2020 “Yinhua Fund Cup” Sina bank financial planner competition, hot registration. From now on to September 7, you will receive free gift packages worth more than 700 yuan from Guan Qingyou, Luo Yuanshang and Chen Kaifeng. < / P > < p > * ST Yida announced in the afternoon of August 16 that the company received the notice on Approving the application for resumption of listing of Shanghai ZhongYiDa Co., Ltd. from the Shanghai Stock Exchange on August 10. According to the arrangement, the company’s shares will resume trading on the Shanghai Stock Exchange on August 17, and the opening reference price of the company’s a shares on the first day of resumption of listing is 3.26 yuan / share. < p > < p > * ST Yida, whose full name is ZhongYiDa, has exploded since 2017. It has not only lost contact with senior executives and out of control subsidiaries, but also changed performance and financial fraud. Finally, it was suspended from listing in July 2019. A year later, it came back. < p > < p > according to the announcement, * ST Yida’s resumption of listing is A-shares and B-shares, of which 376 million are A-shares and 360 million are B-shares. On the first day of resumption of listing, the company’s A-share stock is referred to as “NST Yida”, and B-share stock is referred to as “NST Yida B”. There is no limit on the first day of resumption of trading. < / P > < p > from the next day after the resumption of listing, the abbreviations of A-shares and B-shares of the company were changed to “St Yida” and “St Yida B”. The stocks were traded on the risk warning board, with daily limit of 5%. < p > < p > * ST Yida specially reminds that the company currently has the risk of macroeconomic fluctuation, liquidity risk and loss of major operating assets, the risk of increasing litigation cases of small and medium shareholders, the risk of contingencies caused by the theft of the company’s license seal during the loss period, the risk of integration, and the risk of stock price fluctuation. Therefore, investors should pay attention to the investment risk. < p > < p > from January 13 to February 3, 2016, within 13 trading days, * ST Yida realized 10 limits, with a cumulative increase of 119.4%, which was far better than the market performance at that time. On February 19, 2016, ZhongYiDa rose to 22.38 yuan in the trading session, with its share price reaching a record high. However, the stock price of * ST Yida began to decline continuously. At the same time, the company’s fundamentals began to “lose out” in 2017. < / P > < p > since November 2017, the headquarters and subsidiaries of * ST Yida company have been broken in capital chain, unable to pay employees’ wages, loss of contact with main management personnel, and outbreak of employee resignation. Subsidiaries of listed companies have successively lost control and their main business has gradually stagnated. < / P > < p > at the same time, the company’s financial reports for two consecutive years in 2017 and 2018 have been indicated by auditors that they are unable to issue audit opinions. According to relevant regulations, the Shanghai Stock Exchange has decided to suspend the listing of * ST Yida’s a shares and B shares from July 19, 2019. Moreover, * ST Yida has become the first listed company in Shanghai to be punished for illegal information disclosure. < p > < p > * ST Yida explained that due to the loss of control over Xiamen ZhongYiDa, Xinjiang ZhongYiDa, Shenzhen ZhongYiDa, Guizhou ZhongYiDa and Yingtan ZhongYiDa in 2018, all the main businesses were in a stagnant state, and the whole company was in an abnormal state. < p > < p > in order to completely solve the difficulties faced by the company’s operation, * ST Yida reorganized the board of directors and the board of supervisors, and appointed a new management. The new controlling shareholder is Xinda securities industrial bank Xinda Xingrong No.4 collective asset management plan, and Cinda securities, as the manager of the asset management plan of the controlling shareholder, exercises shareholder rights on behalf of it. By the end of 2019, * ST Yida has disposed of all the subsidiaries that have lost control. < p > < p > although the change of control is due to the judicial disposal after the default of the pledge financing of Dashen group, the former controlling shareholder of * ST Yida, it is indispensable for * ST Yida to resume listing of Cinda securities, and the most important step is merger and acquisition. < / P > < p > in November 2019, * ST Yida completed the acquisition of 100% equity of Chifeng Ruiyang at a transaction price of 760 million yuan (borrowed no more than 659 million yuan from Wengfu group to acquire Chifeng Ruiyang, and then pledged 100% equity of Chifeng Ruiyang to Wengfu group). < / P > < p > the data shows that the audited non net profit of Chifeng Ruiyang in 2019 is 85.7201 million yuan, and the realization rate of profit commitment is 103.28%. Meanwhile, * ST Yida achieved a net profit of 25.984 million yuan in 2019. However, Chifeng Ruiyang still has two years to bet on. *St Yida said that after the acquisition of Chifeng Ruiyang, the company’s main business changed into the production and sales of fine chemical products, and the company’s continuous profitability was significantly improved. In the future, the company will continue to adjust and improve its business, finance, personnel, organization and other aspects. However, since the company has no chemical industry operation experience before, the company’s operation management and business integration are still facing challenges. If the company’s future integration effect is not good, it fails to effectively control Chifeng Ruiyang, or fails to maintain the stability of Chifeng Ruiyang’s management team and core personnel, it will have adverse effects on the long-term stable development of the company. By the end of the first quarter of 2020, the number of shareholders of * ST Yida was nearly 70000, nearly 20000 more than that at the end of the first quarter of 2019 (suspension of trading at the end of April). < p > < p > in fact, before the suspension of the listing of * ST Yida, many investors bought it, and the stock rose sharply during the period. However, these shareholders can bet on the treasure? < p > < p > judging from the performance of the st plate during the suspension period of * ST Yida, its share price may face pressure tomorrow. From April 30, 2019 to August 14, 2020, the cumulative decline of the st sector index is 29.67%. However, some people in the market believe that * ST Yida will resume listing after restructuring and rely on Cinda. It has imagination space and should attract the attention of some funds.