Recently, several A-share companies have been removed from their star ratings and labels.

In fact, several A-share companies have recently been removed from their star ratings and labels. According to incomplete statistics, since May, companies such as Jiuzhitang, Tianbang Food, Shandong Molong, and Yongyue Technology have been removed from the ST list. ST Ningke achieved “star removal”, changing from *ST to ST. Companies such as Hengyu Xintong, Xinning Logistics, Wentou Holdings, Tianchuang Fashion, and Ligong Navigation have “removed their stars and labels”, and have been delisted from *ST.

The announcement shows that the company’s 2023 annual audit report indicates that the audited owner’s equity attributable to shareholders of the listed company at the end of 2023 was negative. Due to the violation of Article 10.3.1, Paragraph 2 of the “Stock Listing Rules of the Growth Enterprise Market of Shenzhen Stock Exchange” (hereinafter referred to as the “Growth Enterprise Market Listing Rules”), which stipulates that “(2) The audited net assets at the end of the most recent accounting year are negative”, the company’s stock has been subject to delisting risk warning since the opening of the market on April 29, 2024.