Will Zhongxin Travel Stock be delisted?

Will withdraw from the market. A few days ago, on June 14, Caesars Tourism and Zhongxin Tourism announced at the same time that Caesars Tourism planned to absorb and merge Zhongxin Tourism by way of share swap, raising matching funds of1700 million yuan. After the transaction was concluded, the two parties merged and Zhongxin Tourism delisted from A shares.

Zhongxin Tourism Group Co., Ltd. was incorporated in Beijing Administration for Industry and Commerce on June 65438+March 2008. It used to be Beijing Zhongxin International Travel Service Co., Ltd. .. The legal representative is Jian Cao, and its business scope includes inbound tourism business; Domestic tourism business; Outbound tourism business, etc.

The business of Zhongxin Tourism Group has expanded from outbound travel to "tourism+"outbound service, realizing the effective transformation of "users+channels+resources" among various businesses, and initially building a large ecosystem of Zhongxin Tourism Group's outbound service. The group's business covers outbound travel wholesale, retail and business awards, as well as "tourism+"outbound services such as home purchase, study tour and overseas education, and outbound finance.

Mainly engaged in outbound tourism wholesale and retail business, as well as business awards business. The company integrates various elements of the outbound travel industry chain, such as air tickets, hotels, visas, cruise ships, overseas transportation, overseas reception services, etc. The business destinations cover Europe, Oceania, Africa, Middle East, America, Asia, South and North Pole and other major global destination countries and regions.

20 14 made a strategic investment in Youyou Travel Network, strengthened the offline resources of outbound travel product line and online channels including mobile terminals, and realized the comprehensive O2O resource integration of traditional wholesale and online retail, offline stores and online resources.

Delisting means withdrawing from the secondary trading market and not listing on the main board market. After the introduction of the new delisting rules, there are currently four delisting standards: transaction, finance, regulation and major violation. Before the stock is delisted, the listed company will make an announcement in advance, and generally receive a notice one or two months before the delisting. There are two situations after the delisting of listed companies:

First, after delisting, it is transferred to the stock transfer system, which is also commonly known as the "three boards" of stocks. Third board trading is not active. Companies with positive net assets generally trade five times a week. Companies with negative net assets have 35 transactions per week/kloc-0; If the undisclosed annual report is delisted, it will be traded once every Friday.

Second, the company will go to the third board market after it declares bankruptcy and delisting. However, after retiring to the third board, it may be merged by the parent company or new capital, thus returning to the main board market after reorganization. For investors, the investment value of delisted stocks is not high, and they can be sold as soon as possible during the delisting period, so as not to miss the investment opportunities of other stocks.