ST Dongyuan (now renamed “Oriental Garden”), a major player in water environment governance, municipal landscaping, and tourism development, saw its shares surge after removing delisting risk warnings. Following a one-day trading suspension on May 28, the stock resumed trading on May 29 with a 10% price limit and promptly hit the daily upside limit on May 30. The removal of risk alerts marks a significant turnaround for the company, which had previously faced financial uncertainties.
Similarly, *ST Youshu (rebranded as “Youshu”) successfully exited its special treatment status after receiving approval from the Shenzhen Stock Exchange. The company, specializing in cross-border e-commerce and software/hardware sales, resumed trading on May 13 with a 20% price fluctuation limit—maintaining its ChiNext board classification. Investors welcomed the news, driving shares up nearly 14% on the relisting day and another 10% on May 14, reflecting renewed confidence in the firm’s restructured operations.
The strong post-relisting performances of both Oriental Garden and Youshu highlight improving market sentiment toward companies that address their financial or operational deficiencies. While Oriental Garden transitions to a standard 10% daily limit, Youshu retains the ChiNext’s 20% limit—a distinction reflecting their different board listings. These cases demonstrate how effective corporate turnarounds can reignite investor interest, though analysts caution that sustained performance will depend on fundamental improvements rather than short-term technical rebounds.
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