Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) again raised the limit on the 4th, which is the seventh consecutive daily limit of the stock, which has reached a record high. Since February 24, Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) has increased by 94.9%.
After the share price closed 7 times in a row, the attention letter issued by the Shenzhen Stock Exchange was received on Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) 4.
In the context of the recent surge in international oil prices, Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) was hyped by market funds. According to the data of Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) 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.
In the letter of concern on the 4th, 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. 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. Shenzhen stock exchange requires Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) 3 to reply and disclose to the public before September 9.
As of press time, Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) has not replied to the letter of concern of Shenzhen Stock Exchange.
Earlier, on March 2, Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) issued an announcement on abnormal fluctuations in stock trading, saying 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, the impact of the recent rise in international oil prices on the company’s future performance is still uncertain.
With the sharp rise of share price, Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) some directors and senior executives want to take the opportunity to reduce their shares in the company. According to the announcement on the evening of Xinjiang Zhundong Petroleum Technology Co.Ltd(002207) 4, LV Zhanmin, the director, Secretary of the board and deputy general manager of the company holding 1182900 shares, and Jiang Jianjian, the chief engineer of the company holding 422400 shares, plan to reduce the shares of the company by means of centralized bidding, including but not limited to 295700 shares and 105600 shares respectively, within 6 months after 15 trading days from the date of disclosure of the announcement. LV Zhanmin and Jiang Jianjian proposed to reduce their holdings because of personal capital needs.
