News on the evening of December 9,Storm GroupIssued a reminder that there is a risk that the stock listing will be suspended.

Storm Group said that up to now, the company has not hired a chief financial officer or auditor, and there is a risk that it will not be able to disclose the 2019 annual report within the statutory period.

According to relevant regulations, if a listed company has not disclosed its annual report within two months from the date of expiration of the statutory disclosure period, the Shenzhen Stock Exchange may decide to suspend the company's stock listing.

On December 2, Storm Group announced that with the exception of Feng Xin, all of the company's senior managers have resigned, and the securities affairs representative who assisted in information disclosure matters has also resigned. Currently, there are only 10 people left in the company. Due to the tight financial situation, the company has defaulted on wages to some employees.

Storm Group went public in 2015 and had 36 ups and downs in 40 trading days. The stock price reached 327 yuan at its highest, and the market value exceeded 40.8 billion yuan. Within the two-month IPO storm, 10 billionaires, 31 multi-millionaires, and 66 millionaires were born.

As of November 28 at around 10 a.m., Storm Group's stock price was 3.54 yuan, leaving only 1.16 billion yuan in market value.