① During the year, 6 A-share listed companies, including *ST Zhongjie, Supply and Marketing Company, Xiyu Travel, Huitian Thermal Power, and Stone Refining Airlines, successfully “removed the cap”; ② After removing the cap, Xinhualian recorded four consecutive records, and Huitian Thermal Power rose and stopped; ③ *ST Zhongjie, Xiyu Travel, and Huitian Thermal Power all turned losses into profits in 2023. Accounting firms all issued standard and unqualified audit reports on the company's financial reports.
Financial Services Association, June 2 (Editor: Ga Chen) As business conditions improved, many ST companies successfully “removed their caps” during the year. According to Choice statistics, 6 ST companies have successfully “removed their caps” since this year. The specific A-share list is mainly *ST Zhongjie, Supply and Marketing, Western Tourism, Huitian Thermal Power, Xinhualian, and Stone Alliant. See the chart below for details:
*ST Zhongjie, which is mainly engaged in the research and development business of high-end industrial sewing machinery, announced on Thursday that the company's stock trading will withdraw the delisting risk warning and other risk warnings from the opening of the market on June 3 (Monday). The stock abbreviation was changed from “*ST Zhongjie” to “Zhongjie Resources”. Trading of the company's shares will be suspended for one day on Friday and will resume trading from the opening of the market on June 3. *ST Zhongjie announced on April 27 that the profit in 2023 was 595 million yuan, reversing the year-on-year loss. *ST Zhongjie announced on the same day that Lixin Certified Public Accountants (Special General Partnership) issued a standard unqualified audit report on the company's 2023 financial report, which met the conditions for applying to withdraw the delisting risk warning on stock transactions. Looking at it over a long period of time, *ST Zhongjie's biggest cumulative increase in stock prices since its February low is 73.5%.
The supply and marketing bazaar covering department stores, supermarket chains, commercial real estate, and supply chain innovation businesses announced on Wednesday that the company's stock trading will be suspended for one day on Thursday and will resume trading on Friday. Other risk warnings were withdrawn from the company's stock trading opening on Friday, and the stock abbreviation was changed from “ST Big Market” to “Supply and Marketing Market”. The Supply and Marketing Fair announced on April 26 that Shinaga Zhonghe issued an unqualified audit report on the company's 2023 financial report on April 24. The company no longer has significant uncertainties related to continuing operations, and is eligible to apply for cancellation of other risk warnings from stock trading. On the first day of removal of the cap, the large supply and marketing rally bid went up and down. It rose 7.87% at 9:34, then fluctuated and fell. As of Friday's close, it was down 6.02% to 2.03 yuan/share. Looking at it over a long period of time, the biggest cumulative increase in stock prices since the February low of the supply and marketing market is 69.78%.
Western Travel, whose main business is to provide travel services to tourists, announced on Tuesday that stock trading lifted the delisting risk warning and resumed trading on Thursday. The delisting risk warning was lifted on Thursday, and the stock abbreviation was changed from “*ST Western Region” to “Western Region Travel”. Xiyu Travel announced on April 22 that the net profit returned to mother in 2023 was 106 million yuan, turning a loss into a profit. Xiyu Travel announced on the same day that the 2023 financial report was audited by Daxin Certified Public Accountants (Special General Partnership) and a standard unqualified audit report was issued, which met the conditions for applying to withdraw the stock delisting risk warning. On the first day after the cap was removed, tourism in the Western Region opened low, with a sharp drop of nearly 8% as of Thursday's close. Looking at it over a long period of time, the biggest cumulative increase in stock prices since the February low of Western Tourism, which takes advantage of the “low altitude economy”, is 85.88%. Notably, industry insiders said that in 2021, Western Travel set the “fastest ST” record for A-shares with 265 days of listing, or “wearing a hat with a star.” Now, in the five years since its launch, Western Tourism, which has wandered around the brink of delisting due to poor financial standards, has once again “turned around” and “taken off the stars” for the second time.
The main business is Huitian Thermal Power, which provides heating and engineering services to residents and non-resident users, announced on Monday that the company's stock trading lifted the delisting risk warning, suspended trading for one day on Tuesday, and resumed trading from the opening of the market on Wednesday. Huitian Thermal Power announced on April 29 that the net profit due to the mother in 2023 was 977 million yuan, turning a loss into a profit. Huitian Thermal Power announced on the same day that the company's 2023 financial report has been audited by China Certified Public Accountants (Special General Partnership) and a standard audit report with unqualified opinions has been issued. The company believes that it meets the conditions for applying to withdraw the stock delisting risk warning. On the first day after the cap was removed, Huitian Thermal Power closed up and down. Over time, the biggest cumulative increase in Huitian Thermal Power's stock price since its February low is 97.87%.
The Xinhua Federation announced on May 19 that it will lift delisting risk warnings and other risk warnings on May 21, focusing on the development and construction of cultural tourism attractions and real estate projects. After Xinhualian's cap was removed, its stock price soared up and recorded four consecutive records. Stone Refining Airlines, whose main business is the production and sale of aviation precision parts and structural parts, announced on May 14 that it will withdraw delisting risk warnings and other risk warnings on May 16. Stone Refining Airlines lifted its cap in early trading on the first day, then rushed back down and closed slightly higher, and achieved two consecutive trading days. On May 14, Stonestone Airlines stated on Interactive Easy that the company's main revenue comes from the British company Gardner, and its main customers are aerospace companies such as Airbus, GKN, Gulfstream, Eaton, RUAG, Safran Group, and Spirit. It is mainly engaged in the manufacture and processing of various aircraft related precision parts and structural parts, including aircraft wing front edge surfaces, engine-related parts, take-off and landing equipment, oil pump covers, etc., as well as core components such as wing girders, wing surfaces, wing beams, oversized wing frames, aircraft floor beams, and seat rails.