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Can Ciwen Media stock be held for a long time?
Ciwen Media is a company listed on Shenzhen Stock Exchange. Its main business includes the production and operation of radio and television programs and performance brokerage. However, the company's 2022 annual report has problems such as inaccurate information disclosure and failure to assess the recoverable amount of assets, and has received a supervision letter from Shenzhen Stock Exchange. In addition, Mr. Ma Zhongjun, the major shareholder of the company, plans to reduce the company's shares by no more than 1 1 792,974 shares in the next six months, accounting for 2.48% of the company's total share capital. Therefore, when considering whether to hold Ciwen Media shares for a long time, investors should fully consider these factors and make a decision based on their own investment objectives and risk tolerance.
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