Why Is It So Hard For GEM Companies To Withdraw From The Market?

Why is it so difficult for the GEM companies to withdraw from the market? "What is not to support backdoor listing? Is it not so difficult to change"?

Gem share price will drop to below 1 yuan face value, and there will be 20 consecutive trading days.

Judging from the current situation, in the foreseeable 35 years, even if any company wants to withdraw from the market, it is impossible to retire from the market, let alone no one want to withdraw from the market. At present, 290 of the listed companies listed on the GEM board, the lowest share price of the national League Fisheries (300094) is closed at 7.20 yuan yesterday, while the net assets of the League of nations aquatic products are 4.72 yuan, and the share price falls below 1 yuan.

As for public condemnation, it is not easy to meet the requirements.

According to statistics, only a handful of companies, such as *ST Guangxia (000557) and listed companies, have been listed in history, which are the worst companies in China's stock market.

Even the Shenzhen Stock Exchange admitted that statistics on all the companies that were publicly condemned in history were 6 of the companies that were publicly condemned 3 times in the past 36 months.

The Shenzhen Stock Exchange also acknowledged that since 2000, 6 companies in Shenzhen stock market have had 9 "daily closing prices for 20 consecutive trading days below the face value of each share", while small and medium sized companies and GEM companies have not seen such a situation.

This shows that the present regulation is correct.

In addition, if the gem can be backdoor listed, it is "not allowed to suspend the listing of listed companies through backdoor".

But the Shenzhen Stock Exchange's expression is still "no support".

The actual effect of "no support" and "no permission" may be poles apart.

"No support" may be adapted to practical "permissible".

But in view of the difficulty of the gem delisting, it is obviously unnecessary to talk about backdoor listing now.

Song Liping, general manager of the Shenzhen Stock Exchange, said: "the delisting of listed companies is a difficult problem to be solved.

The delisting of listed companies not only involves workers and creditors, but also involves local governments and departments, which is related to the vital interests of thousands of investors.

However, there are netizens saying that there are companies.