China Securities Regulatory Commission put on record to investigate the sudden rise of 16 times in a year?

category:Finance
 China Securities Regulatory Commission put on record to investigate the sudden rise of 16 times in a year?


Termination of major asset restructuring and resumption of stock trading

In the evening of October 20, the company announced that the company received the notice of investigation from the CSRC on October 20, and the CSRC decided to file an investigation on the company for suspected illegal information disclosure.

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.

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.

However, on October 9, the company announced that due to the failure to reach an agreement on the main commercial terms, after careful consideration and friendly negotiation, the company terminated its intention to purchase shares of Hefei Datang Storage Technology Co., Ltd.

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.

Demon stocks up 16 times a year

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.

Since the third quarter of 2019, the companys share price suddenly began to change, and then rose all the way to a historical high of 219 yuan / share.

Big data fire, acquisition of big data enterprises!

Gold price rise, purchase gold enterprise!

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

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.

Big data technology also needs an application market. Therefore, the company intends to acquire a company named Suzhou senruite gold and jewelry sales Co., Ltd. (hereinafter referred to as Suzhou senruite) which provides users with full gold industry services in the gold field, and plans to expand the on-site gold white investment trading business into a new application scenario of large data technology, and push the information to Guijin by using Beihai zhongqianke big data technology It belongs to the user audience group.

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.

Since then, the companys share price has gone up all the way, from less than 80 yuan to a peak of more than 200 yuan.

Although Datang storage, which is chosen to purchase by Zhongqian shares this time, is no longer a shell company, it also has the risk of continuous decline in profits and the ability to continue to operate. The net profit of Datang storage from January to February in 2019 and 2020 is - 8.1 million yuan and - 2.5 million yuan respectively.

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.

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.

And this series of operations, with the disclosure of each merger information, the share price of China submersible shares rose.

Mysterious private placement and the entry of overseas gambling king

For a long time, the performance of China submersible shares in the capital market is not warm. Until 2019, Yangzhi entered the market, which changed the stock price trend of China submersible.

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.

Not long after that, Yang Zhihui and Liu Yong got most of the shares of the company through equity transfer.

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 relatively large, the real proportion of circulating shares of China potential 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 funds (hereinafter referred to as Zeying investment) holds 2.05% and 0.9% respectively, Huizhou Xiangfu Trading Co., Ltd. and Beijing 2012 Enterprise Management Consulting Co., Ltd. respectively hold 1.33% and 0.84% respectively. In addition, ye Fang, Wu Huilin and Huang Fen respectively 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.

The stock resumed trading on the 21st, which is estimated to be another bloody storm.

Top performance fund managers take a look at the fourth quarter of A-share market 10 billion private placement adds new army value school fund keen to control scale transformation countdown hierarchical fund enters deep water area source: China fund daily editor in charge: Ren Hui_ NBJ9607