Why was Great Wall Animation suspended?
Recently, the suspension of trading of Great Wall Animation (stock code: 000835) has attracted widespread attention from the market and investors. As a company with the animation industry as its core, the reasons for the suspension of Great Wall Animation and its subsequent development have attracted much attention. This article will conduct a structured analysis of the reasons, background and possible impacts of Great Wall Animation's suspension based on hot topics and hot content across the Internet in the past 10 days.
1. Analysis of reasons for trading suspension

According to public information, Great Wall Animation’s suspension mainly involves the following aspects:
| Reason Category | Specific instructions | Source of information |
|---|---|---|
| Major asset restructuring | The company plans to plan a major asset reorganization, which may involve equity changes or business adjustments. | company announcement |
| financial risk | The company's performance in recent years has been poor and there is debt pressure, which may trigger a trading suspension to avoid risks. | Financial media analysis |
| regulatory inquiries | If the exchange inquires about the company's information disclosure or financial data, it must suspend trading for verification. | Exchange announcement |
2. Company background and recent developments
Great Wall Animation was established in 1994. Its main business covers animation production, game development and derivatives sales. However, the company's performance in recent years has been unsatisfactory:
| Year | Operating income (100 million yuan) | Net profit (100 million yuan) | key events |
|---|---|---|---|
| 2020 | 1.23 | -0.45 | debt default |
| 2021 | 0.98 | -0.62 | asset sale |
| 2022 | 0.76 | -0.38 | Management changes |
3. Market reaction and investor concerns
After the announcement of the trading suspension, the market made various speculations about the future direction of Great Wall Animation:
1.Possibility of restructuring:If the company successfully introduces strategic investors or completes asset restructuring, it may reverse its operating difficulties.
2.Delisting risk:Continuous losses and debt problems may cause the company to trigger delisting conditions.
3.Industry competition:The animation industry has an obvious head start effect, and Great Wall Animation lacks core IP competitiveness.
4. Industry comparison and similar cases
Compared with its peers, Great Wall Animation’s suspension is not an isolated incident. The following is a comparison of suspension cases in the animation industry in recent years:
| Company name | trading suspension time | Reason for trading suspension | Follow-up results |
|---|---|---|---|
| Aofei Entertainment | March 2021 | Major asset restructuring | Share price rose 15% after resumption of trading |
| Huayi Brothers | July 2022 | debt crisis | Introduce state-owned shareholders |
5. Summary and Outlook
The suspension of Great Wall Animation not only reflects the company's own operating pressure, but also reflects the volatility of the animation industry in the capital market. The following points need to be paid attention to in the future:
1.Reorganization progress:If the reorganization is successful, it may bring new development opportunities to the company.
2.Policy support:The state's support policies for the cultural industry may be beneficial to the company's transformation.
3.Investors should:The short-term risks are high, so it is recommended to pay close attention to the announcement information.
Overall, the suspension of Great Wall Animation is the result of multiple factors, and its subsequent development still needs time to be verified.
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