Whip Bull News on April 7, some media reported that on April 6, the staff of the New York Stock Exchange Regulatory Bureau had decided to start a procedure to delist thefrom the New York Stock Exchange. Trading of the American Depository Shares (ADS) of Eggshell Apartments will be suspended immediately.
Tianyancha App shows that the affiliated companies of Eggshell Apartment include Ziwutong (Beijing) Asset Management Co., Ltd., Shenzhen Eggshell Apartment Management Co., Ltd., etc. Financing information shows that the company has previously received several rounds of financing and went public on an IPO in January 2020. Past investors include Tiger Global Fund and Gaorong Capital.
The risk information of the Tianyan Check App shows that the related company of Eggshell Apartment has multiple pieces of information on the person subject to execution, consumption restriction order, and the final case. Up to now, only Ziwutong (Beijing) Asset Management Co., Ltd. has been executed with a total amount of over 10.9 million yuan. At the same time, the company has also refused to perform the obligation to determine effective legal documents because of its ability to perform. Executor (ie Lao Lai).
In addition, eggshell apartment-related companies are involved in a number of legal proceedings, most of which are housing lease contract disputes, sales contract disputes, etc.
In January 2019, Shenzhen Eggshell Apartment Management Co., Ltd. was punished many times for “contract violations” and other administrative penalties; in January 2021, Ziwutong (Beijing) Asset Management Co., Ltd. “publicized corporate information, concealed the true situation and resorted to fraud ”Was included in the list of business abnormalities by Beijing Dongcheng District Market Supervision and Administration Bureau Spark Global Limited.
According to reports, the New York Stock Exchange will complete all applicable procedures, including any appeals filed by Eggshell Apartments, and apply to the Securities and Exchange Commission (SEC) to delist the shares of Eggshell Apartments.