Next week, the market value of the ban will exceed 100 billion, and 45 shares will be lifted.
the CSRC issued No. 1 “ticket” in 2022
Kim Jong Il falsely increased revenue by 23 billion yuan in five years
The CSRC website recently disclosed the “ticket” No. 1 in 2022. According to the contents of the punishment letter, Jin Zhengda Ecological Engineering Group Co., Ltd. and eight executives were fined a total of 7.55 million yuan, of which three main responsible persons were banned from the market for 3-10 years.
Jin Zhengda, or St Jinzheng, was founded in 1998 and listed on the Shenzhen Stock Exchange in September 2010. Its main business is the R & D, production and sales of compound fertilizer, slow and controlled release fertilizer, nitro fertilizer, water-soluble fertilizer and other products. The sales volume of compound fertilizer under Kim Jong Il has remained the first in the industry for many years. Wan Lianbu, the actual controller of the company, is also known as the “king of fertilizer”.
With the release of this ticket, Kim Jong Il’s financial report fraud spanning five years came to light. According to the investigation of the CSRC, from 2015 to the first half of 2018, Kim Jong Il and some of its subsidiaries within the scope of consolidated statements carried out fictitious trade business without real logistics transfer through fictitious contracts with their suppliers, customers and other external units, accumulated fictitious income of 23.073 billion yuan, fictitious cost of 21.084 billion yuan and total fictitious profit of 1.99 billion yuan.
Among them, the total inflated profit of the company in 2015 was 159 million yuan, accounting for 12.2% of the total profit disclosed in the current period; In 2016, the total inflated profit of the company was 1.045 billion yuan, accounting for 99.22% of the total profit disclosed in the current period; In 2017, the total inflated profit was 450 million yuan, accounting for 48.33% of the total profit disclosed in the current period; In 2018, the total inflated profit was 334 million yuan, accounting for 28.81% of the total profit disclosed in the current period. In addition, Kim Jong Il is also suspected of failing to disclose related parties and related transactions as required. Wan Lianbu, the actual controller, conducted related party transactions through the company controlled by his sister Wan Yajun, and the related party occupied the money for cardiopulmonary bypass.
According to the facts, nature, circumstances and degree of social harm of the party’s illegal act, the CSRC decided to order Kim Jong Il to make corrections, give a warning and impose a fine of 1.5 million yuan ; Wan Lianbu was warned and fined 2.4 million yuan; Li Guo, the then general manager and the deputy general manager, will be fined 600000 yuan; Tang Yong, then manager of the finance department and director of the finance center, was given a warning and fined 550000 yuan; Cui bin, Gao Yiwu, Yan Mingxiao, Zheng Shulin and Xu Hengjun were warned and fined 500000 yuan respectively.
According to the decision on banning market entry, the CSRC decided to take 10-year market entry banning measures for WAN Lianbu, 5-year market entry banning measures for Li Jiguo and 3-year market entry banning measures for Tang Yong.
St Jinzheng’s share price has fallen by 10.63% this year. According to the data of the third quarterly report of 2021, the number of shareholders of the company is 64400.
45 shares will be lifted next week, with a total market value of 117 billion yuan
45 shares will be lifted next week. According to the latest closing price, has a total market value of 117.006 billion yuan.
There are three shares whose market value exceeds 10 billion, namely Flat Glass Group Co.Ltd(601865) , Citic Securities Company Limited(600030) , Jiangsu Lihua Animal Husbandry Co.Ltd(300761) . The largest scale of lifting the ban is Flat Glass Group Co.Ltd(601865) . 1.159 billion shares will be listed and circulated next week, mainly the restricted shares of the original shareholders, with a market value of 48.041 billion yuan. The company is a leading enterprise of photovoltaic glass. Through independent research and development, it has become the first enterprise in China to break the technology and market monopoly of international giants on photovoltaic glass, and successfully realized the localization of photovoltaic glass.
From the proportion of the number of shares lifted in the total share capital, the market value of the two shares lifted exceeded 50%. The lifting proportion of Jiangsu Lihua Animal Husbandry Co.Ltd(300761) ranks first, reaching 68.24%, and the lifting proportion of shares such as Flat Glass Group Co.Ltd(601865) , driving force, Bece Legend Group Co.Ltd(000803) , Zhengping Road & Bridge Construction Co.Ltd(603843) , Chongqing Fuling Electric Power Industrial Co.Ltd(600452) , Jinhe Biotechnology Co.Ltd(002688) ranks first.
Data treasure statistics show that the shares of the 45 stocks that will be lifted next week have fallen by an average of 14.9% since January, underperforming the market. The stock prices of Luoyang Glass Company Limited(600876) , Beijing Haitian Ruisheng Science Technology Ltd(688787) , Autel Intelligent Technology Corp.Ltd(688208) , Beijing Inhand Networks Technology Co.Ltd(688080) have fallen by more than 30% this year. The share price of Zhengping Road & Bridge Construction Co.Ltd(603843) led the rise. Driven by the infrastructure sector, the company has increased by 18.67% this year.
At present, 24 shares have issued 2021 performance forecast or express. According to the median forecast or express report, Citic Securities Company Limited(600030) has the highest expected net profit. The company’s total operating revenue in 2021 was 76.57 billion yuan, 40.8% year-on-year, and the net profit was 22.979 billion yuan, 54.2% year-on-year.
The 2021 performance of Tecnon (Fujian) Commercial Lighting Co.Ltd(300650) , Nanya New Material Technology Co.Ltd(688519) , Shanghai Awinic Technology Co.Ltd(688798) , Beijing Inhand Networks Technology Co.Ltd(688080) , Anhui Estone Materials Technology Co.Ltd(688733) , Beijing Huafeng Test & Control Technology Co.Ltd(688200) , Bece Legend Group Co.Ltd(000803) is expected to double year-on-year.
