Several star companies disclosed the progress of share reduction, and some shareholders planned to liquidate their holdings

category:Finance
 Several star companies disclosed the progress of share reduction, and some shareholders planned to liquidate their holdings


Highland barley wine is mainly engaged in the R & D, production and sales of liquor and wine based on highland barley. In addition, the company has its own winery in Napa Valley, California, and operates wine business in the United States and China.

However, due to the impact of the epidemic, consumer demand has declined and market competition has intensified, so the sales of highland barley wine has declined since this year. According to the data of the first three quarters, the company achieved revenue of 546 million yuan, a decrease of 33.9%, and a net profit loss of 64.31 million yuan in the same period.

Such performance makes it difficult for highland barley wine to compare with the first and second tier liquor companies. In the general rising stage of the first and second tier liquor enterprises, the price of highland barley wine did not show obvious performance. However, in the recent third and fourth line liquor companies to make up the market, highland barley wine has tasted the sweetness. However, this also attracted the attention of Shenzhen Stock Exchange.

In response to the concern letter of Shenzhen Stock Exchange, highland barley wine said that this year, affected by the epidemic situation, retail and catering terminals around the country were basically closed from the beginning of the new year, the traditional Spring Festival visits to relatives and friends and large-scale family gatherings were basically stagnant, and the product sales during the Spring Festival had a great impact. In addition, cross provincial tourism was only opened in late July, which has a great impact on the companys sales in the tourism season.

Highland barley wine said that in addition to the impact of the above epidemic situation, the companys operating conditions and internal and external business environment and other fundamentals have not changed significantly. The company also pointed out that in 2020, the net profit attributable to shareholders of listed companies is likely to decline or lose on a year-on-year basis.

Qingdao beer (600600) announced on the evening of 23 that from November 16 to 17, an entity under Fosun International Co., Ltd. transferred 502000 H shares of the company through centralized bidding.

Trading records show that since September 2020, Fosun International Limited has reduced 36.502 million shares through block trading or call auction for six times, with a transaction amount of about HK $2.487 billion, equivalent to about RMB 2.1 billion.

On the evening of 24, disclosure of the progress of the reduction of holdings was also made by some stocks with a large increase in the previous period, such as Chenxi Airlines (300581). Chenxi Airlines said that during the period from November 2 to November 23, the controlling shareholder gathered together science and technology and people acting in concert. During the period from November 2 to November 23, the cumulative number of shares reduced reached 2.9999% of the companys total share capital.

Chenxi Airlines said that the two shareholders of the reduction plan has been implemented, the total number of shares reduced does not exceed the number of shares agreed in the plan. According to the information disclosed, the price range for the two shareholders to reduce their holdings is 28.44 yuan to 39.6299 yuan / share.

Chenxi Airlines is a gem company. Since the implementation of the gem registration system, the gem trading rules are more flexible and are favored by hot money. The stock prices of many GEM companies have reached new highs, and Chenxi Airlines is one of them. With the first batch of 18 new shares listed on the gem registration system on August 24 as the starting date, Chenxi Airlines has accumulated an increase of 161.7%. On the evening of the 24th, many listed companies disclosed their plans to reduce their shareholdings. Among them, the companies with higher proportion of share reduction plans were Sanda film (688101), Xingguang agricultural machinery (603789) and Huazheng Xincai (603186). Among them, Qingyuan China, a shareholder of Sanda film, plans to reduce its total shareholding by no more than 2003.28 million shares by means of centralized bidding and block trading, accounting for no more than 6% of the total share capital of the company. Kunlun Huicheng, a 5.75% shareholder of Xingguang Agricultural Machinery Co., Ltd., plans to carry out clearance type reduction through bidding and block trading. Huazheng new materials controlling shareholder, Huali group, plans to reduce its holding of no more than 4.26 million shares, that is, no more than 3% of the companys total share capital.

On the evening of the 24th, many listed companies disclosed their plans to reduce their shareholdings. Among them, the companies with higher proportion of share reduction plans were Sanda film (688101), Xingguang agricultural machinery (603789) and Huazheng Xincai (603186).