Suspected of rubbing hot spot hype Nova Technology Corporation Limited(300921) received a letter of concern

Recently, Nova Technology Corporation Limited(300921) made a statement on the interactive platform, which made the company catch up with the concept of "counting from the east to the west". The share price soared by nearly 40% in four trading days, and then the Shenzhen Stock Exchange issued a letter of concern. The reporter called Nova Technology Corporation Limited(300921) , and the relevant person in charge said that he would reply to the concern letter of the exchange in the near future, and the specific content would be subject to this.

On February 18, Nova Technology Corporation Limited(300921) said in response to investors' questions on the interactive platform, "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 East and counting West' will have a positive impact on the company."

Public information shows that Nova Technology Corporation Limited(300921) was established in 1996 and its main business is value-added telecommunications services, including virtual private network services, enterprise Internet access services and other services. After landing on the gem in December 2020, the share price fell and hit a record low of 18.57 yuan / share in October 2021.

Affected by the company's news of "counting from the east to the west", the Nova Technology Corporation Limited(300921) rose 10.56% on the same day, and the 20cm limit rose on the 21st, rising for four consecutive trading days from the 18th, with a cumulative increase of nearly 40%.

On the 22nd, Shenzhen Stock Exchange issued a letter of concern, requiring Nova Technology Corporation Limited(300921) to explain the specific relationship between the "Eastern digital Western computing" 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 "Eastern digital Western computing" project is fully launched will directly affect the development of the company's business, Whether the implementation of relevant national strategies will bring new application scenarios, service contents or customer sources to the company.

At the same time, it is required to explain the reasons and basis for "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 noteworthy that the shareholders of the company reduced their holdings and cashed out when the share price soared. On the 22nd, Nova Technology Corporation Limited(300921) announced that Shenzhen Dongfang Fuhai venture capital enterprise (limited partnership) (hereinafter referred to as "Dongfang Fuhai"), a shareholder holding more than 5% of the company's shares, plans to reduce no more than 3990000 shares of the company by means of centralized bidding and block trading (Accounting for no more than 3.03% of the total share capital of the company). As of February 22, Dongfang Fuhai's share reduction ratio exceeded 1% and the share reduction plan has been fully implemented. Precise reduction inevitably makes the market doubt whether to use information disclosure to cooperate with relevant personnel to reduce holdings.

Analysts believe that the "counting from the east to the west" strategy covers a wide range of industrial chains, involving multiple industries, and many listed companies can find a relationship with it. Recently, a large number of A-share listed companies have disclosed the relevant business layout, but there have also been some cases of playing a "marginal ball" and forcibly rubbing the concept. Investors should polish their eyes and screen carefully.

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