The share price directly doubled in 7 days. Executives should take the opportunity to reduce their holdings! What happened when the strongest oil and gas concept stocks alerted the exchange?

On March 4, Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) ( Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) ) showed the trend of daily limit again, which is also the seventh daily limit that the stock has closed continuously since February 24. As of the closing on March 4, Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) was reported at 12.24 yuan, up 1.11 yuan or 9.97% The cumulative increase of September has reached 24 so far

After the stock price rose continuously, Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) received the attention letter issued by Shenzhen Stock Exchange on March 4.

does the sharp rise in share price lack fundamental support

Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) office is located in Zhundong petroleum base, Fukang City, Xinjiang. Its main businesses include dynamic monitoring, downhole technical operation, shale oil exploitation technical services, etc. some businesses are affected by the climate conditions of the region and have obvious seasonality. The company is a professional enterprise providing oilfield dynamic monitoring and EOR technical services for oil and gas exploitation enterprises. It has formed comprehensive technical service capabilities such as oilfield dynamic monitoring data acquisition, data interpretation, research and application, treatment scheme preparation, stimulation measures construction and effect evaluation. It is an integrated oilfield with strong strength in the western region The stimulation technology service enterprise can provide "one-stop" technical services such as oilfield stimulation, oilfield management and supporting construction.

in the context of the recent continuous rise in international oil prices, Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) has been hyped by the market because it is classified as an oil and gas sector. In the attention letter on March 4, the Shenzhen Stock Exchange Requested Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) to analyze the reasons that may lead to the large increase of the company's recent stock price and obvious deviation from the market, and whether there have been significant changes in the company's recent operation and internal and external business environment in combination with the macro situation of the market, the situation of the industry, the stock price trend of Listed Companies in the same industry and the company's production and operation, And give sufficient risk tips

Meanwhile, Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) needs to explain whether the company's recent sharp rise in share price lacks fundamental support in combination with the company's operating performance, P / E ratio and P / B ratio; According to the written inquiry from the controlling shareholder and actual controller of the company, explain whether the shareholder and actual controller plan to transfer equity, restructure assets and other matters that have a significant impact on the company; Combined with the recent research of reception institutions and individual investors, as well as the early information disclosure and interactive easy response, explain whether it violates the principle of fair disclosure, misleads investors and hypes stock prices; Check whether the company's directors, supervisors, senior managers and their immediate family members buy and sell the company's shares and whether they are suspected of insider trading.

Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) once said in the announcement of abnormal fluctuation of stock trading on the evening of March 2 that at present, the vast majority of the company's business income comes from China's oilfield technical services, and the company and its subsidiaries have no oil and gas production business. Except that the settlement price of oil and water well overhaul and other businesses has been restored to the normal year level since September 2021, the settlement price of other business items of the company has not been restored therefore, there is still uncertainty about the impact of the recent rise in international oil prices on the company's future performance

Secretary of the board and chief engineer want to take the opportunity to reduce their holdings

After the stock price rose continuously, Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) was listed on the dragon and tiger list on March 4. According to the data of the dragon and tiger list disclosed on March 4, the seats participating in Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) are hot money seats, and there is no special seat for institutions.

After the huge speculation of hot money, the share price of Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) in the secondary market has reached an all-time high. With the sharp rise of share price, Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) some directors and executives also want to take the opportunity to reduce their shares in the company.

According to the announcement synchronously disclosed on the evening of Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) 34, LV Zhanmin, the director, Secretary of the board of directors and deputy general manager of the company holding 1182900 shares (0.4514% of the total share capital of the company), and Jiang Jianjian, the chief engineer of the company holding 422400 shares (0.1612% of the total share capital of the company), plans to, Reduction of no more than 295700 shares (accounting for 0.1128% of the total share capital of the company) and 105600 shares (accounting for 0.0403% of the total share capital of the company) by means of centralized bidding, including but not limited to. LV Zhanmin and Jiang Jianjian proposed to reduce their holdings because of personal capital needs.

In addition, Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) also announced on the evening of March 4 that the company's account in Industrial Bank Co.Ltd(601166) previously frozen by Beijing Haidian District People's court has returned to normal, and the available balance of relevant bank accounts is the same as the account balance and has returned to normal use.

Looking back on the previous information, on March 12, 2021, Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) received the civil ruling made by Beijing Haidian District People's Court on January 15, 2021. Haidian District Court ruled to seal up the company, chuangyue Energy Group Co., Ltd. and Corresponding property under Qin Yong's name. Upon inquiry, Haidian District Court frozen the account opened by the company in Industrial Bank Co.Ltd(601166) according to the ruling.

On December 31, 2021, Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) received the "civil judgment" made by Haidian court on December 30, 2021, which rejected all the litigation claims of Zhongan financing. Then, the company entrusted an attorney to apply to Haidian court for lifting the freezing of the above bank accounts of the company. According to the record of preservation inquiry by Haidian court on February 25, 2022, The court specified that the company's bank account was frozen until March 3, 2022.

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