On February 18, Anhui Gujing Distillery Company Limited(000596) announced that the recent trading of the company’s shares by Wu Zhaolan, the spouse of independent director Zhang Guiping, constituted a short-term transaction. At present, the company has received the “situation statement and apology letter” issued by Zhang Guiping.
According to the above letter, Wu Zhaolan carried out a total of 11 trading activities from February 9 to 11. Among them, Anhui Gujing Distillery Company Limited(000596) 12700 shares were purchased in five times on February 9, with a transaction amount of 2.881 million yuan. On February 10, Wu Zhaolan bought Anhui Gujing Distillery Company Limited(000596) 18000 shares and sold 10000 shares. On February 11, Wu Zhaolan sold the remaining 20700 shares in two transactions, with a transaction amount of 4.8402 million yuan. Overall, the total price of Wu Zhaolan’s short-term transaction Anhui Gujing Distillery Company Limited(000596) is close to 7 million yuan, with a profit of 20400 yuan.
Anhui Gujing Distillery Company Limited(000596) said that after the company knew about the incident, it attached great importance to it and checked the relevant situation with Wu Zhaolan in time. Wu Zhaolan, the party concerned, has turned over the profits from this short-term transaction to the company.
For this short-term transaction, Anhui Gujing Distillery Company Limited(000596) said that this behavior was an independent investment behavior made by Wu Zhaolan according to his judgment on the secondary market. Before and after the transaction, Zhang Guiping did not inform Wu Zhaolan of the company’s operation, and Wu Zhaolan did not consult Zhang Guiping on his opinions. His behavior of buying and selling the company’s shares was his personal operation, There is no purpose of using short-term trading or insider trading to seek benefits, and there is no subjective violation.
\u3000\u3000 “When a company goes public, the regulatory authorities will ask to upload all the identity information of Dong Jiangao and his family members. In case of abnormal trading, the system will capture it by itself. Before going public, the recommendation agency will also do this training during the counseling period. In daily life and work, the senior affiliated persons of Dong Jiangao must also firmly establish the red line of short-term trading and try not to trade the company’s shares. However If you really want to trade stocks, it is generally difficult for the parties concerned to know. ” Insiders familiar with short-term trading said in an interview with the reporter of Securities Daily.
It is noteworthy that on January 24 Anhui Gujing Distillery Company Limited(000596) , the ban on non-public issuance of restricted shares was lifted, and the issuance price of the above shares was 200 yuan / share. From the performance of the secondary market, Anhui Gujing Distillery Company Limited(000596) share price fell from 278 yuan / share on December 9, 2021 to 203.4 yuan / share on January 19, 2022. However, just after the above 25 million shares began to be listed and circulated, the recent Anhui Gujing Distillery Company Limited(000596) price rebounded and closed at 232.25 yuan / share on February 18.
In this regard, the person said that there are many reasons for short-term trading. Some parties did operate improperly and bought and sold the company’s shares in violation of regulations. “However, some companies may plan some major events. At this time, there are many parties who have a fluke mentality and have a crooked mind. Human nature is the most difficult to control.” The person said.
The reporter also found that companies with short-term transactions recently are not uncommon, such as Kangda New Materials( Group) Co.Ltd(002669) , Beijing Jiaoda Signal Technology Co.Ltd(300851) , Shandong Daye Co.Ltd(603278) , huakuantong, etc. However, it is quite rare that the amount of short-term transactions similar to Anhui Gujing Distillery Company Limited(000596) is so high.
