ST Company year-end sprint to "protect the shell," "multiple points of bloom" to mitigate delisting risk
As the end of the year approaches, *ST Dongyi has obtained court approval for its restructuring plan, which, if executed smoothly, will improve its asset-liability structure and increase the probability of "shell protection." The company is also mitigating delisting risks through mergers and acquisitions, divesting loss-making businesses, and debt restructuring. The regulatory authorities' "zero tolerance" attitude complicates the game between capital and rules, and the methods for listed companies to resolve delisting risks are shifting from "technical operations" to "substantive improvements."
Wallstreetcn·