Yuege chairmans response to investigation fund: should be understood as an incident

 Yuege chairmans response to investigation fund: should be understood as an incident

In this long article, Xiang Lehong mainly pointed out that Ping an asset management online researchers did not turn on the camera, Ping an asset management did not conduct in-depth research on the companys past and data, and ping an asset management staff suspected not to identify themselves to conduct on-site investigation.

At the same time, Xiang also said that he should reflect on himself. First of all, he should make the introduction more vivid and easier to understand; secondly, he should not directly point out that the other party is not well prepared on the spot, even in private; thirdly, he thinks that video conference will bring about insufficient communication humanistic elements. For example, you cant face to face, you cant shake hands. Especially when the other party closes the video, it is easy to see the other persons facial expression feedback, which is easy to cause the lack of emotional communication and misunderstanding.

Xiang also said at the end of the article that the incident should be understood as an incident. I hope that the relevant personnel of the companys research can read the relevant public materials of the company in advance, analyze and understand the companys business, including on-site inspection of the companys production site, and prepare problems in advance.

The conflict between Yuege Ergonomics Technology Co., Ltd. (Yuege Co., Ltd., 300729. SZ) and ping an asset management originated from an online survey on August 28.

On the evening of August 29, the day after the investigation, Xiang Lehong, chairman of Yuege shares, was angry with ping an asset management on Weibo and his circle of friends, saying that LEGO does not welcome fund managers of Ping an asset management to invest in the company. Young people dont do their homework

On August 30, Zhang Liang, senior investment manager of Ping an asset management, also made a response in the circle of friends, saying that he was grateful to the chairman of Yuege, and explained that Ping an asset management had conducted on-the-spot investigation, and there was no so-called no investigation on Yuege.

Yuege Co., Ltd. is located in Ningbo City, Zhejiang Province, formerly known as Ningbo Lijing times electronic cable Co., Ltd., which was established in 2002. At present, Yuege Co., Ltd. is mainly engaged in ergonomic products, such as intelligent lifting desk, smart home lifting table, sitting station alternating lifting table, ergonomic workstation, etc. In December 2017, Lego was listed on Shenzhen Stock Exchange, becoming the first A-share ergonomics stock.

Affected by the global epidemic situation in the first half of the year, home office has become the mainstream trend in European and American countries. The performance of Yuege shares exported by foreign trade has an explosive growth. On the evening of August 26, Yuege released its semi annual report for 2020. From January to June, the company realized 633 million yuan of operating revenue, an increase of 37.98% over the same period of last year, and the net profit attributable to shareholders of listed companies was 68.1538 million yuan, an increase of 190.22% over the same period of last year.

In the first half of the year, more than 53.39% of the revenue of the main business was contributed by the North American market, with the revenue of 335 million yuan, followed by Europe with the revenue of 135 million yuan, accounting for 21.43%, while that of Asia (except China) and China accounted for only 10.88% and 8.81%. Yuege shares, whose performance has soared, was suddenly favored by the capital market in the first half of this year. Since May this year, the stock price of Yuege shares has started to rise, and in June and August, it has harvested five trading limits. Since the beginning of this year, the share price of Yuege has increased by nearly 300%, with a market value of nearly 8 billion.

On August 28, Yuege shares were up and down by 20%, and the stock price had reached a record high of 90.54 yuan / share.

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