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the loss of control of official seals and licenses of listed companies triggered a scramble among the management team, and the stock price was halved!

2024-09-05

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[#a listed company issued an announcement stating that its official seals and licenses were out of control#! #a listed company’s new and old teams competed for employees and were issued a regulatory letter#, and its stock price has been nearly halved this year] on the evening of september 4, gengxing co., ltd. announced that “as of now, the relevant personnel of the company’s original management have not yet handed over the company’s seals and licenses to the relevant personnel of the company’s current management. the company’s seals and licenses are out of control, causing a continuous adverse impact on the company’s normal operations.” on september 4, the shanghai stock exchange issued a regulatory work letter to gengxing co., ltd. regarding matters related to official seals and licenses.

in addition to the official seal, the new and old management teams also started a "competition" over the old employees of the listed company. according to previous reports, due to the inability to enter the original office location of the listed company, zhejiang haixin issued a notice in the wechat group of gengxing shares employees on the morning of august 29, suggesting that employees go to the designated office location to work. the day after the notice was issued, half of the employees had gone to the location designated by zhejiang haixin to work, but the group was immediately disbanded by the original management team. on september 2, the original management team issued a notice using the remaining official seals in their hands, requiring employees to return to their original offices. employees who do not return to work will be regarded as absenteeism by the original team. at the close of september 4, gengxing shares fell 2.1%. since 2024, the company's stock price has fallen by more than 50%. (daily economic news)