Core Viewpoint - Jiyou Holdings has received a notice of termination of listing due to its stock price being below 1 yuan for 20 consecutive trading days, with a current stock price of 0.21 yuan and a total market value of 140 million yuan [1] Group 1: Company Background - Jiyou Holdings was originally known as Shuanglong Co., which produced white carbon black, a functional material used in various fields including national defense [1] - The company transitioned into the pharmaceutical industry in 2014 by acquiring Jinbao Pharmaceutical for 1 billion yuan, marking its entry into the healthcare sector [3][4] Group 2: Financial Performance - From 2014 to 2016, Jiyou Holdings experienced revenue growth from 300 million yuan to 700 million yuan, with net profit increasing from under 50 million yuan to over 100 million yuan [4] - In 2019, the company achieved its highest revenue of over 1 billion yuan but also reported its first loss since going public, with a net profit loss exceeding 1.7 billion yuan [5][7] - The company’s asset-liability ratio increased significantly from 38% in 2017 to 87% in 2019, indicating deteriorating financial health [5][7] Group 3: Acquisition Attempts and Challenges - Jiyou Holdings attempted to acquire Xiu Zheng Pharmaceutical in July 2019, but the deal was terminated shortly after, leading to significant public relations issues [6] - Since 2019, the company has not reported any profitable years, accumulating nearly 3 billion yuan in losses [7] Group 4: Legal and Operational Issues - The company faced multiple lawsuits due to overdue debts and guarantees, resulting in frozen bank accounts and assets [7] - In 2022, the former chairman and a vice president were arrested for alleged job-related crimes, further complicating the company's operational stability [8] Group 5: Bankruptcy Proceedings - In 2023, Jiyou Holdings applied for bankruptcy reorganization, but the court terminated the pre-reorganization process due to the failure of the proposed plan, increasing the risk of delisting [9]

*ST金科: 关于参股公司股票拍卖进展及相关拍卖事 项的提示性公告 金科地产集团股份有限公司 证券简称：*ST 金科 证券代码：000656 公告编号：2025-045 号 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 重要提示： 司法重整工作需要，公司持有并质押给 Broad Gongga Investment Pte. Ltd. （以下简称"博裕资本"）的参股公司金科智慧服务集团股份有限公司（以下 简称"金科服务"）107,797,875 股股票在淘宝网阿里资产破产拍卖平台上进行 了第一次拍卖（以下简称"首次拍卖"）、第二次拍卖（以下简称"二次拍卖"）、 第三次拍卖（以下简称"三次拍卖"），因标的股票在规定时间内无人出价， 导致首次拍卖、二次拍卖、三次拍卖均已流拍。上述股票将于 2025 年 3 月 29 日 17:00 至 2025 年 3 月 30 日 17:00 在淘宝网阿里资产破产拍卖平台上进行第 四次拍卖（以下简称"四次拍卖"）。 股份有限公司（以下简称"东方雨虹"）、重庆中讯金通投资（集团）有限公 司（以下简称"中讯金通"）的参股公司金科服务 ...