The restructuring of listed companies in 2025 is coming to an end, and 14 listed companies that have been accepted by the courts for restructuring are entering the implementation stage of the restructuring plan one after another. Since the transfer of capital reserves to increase share capital during the restructuring process is a commonly used solution, and the transfer ratio is often high, the risk of stock exclusion caused by this also became apparent. Recently, a number of listed companies issued risk warning notices where stock prices were drastically lowered. Investors may face a “successful restructuring, but the market value of their positions shrinks.” Industry insiders said that the vast majority of the 14 listed companies that have taken the “roadmap” for restructuring this year will be excluded. There are significant differences between the different cases as to whether there can be a rectification market after the exclusion. Investors need to focus on the details of the restructuring plan and the potential to improve the company's fundamentals, rationally evaluate their risk tolerance, and not blindly follow the trend of high-restructuring concept stocks.

The restructuring of listed companies in 2025 is coming to an end, and 14 listed companies that have been accepted by the courts for restructuring are entering the implementation stage of the restructuring plan one after another. Since the transfer of capital reserves to increase share capital during the restructuring process is a commonly used solution, and the transfer ratio is often high, the risk of stock exclusion caused by this also became apparent. Recently, a number of listed companies issued risk warning notices where stock prices were drastically lowered. Investors may face a “successful restructuring, but the market value of their positions shrinks.” Industry insiders said that the vast majority of the 14 listed companies that have taken the “roadmap” for restructuring this year will be excluded. There are significant differences between the different cases as to whether there can be a rectification market after the exclusion. Investors need to focus on the details of the restructuring plan and the potential to improve the company's fundamentals, rationally evaluate their risk tolerance, and not blindly follow the trend of high-restructuring concept stocks.