After the Supervision Department filed the case for investigation, he was monitored and lived by the public security organ. The actual controller and board secretary of Guangzhou Haozhi Industrial Co.Ltd(300503) who was reported to be “in charge” are swallowing the “bitter wine” brewed by himself.
On December 28, Guangzhou Haozhi Industrial Co.Ltd(300503) announced that Tang Xiuqing, the controlling shareholder and actual controller of the company, and Xiao Yonglin, the deputy general manager and Secretary of the board of directors, were under residential surveillance at the designated residence of Jinhua Public Security Bureau on suspicion of manipulating the securities and futures market. The relevant matters remain to be further investigated by the public security organ.
Before being detained, Tang Xiuqing also served as Guangzhou Haozhi Industrial Co.Ltd(300503) vice chairman and general manager, while Xiao Yonglin served as director and chief financial officer. On the 28th, Guangzhou Haozhi Industrial Co.Ltd(300503) the emergency board of directors decided that Tang Lijun, chairman of the board, Lei Qun, director and deputy general manager, should perform their duties on their behalf.
The company said that the investigation is a personal investigation of relevant personnel of the company, not involving the company. At present, the company’s operation is normal. On December 29, Guangzhou Haozhi Industrial Co.Ltd(300503) has fallen nearly 12% to close. Over the past four months, its share price has plummeted by nearly 50%.
share price “halved” in four months
On the morning of December 29, Guangzhou Haozhi Industrial Co.Ltd(300503) opened 9.27% lower, rebounded slightly and continued to decline, with the largest intraday decline of 12.53%. As of the closing of the day, its share price was reported at 12.74 yuan, down 11.83%. Compared with the highest point of 21.2 yuan in August in recent years, it has fallen by nearly 50% in the past four months.
According to the data of the third quarter, Tang Xiuqing holds 86.7268 million shares, accounting for 28.34%, and is the largest shareholder of the company; Tang Lijun holds 2811465 shares, accounting for 9.19%, ranking second; Guangxi Haoju Enterprise Management Co., Ltd. (hereinafter referred to as “Haoju company”) holds 11083900 shares, accounting for 3.62%, ranking third; Tang Xiusong holds 6.052 million shares, accounting for 1.98%.
According to the public information, the top ten shareholders Tang Xiuqing, Tang Lijun and Tang Xiusong are sister and brother relationships, Tang Lijun is the sister of Tang Xiusong and Tang Xiuqing, and Tang Xiusong is the brother of Tang Xiuqing. Tang Xiuqing is the controlling shareholder and actual controller of Haoju company, and serves as executive director and legal representative.
As of October 22, the number of shares pledged by Tang Xiuqing and his concerted actor Haoju company due in the next six months was 19.8 million shares, accounting for 20.24% of the company’s shares and 6.47% of the company’s total share capital. The number of pledged shares due within the next year (including the data due within the next six months) is 50329900 shares, accounting for 51.46% of the company’s shares and 16.44% of the company’s total share capital.
According to tianyancha information, Tang Xiuqing was born in December 1973 and graduated from Hong Kong International Business School with a master of Business Administration (EMBA). In 2000 and 2005, Tang Xiuqing founded Guangzhou yongdake Plastic Hardware Co., Ltd. and Guangzhou Dake Precision Machinery Co., Ltd. After the establishment of Guangzhou Haozhi Industrial Co.Ltd(300503) in December 2006, all spindle related businesses operated by Dake precision Institute have been put into operation. Since the establishment of the company, Tang Xiuqing has been the vice chairman and general manager of the company. After receiving 51% equity in 2009, he has become the controlling shareholder and actual controller of the company. Since May 2017, he has served as a director of Sichuan Dawn Precision Technology Co.Ltd(300780) .
Xiao Yonglin, who was also under surveillance, was born in April 1979 and graduated from Zhongnan University of economics and law with an MBA. From July 1997 to June 2010, Xiao Yonglin was the chief financial officer and deputy general manager of Guangzhou Xinxin daily products Co., Ltd. Since October 2010, Xiao Yonglin has been the chief financial officer of renhaozhi Co., Ltd; He served as Guangzhou Haozhi Industrial Co.Ltd(300503) deputy general manager, Secretary of the board of directors and chief financial officer since July 2011. He resigned as chief financial officer in February 2013 and re served as chief financial officer in October 2015.
In fact, it was no accident that Tang Xiuqing and Xiao Yonglin were required to live under surveillance at their designated residence.
On May 14 this year, the former private placement personnel reported that many listed companies were “sitting on the throne” from their real names, including Guangzhou Haozhi Industrial Co.Ltd(300503) . On the same day, the Shenzhen Stock Exchange issued a letter of concern, requiring the company to check and explain whether the relevant reports are true, whether there are cases of collusion with a third party and independent manipulation of the company’s share price and position, and whether there are cases that damage the interests of listed companies and small and medium-sized investors; Whether the company, its controlling shareholders, actual controllers, directors, supervisors, Secretary of the board of directors and other relevant personnel have signed market value management related agreements or similar arrangements with other third parties, and whether there is improper market value management; And whether there is material information that should be disclosed but not disclosed.
After repeated delays, it was not until September 30 that Guangzhou Haozhi Industrial Co.Ltd(300503) announced that it had recently received a notice from Tang Xiuqing and received the notice of filing a case from the CSRC on the same day. Due to suspected manipulation of the securities market, the CSRC had filed a case against him on September 26.
The announcement on September 28 showed that 9 million shares under Tang Xiuqing’s name had been frozen by Jinhua Public Security Bureau on the 24th of that month, accounting for 10.38% of his shares and 2.94% of the total share capital of the company.
In addition to Guangzhou Haozhi Industrial Co.Ltd(300503) , a number of listed companies were initially involved in the “market value management storm of Ye Fei”. On September 24, the CSRC said that it had cooperated with the public security organs to carry out joint action. Relevant personnel were suspected of manipulating ” Hunan Nanling Industry Explosive Material Co.Ltd(002096) (002096)” ” Ktk Group Co.Ltd(603680) ” ” Guangzhou Haozhi Industrial Co.Ltd(300503) stock prices, made significant progress, and the main suspects in the three market manipulation cases were arrested.
According to incomplete statistics, not only many of the above-mentioned companies have been focused by supervision, but also the relevant responsible persons of some companies have been filed. On September 15, Tibet Huayu Mining Co.Ltd(601020) was put on file for investigation on suspicion of illegal information disclosure. On September 27, Ktk Group Co.Ltd(603680) announced that GE Yaohong, director and general manager, and Hu Limin, director, deputy general manager and chief financial officer, had received the notice of filing a case from the China Securities Regulatory Commission because you were suspected of securities market manipulation.
share price rose 30% against the trend
According to public information, Guangzhou Haozhi Industrial Co.Ltd(300503) is an environmental protection high-tech and GEM listed enterprise specializing in R & D, design, production, manufacturing, sales and maintenance services of high-precision motorized spindles and their spare parts. From the past performance, Guangzhou Haozhi Industrial Co.Ltd(300503) fell into a trough in 2019 and suddenly turned over in 2020.
In the 2019 annual report, Guangzhou Haozhi Industrial Co.Ltd(300503) frankly, 2019 is a year full of hardships and challenges for the company. Under the comprehensive influence of factors such as the decline of orders from major users in 3C field and extremely fierce market competition, the company realized an operating revenue of 352 million yuan in 2019, a decrease of 23.84% over the same period of last year; The total profit was -182 million yuan, a year-on-year decrease of 384.68%; The net profit attributable to the shareholders of the listed company was -155 million yuan, the earnings per share was -0.55 yuan, and the weighted average return on net assets was -16.30%.
Profits fell nearly fourfold, but the share price rose by more than 30%, from 8.91 yuan / share at the beginning of the year to 11.72 yuan / share. If calculated according to the lowest price of 7.47 yuan / share in the middle of the year, the highest increase in the second half of the year is more than 50%.
In 2020, covid-19 epidemic swept the world, raw materials rose, but Guangzhou Haozhi Industrial Co.Ltd(300503) performance rose against the trend by relying on the mask machine business that had never been involved before. The annual report shows that in 2020, the company achieved an operating revenue of 874 million yuan, a year-on-year increase of 148.75%, and the net profit attributable to shareholders of listed companies was 74.6352 million yuan, a year-on-year increase of 148.13%.
Among them, the company’s turntable and other functional parts related businesses (including turntable, linear motor, reducer and mask machine parts) achieved a sales revenue of 169 million yuan, an increase of 2531.95% over the previous year. The mask machine parts such as ultrasonic welding system independently developed by the company alone have brought a large business increment to the company. The sales revenue in a single year was 115 million yuan, accounting for about 13% of the operating revenue, which was not sold in the previous year.
In this regard, the Shenzhen Stock Exchange issued an inquiry letter requiring the company to supplement and disclose the gross profit margin of mask machine parts, the gross profit margin of turntable and other functional parts after removing mask machine parts and their changes, and the reasons, rationality and sustainability of the significant increase in gross profit margin of turntable and other functional parts.
According to the third quarterly report, Guangzhou Haozhi Industrial Co.Ltd(300503) achieved a revenue of 943 million yuan in the first three quarters, a year-on-year increase of 41.54%; The net profit was 168 million yuan, a year-on-year increase of 86.57%. In the third quarter, the revenue was 324 million yuan, a year-on-year increase of 56.32%; The net profit was 63.6876 million yuan, a year-on-year increase of 157.87%.
It is worth noting that the proportion of revenue contribution in the third quarterly report has changed again. The sales revenue from the company’s spindle products was 535 million yuan, accounting for 56.76% of the sales revenue, an increase of 105.62% over the same period of last year. The sales revenue of mask machine parts business, which accounted for a high proportion of sales revenue in the same period of last year, was zero in the reporting period.
(First Finance)
