Huan Qiu Wang·2025-04-30 01:57Group 1 - The implementation of new delisting regulations has led to a significant number of companies on the main board facing delisting risk warnings due to net profit losses and revenues below 300 million yuan [1][3] - As of April 29, a total of 48 companies have triggered financial delisting indicators, primarily in the social services, machinery, and textile industries, indicating prolonged losses and ineffective business transformations [3] - The new regulations aim to accurately identify "shell companies" and accelerate the elimination of poor-performing firms, thereby directing capital towards stable and fundamentally sound enterprises [3][4] Group 2 - The revenue threshold for delisting has been raised from 100 million yuan to 300 million yuan, intensifying the elimination of "zombie companies" [4] - *ST Longjin serves as a typical case under the new regulations, having been suspended due to continuous losses and revenues below 300 million yuan, with its revenue hovering around 100 million yuan from 2022 to 2024 [4] - The synergy between the new delisting rules and the comprehensive registration system is becoming evident, ensuring the effective operation of the capital market's survival of the fittest mechanism [4]