conditions for relisting of delisted stocks on the Shenzhen Stock Exchange
After the company’s stocks are terminated from listing, if its delisting situation has been eliminated, and it meets the following conditions stipulated in the "Listing Rules", it can apply to the Shenzhen Stock Exchange for relisting:
(1) The company's total share capital is not less than RMB 50 million;
(2) The shares held by the public account for more than 25% of the company's total shares; if the company's total share capital exceeds RMB 400 million, the shares held by the public account for more than 25% of the company's total shares. The proportion of the company's total shares is more than 10%;
(3) The company and its controlling shareholders and actual controllers have not committed any criminal offenses of corruption, bribery, misappropriation of property, misappropriation of property or undermining the order of the socialist market economy in the past three years;
( 4) The company’s financial accounting reports for the last three fiscal years have been issued with unqualified audit reports;
(5) The company’s audited net profits for the last three fiscal years have all been positive and the cumulative total has exceeded RMB 30 million (net Profit is calculated based on the lower of before and after deducting non-recurring gains and losses);
(6) The cumulative net cash flow generated by the company’s operating activities in the past three fiscal years exceeds RMB 50 million; or the company’s operating activities in the past three fiscal years are The cumulative revenue exceeds RMB 300 million;
(7) The company’s audited closing net assets in the most recent fiscal year are positive;
(8) The company’s main business has not changed significantly in the past three years;
(9) The company’s recent three There have been no major changes in directors and senior managers;
(10) The actual controller of the company has not changed in the past three years;
(11) The company has the ability to continue operating;
(12) It has a sound corporate governance structure and The internal control system and operates in a standardized manner;
(13) The company's directors, supervisors, and senior managers have the qualifications stipulated in laws, administrative regulations, departmental rules, normative documents, relevant regulations of the Shenzhen Stock Exchange and the company's articles of association, and there is no influence Circumstances of his employment;
(14) Other conditions required by the Shenzhen Stock Exchange.
For more re-listing rules of the Shenzhen Stock Exchange, please refer to the following implementation measures issued by the Shenzhen Stock Exchange.
Notice on the issuance of the "Implementation Measures for the Relisting of Delisted Companies on the Shenzhen Stock Exchange (Revised in 2020)"
http://www.szse.cn/disclosure/notice/general/t20201231_584053.html
Attachment:
1.Shenzhen Securities Exchange Implementation Measures for the Relisting of Delisted Companies (Revised in 2020)
http://docs.static.szse.cn/www/disclosure/notice/general/W020201231730367032885.pdf
2. "Shenzhen Stock Exchange Stock Listing Rules (Revised in 2020) )" "Shenzhen Stock Exchange GEM Stock Listing Rules (Revised in December 2020)" and other rules' revision instructions
http://docs.static.szse.cn/www/disclosure/notice/general/W020201231730367042589.pdf
05
old third board Sorting out delisted stocks
LeTV.com 3 (400084)
is based on paid membership and distribution business (including paid business, short video operation business, copyright business and TV series distribution income) and advertising business (video platform advertising publishing business) of the entire online video industry. and other businesses, etc.
龙力3 (400083)
uses corn cobs and corn as raw materials, uses modern bioengineering technology to produce functional sugars , starch and starch sugar and other products, and recycles the corn produced in the production of functional sugars. The core waste residue is used to produce second-generation fuel ethanol and other new energy products.
Kangde 3 (400102)
R&D, production and sales of advanced polymer membrane materials.
Beike5 (400030)
High-tech textiles, high-tech product development and production, vehicle repair, automobile and auto parts distribution, car rental, seafood farming, internal and external distribution, building materials distribution, etc.
Hai Guoshi 5 (400005)
Income from factory rental and sales of imported grains and oils
China National Ceramics 5 (400055)
Research and development of Internet of Things solutions, smart buildings, smart parks, smart city solutions and sales of related products, etc.
Aviation Tong3 (400098)
communications industry, aerospace defense and equipment manufacturing, textile and commercial services
delisted Pengqi B (420108)
environmental protection, military industry, real estate and other businesses. The military business mainly involves titanium and titanium alloy metal casting and precision machining. Representative products include large-size thin-walled castings for aviation, large-scale ribbed plate castings, thin-walled cylindrical structure castings, etc.
*ST Shunzhe B (420103 )
Gold jewelry sales
Delisted Dahua B (420091)
Production and sales of alkali products and by-products, technology development, after-sales service, cooperation and investment with domestic and foreign enterprises.
Dongfeng B5 (420085)
real estate business, hydrogen fuel cell business, new materials business
Shangpu B5 (420073)
commercial automation, energy integration and communication security, printed circuit board manufacturing and industrial park operation and management, etc.
deep The scope of B1 (420058)
is the production and sales of magnetic recording products and high-end office supplies, biological products/blood products, medical equipment and simulation products.
Ocean B 1 (420047)
Coastal, near-ocean and Hong Kong and Macao shipping and cargo transfer, ship and crew leasing, freight forwarding, intermodal transport and customs clearance business
Petrochemical B 1 (420032)
Engaged in chemical fiber and plastic processing and other businesses.
Jintian B 5 (420016)
Property management business
Zhonghao B 1 (420011)
Electronic products, communication equipment, home appliances, furniture, speakers, paper, paper products, daily chemicals, shoes and hats and clothing; domestic business, Material supply and marketing industry (excluding specialized sales and exclusively controlled goods); engaged in self-development and construction projects, etc.
Yinjihui (400111)
entertainment, film and television content and advertising and marketing services
Tianxianghui (400110)
large-scale energy-saving, environmental protection and clean energy equipment R&D, production and sales.
Delisted Fukong (400109)
The research and development and operation of online game products, mainly including the development of interactive leisure and entertainment game software and the operation of game products
Delisted Pengqi A (400108)
Environmental protection, military industry, real estate and other businesses. The military business mainly involves titanium and titanium alloy metal casting and precision machining. Representative products include large-size thin-walled castings for aviation, large-scale ribbed plate castings, thin-walled cylindrical structure castings, etc. Home furnishing, finance and other industries
*STXinwei (400106)
technology development, technical consulting, technical services; sales of developed products, telecommunications equipment, chemical industry, computer software and hardware and peripheral equipment, mechanical and electrical equipment, instrumentation, construction Materials (except projects that have not obtained special licenses), etc.
days summer retreat (400105)
software product sales, system integration construction and operation services
delisted Jinyu (400104)
jewelry, jade jewelry, gold bars and jewelry, online financial services
Qiulin 3 (400101)
Qiulin Company has always adhered to the business philosophy of "Century Qiulin, Integrity and Quality" and provides consumers with gold, jewelry, shoes, men's and women's clothing, cashmere wool, cosmetics, down jackets, watches, and household items. , food and other high-quality goods.
Gongxin3 (400100)
The company’s commercial services include Harbin Hongbo Exhibition Shopping Plaza Co., Ltd., Harbin Hongbo Property Management Co., Ltd., Harbin Hongbo Plaza Co., Ltd. and Harbin Gongda High-tech Industrial Development Co., Ltd. , etc.
Kaidi1 (400096)
Coal-fired power plant flue gas desulfurization project, clean coal combustion technology and engineering, comprehensive sewage treatment project, waste resource treatment project, design, complete set, construction, installation and commissioning of thermal power plant construction project , training, etc.
Yinge1 (400094)
Production and sales of paper products and pulp
Tianbao1 (400092)
Acquisition, processing and sales of agricultural and sideline products, aquatic products, frozen foods, etc.
Shenwu 1 (400090)
Acetylene chemical industry, coal mild pyrolysis and upgrading, comprehensive water environment management, oil refining and chemical industry and five major sectors: special equipment.
Shengyun 3 (400089)
BOT way investment, construction and operation of urban domestic waste incineration power generation projects
Jinya 1 (400087)
R&D, production and sales of front-end and back-end software and hardware for digital TV systems, as well as to small and medium-sized digital TV operators Provide end-to-end overall solutions.
Guangmao1 (400086)
Design, development, production and sales of fire protection products; garden engineering; research and development, factory planting and sales of edible fungi.
Shenzhou City A3 (400079)
Design and construction of architectural decoration projects and construction of construction-related projects
Changsheng 1 (400077)
Research and development of biological agents; investment in biotechnology projects; technical services and research and development of biotechnology-related projects; self-operation And agent for the import and export business of various commodities and technologies, etc.
Huaxin Control1 (400076)
Liquefied petroleum gas transit logistics services and trading business, and refined oil trading business.
Huaze1 (400075)
develops, designs, produces, installs and operates various networks and their equipment (excluding national restricted items); wholesales and retails electronic products, communication equipment (excluding radio transmitting equipment), computers, and office machinery etc.
Zhonghe 1 (400072)
Textile printing and dyeing and new energy lithium battery two major sectors
Kunji 3 (400068)
R&D, design, manufacturing and sales of horizontal boring machine , large CNC floor-standing milling and boring machine, gantry boring and milling machine , planer type boring and milling machine , coordinate boring machine , horizontal boring and milling machining center, precision rotary table and other series of products.
Xintai 3 (400067)
is engaged in the manufacturing of energy-saving power transmission and transformation equipment and reactive power compensation devices and other power grid performance optimization equipment, providing safe, efficient, energy-saving and environmentally friendly power equipment for power grid transmission, distribution and power consumption systems. and technical solutions, comprehensive power service supply, etc.
博元3 (400065)
Venture investment, investment consulting and management, industrial investment, commercial wholesale and retail.
Guoheng1 (400064)
Railway construction and operation; housing development and leasing; domestic trade.
High Energy 1 (400060)
warehousing, domestic trade, development, manufacturing and sales of new materials, self-operation and agency import and export business of various commodities and technologies.
Tianlong 5 (400059)
mobile phone R&D, design, production, sales, service provision and brand operation
金丽1 (400056)
car rental, small bus dedicated line operation and car repair and other businesses.
TOP 1 (400054)
computer software, computer hardware, network products, communication products, applied electronic technology products, computer information network international networking business, CNC machine tool system research, development, production and sales.
好paper3 (400053)
Production and sales of paper, pulp and paper products; manufacturing, installation and sales of papermaking equipment and machinery.
Longchang 1 (400052)
invests in oil and gas pipeline transportation, oil and gas pipeline reconstruction survey, design, and construction enterprises, invests in urban natural gas pipeline construction and management, and engages in electronics, medicine, chemical industry, real estate, property management; communication equipment, etc.
Longdi 3 (400050)
polyester chips, chemical fiber products, textiles, textile machinery and equipment, chemical products (excluding dangerous goods), engaged in import and export business (implemented in accordance with the approval documents of the Ministry of Foreign Trade and Economic Cooperation).
Huadiao 1 (400049)
Gold mining exploration and development
Longke 1 (400048)
Internet project management, development, production and sales of e-commerce and computer software products, undertaking computer system network engineering, computer technology training, technical consulting, Technical services, retail: books, periodicals.
Bojia 5 (400046)
IT comprehensive service provider, mainly covering finance, energy, government, enterprises and other fields, specializing in IT solution integration, software product development and operation and maintenance services.
Ha Ci 1 (400044)
Pharmaceuticals, medical equipment, green food, environmental protection water industry
Chang Xing 1 (400043)
Production and sales of cement products.
Xinlian 1 (400042)
Network construction, development and services, network transmission software and equipment, development and sales of materials, network engineering installation and services, production and sales of steel and metal products, real estate development, industrial investment.
digital 3 (400041)
space technology application and development, aerial digital photography, all-digital photogrammetry, global satellite positioning (GPS) measurement, remote sensing technology research and application (RS), geographic information system ( GIS) research and construction and software development, network, etc.
中川3 (400040)
Electric power equipment production and operation, project contracting, commodity trade and others.
Dalman 3 (400037)
Xi'an Dalman Industrial Co., Ltd. is a manufacturing-based enterprise, mainly engaged in jewelry processing. The company is currently insolvent, suffering from a severe shortage of funds, numerous legal proceedings, and normal production and operations have ceased.
star5 (400033)
biological products and real estate development business.
Petrochemical A 1 (400032)
is engaged in chemical fiber and plastic processing and other businesses.
saddle synthesis 1 (400031)
chemical fiber, medicine, Chinese patent medicine, synthetic bezoar , health care product manufacturing and operation, etc.
大通5 (400029)
production and sales of dry-type transformers ; design, manufacturing and sales of central air-conditioning equipment; production and sales of metal zinc oxide arresters; and import and export of various types of garments.
Ecology 5 (400027)
The company is mainly engaged in the cultivation and sales of aquatic products, the development of tourist attractions, and the provision of catering, accommodation and other services
Zhongqiao 1 (400026)
Construction, decorative materials, mechanical and electrical equipment, steel, wood, hardware, chemicals Raw materials, paints, plastic products, daily necessities, textiles, automobiles, spare parts and local products, and maintenance of mechanical and electrical equipment.
Ocean 3 (400022)
high-tech products and software development, production and sales; technology park development, house rental and property management; office automation and system network integration.
Five rings 1 (400020)
Sports industry development and operation, production and operation of Chinese and Western health care drugs, catering and entertainment industry management and operation.
九州1 (400019)
Kaolin mining and processing, motor manufacturing, real estate, import and export trade , beer production and sales, etc.
Guojia 1 (400017)
company is a Sino-foreign joint venture high-tech listed company mainly engaged in the network information industry. The company was founded in 1986 and its predecessor was Guojia Optoelectronics Co., Ltd. In December 1992, it was officially restructured into a Sino-foreign joint-stock joint stock system, and normal production and operations have been suspended.
JintianＡ5 (400016)
Property management business
Hangyue 1 (400013)
Processing and sales of fur products
ZhonghaoＡ1 (400011)
Electronic products, communication equipment, home appliances, furniture, speakers, paper, paper Products , daily chemicals, shoes, hats and clothing; domestic commerce, material supply and marketing industry (excluding specialized sales and exclusively controlled goods); engaged in self-development and construction projects, etc.
Guangjian 1 (400009)
basic engineering, road, bridge and culvert construction, earthwork engineering , water and electricity installation, water supply and drainage projects, housing construction (secondary) construction, indoor and outdoor decoration, real estate development, property management (the above projects must be operated with qualification certificates and licenses), etc.
Narcissus A 5 (400008)
produces washing machines, Water heaters, clothes dryers , fractional horsepower motors, gas appliances, kitchen oil absorbers and supporting equipment, and other household appliances, sell self-produced products and provide technical consultation and services. (Those involving licensed operations shall operate with a license) etc.
Hua Kai 1 (400007)
Building materials, cement products, glass, decorative materials, mineral products, chemical products; hotels, catering industry; property leasing, property management.
Beijing Zhongxing 1 (400006)
Computer system services; technology development, technology promotion, technology transfer, technology consulting, technical services; data processing; computer maintenance; application software services; sales of mechanical equipment, Wujinjiaodian, electronic products; water pollution Governance, etc.
Guosheng 5 (400012)
Environmental protection industry
Shangpu A5 (400073)
Commercial automation, energy integration and communication security, printed circuit board manufacturing and industrial park operation and management, etc.
Huarui 5 (400082)
Main business For the development, design, production and sales of wind power equipment .
金马5 (400028)
Export of non-ferrous metals , ferrous metals, non-metals, mineral products, machinery and equipment, instrumentation, industrial and agricultural tools, chemicals; import and export of raw and auxiliary materials and production of non-ferrous metals.
鹷峰5 (400010)
Agricultural products and food processing
Kunpeng 3 (400066)
Hotel business and its ancillary facilities business.
Narcissus B 5 (420008)
produces washing machines, water heaters, dryers, fractional horsepower motors, gas appliances, kitchen oil suction machines and supporting equipment, and other household appliances. It sells self-produced products and provides technical consultation and services. (Those involving licensed operations shall operate with a license) etc.
Offshore Oil Refining (400057)
Petroleum refining, petrochemical product distribution and domestic commerce.
Bao Qianli 3 (400081)
R&D, design, production and sales of electronic video products
Changbai 5 (400002)
computer software and hardware systems and external equipment , information and communication equipment, automated intelligent instruments and electronic products, information Development and manufacturing of home appliances, financial electronic equipment, large-screen color TVs; technical consulting, engineering projects, etc.
enecarbon3 (400070)
real estate development and sales, product trade.
Yinhua 3 (400018)
sporadic leasing business
Nanyang 5 (400023)
transportation, petroleum storage, industry, high technology, tourism and comprehensive real estate development.
Wuguo B3 (420063)
The development, production and sales of power station boilers , special boilers, desulfurization equipment and other pressure vessels and auxiliary equipment.
Tianchuang5 (400036)
environmental protection series equipment, wire manufacturing and environmental protection equipment debugging; Chinese and Western medicine preparations, original drug processing, chemical preparations and contracting of large urban comprehensive sewage treatment projects, etc.
Gangtai 3 (400097)
Gold jewelry sales
Mingrui 3 (400078)
There are four major business sectors: modern electronic processing, real estate development, financial investment, and energy development.
Monkey King 5 (400045)
Real estate investment, high-tech agricultural development, tourism project development, production and sales of welding materials.
Young Eagle 3 (400095)
Livestock and poultry breeding and sales.
Qianshan 3 (400093)
The production and sales of various injection production equipment.
Shenzhou City B3 (420079)
Design and construction of architectural decoration projects and construction of construction-related projects
Huaxia 3 (400021)
Production and sales of Hongqi brand series bulldozers, well towing machines, loaders and accessories, and provision of after-sales services.
macro industry 3 (400025)
metal materials, etc.
美都3 (400088)
Traditional energy includes the exploration, development, production and sales of crude oil and natural gas; new energy business includes cathode materials in the upstream of the new energy vehicle industry chain; finance and quasi-finance; commercial trade; real estate, etc.
Precision 3 (400051)
Wholesale and sales of wireless (mobile) communication products.
Yisheng3 (400099)
The production and sales of solid wood furniture, solid wood flooring , solid wood composite flooring and other wood products.
Huasheng 5 (400039)
business income, main business profit, net profit, cash and cash equivalents net increase (or net decrease)
Jean 5 (400069)
main business is nickel metal mining, Production, processing and sales of mineral processing, smelting and related chemical products, specializing in the production of nickel, copper, cobalt salt as well as non-ferrous metals, chemical products, etc.
Huaye3 (400080 )
real estate development business, medical investment business
bit 5 (400035)
development, production and sales of electronic application software products, power information network system integration; digital transformation of cable TV networks, development, production and sales of cable TV network technology; building automation projects focusing on air flow control, etc.
Zhonghong 3 (400071)
real estate development and sales
06
Lao Third Board stock investment value analysis summary
For stocks that have been delisted and traded on the Old Third Board, I personally feel that these votes are not It is not that it is completely worthless. Those old third-party stocks whose main business is still operating normally and whose fundamentals are gradually improving are worthy of long-term attention, such as LeTV 3, Qianshan 3, Sinovel 5, etc.
In addition, North Exchange has been established, and the stocks on the old third board have one more place to go. Once the fundamentals can continue to improve and the claims and debts can be properly handled, the probability of re-listing will be high.
In short, if you want to invest in Lao Third Board stocks, you need persistent patience and perseverance, and you must have a venture capital mentality to invest in Lao Third Board, so that you can maintain a good attitude and persist in the long term.
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-