Securities code: 002943 securities abbreviation: Hunan Yujing Machinery Co.Ltd(002943) Announcement No.: 2021-097 Hunan Yujing Machinery Co.Ltd(002943)
Announcement on the verification results of stock trading suspension and resumption of trading
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Special risk tips:
1. The trading of the company’s shares will resume from the opening of the market on Monday, December 27, 2021.
2. From November 8, 2021 to December 10, 2021, the closing price of the company’s shares increased by 199.40% and the cumulative turnover rate was 329.23%. In the same period, the Shenzhen a index increased by 5.83%. The company’s dynamic P / E ratio reached 2162.62 times. The recent increase of the company’s share price is much higher than that of the same industry and its market, Recently, there is a certain deviation between the stock price and the company’s fundamentals, and there may be speculation risk in the secondary market. The company reminds investors to pay attention to the transaction risks in the secondary market, make rational decisions and invest prudently. 3. As of the date of this announcement, the company’s non-public offering of shares still needs to be reviewed and approved by the company’s general meeting of shareholders and approved by China Securities Regulatory Commission and other competent departments. The above approval or approval is a prerequisite for the implementation of the non-public offering of shares. There are major uncertainties about whether the above approval or approval can be obtained and the corresponding time of final acquisition. At the same time, the non-public offering of shares also has the risk of being suspended and terminated due to market environment, unfavorable financing opportunities and other reasons. There is significant uncertainty about the implementation of the above non-public offering of shares. Investors are specially invited to invest rationally and pay attention to investment risks. 1、 Suspension verification of abnormal fluctuations in the company’s stock trading
The stock of Hunan Yujing Machinery Co.Ltd(002943) (hereinafter referred to as the “company”) (Securities abbreviation: Hunan Yujing Machinery Co.Ltd(002943) , securities code: 002943) has deviated from the closing price for three consecutive trading days on December 8, 2021, December 9, 2021 and December 10, 2021 by more than 20.00%. According to the relevant provisions of the trading rules of Shenzhen Stock Exchange, it belongs to abnormal fluctuation of stock trading.
From November 8, 2021 to December 10, 2021, the closing price of the company’s shares increased by 199.40% and the cumulative turnover rate was 329.23% for 20 consecutive trading days. During this period, it touched abnormal fluctuations in stock trading for many times. Due to the recent abnormal fluctuation of the company’s share price, in order to safeguard the interests of investors, the company checked the abnormal fluctuation of stock trading. Upon the application of the company, the trading of the company’s shares (Securities abbreviation: Hunan Yujing Machinery Co.Ltd(002943) , securities code: 002943) has been suspended since the opening of the market on December 13, 2021, and resumed after the disclosure of the verification announcement.
Recently, the company has verified matters related to abnormal fluctuations in stock trading. In view of the completion of relevant verification, upon the application of the company, the trading of the company’s shares (Securities abbreviation: Hunan Yujing Machinery Co.Ltd(002943) , securities code: 002943) will resume from the opening of the market on Monday, December 27, 2021.
2、 Description of the company’s verification
In view of the abnormal fluctuation of the company’s stock trading, the company has conducted suspension verification, and the verification is now explained as follows: (I) the board of directors of the company has verified the company, controlling shareholders, actual controllers, directors, supervisors, senior managers, relevant intermediaries and their handling personnel, and the relevant information is now explained as follows:
1. After verification, the company found no correction or supplement to the information disclosed in the previous period;
2. Upon verification, the company has not found any unpublished material information that may or has had a great impact on the company’s stock trading price reported by the public media during and before the abnormal fluctuation of stock trading;
3. After verification, the company’s current business situation and internal and external business environment have not changed significantly;
4. After inquiry with the controlling shareholder and actual controller, the controlling shareholder and actual controller of the company do not have any major matters that should be disclosed but not disclosed about the company, or major matters in the planning stage;
5. After verification, the controlling shareholder, actual controller, directors (except Zhang Guoqiu and Luo qunqiang), supervisors, senior managers and their immediate relatives, relevant intermediaries (except Ping An Securities) and their handling personnel of the company did not buy or sell the company’s shares during the abnormal fluctuation of the company’s stock trading, and there was no suspected insider trading;
6. After verification, during the period from November 8, 2021 to December 10, 2021, the company’s director and deputy general manager Zhang Guoqiu reduced 874200 shares and the company’s director Luo qunqiang reduced 706200 shares. The above reduction of Zhang Guoqiu and Luo qunqiang was consistent with the reduction plan disclosed by the company on the selected information disclosure media. The reduction time and quantity of the two shareholders were within the scope of the reduction plan, The above reduction does not involve insider trading.
7. Upon verification, from November 8, 2021 to December 10, 2021, Ping An Securities’s self operated quantitative account purchased 215700 shares of the company’s shares in total and sold 238800 shares of the company’s shares in total
The number of shares held by the company on December 10, 2021 is 0.
The proprietary business account of Ping An Securities for trading stocks during the above-mentioned period is a quantitative investment through the proprietary trading account. According to the guidelines on the information separation wall system of securities companies issued by the Securities Industry Association, such proprietary business account may not be restricted by the restriction list. During the above-mentioned period, Ping An Securities’s trading of Hunan Yujing Machinery Co.Ltd(002943) shares was not related to the inside information, there was no situation of disclosing or disclosing relevant information or advising others to buy and sell Hunan Yujing Machinery Co.Ltd(002943) shares, nor did it use the information for insider trading or market manipulation.
8. After verification, The company’s recent research activities of reception institutions and individual investors registered the personnel participating in investor research activities and signed the letter of commitment and confidentiality agreement with the researchers in accordance with the guidelines for the standardized operation of listed companies of Shenzhen Stock Exchange (revised in 2020) and the company’s investor relations management system , in accordance with relevant regulations and designated channels, the investor research activity was publicly disclosed, and there was no violation of the principle of fair disclosure.
9. After verification, the company, its controlling shareholders, actual controllers, directors (except Yang Yuhong, Zhang Guoqiu, Luo qunqiang and Yang Jiawei), supervisors, senior managers and their immediate family members are not related to the top 20 shareholders as of December 10, 2021.
10. After verification, the company has no undisclosed matters that may cause serious abnormal fluctuations in stock trading, and the company has no other matters that may cause serious abnormal fluctuations in stock trading.
（2） The company does not have information that should be disclosed but not disclosed
The board of directors of the company confirms that in addition to the information disclosed by the company, At present, the company does not have any matters that should be disclosed but not disclosed in accordance with the relevant provisions of the stock listing rules of Shenzhen Stock Exchange (revised in 2020) or the planning, negotiation, intention and agreement related to such matters; the board of directors has not been informed that the company has been listed in accordance with the stock listing rules of Shenzhen Stock Exchange (revised in 2020) Other information that should be disclosed but not disclosed according to relevant regulations and has a great impact on the trading price of the company’s shares and their derivatives. There is no need to correct or supplement the information disclosed by the company in the early stage.
3、 Risk tips
The company solemnly reminds investors that investors should fully understand the stock market risks and the risk tips disclosed by the company, effectively improve risk awareness, make prudent decisions and invest rationally. The company specially reminds investors to pay attention to the following risks:
1. Risk of secondary market transactions
The closing prices of the company’s shares on December 8, 2021, December 9, 2021 and December 10, 2021 were 45.99 yuan / share, 50.59 yuan / share and 54.73 yuan / share respectively. The cumulative increase of the closing price for three consecutive trading days deviated from 25.41%, and the cumulative increase of the closing price for 20 consecutive trading days from November 8, 2021 to December 10, 2021 was 199.40%, After excluding the overall factors of the market and the sector, the stock price increases greatly in the short term. Recently, the stock price deviates from the company’s fundamentals, and there may be speculation risk in the secondary market. The company reminds investors to pay attention to the transaction risks in the secondary market, make rational decisions and invest prudently. 2. There is uncertainty risk in the company’s non-public offering of shares
On November 15, 2021, the company held the sixth meeting of the Fourth Board of directors and the sixth meeting of the Fourth Board of supervisors, deliberated and approved the company’s non-public offering plan and other proposals, and disclosed the plan for non-public development of A-Shares and other matters. For details, see the company’s publication in Shanghai Securities News and securities times on November 16, 2021 Securities Daily, China Securities News and cninfo（ http://www.cn.info.com..cn. ）Relevant announcements on.
Up to now, the company’s non-public offering of shares still needs to be reviewed and approved by the company’s general meeting of shareholders and approved by China Securities Regulatory Commission and other competent departments. The above approval or approval is a prerequisite for the implementation of the non-public offering of shares. There are major uncertainties about whether the above approval or approval can be obtained and the corresponding time of final acquisition. At the same time, the non-public offering of shares also has the risk of being suspended and terminated due to market environment, unfavorable financing opportunities and other reasons. There is significant uncertainty about the implementation of the above non-public offering of shares. Investors are specially invited to invest rationally and pay attention to investment risks.
3. Recent shareholding reduction of directors, supervisors and senior managers of the company
On November 10, 2021, the company disclosed the shareholding reduction plan of Mr. Zhang Guoqiu, the director and deputy general manager. For details, see the company’s publications in Shanghai Securities News, securities times, Securities Daily, China Securities News and cninfo.com on the same day（ http://www.cn.info.com..cn. ）Announcement on pre disclosure of share reduction plan of directors and senior managers (Announcement No.: 2021-064);
On November 12, 2021, the company disclosed the shareholding reduction plan of Mr. Luo qunqiang, the director of the company. For details, see the company’s publications in Shanghai Securities News, securities times, Securities Daily, China Securities News and cninfo.com on the same day（ http://www.cn.info.com..cn. ）Pre disclosure announcement on Directors’ share reduction plan (Announcement No.: 2021-067).
The reduction plan of the aforementioned shareholders Zhang Guoqiu and Luo qunqiang is in progress. As of the date of this announcement, Zhang Guoqiu has reduced 874200 shares and Luo qunqiang has reduced 706200 shares. The company will disclose the progress of shareholders’ reduction in accordance with relevant regulations and draw investors’ attention to the possible risks caused by shareholders’ reduction.
The company solemnly reminds investors that the information disclosure media selected by the company are Shanghai Securities News, securities times, Securities Daily, China Securities News and cninfo（ http://www.cn.info.com..cn. ）, all information of the company shall be subject to the information published in the above selected media. The company will make timely information disclosure in strict accordance with the provisions and requirements of relevant laws and regulations. Please invest rationally and pay attention to risks. It is hereby announced.
Hunan Yujing Machinery Co.Ltd(002943) board of directors December 24, 2021
