Some leading stocks in the industry have been greatly reduced by shareholders. Yesterday evening, the companys controlling shareholder, Lixun Co., Ltd., and its acting in concert, one of the actual controllers and vice-chairman Wang Laisheng, reduced the holding of 130 million shares of Lixun precision with unlimited sales conditions through the block trading system of Shenzhen Stock Exchange on July 22, 2020, accounting for 1.85% of the total capital stock of lichen precision. The reduction funds are mainly used to repay the loan of Lixun Co., Ltd. and to support the capital demand of Lixun precision. The transaction details disclosed by the Shenzhen Stock Exchange show that the amount of cash withdrawal by the companys controlling shareholders is close to 7 billion yuan.
It is worth noting that at the end of last week, Lixun Precision Co., Ltd. and its controlling shareholder will invest RMB 3.3 billion to acquire 100% equity of Weichuang investment (Jiangsu) Co., Ltd. and Weixin Zitong (Kunshan) Co., Ltd. After completing the transaction, Li will be the first Chinese mainland foundry manufacturer of apple iPhone.
In the newly disclosed second quarter report of public funds, Lixun precision has been greatly increased by the fund, becoming the second largest fund position after Maotai. In the second quarter, the increase of public funds holdings in Lixun precision was the most obvious, with a total market value of more than 22.247 billion yuan, ranking first in the list of public offering funds, and the shareholding ratio also increased to 12.16% from 10.46% at the end of the first quarter.
Ten years 60 times the leading technology, growing into the king of small and medium-sized board market value
Under the influence of the above news, Lixun precision opened lower than 2% in the morning, but the decline narrowed to 0.63% by midday closing.
Lixun precision is one of the leading technology stocks in the A-share market and one of the largest bull stocks in the A-share market. According to the public information, lichen precision is a technology oriented company, focusing on the R & D, production and sales of connectors and connectors. Its products are mainly used in 3C (computer, communication, consumer electronics) and automotive, medical and other fields.
Thanks to the growth of apple and consumer electronics industry chain, the performance of Lixun precision has been growing rapidly since its listing. Its revenue has increased from 1.011 billion yuan in 2010 to 62.516 billion yuan at the end of last year, and the net profit has increased from 116 million yuan to 4.714 billion yuan at the end of last year. The average growth rate of net profit is more than 55%, and the annual net profit is growing positively.
With the continuous activity of the market in recent years, the impulse of shareholders to reduce their holdings has become more and more intense. According to the statistics of securities times and data treasure, since July, shareholders have reduced their holdings of a shares by more than 60 billion yuan.
In addition to the huge reduction of Lixun precision, the amount of reduction of Longji shares, Bank of communications, Sanan photoelectric and other stocks exceeded 1 billion yuan. Among them, Longji shares, a leading photovoltaic stock, were reduced by more than 5 billion yuan, Bank of communications was reduced by more than 2.1 billion yuan by the National Social Security Fund Council, and more than 1 billion yuan was reduced by large funds in Sanan optoelectronics.
It is found that there are many leading stocks in the industry, including technology leaders such as lucent precision, Sanan optoelectronics, Zhaoyi innovation, etc.; Longji shares in the photovoltaic industry, financial stocks, Bank of communications, Haitong Securities, etc.; Antu biology and KANGLONG Huacheng in the pharmaceutical industry, Gree Electric appliances in the home appliance industry, etc.
Compared with the reduction of shareholders, the amount of increase of shareholders is much less than 4 billion yuan. On the whole, since July, shareholders net reduction amount has exceeded 55 billion yuan, and 8 shares including Bank of Jiangsu, Masteel, Shanghai electric power, Foshan Lighting, Sichuan Road and bridge, Jiaozuo Wanfang and Shenzhou high speed railway have increased by more than 100 million yuan.
There are more than 110 stocks with net reduction of more than 100 million yuan. The net reduction amount of individual shareholders such as Lixun precision, Longji, Gree Electric Appliance, Bank of communications, Zhaoyi innovation and Sanan optoelectronics exceeded 1 billion yuan, while that of 9 shareholders including giant network, Tianqi lithium and Zhongji xuchuang exceeded 500 million yuan.
It is worth mentioning that the reduction seems to have little effect on the stock price. For example, since July, the stock price of Lixun precision has risen by more than 11%, and Longji shares have risen by nearly 18%. Analysts pointed out that for individual stocks with fundamental support, the trading activity of relevant individual stocks may be further enhanced after the reduction of major shareholders, and the share price may be further stimulated after the reduction is digested, thus forming a trend of reducing holdings and increasing stock prices all the way.
Since July, the amount of reduction plan is nearly 100 billion yuan
More cuts may still be on the way. According to data bank statistics, since July, more than 270 stocks have issued plans to reduce shareholders holdings. According to the latest closing price and the upper limit of the reduction plan, the cumulative planned reduction amount is close to 100 billion yuan.
On the evening of July 9, the peoples Insurance Corporation of China announced that the national social security fund intends to reduce its A-share holdings of no more than 884 million shares, no more than 2% of the companys total share capital, and the corresponding market value will exceed 6.6 billion yuan according to the latest price. In addition, 17 individual shareholders, such as Shenxin, Dongfang fortune and Bank of Ningbo, intend to reduce their holdings by more than 1 billion yuan.
Source: Securities Times editor in charge: Yang Qian_ NF4425