On the 30th, the Shenzhen Stock Exchange issued a letter of concern to Zhejiang Canaan Technology Limited(300412) , asking whether it took the initiative to cater to market hot spots and hype the company’s share price.
Shenzhen Stock Exchange pointed out that on December 16, Zhejiang Canaan Technology Limited(300412) received research from specific objects and communicated with investors on the fluid equipment, intelligent logistics system, solid preparation equipment and other businesses of the company and its subsidiaries.
In this regard, the attention letter requires Zhejiang Canaan Technology Limited(300412) please verify and explain whether the company’s fundamentals have changed significantly and whether the recent stock price increase matches the company’s fundamentals in combination with the actual operation of the company’s relevant businesses, market demand, environmental changes, market competitiveness and so on; Combine the valuation, P / E ratio and stock price change range of Listed Companies in the contract industry, give sufficient risk tips on the sharp fluctuation of stock price, check whether there are other undisclosed information that should be disclosed, and whether there are situations that actively cater to the market hot spots and hype the company’s stock price.
Meanwhile, the attention letter also requires Zhejiang Canaan Technology Limited(300412) to check the trading of the company’s shares by the company’s controlling shareholders, actual controllers, shareholders holding more than 5%, directors, supervisors, senior managers and their immediate family members in recent one month, whether there is a reduction plan in the next six months, and report the transaction details and self inspection report.
In addition, the attention letter also requires Zhejiang Canaan Technology Limited(300412) to elaborate on media interviews, institutional and investor research, reply to investor consultation, etc. in recent three months, and explain whether there is a violation of the principle of fairness of information disclosure.
Previously, Zhejiang Canaan Technology Limited(300412) repeatedly replied to investors’ questions about covid-19 virus drugs on the interactive website of Shenzhen Stock Exchange. Zhejiang Canaan Technology Limited(300412) said in the reply that the future listing of oral solid preparations will have a positive impact on the company’s equipment orders.
Source: Shenzhen Stock Exchange Interactive Trading Co., Ltd
According to public information, Zhejiang Canaan Technology Limited(300412) was established in 2000 as an enterprise in the pharmaceutical equipment industry. Its main businesses include intelligent factory business of high-end generic solid preparations, innovative pharmaceutical water equipment and pharmaceutical liquid distribution system engineering business of biological preparations, intelligent logistics business, pharmaceutical R & D services, etc.
In the secondary market, Zhejiang Canaan Technology Limited(300412) shares have been trading for three consecutive days since the 28th, and closed at 24.10 yuan on the 30th daily. Since November 29, Zhejiang Canaan Technology Limited(300412) share price has increased by 164.54% in total, and abnormal fluctuation of share price has been touched twice during this period. So far, its total market value is 7.056 billion yuan.
(Zhongxin Jingwei)