Erguotou plans to backdoor DAHAO technology trading limit ahead of time! So far, regulation has not been taken

category:Finance
 Erguotou plans to backdoor DAHAO technology trading limit ahead of time! So far, regulation has not been taken


On November 24, DAHAO technology suddenly suspended trading, and the announcement that night revealed that Red Star Erguotou would come to the curve backdoor listing. A stone stirs up a thousand layer waves.

Naked insider trading. Many investors have expressed such doubts. But a week later, no specific action has been seen from regulators.

DAHAO technology trading limit ahead of schedule

In the morning of November 24, the trading of DAHAO technology was temporarily suspended due to the non announcement of important matters. That night, the company immediately announced a heavy message.

DAHAO technology announced that it is planning to purchase 100% of the equity of Beijing Yiqing Asset Management Co., Ltd. (hereinafter referred to as Yiqing asset management company) held by the controlling shareholder Beijing Yiqing Holding Co., Ltd. (hereinafter referred to as Yiqing asset management company) by issuing shares, and purchase it from Beijing Jingtai Investment Management Center (hereinafter referred to as Jingtai investment) 45% shares of Beijing Red Star Co., Ltd. (hereinafter referred to as Red Star stock).

Yiqing holding directly and indirectly holds 55% of the shares of red star. After the completion of the transaction, DAHAO technology will directly and indirectly hold 100% of the shares of red star. Red Star shares, which are famous for the production of Red Star Erguotou, will be listed on the stock market with curve backdoor.

Although DAHAO said the deal was still in the planning stage, it was still news enough to completely change the fate of its share price.

Whats strange is that the day before the announcement, the stock price of DAHAO science and technology has been up and down in advance. On November 23, the turnover of DAHAO technology reached 103 million yuan, a sharp increase of more than 70 million yuan from 29.81 million yuan the previous day, with an increase of 246%.

According to the statistics of China times, in the two months before November 23, in 43 consecutive trading days, DAHAOs share price rose in only 13 trading days, and the highest one-day increase was only 3.5%. The sudden trading limit, people feel caught off guard.

After the announcement of the reorganization news, some investors of DAHAO technology began to cheer in the stock bar community. Some even calculated that as long as there were 26 more limit boards, the stock price of DAHAO technology would break through the 100 yuan mark.

But more voices are about the suspicion of insider trading. Some investors also said, if the reorganization can be approved, why not the League of nations approve it? The same is true of insider trading..

On September 18 this year, Guojin securities and Guolian securities signed the intentional agreement on absorption and merger, which planned that Guolian securities would issue a shares to all shareholders of Guojin securities in exchange for shares to absorb and merge Guojin securities. The shares of the two companies were both trading ahead of time before the information disclosure, so they fell into the question of early disclosure of insider information.

Since then, on September 25, a spokesman for the CSRC said that he had been concerned about the situation and required the company to conduct self-examination, submit the list of insiders of insider information, and start verification in accordance with relevant provisions. On the evening of October 12, Guolian securities and Guojin securities announced together that the merger of the two parties failed.

China Times reporter noted that DAHAO technology said in the reorganization announcement that it was concerned about the stock price limit and attached great importance to it. Through the preliminary self inspection of the company, the companys controlling shareholders, insiders of the other partys insider information and their immediate family members using insider information to trade stocks were not found. The independent financial consultant of this reorganization will be related to the CSRC and the Shanghai Stock Exchange It is required to carry out self-examination on whether the insider of the reorganization has bought and sold the companys stocks. The company will, in accordance with the relevant laws and regulations on restructuring, register insiders and submit insider files to Shanghai Stock Exchange. In addition, DAHAO technology also responded on the interactive platform of Shanghai stock exchange that if investors have relevant clues, they are welcome to report to the regulatory authorities. It is worth mentioning that in this major reorganization of DAHAO technology, the actual controllers of all parties in the transaction are Beijing SASAC. At present, the regulatory authorities have not disclosed any relevant regulatory information to the outside world, nor have they made any response to extensive market queries. What actions will be taken in the follow-up should be paid attention to. Source: China Times editor in charge: Yang Bin_ NF4368

China Times reporter noted that DAHAO technology said in the reorganization announcement that it was concerned about the stock price limit and attached great importance to it. Through the preliminary self inspection of the company, the companys controlling shareholders, insiders of the other partys insider information and their immediate family members using insider information to trade stocks were not found. The independent financial consultant of this reorganization will be related to the CSRC and the Shanghai Stock Exchange It is required to carry out self-examination on whether the insider of the reorganization has bought and sold the companys stocks. The company will, in accordance with the relevant laws and regulations on restructuring, register insiders and submit insider files to Shanghai Stock Exchange.

In addition, DAHAO technology also responded on the interactive platform of Shanghai stock exchange that if investors have relevant clues, they are welcome to report to the regulatory authorities.

At present, the regulatory authorities have not disclosed any relevant regulatory information to the outside world, nor have they made any response to extensive market queries. What actions will be taken in the follow-up should be paid attention to.