Consecutive stop-and-go market value shrinks by 66%! ST Traditional Chinese Medicine Welcoming Yi Fangda Zhang Kun, CEIBS Glen, Guangfa Wu Xingwu and other surveys, said that they would look forward to removing their hats after 3 months

According to the news of the financial industry on January 19, star fund manager Yi Fangda Zhang Kun, CEIBS Fund Glen, GF Fund Wu Xingwu and others investigated ST National Medicine (000516) by teleconference. ST National Medicine said that the suspension of two hospitals for three months will affect the company's performance, but according to the historical data of previous years, the revenue in the first quarter accounts for the smallest proportion of the annual revenue, so the company believes that the impact of the suspension on revenue and profit is limited, and with the speed of operation after the follow-up consultation, it can be corrected, and the impact on performance is controllable. In terms of stock price, ST National Medical has fallen continuously in recent days, and its market value has shrunk by 66%! As of today's close of trading at 7.17 yuan, down 5.03%.

It is reported that there were also four public fund companies such as BANK OFC Fund and CITIC Prudential who lowered the international medical valuation to 7.11 yuan and 7.18 yuan. Some funds also said that they will pay close attention to the follow-up developments of "international medicine" and adjust their valuation prices in a timely manner if necessary. After the above-mentioned stock trading reflects the characteristics of active market trading, the company will comprehensively refer to the relevant influencing factors and negotiate with the fund custodian to determine the resumption of valuation of the day's closing price, and will not be announced separately at that time.

International Medicine (000516. SZ) announced on the evening of January 13 that the subordinate Xi'an High-tech Hospital and Xi'an International Medical Center Hospital received a notice from the Xi'an Municipal Health Commission to mechanically implement relevant epidemic prevention policies, delay the rescue and diagnosis and treatment of critically ill patients, arouse widespread concern in public opinion, cause serious consequences, suspend business for 3 months according to requirements, and reopen the clinic after the expiration of the rectification.

This matter triggered the corresponding situation of "the stock of the listed company was implemented with other risk warnings", the international medical stock was suspended for one day since the opening of the market on January 14, and other risk warnings were implemented since the opening of the market on January 17, and the stock abbreviation was changed from "International Medicine" to "ST National Medicine".

The International Medical Board of Directors said that it was deeply saddened and guilty about the incident, and expressed its deep apologies to the patients, their families and the public. During the prevention and control of the new crown pneumonia epidemic, the two hospitals mechanically implemented relevant epidemic prevention policies, exposing the lack of awareness of the overall situation, unrealistic work style, weak sense of responsibility, and lack of humanistic care.

According to the Tianyan risk tips in the Tianyancha APP, the company has a medium risk level, with a total of 825 of its own risks, of which 7 involve equity pledge information; 104 peripheral risks, 3 historical risks, and 163 early warning reminders.

This article originated from the financial world