Three no companies can also be listed to circle money 💰!
The world is big, there are no wonders. There are more stock issuances, and anything strange will appear. Companies without products and revenue can also go public and make money, not knowing which lucky ones this new rule is tailored for.
A company with no products, no revenue, and no profits has been listed in Big A for two whole years, and still has nothing as always. The original controlling shareholder of the company only invested 180 million, and the big A listed on the market to get 2.1 billion, followed by 75% of the total share capital can continue to cash out.
The white paper and black characters of the A-share science and technology innovation board clearly stipulate that the company's annual income is less than 100 million, which triggers the mandatory delisting conditions, and the continuous loss for two consecutive years must also be forced to delist. The new delisting rules can not be described as not severe, but the final result is a withdrawal, and who will care about whether the major shareholders will care about the withdrawal or not after the money is circled?
Perhaps the controlling shareholders prefer to trigger the forced delisting, use their own information advantages, deliberately delay the time to market the research and development products, wait until after the mandatory delisting, and then inject a new company, and then circle a wave of money, why not circle the money!
