Affected by the concern letter issued by Shenzhen Stock Exchange, the limit fell on Beijing Zznode Technologies Co.Ltd(003007) 3 March 1. Previously, with the concept of “counting from the east to the west”, it closed seven daily limit boards. In fact, many companies use this hot spot to hype stock prices, which has attracted regulatory attention.
March 1 Beijing Zznode Technologies Co.Ltd(003007) opened and dived to the limit, then the limit was pried open. Shortly after the afternoon opening, it fell again to the limit until the closing, and the share price was reported at 32.06 yuan / share. From February 18 to February 28, Beijing Zznode Technologies Co.Ltd(003007) share price rose by the limit for seven consecutive days, with a cumulative increase of 94.86%, almost doubling.
On the 28th, the Shenzhen Stock Exchange issued a letter of concern to Beijing Zznode Technologies Co.Ltd(003007) asking the company to confirm whether there are major information that should be disclosed but not disclosed, whether there are major changes in the company’s fundamentals, and give sufficient risk tips on the abnormal fluctuation of the company’s share price in combination with the main risks faced by the company’s production and operation in the near future, stock price trend and valuation changes, At the same time, it is required to explain whether there is insider trading.
Beijing Zznode Technologies Co.Ltd(003007) is a company mainly engaged in software development, technical services, system integration and third-party software and hardware sales in the field of ICT operation management. Previously, Beijing Zznode Technologies Co.Ltd(003007) in response to investors’ questions on the interactive easy platform, said that the company would meet the needs of “East digital West computing” users in the construction and operation and maintenance of computing network infrastructure such as data center and infrastructure network, and actively output relevant operation support products and solutions of the company.
While the share price soared, the Beijing Zznode Technologies Co.Ltd(003007) performance forecast was not ideal: it is estimated that the net profit attributable to the shareholders of the listed company in 2021 will be a loss of 58 million yuan – 78 million yuan, a significant decrease compared with the profit of 664195 million yuan in the same period in 2020; The net profit after deducting non recurring gains and losses is a loss of 72.5 million yuan – 92.5 million yuan, which is also converted from profit to loss.
Since the year of the tiger, counting East and West has been the hottest concept in the A-share market. Some companies will get capital speculation as long as they get involved in this concept. Many companies also use this hot spot to hype stock prices.
On the 18th, Nova Technology Corporation Limited(300921) said in response to investors’ questions on the interactive platform, “the vigorous promotion of the strategy of ‘counting East and counting West’ will have a positive impact on the company.” Since then, the company’s share price has risen for four consecutive trading days, with a cumulative increase of nearly 40%. Immediately, the Shenzhen Stock Exchange issued a letter of concern, asking the company to explain whether there was speculation against the hot spots in the market.
The main business has suffered losses for five consecutive years. Shanghai Yanhua Smartech Group Co.Ltd(002178) with the transfer of all equity held by the largest shareholder, took up the concept of counting from the east to the west, and won three trading boards since the 18th, which was questioned and hyped by the market.
Guizhou Bc&Tv Information Network Co.Ltd(600996) february 22 also said that “no media reports or market rumors that may have a significant impact on the trading price of the company’s shares have been found, and the concept of market hot spots has not been involved”. On December 24, the company said in the risk warning announcement that on December 8, 2021, the company participated in the establishment of Dongshu Xisuan (Guizhou) Industry Co., Ltd., with a subscribed amount of 30 million yuan, but it has not been paid in, and the shareholding ratio is only 30%, It is a joint-stock company.
