Withdrawal from the market Huaye withdrew from the market and the funds did not come out.

During the delisting period, investors can choose to sell their own company shares, but they can't buy company shares. If the investors of Shanghai Stock Connect choose to continue holding, they may not be able to transfer after entering the share transfer system.

After delisting, you are still a shareholder of the company and enjoy the original rights and obligations, but the shares in your hands are no longer circulating. If you don't want to continue to be a shareholder, you can choose to sell the company's shares on the delisting board. Shareholders of delisting companies must first open a share transfer account, go through the procedures of share confirmation and custody transfer, and then stop loss. The delisting consolidation period is 30 days. If you want to sell your stocks, you need to go to the brokerage counter to open the trading authority of this board.

Reasons for Huaye's delisting:

1. First, there are significant risks and irregularities in the company's debt investment business. From 2065438 to September 2008, the risk of corporate debt investment business began to break out. The company's accounts receivable from Hengyun Medicine controlled by its second shareholder Li Shilin in different forms totaled101890,000 yuan. The relevant underlying debtors denied the existence of debt transactions and believed that the official seal on the relevant documents was forged.

2. Second, the company has a number of information disclosure violations such as illegal guarantees. In 20 18, the subsidiary Jieer Medical provided guarantees for Li Shilin, Hengyun Medicine and other related parties in violation of regulations for many times, involving an amount of171300 million yuan, and thus involved many guarantee lawsuits. The internal control audit of the company in 20 18 was issued with a negative opinion due to major defects such as illegal guarantee and fraud in the debt investment business.

3. Third, the company's fundamentals deteriorated, and its ability to continue operations was basically lost. At present, the company's main business is basically stagnant and its liquidity is basically lost. Some assets and bank accounts have been applied for judicial freezing by creditors, and 500 million yuan of short-term financing and 65.438+346 billion yuan of corporate bonds have defaulted. In 20 18, the company lost 6.438 billion yuan in net profit, 5.049 billion yuan in the first three quarters of 20 19, and its net assets were-4.820 billion yuan, basically losing its ability to continue operations.