Paying attention to the recent announcements of listed companies, it can be found that, first, the number of listed companies that repurchase shares has increased significantly, and second, the number of shareholders of listed companies that increase their holdings has increased significantly. At present, the A-share market is weak, and it has become the choice of more listed companies to express their confidence in the market with real gold and silver.
Taking the Spring Festival as the time point, according to the statistics of the financial Associated Press, 200 listed companies have implemented share repurchase, with a purchase amount of nearly 10 billion, including many leading listed companies. The share increase is also remarkable. Since the Spring Festival, 20 listed companies have completed the shareholder share increase plan, and 21 share increase plans are still in intensive progress.
Why repurchase, how to see the future development of the company, a number of listed companies were interviewed by reporters.
200 listed companies buy back nearly 10 billion, supporting the share price
After the Spring Festival, the repurchase behavior of listed companies has increased significantly. As of the latest statistics, 200 listed companies have implemented share repurchase, with a total number of 621 million shares repurchased, with a repurchase amount of 9.612 billion yuan. Among them, more than 60 listed companies in Shenzhen have repurchased, with a total repurchase amount of nearly 4 billion yuan.
Among the 200 listed companies, 24 enterprises repurchased more than 100 million yuan, of which Hengli Petrochemical Co.Ltd(600346) and Shenzhen Mindray Bio-Medical Electronics Co.Ltd(300760) repurchased more than 1 billion yuan, ranking first. In addition to the other companies that have spent billions of billions in the past, there are also companies that have spent billions of billions in the past, among which the companies that have spent billions of billions of billions of billions in the past, including Jiangsu Hengrui Medicine Co.Ltd(600276) \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\ Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) , Zhejiang Chint Electrics Co.Ltd(601877) Tianfeng Securities Co.Ltd(601162) and Winner Medical Co.Ltd(300888) . The amount of shares repurchased by the above-mentioned companies reached 6.487 billion yuan, accounting for nearly 70%.
It is worth noting that compared with before the Spring Festival, more and more leading listed companies took out real silver to support the stock price, such as industrial Internet leader Foxconn Industrial Internet Co.Ltd(601138) , panel leader BOE, pharmaceutical leader Jiangsu Hengrui Medicine Co.Ltd(600276) and consumer electronics leader Lens Technology Co.Ltd(300433) etc.
Tianfeng Securities Co.Ltd(601162) and Tianfeng Securities Co.Ltd(601162) two listed securities companies have implemented repurchase this year.
On March 9, Tianfeng Securities Co.Ltd(601162) announced that in March 2022, the Company repurchased 31485400 A shares through centralized bidding, accounting for 0.3633% of the total share capital of the company, and the total amount paid was 1.12 yuan. It is reported that this repurchase is another action of Tianfeng Securities Co.Ltd(601162) following the share repurchase of 141 million yuan in November last year. On January 25, Guotai Junan Securities Co.Ltd(601211) announced that the company would spend 125882 million yuan to cancel 1.778 million shares on January 27, with a repurchase price of 7.08 yuan / share.
At the same time, the tide of repurchase of listed companies is still relay. With the latest addition of Beijing Bdstar Navigation Co.Ltd(002151) , Qi An Xin Technology Group Inc(688561) , Dayu Water-Saving Group Co.Ltd(300021) , Hunan Zhongke Electric Co.Ltd(300035) , Genbyte Technology Inc(003028) , Genbyte Technology Inc(003028) , 90 listed companies have successively disclosed their share repurchase plans since the Spring Festival, and the number of shares repurchased is expected to be 384 million.
The largest repurchase comes from Zhejiang Century Huatong Group Co.Ltd(002602) . On March 1, Zhejiang Century Huatong Group Co.Ltd(002602) 3 announced that the Company repurchased the company’s shares by means of centralized bidding transaction, with a maximum repurchase amount of 1 billion yuan and a maximum repurchase price of 10 yuan / share. The repurchase period does not exceed 12 months. The company’s shares repurchased this time are intended to be used for equity incentive plan, employee stock ownership plan or reduction of registered capital.
For the recent wave of repurchase of listed companies, Tian Lihui, President of the Financial Research Institute of Nankai University, believes that under the background of irrational decline in the market, share repurchase will help stabilize the stock price and boost market confidence. However, there is also a phenomenon that individual companies manage the market value with the help of share price repurchase. Therefore, the degree of boosting the confidence of the current A-share market depends on the degree and extent of the return of shares, the intensity and intensity of external shocks, and the timeliness and strength of the introduction of policy tools.
several listed companies responded to repurchase
On March 9, S.F.Holding Co.Ltd(002352) announced that as of March 9, 2022, the company had repurchased 103266 million shares of the company through centralized bidding through the special securities account for share repurchase. Based on confidence in the future development prospects and high recognition of its own value, S.F.Holding Co.Ltd(002352) began to implement share repurchase on March 3
S.F.Holding Co.Ltd(002352) responded that the repurchase was based on confidence in the future development of the company. Considering the business development, operation and recent secondary market performance of the company’s shares, it is planned to repurchase the company’s shares through the secondary market with its own funds. We believe that the stock price is much lower than the intrinsic value of the company.
For purposes, S.F.Holding Co.Ltd(002352) the shares repurchased this time will be used to implement employee incentive, so as to demonstrate the company’s confidence in development, further improve the company’s long-term incentive mechanism and fully mobilize the enthusiasm of core backbone and excellent employees, which can not only ensure the long-term stable development of the company, but also further establish the confidence of the capital market.
It is worth noting that S.F.Holding Co.Ltd(002352) this repurchase is much stronger than that in early 2019. The company responded that from the perspective of the company’s operation, compared with that in early 2019, S.F.Holding Co.Ltd(002352) core competitiveness has been continuously enhanced in many aspects. In terms of business scale, the revenue increased from 90 billion in 2018 to more than 200 billion in 2021 (Unaudited). The company focuses on three core business segments: network standard products (express and express), supply chain, and international business. In addition to express and express, supply chain and international business are becoming the second and third profit growth curves of the company.
Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) on November 8, 2021, the proposal on repurchasing the company’s shares was deliberated and approved. The company plans to repurchase 1-2 billion yuan for the later implementation of employee stock ownership plan or equity incentive. As of February 28, 2022, the company has repurchased 4887800 shares, accounting for 0.19% of the total share capital of the company, and the total transaction amount is 212461244 yuan (excluding transaction costs).
The Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) side believes that the impact of the share repurchase plan can be divided into two. In the short term, the repurchase plan can be regarded as a positive signal to the capital market and will play a positive role in boosting the stock price, but the influencing factors of the stock price are multifaceted, including policies, company fundamentals and so on.
In the long run, Beijing Oriental Yuhong Waterproof Technology Co.Ltd(002271) implements the share repurchase plan with three real intentions: first, firm confidence in the future development prospect of the company; Second, based on the determination to safeguard the interests of investors, especially small and medium-sized investors; Third, from the perspective of improving the company’s long-term incentive mechanism, repurchasing shares for employee stock ownership plan or equity incentive plan will help stimulate the enthusiasm and creativity of the team and create higher value for the company and shareholders.
In the past six months, Shenzhen Mindray Bio-Medical Electronics Co.Ltd(300760) launched two rounds of share repurchases in August 2021 and January 2022, with a total amount of 1 billion yuan for each repurchase, which were used for employee stock ownership plan and share cancellation respectively.
Behind the two rounds of large-scale repurchase of its own shares, Shenzhen Mindray Bio-Medical Electronics Co.Ltd(300760) strong fundamentals are supported. The data show that the company’s revenue and net profit have always maintained a stable growth of more than 20% since its listing, with abundant cash flow. In response to the share repurchase, Shenzhen Mindray Bio-Medical Electronics Co.Ltd(300760) responded that it hoped to convey a positive attitude to the market. On the one hand, the company was firmly optimistic about the future development of the domestic medical device industry, on the other hand, it was full of confidence in its own development.
keep the plan going
Increasing shareholding is another important action of shareholders of listed companies.
Since the Spring Festival, 20 listed companies have completed the shareholder increase plan, and another 21 are still in intensive progress. On the same day of March 9, the day of March 9 alone, the same day on March 9, the same day on the same day, the day of March 9, the day when 11 listed companies announced their plans to add holdings or the latest developments, including ‘ Guangdong Zhengye Technology Co.Ltd(300410) \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\ Topchoice Medical Co.Inc(600763) , Thunder Software Technology Co.Ltd(300496) and Bgi Genomics Co.Ltd(300676) .
The increase is also based on confidence in the company’s development prospects Jiangxi Synergy Pharmaceutical Co.Ltd(300636) 3 announced on March 7 that as of March 6, 2022, the term of the actual controller’s shareholding increase plan has expired, and the actual controller Mr. Pang Zhengwei has increased his shareholding by 348089 million yuan (2088179 shares), and Mr. Liang Zhongzhong has increased his shareholding by 284332 million yuan (1627040 shares).
Based on his rich practical experience in the API industry for nearly 40 years, Jiangxi Synergy Pharmaceutical Co.Ltd(300636) chairman Pang Zhengwei is firmly optimistic about the future development of the industry and the company. Referring to the initial intention of the shareholding increase plan, Pang Zhengwei told reporters that he paid more attention to the long-term stable and upward development trend of the API track and the confidence based on the company’s R & D capacity and product reserves, rather than short-term stock price fluctuations.
