Core Viewpoint - The company Gongzhitu (000584) has entered the delisting arrangement period, with its stock price plummeting over 84% during trading on June 20, 2025, alongside a significant increase in trading volume [1][2]. Company Summary - Gongzhitu, officially known as Jiangsu Harbin Institute of Technology Intelligent Robot Co., Ltd., primarily engages in intelligent manufacturing, focusing on the industrial robot sector [4][5]. - The company has been involved in the full industrial chain layout of industrial robots, including high-end intelligent equipment manufacturing and the production and sales of industrial robot bodies [4]. - The company provides advanced intelligent flexible production lines for various industries, including automotive, new energy, and medical equipment [4]. Delisting Reasons - The Shenzhen Stock Exchange decided to terminate the company's stock listing due to the issuance of an audit report with a disclaimer of opinion for the 2024 financial year, indicating significant issues with the company's financial reporting and internal controls [5]. Recent Market Trends - Recently, multiple companies entering the delisting arrangement period have experienced severe stock price declines, particularly on the first day of the arrangement [6]. - For instance, Longjin (002750) saw a 36.28% drop on its first day in the delisting arrangement period, while other companies like Longyu (603003) and Pengbo (600804) also faced significant declines of 35.16% and 62.90%, respectively [7][8]. Upcoming Delistings - Companies such as *ST Jiuyou (600462) and *ST Hengli (000622) are scheduled to enter the delisting arrangement period on June 24 and June 25, 2025, respectively, with their final trading dates expected in mid-July 2025 [9].
闪崩!暴跌超84%