Securities Regulatory Commission investigation on filing a case, soaring 16 times a year, demon stocks are going to collapse?

category:Finance
 Securities Regulatory Commission investigation on filing a case, soaring 16 times a year, demon stocks are going to collapse?


Termination of major asset restructuring and resumption of stock trading

The announcement issued by CSMC on the evening of October 20 shows that the company received the investigation notice of CSRC on October 20. Due to the companys suspected Information Disclosure Violation, CSRC decided to file an investigation on the company.

The company announced on the same day that the company originally planned to purchase 100% shares of Lianhe ChuangTai Technology Co., Ltd. and raise matching funds by issuing shares and paying cash. During the filing and investigation period, the company did not meet the conditions for issuing shares and paying cash to purchase assets, so this major asset restructuring was terminated.

The announcement shows that the companys shares will resume trading from the opening of the market on October 21, 2020 (Wednesday).

It is worth noting that China submarine has planned cross-border acquisition more than once, and both of them are terminated or there is significant uncertainty.

On March 12, 2020, the company disclosed the letter of intent to purchase shares related to the acquisition of Datang storage. From March 13 to April 2, 2020, the companys stock price increased by 130%.

So far, the business of Beihai Zhongqian has stagnated, and the equity of Shanghai Zhaoxin has been sold. But at the same time, the companys share price has risen nearly eight times since early May 2019.

From May 9, 2019 to April 2, this year, the company has achieved a feat with a cumulative increase of 1692.1%, and its share price reached 219.48 yuan / share, becoming the representative of demon stocks in the market.

The company was originally a professional manufacturer of diving equipment products and providing diving services. It was mainly engaged in the research and development, production and sales of protective equipment suitable for all kinds of people involved in water activities, including but not limited to the research and development, production and sales of diving suits and supporting equipment.

What do stocks look at? Fundamentals? make fun of. Zhongqian shares tell you with practical actions that if you look at the fundamentals honestly, you may have missed 10 times the big bull stocks.

A little-known enterprise, neither excellent technical support, nor brilliant sales performance, share price skyrocketing, why? Behind this, the secret weapon of Zhongqian shares is hot spot investment!

Gold price rise, purchase gold enterprise!

Chip industry breaks out in the world, and China submersible shares test the field of chip immediately!

Hype by touching porcelain

The main business of CSSC, which landed on the gem in 2016, is the production of diving equipment and the provision of diving training and leisure experience services.

Since then, China submarine has repeatedly disclosed the announcement of cross industry acquisition or foreign investment, and intends to enter the fields of big data, 5g and cloud computing.

On July 24, 2019, Zhongqian shares disclosed the announcement on purchasing 100% equity of Beihai Huiyu Network Technology Co., Ltd., and the price of this transaction was RMB 1. Beihai Huiyu is an enterprise mainly engaged in Internet information technology and big data technology, with a registered capital of 200000 yuan, which was established on April 25, 2019. As of June 30, 2019, the total assets, total liabilities, net assets, operating income and net profit of Beihai Huiyu are RMB 0. However, on August 16, 2019, the acquisition of Beihai Huiyu was terminated because the equity transfer could not be executed due to the death of the trading partner. Meanwhile, in order to continue to promote the business layout and industrial integration in emerging technology fields such as big data and cloud computing, the company invested and established a wholly-owned subsidiary, Beihai Zhongqian Technology Co., Ltd. (hereinafter referred to as Beihai Zhongqian).

On September 27, 2019, China submarine and Shenzhen tirisi respectively acquired 50% of the shares of Shanghai Zhaoxin for 1 yuan. Shanghai Zhaoxin owns a wholly-owned subsidiary, Suzhou senruite, which indirectly controls Suzhou senruite by acquiring and increasing capital. However, similar to Beihai Huiyu, Shanghai Zhaoxin is also a shell company. As of June 30, 2019, the total assets, total liabilities, net assets, operating income and net profit of Shanghai Zhaoxin are all 0 yuan.

The blueprint is like this. However, due to the death of the core technical personnel of Beihai huiyuyuan team, the company has not been able to hire suitable replacement personnel, so it is difficult to further effectively expand the technical support and business ideas. The performance of Beihai Zhongqian also failed to meet the market expectations. In addition, the outbreak of the epidemic, the business of Beihai Zhongqian has been in a stagnant state, and Zhongqian shares said that it would not exclude them In addition to the consideration of the ultimate sale of the potential assets of Beihai.

The exploratory transformation in big data and other fields is not smooth, and the company has begun to try a new direction of industrial investment, that is, focusing on chip semiconductor investment.

In 2020, the hype of China potential shares has not ended.

On March 12, the company announced the acquisition of about 84% of the shares of Datang storage, a chip company, involving the concept stock of chip. After the disclosure of the letter of intent, the share price of the company increased significantly and became a hot topic in the capital market for a time.

However, to our surprise, the company announced on October 9 that due to the failure of both parties to reach an agreement on the main commercial terms, after careful consideration and friendly negotiation with the other party, they signed the termination agreement of the letter of intent on equity acquisition on September 30, 2020, and agreed to terminate the above-mentioned letter of intent for equity acquisition.

The sudden termination of the acquisition has aroused great concern of the Shenzhen Stock Exchange. In the letter of concern issued to the company, the Shenzhen Stock Exchange asked to explain the content of the commercial terms and the reasons for the failure to reach an agreement, whether the disclosure on the acquisition of Datang storage is objective and accurate, and whether the company has cooperated with stock price speculation through information disclosure.

At the same time, with regard to the statement that Datang storage focuses on the design, research and development, production, security firmware algorithm research and development, and sales of solid-state disk, Datang storage is one of the few companies in China that has mastered the commercial highest security level of guomi commercial algorithm chip technology, and other statements, the relevant letter requires to explain whether there is exaggeration and misleading investors.

On September 27, the company announced that it was planning to purchase 100% of the shares held by Shenzhen Yingtang ChuangTai Technology Co., Ltd. (hereinafter referred to as Yingtang ChuangTai) by issuing shares / issuing shares and paying cash. Due to the uncertainty of related matters, the trading of the companys shares will be suspended from the opening of the market on September 28, 2020.

According to the public information, United ChuangTai is an authorized distributor of electronic component products. Its main agent line is located in the world-famous resource-based products. It has the agency rights of MTK (United Development Technology) and skhynix (SK Hynix), one of the three global memory suppliers in the whole industry. After many years of market development and industry precipitation, United ChuangTai has a number of top customers in the Internet cloud service industry, and has formed multi-dimensional and deep cooperation with these customers in terms of strategy and channel services.

To tonight, the fund gentleman is not surprised at all, this merger and acquisition is yellow again.

Mysterious private placement and the entry of overseas gambling king

Yang Zhihui has the titles of overseas gambling king and Jeju Island gambling king. In his early years, he founded landing investment group and made his fortune by real estate. In 2012, he began to march into Jeju Island of South Korea, layout tourism real estate and gambling industry, and rented land in the Philippines to promote comprehensive resort projects.

In May last year, at the beginning of the sharp rise mode of China submersible shares, Yang Zhizhi, Liu Yong and Beijing Zeying began to take shares in listed companies.

Among them, the private equity company Beijing Zeyings products frequently increased its holdings of China submersible shares to reach the brand raising line, and the soaring time line coincides with the buying time line. According to a notice disclosed in November 2019, from May 9, 2019 to October 30, 2019, Beijing Zeying has purchased the shares of China potential through centralized bidding through its funds, and purchased 5.71% of the shares of listed companies at a total cost of 290 million yuan.

With Shenzhen Jue Meng giving up the exercise of the corresponding voting rights of China submersible shares, Hong Kong Jue Meng, which holds 24.46% of the companys shares, has become the largest shareholder with the largest number and proportion of voting rights of the companys shares, and yangzhihui has become the actual controller of the company.

Suspected of being in charge

Although the total market value is large, the proportion of the real circulating shares of the shares is not high.

According to the semi annual report data, as of the end of June 2020, among the top ten shareholders of China potential, Shenzhen juemong Management Consulting Co., Ltd., juemong investment (Hong Kong) Co., Ltd. (hereinafter referred to as Shenzhen Mengjue and Hong Kong Mengjue) held 31.81% and 24.46% respectively; Liu Yong, a natural person, held 9.38%; Beijing Zeying Investment Co., Ltd. - shunshi No.1 and No.2 private securities investment base Jin (hereinafter referred to as Zeying investment) holds 2.05% and 0.9% respectively, Huizhou Xiangfu Trading Co., Ltd. and Beijing 20112 Enterprise Management Consulting Co., Ltd. hold 1.33% and 0.84% respectively. In addition, ye Fang, Wu Huilin and Huang Fen hold 1.13%, 0.77% and 0.75% of the shares respectively, with the top ten shareholders holding 73% of the shares.

Wind data shows that the number of shareholders of China potential shares has also decreased sharply. As of March 20, the number of shareholders of the company has decreased from 12000 in mid-2019 to 3900, and the number of shares held by each household has increased from 37100 to 44000. In September this year, although the number of shareholders increased, it was still only 7755.

On August 24 and September 3, the turnover rate of the shares was only 1.56% and 1.74% respectively, and the turnover was only 276 million yuan and 351 million yuan respectively. On September 9, the stock rose sharply and even shrunk to 331 million yuan, with a turnover rate of 1.58%.

According to the semi annual report data, in the first half of 2020, the companys revenue was 105 million yuan, and the net profit was only 497000 yuan, down 54.88% and 95.84% respectively on a year-on-year basis; after deducting the non net profit, the loss was 40.89 million yuan.

According to the latest data, the market value of Zhongqian shares is 20 billion, that is to say, the profit of less than 500000 yuan has supported the market value of more than 10 billion yuan, and the P / E ratio has been pushed up by 20000 times.

Source: China Fund News Editor in charge: Yang Bin_ NF4368