According to the announcement, Stormwind Group received the decision of Shenzhen Stock Exchange to terminate its listing on August 28, 2020, and all the shares entered the delisting period on September 28, 2020. After 30 trading days in the delisting period, the company's shares will be delisted. There seems to be a feeling that the general trend has gone, which is a bit sad. After all, Storm Group had its own high-light moments.
Talking about the process of Storm Group from listing to delisting is really embarrassing, which is equivalent to giving a very vivid and real risk education lesson to colleagues in the Internet industry, and it happened recently, fresh and hot, which is very educational. Stormwind Group officially landed on the Growth Enterprise Market of Shenzhen Stock Exchange on March 24th, 20 15, with an issue price of 7 14 yuan and raised funds of 2140,000 yuan, which can be described as abundant funds. The listing of Storm Group coincides with the peak of the last bull market. Its share price soared to the peak of 123.67 yuan on May 20, 2005, with a total market value of over 40 billion yuan. As of the close of June 6, 165438, the company's share price fell to 0.29 yuan, and the total market value shrank.
According to this bloody case, we can easily think of LeTV and the Jia Yueting tycoon who will always return to China next week. Like LeTV, the industry generally believes that the fall of Storm Group is related to its blind expansion and highly leveraged mergers and acquisitions.
After listing, Storm Group successively entered VR, sports, movies and other industries, and made many mergers and acquisitions, eventually dragging Storm Group into the abyss. At the same time, in recent years, with the promotion of the registration system and the normalization of delisting. The delisting efficiency of the A-share market has been significantly improved. Shell resources? Speculation is gradually becoming history, which is also the embodiment of the perfection of the legal system.