34% increase in three days and accurate reduction of shareholders’ holdings! Attention letter: hype the stock price by “counting East and counting West”?

The strategy of “counting East and counting West” was officially launched recently, and relevant concept stocks rose sharply. On February 18, Nova Technology Corporation Limited(300921) said that the promotion of the strategy of “counting East and counting West” will have a positive impact on the company. As soon as this statement was made, the company’s share price rose rapidly by 20cm.

Since February 18, Nova Technology Corporation Limited(300921) has risen for three consecutive trading days, with a cumulative increase of 34.01% in the three trading days. At the same time, the shareholders of the company accurately reduced their holdings and cashed out. On the evening of February 22, the Shenzhen Stock Exchange issued a letter of concern, asking to explain the relationship between “counting from the east to the west” and the company’s business, and whether there was speculation against the hot spots in the market.

Source: Shenzhen Stock Exchange

share price rose 34% in three days

On February 17, the national development and Reform Commission and other four departments jointly issued a notice on the implementation plan of the computing hub of the collaborative innovation system of the national integrated big data center, and the project of “computing from the east to the west” was officially launched.

On February 18, Nova Technology Corporation Limited(300921) said in response to investors’ questions on the interactive platform that the company has set up more than 60 business nodes in 36 cities across the country to help enterprises build professional “information superhighway”. The vigorous promotion of the strategy of “counting from the east to the west” will have a positive impact on the company.

After the opening on February 21, the company’s share price rose rapidly by 20cm. As the deviation value of the closing price for three consecutive trading days reached 30%, the company boarded the dragon and tiger list that day. The data show that the top five business departments with the largest purchase amount bought a total of 95.6779 million yuan in three days, and the top five business departments with the largest sales amount sold a total of 63.2144 million yuan, with a net purchase of 42.7936 million yuan.

On February 22, Nova Technology Corporation Limited(300921) rose again by 1.01%, and the turnover was enlarged to 972 million yuan, with a turnover rate of 43.52%.

On February 17, Nova Technology Corporation Limited(300921) shares fell 7.7% to close at 26.14 yuan / share. Since February 18, Nova Technology Corporation Limited(300921) has risen for three consecutive trading days, with an increase of 20% on February 21. On February 22, Nova Technology Corporation Limited(300921) closed at 35.03 yuan / share, with a cumulative increase of 34.01% in the three trading days. Based on the intraday highest price of 38.27 yuan / share, the cumulative increase once reached 46.40%.

received the attention letter from Shenzhen Stock Exchange

Statistics show that Nova Technology Corporation Limited(300921) is mainly engaged in value-added telecommunications services, including virtual private network services, enterprise Internet access services and other services.

On the evening of February 22, Nova Technology Corporation Limited(300921) announced that it had received a letter of concern from the Shenzhen Stock Exchange. In response to the above Reply of Nova Technology Corporation Limited(300921) , Shenzhen stock exchange requires the company to explain the specific relationship between the “counting East and calculating West” strategy and the company’s main business in objective and plain language in combination with the development mode of main business and the demand characteristics of main customers, Whether the full launch of the project will directly affect the development of the company’s business and whether the implementation of relevant national strategies will bring new application scenarios, service contents or customer sources to the company.

At the same time, the Shenzhen stock exchange requires Nova Technology Corporation Limited(300921) to explain the reasons and basis for the company’s claim that “the vigorous promotion of the strategy of ‘counting East and counting West’ will have a positive impact on the company”, whether the relevant statements are rigorous, accurate and complete, and whether there is a situation of actively catering to the hot spots of the market and hyping the company’s share price, It is also required to give sufficient risk tips for relevant market hotspots in combination with the impact of the “counting East and counting West” strategy on the company’s business development.

In addition, the Shenzhen Stock Exchange also requires the company to explain the trading of the company’s shares by the company’s directors, supervisors, senior managers and their immediate family members and more than 5% of the shareholders in recent one month, and whether the company has used information disclosure to cooperate with relevant personnel to reduce its holdings.

shareholders’ precise reduction and cash out

On December 22, 2020, Nova Technology Corporation Limited(300921) landed on the gem with an issue price of 32.54 yuan / share. According to the data of China Securities Taurus, the company’s share price has been falling all the way since its listing, and hit a low of 18.57 yuan / share in October 2021. Until January this year, the company’s share price has been flat.

After January, the company’s share price suddenly broke out, and the transaction continued to be active. So far, the cumulative increase has exceeded 60%. It is worth noting that with the help of the east wind of the recent sharp rise in the company’s share price, shareholders holding more than 5% of the company have accurately reduced their holdings and cashed out.

On the evening of February 22, Nova Technology Corporation Limited(300921) announced that on the same day, the company received the notice on the implementation progress of Shenzhen Dongfang Fuhai venture capital enterprise (limited partnership) reducing the proportion of Nova Technology Corporation Limited(300921) shares by more than 1% issued by Dongfang Fuhai, a shareholder holding more than 5%. According to the notification letter, Dongfang Fuhai has reduced 3.99 million shares of the company through centralized bidding and block trading from January 18 to February 22, 2022, accounting for 3.03% of the total share capital of the company. After the implementation of the reduction, the shareholding ratio of Dongfang Fuhai decreased from 11.03% to 8%.

According to the data, the average price of Dongfang Fuhai’s reduction is 29.78 yuan, with a reduction amount of about 119 million yuan. From February 11 to 22, it reduced its holdings of 2.01 million shares through centralized bidding, with an average reduction price of 35.33 yuan and a reduction ratio of 1.53%. In addition, from January 18 to January 27, Dongfang Fuhai also reduced its holdings of 1.98 million shares through block trading, with an average reduction price of 24.14 yuan.

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