Since the implementation of the new delisting rules, the first company has sounded the delisting alarm

Jinshi data news on November 3rd, the first listed company to sound the delisting alarm since the official implementation of the delisting new regulations on October 30th, the company is *ST Boxin. As of the close of trading on November 1st, the Market Cap has fallen below 500 million yuan, to 4.99 billion yuan, becoming the lowest Market Cap company in A shares at present. According to the new regulations, if a listed company has a total Market Cap of less than 500 million yuan for 20 consecutive trading days on the Shanghai Stock Exchange, the exchange will decide to terminate the listing of the company’s stock. The above situation belongs to the category of mandatory delisting for trading. Statistics show that as of November 1st, there are 51 A-share companies with Market Cap below 1 billion yuan, and 11 companies on the Shanghai and Shenzhen main boards have Market Cap below 1 billion yuan, most of which are ST-type companies.