6.819 billion! The eight companies on the science and Technology Innovation Board will reduce their holdings the next day after the ban is lifted

category:Finance
 6.819 billion! The eight companies on the science and Technology Innovation Board will reduce their holdings the next day after the ban is lifted


Western superconductor to be reduced by 14%

Generally speaking, the companies with high proportion of shares to be reduced in the total share capital of the company are western superconductor (no more than 14%), rongbai Technology (no more than 11.95%), Wald (no more than 9.08%), Guangfeng Technology (no more than 9%) and Jiayuan Technology (no more than 7.87%). The proportions of the other three companies are: Lexin technology is no more than 3%, Hanchuan intelligent is not more than 3% More than 3% and 1.49% respectively.

Wald has 3 natural persons, including 2 core technicians

It is worth noting that there are also three natural persons in Walds reduction subjects. They are Tang Wenlin, director, deputy general manager and key technical personnel of the company, Zhang Zongchao, director, deputy general manager and core technical personnel, and Li Shuhui, deputy general manager and chief financial officer of the company. The shares to be reduced by the three persons account for 0.56%, 0.53% and 0.59% of the total share capital of the company respectively. The reasons for the reduction are personal capital needs.

Reduction mode: centralized bidding + block trading

In fact, there are five ways to reduce the initial shares: centralized bidding transaction, block trading, agreement transfer, non-public transfer and allotment. Among them, the non-public transfer and allotment are the new ways to reduce the holdings on July 3, which are specifically for the reduction of the scientific and technological innovation board.

However, both the agreement transfer and the allotment are aimed at large-scale reduction of more than 5%. The threshold for the exclusive non-public transfer of the science and technology innovation board has been reduced to 1%, but the transferee can not transfer it within six months.

The market value of the shares to be reduced is 2.095 billion yuan

In the reduction plans involved in the 8 companies, the reasonable price range of the reduction is based on the market price. Generally speaking, the period of reduction of shares in competitive trading is within 6 months after 15 trading days from the date of announcement disclosure. However, there are also exceptions. For example, Nantong Strait Guangfeng investment partnership (limited partnership), the shareholder of Guangfeng technology, has reduced its holdings through centralized bidding within 3 months after 15 trading days from the date of disclosure of this announcement. Wang Shunlin, the shareholder of rongbai technology, intends to reduce the holding of no more than 13200000 shares by means of centralized bidding and block trading. The reduction period is from August 14, 2020 to October 28, 2020 (centralized bidding) and from July 29, 2020 to October 28, 2020 (block trading).

If we multiply the closing price of these eight companies today (July 23, 2020) by all the shares that the company intends to reduce, we can see that the largest one is western superconductor, whose market value of shares to be reduced reaches 2.095 billion yuan today, followed by rongbai technology with 1.642 billion yuan, and Guangfeng technology and Jiayuan technology with 1.085 billion yuan and 960 million yuan respectively.

The market value of all the shares to be reduced disclosed by the eight companies today will reach 6.819 billion yuan according to their closing prices.

In addition, on July 23, the restricted shares of two science and Technology Innovation Board companies were lifted, namely Youfang Technology (688159) and Zejing Pharmaceutical (688266), with a total market value of more than 400 million yuan.

The following is the specific reduction of the above eight companies:

(Mary, NetEase Finance and Economics) [email protected] uff09Some small and medium-sized banks are expected to cut interest rates after the peak period of MPA assessment or relaxation of bond issuance. Ping An Property Insurance Co., Ltd. will purchase 26% equity of auto home by RMB 17 billion. Ministry of Commerce: urging the US side to stop the anti subsidy investigation on the so-called undervalued exchange rate. Source: Netease Financial Editor: Zhong Qiming_ NF5619

(Mary, NetEase Finance and Economics) [email protected] )