Is Guofeng New Materials a leading stock?
Guofeng New Materials was the leading nano-concept company, and also the leader of the resin industry. The novel,"The Morality of the Past", is equally exciting. Everyone is welcome to click and read it!
Guofeng New Materials stock resume time
According to the information on December 5,2024, the time for the resume of trading would be announced tomorrow evening (the evening of December 6,2024) next Monday (December 9,2024), but there was no more information to indicate whether the plan was implemented or not, so it was impossible to know the exact time for the stock to resume trading. The novel,"The Morality of the Past", is equally exciting. Everyone is welcome to click and read it!
Guofeng New Materials Delists
According to the relevant regulations, the conditions for the withdrawal of loss-making stocks were that the market value was less than 500 million yuan and the revenue was less than 300 million yuan. Guofeng New Materials still had a market value of nearly 3 billion yuan. Although the revenue estimates for the past two years were not ideal, there was still a gap from the withdrawal standard. Moreover, according to the requirements of the nine new regulations, the market value had to fall below 500 million yuan, and the stock price had to fall by three-quarters to 0.77 yuan before it could reach the standard of being delisted. However, if they still lost money by the end of the year, they might be the first to be ST. In addition, Guofeng New Materials plans to issue shares to purchase assets. The trading will be temporarily suspended since the opening of the market on December 2,2024. The trading will resume after the relevant announcements are disclosed. It focuses on four industries: high molecular functional membrane materials, new photoelectricity materials, green and environmental protection wood-plastic new materials, and lightweight materials for new energy vehicles. It is a national high-tech enterprise integrating research and development, procurement, production and sales. The novel,"The Morality of the Past", is equally exciting. Everyone is welcome to click and read it!
Will Guofeng New Materials 2024 reorganize?
Guofeng New Materials was planning to issue shares and pay cash to purchase the controlling stake of Taihu Jinzhang Technology Co., Ltd. The company's shares were suspended from the opening of the market on December 2,2024. It was expected to disclose the trading plan within 10 trading days (i.e. before December 16,2024). If it is not disclosed on time, the company's shares will resume trading on December 16,2024 and the relevant matters will be terminated. Therefore, they were currently planning a reorganization. It was uncertain whether the reorganization would be successful. The novel,"The Morality of the Past", is equally exciting. Everyone is welcome to click and read it!
Is the suspension of Guofeng New Materials bad?
Based on the fact that Guofeng New Materials was suspended because it planned to issue shares to purchase assets, it could not be simply judged as bad. If the acquired assets were of good quality, had potential for development, and could produce synergy with the company's existing business, such as improving market competitiveness, expanding business scope, and enhancing earnings, then it might be good in the long run. However, if there were problems in the planning process, such as the failure of the transaction, the potential risks of the assets, etc., it might have a negative impact on the company's stock price and market confidence. The novel,"The Morality of the Past", is equally exciting. Everyone is welcome to click and read it!
Guofeng New Materials Merger and Reorganization
Guofeng New Materials plans to issue shares and pay cash to purchase the assets of Taihu Jinzhang Technology Co., Ltd. for merger and reorganization. Trading will be suspended from the opening of the market on December 2,2024. It is expected that the trading plan will be disclosed within 10 trading days and the trading will resume at the latest on December 16,2024. Guofeng New Materials was established in 2009, focusing on the research and development, production and sales of new materials. It has a strong technical and market share in the field of environmental protection and high-performance materials. The strategic motives of this acquisition included resource integration to enhance core competitiveness, expansion of market share and brand influence, technological innovation to supplement technical shortcomings and improve research and development capabilities. However, there were certain risks and challenges in this acquisition. When the acquired Jinzhang Technology applied for listing on the Growth Enterprise Market, it was withdrawn after four rounds of inquiries by the SZPE due to doubts about its main customers. The suspicious aspects of the main customers included the large changes in sales to the largest customer, the short establishment period of some customers, the small scale, the increase in the proportion of new customer revenue year by year, and the large difference between sales and customer financial data. Especially the internal control problem of revenue recognition made the market doubt its true performance. In the current A-share market, the supervision of M & A and reorganization has increased, the supervision level has strict requirements for the visibility and information exposure of M & A transactions, and investors are concerned about the operational ability and compliance of the M & A target. These historical problems of Jinzhang Technology may affect the overall image and market confidence of Guofeng New Materials, and may also bring financial and market integration risks to Guofeng New Materials. If the customer data and internal control problems of Jinzhang Technology are not resolved, It might not be able to bring the expected benefits to Guofeng New Materials. The novel,"The Morality of the Past", is equally exciting. Everyone is welcome to click and read it!
Announcement of suspension of Guofeng New Materials
On December 2, Anhui Guofeng New Materials Co., Ltd. issued an announcement saying that the company was planning to issue shares and pay cash to purchase the relevant assets of Taihu Jinzhang Technology Co., Ltd.'s holding. According to the relevant provisions of the "Rules for the listing of shares" and "Guidance for Self-discipline Supervision of listed companies No.6-Stopping and Resumption of Trading" of the SZEQ, the company's shares will be temporarily suspended from the opening of the market on December 2,2024. It is expected to resume trading after the relevant information is disclosed within 10 trading days. The novel,"The Morality of the Past", is equally exciting. Everyone is welcome to click and read it!
Guofeng New Materials Company employee benefits
The employee benefits of Guofeng New Materials Company were as follows: 1. In terms of social security, they signed a labor contract, bought five insurances in the month, and bought a reserve fund in the next month. 2. In terms of leave, after one year of employment, he would be entitled to paid annual leave. 3. Remuneration: - The salary of the operator position was 5,000 - 6,000 per month, and the salary of 6,000 - 8,000 accounted for 35.7% at most (the overall salary range was 4.5,000 - 50,000, of which 71.4% of the positions received 6,000 - 10,000 RMB). The salary of the undergraduate was 11,000 RMB, and the salary of the master's degree was 8,900 RMB. - Seniority pay. - Festivities such as Labor Day, Dragon Boat Festival, Mid-Autumn Festival, National Day, year-end bonuses, year-end gift bags, and other benefits were given. 4. Other benefits: - Birthday cards were given to employees on their birthdays, and members of the charity fund enjoyed marriage benefits and childbirth benefits. - Free health checkups are provided every year. - Free apartment, 4 people/room, fully equipped, both husband and wife are employees of the company can provide husband and wife rooms. - There were benefits such as working meals, shuttles, weekends, annual salary adjustments, free parking, and so on. The novel,"The Morality of the Past", is equally exciting. Everyone is welcome to click and read it!
Is the suspension of Guofeng New Materials good or bad?
The suspension of Guofeng New Materials was due to the fact that it was planning to issue shares and pay cash to purchase the controlling stake of Taihu Jinzhang Technology Co., Ltd., and the suspension was due to the uncertainty of related matters. It was expected that the trading plan would be disclosed within 10 trading days (before December 16,2024). If it was not disclosed on time, the company's shares would resume trading on December 16,2024 and the relevant matters would be terminated. This kind of suspension usually had two sides. On the positive side, this might be good news. The company's plan to acquire the controlling shares of other companies indicated that it was actively seeking business expansion or resource integration. If the acquisition was successful, it might bring about synergy, such as expanding the industrial chain, obtaining new technology or market share, etc., which would help to enhance the company's competitiveness. In the long run, it might have a positive effect on the company's development, which may have a positive impact on the stock value. However, there was also the possibility of a negative outcome. Due to the uncertainty of the relevant matters at present, if the final acquisition was not successful or the post-acquisition integration did not achieve the expected results, it might cause a waste of the company's resources, including the manpower, material resources, funds, etc. invested in the early stage. It might also affect the market's expectations of the company and cause the stock price to fall. Therefore, it was difficult to determine whether it was good or bad based on the suspension of trading itself. It was necessary to pay more attention to the specific content of the trading plan and the subsequent implementation of various factors. The novel,"The Morality of the Past", is equally exciting. Everyone is welcome to click and read it!
The latest news on the reorganization of Guofeng New Materials
Guofeng New Materials was planning to issue shares and pay cash to purchase the controlling stake of Taihu Jinzhang Technology Co., Ltd., and the trading would be suspended from December 2,2024. It is expected to disclose the trading plan within 10 trading days (i.e. before December 16, 2024). If it is not disclosed on time, the company's shares will resume trading on December 16,2024 and the relevant matters will be terminated. At present, an agreement of intent has been signed with the counterparty, and the intention to purchase assets has been reached, and this matter does not constitute a major asset reorganization. The novel,"The Morality of the Past", is equally exciting. Everyone is welcome to click and read it!
Guofeng New Materials is involved in many funds
Guofeng New Materials was involved in a number of funds. For example, it planned to invest 100 million yuan in the establishment of the state-owned enterprise innovation and development fund of Hefei City. The total scale of the fund was 3.5 billion yuan, and Guofeng New Materials Company's contribution ratio was 2.86%. In addition, the Industry and Investment Group was the controlling shareholder of Guofeng New Materials Company. The Industry and Investment Group invested 7.5 billion yuan to participate in the second phase of the National Integrated Circuit Industry Investment Fund, 3 billion yuan to invest in the second phase of the National Advanced Manufacturing Industry Investment Fund, and invested in the establishment of a total scale of 5 billion yuan artificial intelligence fund and 5 billion yuan space interest fund. However, Guofeng New Materials Company suggested to consult public information, invest rationally and pay attention to risks. The novel,"The Morality of the Past", is equally exciting. Everyone is welcome to click and read it!