Known As The Benchmarking NVIDIA, 30 Billion Market Value Fell 99.7%!Domestic Chip Company Zuojiang Technology Farewell A Shares

News on July 26, once known as chip big bull stocksNVIDIARivalDomestic chipThe company Zuojiang Technology, after a roller coaster who experienced the stock price, officially ended its listing career on July 26.

The company that once created the myth of the stock market and the market value was as high as 30 billion yuan, and the final market value evaporated 99.7%, and was departed as the identity of " 1 yuan chip stock "

Zuojiang Technology was established in 2007 and was listed on the GEM of the Shenzhen Stock Exchange in 2019.

In November 2022, its holding subsidiary Chengdu North Central Capital launched the first domestic independent and controllable programmable network data processing chip (DPU) Shark NE6000 series.Rare DPU concept stocks.

However, the good times did not last long. Less than 4 years of listing, Zuojiang Technology was warned by early warning " delisting risk " and the stock abbreviation was renamed "*ST Zuojiang & Quot;.

Nevertheless, benefiting from the concept of DPU chip, its stock price once soared to nearly 300 yuan/share, with a market value of 30 billion yuan, known as the most expensive ST shares in history "

However, the scandal of financial fraud quickly smashed this myth. Since December 2023, Zuojiang's technology stock price has continued to fall, and the market value has shrunk sharply. As of July 25, the stock price has only 1.13 yuan, and the total market value has fallen to 1.15 to 1.15100 million yuan.

In January of this year, the CSRC notified Zuojiang Technology's financial information disclosed in 2023 and was seriously false and suspected of major financial fraud.

On June 28, the Shenzhen Stock Exchange issued a decision to terminate its listing. Zuojiang Technology entered the delisting period on July 8, and was delisted after the last trading day on July 26.