Since this year, under the background of continuous adjustment of a shares, listed companies and important shareholders have shot to boost the share price. According to incomplete statistics by the reporter of China Securities Journal, as of February 17, more than 30 companies have disclosed the announcement of shareholders or executives terminating the reduction plan in advance.
early termination
Since the announcement of Shandong Dongyue Organosilicon Materials Co.Ltd(300821) , Shandong Dongyue Organosilicon Materials Co.Ltd(300821) , Beijing Shuzhi Technology Co.Ltd(300038) and Beijing Shuzhi Technology Co.Ltd(300038) plans of the company to reduce Shandong Dongyue Organosilicon Materials Co.Ltd(300821) and Beijing Shuzhi Technology Co.Ltd(300038) have been issued in advance.
The announcement shows that most of the company’s shareholders reduced some shares within the planned period, and then announced the early termination of the reduction plan.
Anhui Wantong Technology Co.Ltd(002331) on the evening of February 16, it was announced that on February 15, Nanfang Yingu, a shareholder holding more than 5% of the company, decided to terminate the reduction plan in advance. From August 30 to December 28, 2021, Nanfang Silver Valley reduced 14.2221 million shares of the company through centralized bidding and block trading, accounting for 3.47% of the total share capital of the company. The remaining shares not reduced will not be reduced during the period of this reduction plan. It is reported that southern Silver Valley originally planned to reduce its stake by no more than 5.83%.
Shandong Dongyue Organosilicon Materials Co.Ltd(300821) on the evening of February 8, it was announced that the company received the notification letter on early termination of the reduction plan issued by Zibo Xiaoxi, a shareholder holding more than 5% of the shares. From September 9, 2021 to February 7, 2022, Zibo Xiaoxi reduced 23.9 million shares of the company through centralized bidding, accounting for 1.99% of the total share capital of the company. Zibo Xiaoxi decided to end the reduction plan ahead of time, and the remaining unreduced shares will not be reduced during the period of the reduction plan. It is understood that Zibo Xiaoxi originally planned to reduce its stake by no more than 3%.
On the evening of January 24, it was announced that Xiong Jieming, a senior manager of the company, decided to terminate the reduction plan in advance based on his own situation. As of the disclosure date of the announcement, Xiong Jieming had reduced 400000 shares of the company by means of centralized bidding trading. According to the previous announcement, Xiong Jieming originally planned to reduce his holdings of no more than 650000 shares.
It is worth noting that on the evening of Zhongshan Broad-Ocean Motor Co.Ltd(002249) January 24, Xiong Jieming also announced that he applied to resign as vice president of the company for personal reasons. After Xiong Jieming resigned as vice president, he will still hold other management positions in the company. As of the disclosure date of the announcement, Xiong Jieming directly held 1945.2 million shares of the company.
In addition, there are also a small number of company personnel who have not yet implemented the reduction, that is, early termination.
Shanghai Kinlita Chemical Co.Ltd(300225) announced on the evening of January 21 that the company recently received the notification letter on early termination of the share reduction plan issued by Vice Presidents Wu Chunchao and Wang Ziwei, decided to terminate the share reduction plan in advance, and issued the commitment letter on voluntary locking of shares respectively, promising not to reduce its shares in the company within 12 months from January 22, 2022. As of the issuance date of the notification letter, Wu Chunchao and Wang Ziwei had not reduced their shares in the company. Similarly, Wang Jinghua, the controlling shareholder of Uroica Precision Information Engineering Co.Ltd(300099) and Huang Ziwei, who acted in concert, did not reduce the company’s shares in any way before announcing the early termination of the share reduction plan.
It is worth noting that some shareholders of the company decided to terminate the old reduction plan in advance and start a new reduction plan.
On the evening of January 4, Guangdong Kingshine Electronic Technology Co.Ltd(300903) announced that Chen Huanxian, the shareholder and director of the company, decided to terminate the reduction plan disclosed on November 12, 2021 in advance. In the new reduction plan, Chen Huanxian plans to reduce his holdings of no more than 1303500 shares, no more than 0.76% of the company’s total share capital.
look at
In fact, before many shareholders and executives threw out the reduction plan, the company’s share price rose significantly. Taking Shenzhen Senior Technology Material Co.Ltd(300568) as an example, the company announced on the evening of November 10, 2021 that Chen Xiufeng, the controlling shareholder and one of the actual controllers of the company, plans to reduce a total of no more than 15368200 shares through centralized bidding and block trading, with a total reduction ratio of no more than 2%.
According to the data, from January 4, 2021 to November 10, 2021, Shenzhen Senior Technology Material Co.Ltd(300568) share price has increased by 145.12%. On the evening of January 19, 2022, Shenzhen Senior Technology Material Co.Ltd(300568) disclosed the announcement of the controlling shareholder’s early termination of the share reduction plan. According to the announcement, Chen Xiufeng reduced 11.984 million shares of the company through centralized bidding and block trading from December 8, 2021 to January 14, 2022, accounting for 1.56% of the total share capital of the company. Chen Xiufeng decided to terminate the reduction plan in advance, and the shares that have not completed the reduction will not be reduced during the reduction period.
From November 10, 2021 to January 19, 2022, Shenzhen Senior Technology Material Co.Ltd(300568) decreased by 26.13%. On February 17, 2022, Shenzhen Senior Technology Material Co.Ltd(300568) closed at 34.62 yuan / share. It is worth noting that the company’s share price reached 61.20 yuan / share on September 14, 2021.
“Shareholders may terminate the reduction in advance because the current stock price is at a low position and cannot reach the target price of reduction. In addition, they may also worry that the stock price will fall lower under the impact of their own reduction.” Pan Helin, executive dean and professor of the Digital Economy Research Institute of Central South University of economics and law, said.
