China Shandong Airlines officially delisted on Monday (July 10), announcing the 23 -year listing process.Shanhang has also become China's first airline to be forcibly delisted.
Comprehensive Jinan Times and Beijing Daily reported on July 11 that Shanhang issued an announcement on Sunday afternoon that the company's stock was terminated and delisted: the company's stock has been decided to terminate the listing by the Shenzhen Stock Exchange.Entering the delisting period on the 15th, the final trading day was July 7.
The announcement explained that Shanhang Co., Ltd. was negatively valued at the net assets at the end of the audit period in 2021. It was a warning of delisting risk from April 1, 2022.On April 29 this year, the company disclosed the first annual report after the stock transaction was implemented by the risk of delisting. The net assets of Shanhang shares in 2022 were -7.807 billion yuan (RMB, the same below, approximately -1455 billion new new new assets (RMB, the same below, approximately -1.455 billion new new new new new, about -1.455 billion new new new new.Yuan), it has touched the stock termination of stocks stipulated in the Shenzhen Stock Exchange.
The operating income of Shanhang Co., Ltd. mainly comes from the air transport transportation business, and the changes in performance are in line with the development of the industry.In 2021, Shanhang Group and Shanhang Co., Ltd. have fallen into the dilemma of non -debt.From 2020 to 2022, Shanhang lost 2.382 billion yuan, 1.814 billion yuan, and 6.907 billion yuan, respectively, and the three -year loss exceeded 11 billion yuan.In the first quarter of 2023, Shanhang's operating income was 3.884 billion yuan, equivalent to 82%in 2019, with a net loss of 471 million yuan.
According to reports, Shanhang is the first local airline in Shandong Province. It is formerly Shandong Airlines Co., Ltd., which is headquartered in Jinan.
As an old -fashioned provincial airline, Shandong Airlines has been brilliant.In the 1990s, the Chinese government's establishment of airlines had a high interest. A group of local airlines came into being during this period. Among them, Shenzhen Airlines, Hainan Airlines, and Shandong Airlines once became the best among them.
Reporting pointed out that Shandong Airlines is more "out of the industry" in the industry. It has entered the top ten of the large -scale airlines in the Asia -Pacific region in 2019,First; in February 2023, Shanhang continued to rank first with a quasi -point rate of 96.27%.Some netizens also call it "Lightning Airlines", "Harduya Shanhang" and "Delay Insurance Terminator".
In the past three years, the epidemic has caused a huge impact on the aviation industry. Shandong Airlines also face problems such as decline in revenue, financial pressure, and decreased passenger demand.The report quoted the experts of the China Civil Aviation High -quality Development Research Center.After the opening of the Beijing -Shanghai high -speed rail, the time from Beijing to Jinan and Qingdao and other tourist cities was shortened to 1.5 hours and 3 hours. The high -speed rail had strong alternatives.
