The 61 year old chairman suspected of manipulating the market was filed by the CSRC! Emergency response of listed companies

Sunrise Group Company Limited(002752) 3 announced on March 11 that the company recently received a notice from Lin Yongxian, one of the actual controllers of the company and chairman of the board of directors. On March 10, he received the notice of filing a case from the CSRC. The CSRC decided to file a case against him because he was suspected of securities market manipulation.

Sunrise Group Company Limited(002752) said that this case filing has nothing to do with the company and will not have a significant impact on the company’s daily business activities p align = “center” will not have a significant impact on the company’s daily business activities

The announcement shows that Lin Yongxian will actively cooperate with the investigation work of the CSRC and perform the obligation of information disclosure in accordance with the provisions of relevant laws and regulations and regulatory requirements.

This case filing is a special investigation on Lin Yongxian’s involvement in the above matters, which has nothing to do with the company and will not have a significant impact on the company’s daily business activities. The company will pay close attention to the progress of Mr. Lin Yongxian’s case.

According to public information, Lin Yongxian was born in 1961 in Hong Kong, China, with a high school education. He is the vice chairman of the seventh Committee of the metal container committee of China Packaging Federation and the vice president of the Sixth Council of Fuzhou Association of foreign invested enterprises. Lin Yongxian has been the chairman and legal representative of Sunrise Group Company Limited(002752) since September 2010.

Sunrise Group Company Limited(002752) was established in 1992. Its main business is the R & D, design, production and sales of food and beverage packaging containers and the provision of beverage filling services. Its main products are beverage cans and food cans. Downstream customers include well-known enterprises such as red bull and Wang LaojiP align = “center” annual net profit increased by more than 11 times

According to the Sunrise Group Company Limited(002752) performance forecast, the company expects to achieve an operating revenue of 5.08 billion yuan to 5.2 billion yuan in 2021, with a year-on-year increase of 74.99% to 79.12%; It is expected to realize the net profit attributable to the shareholders of the listed company from 166 million yuan to 182 million yuan, with a year-on-year increase of 1116.9% to 123273%.

During the reporting period, the company deepened the cooperation with important strategic customers closely around the medium and long-term development strategy and annual business plan, and the business scale continued to expand. The market demand and orders of the company’s main products have increased significantly year-on-year, and have exceeded the average level of normal years. In particular, the orders of new energy beverage customers have increased significantly, which has driven the double growth of the company’s main business of can making and filling; At the same time, the company actively responded to the adverse factors of rising raw material prices in various ways, actively promoted cost reduction and efficiency improvement measures of production and manufacturing and continued to expand market share, and achieved rapid year-on-year growth in 2021.

The announcement shows that in 2021, the market development of the company’s high-end aluminum bottle project made breakthrough progress and is in the stage of continuous release of production capacity. The business increased significantly in 2021. Aluminum bottles mainly serve high-end beer packaging, and high-end aluminum bottles have become one of the company’s new core profit growth points; In the context of consumption upgrading and market recovery, the high-end development trend of China’s beer market is good, which has promoted the growth of the company’s aluminum bottle business; The company continues to extend the industrial chain and improve the layout of production bases in the southwest market. The expansion of overseas markets is also accelerating, providing the company with a growth point of overseas sales revenue.

As of the closing on March 11, the company’s share price closed at 5.63 yuan / share, with a closing increase of 3.49% and a market value of 5.5 billion yuan.

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