In early trading today, A-Shares continued to adjust in depth, and the main stock indexes fell by more than 1%.
The transaction of is still sluggish. After falling below 800 billion yuan yesterday, a new low in more than eight months, there is a trend of further reduction today, and the financing balance has decreased for seven consecutive days. On the disk, nearly 4000 stocks fell, and Guizhou’s local stocks, coal, Baijiu, and performance growth were relatively active. Digital money, tourism, online games and cloud computing were all down. The net outflow of funds from Beishang was 8.721 billion yuan.
Guizhou welcomes favorable policies and local stocks are active against the trend
the Guizhou sector opened sharply higher against the trend in the morning, once up nearly 3%, and the half day transaction was higher than that of the whole day yesterday. Poly Union Chemical Holding Group Co.Ltd(002037) the opening price rose by the limit, and the share price reached a new high in recent three years; Guizhou Bc&Tv Information Network Co.Ltd(600996) also raised the limit, and five limits have been harvested since this year; Gohigh Data Networks Technology Co.Ltd(000851) , Guizhou Redstar Developing Co.Ltd(600367) , Guizhou Changzheng Tiancheng Holding Co.Ltd(600112) and so on also rose sharply.
In terms of news, yesterday, the State Council issued the opinions on supporting Guizhou to break a new path in the western development in the new era, which proposed to promote the quality improvement and upgrading of Guizhou’s traditional industries, implement a new round of strategic action for prospecting breakthroughs, support Guizhou to increase the green exploration, development and utilization of phosphorus, aluminum, manganese, gold, fluorite, barite and other resources, and accelerate the refinement of phosphorus chemical industry High end development of non-ferrous metallurgy and building an important resource intensive processing base in China; Support the layout and construction of key spare parts, key materials, key equipment and other industrial backup bases. We should give full play to the advantages of Maotai Baijiu liquor origin and main producing areas in Chishui River Basin and build an important Baijiu production base in China. We will promote the development of the intensive processing industry of characteristic foods and traditional Chinese medicine, and support the inclusion of Guizhou Miao medicine and other national medicines that meet the requirements in the Pharmacopoeia of the people’s Republic of China.
The opinion also proposed that we should give full play to the advantages of Maotai Baijiu liquor origin and main producing areas in Chishui River Basin and build an important national Baijiu production base. Meanwhile, we should deepen the reform of state-owned assets and deepen the reform of the efficiency oriented state-owned assets management evaluation system, and promote the transformation of state-owned assets from management enterprises to management capital, and steadily push forward the reform of Baijiu enterprise marketing system.
That night, Kweichow Moutai Co.Ltd(600519) announced that it had decided to invest 4.11 billion yuan to implement the phase I construction project of Maotai flavored wine Xishui tongminba in the 14th five year plan. After completion, it could form a series of wine production capacity of about 12000 tons, koji production capacity of about 29400 tons and wine storage capacity of about 36000 tons. Kweichow Moutai Co.Ltd(600519) also opened sharply higher this morning, with an intraday rise of nearly 3% and the share price once exceeded 2000 yuan.
concentrated mine outbreak
Today, there is a trend of concentrated outbreak of mines. Gi Technologies Group Co.Ltd(300309) announced that the net profit loss in 2021 is expected to be 900 million yuan to 1.05 billion yuan. Gi Technologies Group Co.Ltd(300309) said that due to the covid-19 epidemic and the obstruction of debtors and other factors, the disposal progress of underlying assets was delayed, the liquidity decreased, the company carefully accrued the impairment of various assets such as creditor’s rights in hand, increased financial expenses, and accrued legal compensation obligations, which comprehensively led to the performance loss of the company during the reporting period.
Gi Technologies Group Co.Ltd(300309) also said that after the disclosure of the company’s 2021 annual report, the company’s stock trading may be subject to delisting risk warning. Gi Technologies Group Co.Ltd(300309) opened sharply lower in the morning, once approaching the 20% limit. Pre loss and pre decline stocks such as Joyware Electronics Co.Ltd(300270) , Ji Yao Holding Group Co.Ltd(300108) all fell sharply today.
Among the reasons for pre loss, goodwill impairment has once again become a lingering nightmare for investors. Ourpalm Co.Ltd(300315) it is announced today that the net loss in 2021 is expected to be 1-1.4 billion yuan. In view of the reasons for the huge losses, Ourpalm Co.Ltd(300315) said that the performance of some invested companies has declined significantly, focusing on many adverse situations, such as far lower expectations for the test data of game products, large investment in new product exploration, slow return and delayed product launch time. It is estimated that the provision for goodwill impairment related to the invested companies is RMB 1.2 billion-1.45 billion. Ourpalm Co.Ltd(300315) opened sharply lower in the morning, once falling more than 13%.
Shenzhen Infinova Limited(002528) it was also announced this morning that the company had acquired equity in the past to form a certain amount of goodwill. As of December 31, 2021, the goodwill balance of each subsidiary totaled 715 million yuan. In 2021, the operating conditions of the acquired subsidiaries were affected by the changes in the industry market environment, the performance fell sharply, and the signs of goodwill impairment were prominent. According to the accounting standards for business enterprises and in combination with the operation of these subsidiaries, the company has preliminarily evaluated and calculated the goodwill assets. Based on the principle of prudence, it is expected to produce a large amount of goodwill impairment loss. The final amount of goodwill impairment will be determined after evaluation and audit by professional evaluation institutions and audit institutions hired by the company. It is estimated that the net profit loss in 2021 will be 900 million yuan to 1.35 billion yuan.
Shenzhen Infinova Limited(002528) after opening in the morning, it collapsed and closed the limit in seconds. Joyware Electronics Co.Ltd(300270) , Beijing Interact Technology Co.Ltd(300419) , Shanghai New Culture Media Group Co.Ltd(300336) and others also suffered losses in advance due to the impairment of goodwill, and the share price fell sharply.
The issue of goodwill impairment also attracted the attention of the management again. Yesterday, Tiza Information Industry Corporation Inc(300209) and Sichuan Etrol Technologies Co.Ltd(300370) received the attention letters from the Shenzhen Stock Exchange respectively, requesting to explain the rationality of withdrawing goodwill impairment. Earlier, Saturday Co.Ltd(002291) , Suzhou Kingswood Education Technology Co.Ltd(300192) , Red Phase Inc(300427) , Zjbc Information Technology Co.Ltd(000889) and other companies also received letters of concern due to problems such as goodwill impairment.
