📢 Gate Square #Creator Campaign Phase 2# is officially live!
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📅 Time: July 25, 22:00 – July 29, 22:00 (UTC+8)
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Post original content (at least 100 words) on Gate Square related to
*ST Boxin: Even if it continues to hit the daily limit for the next 8 trading days, the market capitalization cannot return to over 500 million yuan, and it will be delisted through forced delisting of trading.
On January 6, Jinshi data announced that the Closing Price of * ST Boxin's stock on January 6, 2025 was 1.39 yuan/share, with a Market Cap of 320 million yuan, which has been below 500 million yuan for 12 consecutive trading days. Even if it continues to hit the daily limit for the next 8 trading days, it will still be subject to mandatory delisting due to the Market Cap being below 500 million yuan for 20 consecutive trading days. According to relevant regulations, if a listed company's daily stock closing Market Cap is below 500 million yuan for 20 consecutive trading days, the SSE will decide to terminate the listing of the company's stock. In addition, there is also a risk of drop in voting rights held by the controlling shareholder, Mingcheng Asset Management, and the listed company faces the risk of unstable control.