Shanghai Securities front page: intensive repurchase decisively increased holdings of more and more high-quality companies to boost confidence

Affected by multiple factors, the A-share market has been falling recently. At a time of low popularity, a number of high-quality listed companies made decisive moves and threw out large-scale repurchase and shareholder increase plans to boost morale and confidence with practical actions.

According to statistics, since 2022, more than 70 companies have thrown out repurchase plans. In terms of repurchase amount, Changchun High And New Technology Industries (Group) Inc(000661) , Zhejiang Chint Electrics Co.Ltd(601877) , Tianjin Zhonghuan Semiconductor Co.Ltd(002129) , Boe Technology Group Co.Ltd(000725) and other listed companies ranked first, all exceeding 100 million yuan. Among them, Changchun High And New Technology Industries (Group) Inc(000661) has completed repurchase, with a repurchase amount of nearly 600 million yuan. In terms of the increase amount, China Mobile, China Telecom Corporation Limited(601728) , China Baoan Group Co.Ltd(000009) , Shandong Gold Mining Co.Ltd(600547) , Keshun Waterproof Technologies Co.Ltd(300737) , Zhejiang Weiming Environment Protection Co.Ltd(603568) , Jiangsu Xinquan Automotive Trim Co.Ltd(603179) , Skshu Paint Co.Ltd(603737) , Jafron Biomedical Co.Ltd(300529) and other enterprises have obtained a net increase amount of important shareholders of more than 100 million yuan.

After the actual controller of China Mobile dished out a large-scale shareholding increase plan of 3 billion yuan to 5 billion yuan, China Telecom Corporation Limited(601728) also announced on the evening of January 27 that the closing price of the company’s shares was lower than the adjusted net asset value per share for 20 consecutive trading days from December 22 last year to January 19 this year, which has triggered the starting conditions for the measures to stabilize the stock price. According to the notice of China Telecom Corporation Limited(601728) group, the major shareholder of the company, China Telecom Corporation Limited(601728) group plans to increase its holdings of China Telecom Corporation Limited(601728) A shares within 12 months from January 28 this year, with a proposed increase of no less than 500 million yuan. China Telecom Corporation Limited(601728) the group will gradually implement the shareholding increase plan according to the fluctuation of stock price and the overall trend of capital market. At the same time, China Telecom Corporation Limited(601728) group has another shareholding increase plan of no less than 4 billion yuan, which is still within the implementation period, and is implemented separately from the latest disclosed stable share price increase plan.

China Telecom Corporation Limited(601728) group said that this increase is based on firm confidence in the future development prospects of listed companies and high recognition of the investment value of listed companies. It aims to safeguard the interests of small and medium-sized investors and actively stabilize the stock price of listed companies.

The reporter of Shanghai Securities News noted that on January 27, a number of listed companies successively issued announcements to join the camp of maintaining stable stock prices.

Ningbo Huaxiang Electronic Co.Ltd(002048) repurchase 500000 shares of the company through centralized bidding, with a repurchase amount of 10 million yuan; Zhejiang Dali Technology Co.Ltd(002214) the number of shares of the Company repurchased for the first time is 320000, and the repurchase amount is 5.05 million yuan; Hangzhou Great Star Industrial Co.Ltd(002444) Zhou Siyuan, vice president and Secretary of the board of directors, increased 119200 shares of the company, with an increase of nearly 3 million yuan.

In addition, several companies, including China Mobile, Shanghai Milkground Food Tech Co.Ltd(600882) , Guangdong Dongfang Precision Science & Technology Co.Ltd(002611) , Shanghai Anoky Group Co.Ltd(300067) , announced the progress of shareholder increase and company repurchase.

As of January 27, China Mobile Group, the actual controller of China Mobile, has increased its holdings by about 1.509 billion yuan, exceeding 50% of the lower limit of the amount range of the increase plan; Shanghai Milkground Food Tech Co.Ltd(600882) has repurchased 6.3767 million shares in total, with a total repurchase amount of about 343 million yuan; Guangdong Dongfang Precision Science & Technology Co.Ltd(002611) about 73.9541 million shares of the company were repurchased through centralized bidding transactions, with a total repurchase amount of about 424 million yuan; Shanghai Anoky Group Co.Ltd(300067) was increased by 5.15 million shares by Zhang Jian, director, deputy general manager and Secretary of the board of directors of the company, with an increase of RMB 2010.82 million.

From the perspective of stock price performance, some companies have shown little effective protection effect. Take Changchun High And New Technology Industries (Group) Inc(000661) as an example. On January 26, Changchun High And New Technology Industries (Group) Inc(000661) shares stopped falling and rebounded, rising 2.47% to close at 168.17 yuan on the same day; On the 27th, the company’s share price continued to rise against the trend, becoming one of the few rising stocks on the day. In addition, the company has also received high net purchases of foreign capital for several consecutive days.

Industry insiders told reporters that more and more high-quality companies buy back shares, which is a manifestation of enterprises using real gold and silver to affirm their own value and highlight their development confidence.

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