Changyao Holdings touches a 20cm fall stop, with an annual pre-loss net asset value of negative.

Jinshi data news on January 24, Changyao Holdings once touched the 20cm limit down, now reported at 4.06 yuan, with a total market capitalization falling below 1.5 billion yuan. According to the news, the company expects a vesting net loss of 500 million to 750 million yuan for the full year of 2024, and expects the net assets at the end of 2024 to be negative. The company is expected to make provisions for asset impairment losses and credit impairment losses of around 673 million yuan this year. In addition, the company has initiated pre-reorganization, but the possibility of entering the reorganization process is uncertain. If the court accepts the reorganization application, the company’s stock trading will be subject to delisting risk warnings.