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Can Guo Shuang Technology still be listed?
On June 2, 2020, Guo Shuang released its financial performance report for fiscal year 20 19, saying that the company recorded revenue of 327 million yuan, which was nearly 24% lower than 43 10/00000 yuan in the same period of 20 18, and the net loss attributable to shareholders was 538 million yuan, which was 5.5% higher than that of 20 18. However, in the secondary market, the company's share price soared to a height of 37.27% at the opening on June 3, and although it was adjusted back later, the final closing increase still reached 13.03%. The trading volume of 5.869 million shares on that day was nearly 2.7 times larger than that of the previous trading day. Behind the stock price changes, there are still consistent low expectations. The performance in the next quarter will improve, and the blessing of privatization opportunities is driving.
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