BORUNTE 430394 Ushered in Its End

Apr 13, 2023

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On May 9, 2008, Yin Rongzao, who was only 28 years old, jointly invested with Yang Yihua, Deng Gongzhao, and He Yingming to establish Dongguan Bo langte Automation Technology Co., Ltd.

On September 4, 2013, Pan-China Certified Public Accountants verified the paid-in capital of the joint stock company, and Dongguan Bo langte Automation Technology Co., Ltd. was changed to Guangdong Bo langte Intelligent Equipment Co., Ltd

On January 24, 2014, 430394 was officially launched

In 2015, BORUNTE's revenue reached 130 million yuan. In 2016, reached 210 million yuan

At the end of 2016, with the establishment of BORUNTE integrator mode, BORUTNE's revenue reached 360 million in 2017, 450 million in 2018, 530 million in 2019, and 590 million in 2020. Keep in a powerful upswing

However, Wind will damages the flourishing trees in the forest. The audit authority who have served BORUNTE for 10 years, take its action...

On April 7, 2021, Pan-China Certified Public Accountants issued an audit report with “Unable to express opinions” on the 2020 annual report

On April 12, 2021, National Equities Exchange and quotations implemented a risk warning for BORUNTE, "BORUNTE" changed to "ST BORUNTE"

On November 28, 2022, ST BORUNTE received a decision to terminate the listing of the National Equities Exchange and quotations

On November 30, 2022, BORUNTE submitted a review application to National Equities Exchange and quotations, which has accepted it on December 5

On march 24, 2023, the National Equities Exchange and quotations issued the "Decision on Maintaining the Termination of Listing of the Shares of BORUNTE Robot Co., Ltd." . The listing of BORUNTE shares was resumed on March 30, 2023, and terminated on April 14, 2023

The closing price on the last trading day of delisting on April 13, 2022 is 2.21 yuan

 

BORUNTE

 

 

430394, ushered in its end

Although 430394 is ended, BORUNTE’s story is still being continued

On June 8, 2021, despite BORUNTE being ST, BORONTE still distributed a cash dividend of 92.25 million yuan to all shareholders

On August 17, 2022, BORUNTE distributed a dividend of 49.5 million yuan to all shareholders

On February 2, 2023, the BORUNTE shareholders' meeting approved the plan to transfer the shares held by Huacheng to all shareholders

On March 22, 2021, BORUNTE only received orders with 100% prepayment from integrator

On November 1, 2021, BORUNTE adjusting the single dayoff to double dayoff for employees, but the total monthly salary remains unchanged

On November 25, 2022, the payment method for BORUNTE suppliers was all revised to "cash transfer for current month settlement"

On December 26, 2021, BORUNTE take 100% litigation against the unpaid BORUNTE integrator

December 26, 2022, BORUNTE officially launched the "era of production according to demand"

On March 9, 2023, the "BORUNTE Litigation ‘Pan-china’ " was heard in the Dongguan NO.2 People's Court.

But due to Pan-China Certified Public Accountants only had two acting lawyers present in court,

the judge did not respond to the inquiry regarding the facts of the case in court,

and further trial is needed in this case...

BORUTNE's experience of listing on the NEEQ in recent 10 years has improved its governance structure and formed BORUNTE's business logic of common prosperity

Ambassador comrade and BORUNTE are still 100 % believe the return of the "430394"