On February 16, the listed company Zhejiang Hangke Technology Incorporated Company(688006) on the science and Innovation Board announced that Cao Ji, the actual controller and chairman of the company, had received the notice of filing a case issued by the CSRC. Cao Ji was suspected of short-term trading due to his spouse’s illegal trading of company shares, and the CSRC decided to file a case against him.
It is reported that Kong Haiping, Cao Ji’s spouse, successively bought 11500 shares of the company’s shares from January 12, 2021 to September 16, 2021, with a transaction amount of 1.0300 yuan; From January 13, 2021 to September 15, 2021, 9700 shares of the company’s shares were sold successively, with a transaction amount of 880500 yuan.
In view of the above situation, the reporter of science and Innovation Board daily tried to contact Zhejiang Hangke Technology Incorporated Company(688006) for more information, but as of press time, no response has been received.
actual controller or face administrative punishment
The so-called “short-term trading” refers to the behavior that the directors, supervisors, senior managers and major shareholders of a listed company buy the listed shares of the company before selling them or buy them after selling them within the legal period, so as to seek illegitimate interests.
In this regard, Xu Feng, director and chief partner of Shanghai Jiucheng law firm, analyzed and said to the reporter of science and Innovation Board daily, “the company will not be punished, but the perpetrator will be punished.”
It is understood that Article 44 of the securities law of the people’s Republic of China stipulates that shareholders, directors, supervisors and senior managers of listed companies and companies whose shares are traded on other national securities exchanges approved by the State Council hold more than 5% of the shares, Sell the company’s shares or other equity securities held by it within six months after buying, or buy them again within six months after selling, and the resulting income shall belong to the company, and the board of directors of the company shall recover the income.
The term “shares or other securities with equity nature held by directors, supervisors, senior managers and natural person shareholders” as mentioned in the preceding paragraph includes shares or other securities with equity nature held by their spouses, parents and children and by using other people’s accounts.
In response, Zhejiang Hangke Technology Incorporated Company(688006) said in the announcement that ” the proceeds of the company’s shares sold by Ms. Kong Haiping within six months after her purchase or bought again within six months after her sale have been handed over to the company. At the same time, Ms. Kong Haiping promised that the proceeds of the remaining 1800 shares sold in the future will also belong to the company. “
At the same time, Zhejiang Hangke Technology Incorporated Company(688006) said in the announcement, “the above matters are filed against Cao Ji, and the company’s operation, production and management activities will not be affected.”
“if the result is established, the civil benefits (obtained from violations) will be included in the company, and the administrative (perpetrator) may face punishment.” Xu Feng, director and chief partner of Shanghai Jiucheng law firm, told the reporter of science and Innovation Board daily that in addition to Article 44 of the securities law of the people’s Republic of China mentioned in the company’s announcement, which stipulates that the proceeds from this shall be owned by the company, article 189 of the securities law of the people’s Republic of China stipulates that listed companies If a director, supervisor, senior manager of a company whose shares are traded on other national securities exchanges approved by the State Council, or a shareholder holding more than 5% of the shares of the company, in violation of the provisions of Article 44 of this law, buys and sells the shares or other equity securities of the company, he shall be given a warning and fined not less than 100000 yuan but not more than 1 million yuan.
during illegal trading, the company’s share price surged to a high
The reporter of the science and Innovation Board daily noted that from January 12, 2021 to September 16, 2021, while Cao Ji’s spouse Kong Haiping successively bought Zhejiang Hangke Technology Incorporated Company(688006) shares, the company’s share price rose from 75.10 yuan / share to 90.30 yuan / share, an increase of 20.24%. During the period, the company’s share price once soared to a high of 136.36 yuan / share, with a maximum increase of 81.57%, which was also the best stage of its share price rise that year.
In fact, the behavior of Kong Haiping, Cao Ji’s spouse, has also attracted regulatory attention. As early as October 19, 2021, Zhejiang Securities Regulatory Bureau issued a warning letter to the chairman of Zhejiang Hangke Technology Incorporated Company(688006) and clearly pointed out that the above behavior of his spouse buying and selling the company’s shares for many times constituted short-term trading; On October 28 of the same year, the Shanghai Stock Exchange also gave Cao Ji a regulatory warning.
At present, Zhejiang Hangke Technology Incorporated Company(688006) is preparing to raise no more than 2.312 billion yuan to expand production. Specifically, the fund-raising will be mainly used for the construction project of intelligent manufacturing of lithium-ion battery charging and discharging equipment, the technological transformation project of production intelligence and information improvement, the overseas business network layout and basic R & D, the construction project of assembly and manufacturing center and the supplement of working capital.
According to the data, Zhejiang Hangke Technology Incorporated Company(688006) customers include: Samsung, LG, Panasonic, skinnovation, Murata, Ningde new energy, Byd Company Limited(002594) , Gotion High-Tech Co.Ltd(002074) , Farasis Energy (Gan Zhou) Co.Ltd(688567) .
On January 25, Zhejiang Hangke Technology Incorporated Company(688006) announced that the company had received a fixed-point notice sent by Eve Energy Co.Ltd(300014) via e-mail. The winning project was lithium battery production equipment, with a winning amount of 497 million yuan.
The financial report shows that in the first three quarters of 2021, Zhejiang Hangke Technology Incorporated Company(688006) operating revenue was 1.762 billion yuan, an increase of 70.96% year-on-year; The net profit attributable to the parent company was 238 million yuan, a year-on-year decrease of 22.63%; Non net profit deducted was 202 million yuan, a year-on-year decrease of 19.74%. This also means that the company has fallen into a state of “increasing income without increasing profit”.
Since this year, Zhejiang Hangke Technology Incorporated Company(688006) shares have fallen 25.50%. As of the closing on February 16, Zhejiang Hangke Technology Incorporated Company(688006) closed at 80.15 yuan / share, with the share price up 0.16% and the total market value of 32.308 billion yuan.
It is worth noting that on the night of Zhejiang Hangke Technology Incorporated Company(688006) announcement, Shandong Daye Co.Ltd(603278) issued an announcement on the short-term trading of directors of the company. On February 11, the actual controller of Eve Energy Co.Ltd(300014) which also belongs to lithium concept shares received a warning letter from Guangdong securities regulatory bureau because it constituted a short-term transaction.
