CNY Emergency's Stock Plummets 20% After Being "Caped" Today, Market Value Falls Below 10 Billion Yuan!

　　Glorious Times August 1st｜CNY Emergency (300527.SZ) today opened down 20cm and stabilized at 10 yuan, with market value falling below the 100 billion yuan threshold.

　　According to reports, CNY Emergency is facing a case of administrative punishment for violating information disclosure regulations. The China Securities Regulatory Commission's Hubei Branch has decided to impose administrative penalties on the company and relevant responsible persons. As a result, the company's stock will be subject to other risk warnings, with its stock abbreviation changing from "CNY Emergency" to "ST Emergency".

　　By reviewing previous announcements, CNY Emergency had previously received warning letters from Hubei Securities Regulatory Commission in September 2023 due to differences between the 2022 report and performance forecast data; again, due to inaccurate income confirmation and bad debt accounting, it received a warning letter in December 2023.