Zuojiang Technology delisted, share price fell to one yuan

Zuojiang Technology, once known as the "rival of Nvidia", once created a stock market myth by riding on the concept of DPU chips, but now it has reached the end of its listing as a "1 yuan chip stock". Zuojiang Technology was founded in August 2007 and positioned itself as a software and hardware solution provider and software and hardware platform supplier in the field of information security. It was listed on the Shenzhen Stock Exchange's Growth Enterprise Market on October 29, 2019, with an issue price of 21.48 yuan per share, 17 million new shares were publicly issued, and the total market value was 2.3 billion yuan the next day. However, due to changes in the market environment and its own operating problems, Zuojiang Technology's stock price fell all the way and eventually fell to one yuan.