In the morning of March 14, the Shanghai stock exchange sent a letter of concern to Dynavolt Renewable Energy Technology (Henan) Co.Ltd(002684) asking the company to explain whether there was “hot spot” speculation on the stock price in the reply of the investor interaction platform.
According to the attention letter, on March 11, 2022, Dynavolt Renewable Energy Technology (Henan) Co.Ltd(002684) said on the investor interaction platform, “4680 battery is a part of the company’s capacity planning, and relevant R & D and equipment schemes are also in progress”. However, from the perspective of performance, the company has continued to suffer losses in recent years and is insolvent. On April 30, 2021, because the net profit before and after deducting non recurring profits and losses in the last three years, whichever is lower, is negative, and the audit report of 2020 shows that the company’s ability to continue operating is uncertain, Dynavolt Renewable Energy Technology (Henan) Co.Ltd(002684) stock trading was subject to other risk warning treatment; According to the company’s financial report, the company achieved a revenue of 618 million yuan from January to September 2021, a net profit of -926 million yuan attributable to shareholders of listed companies and a net profit of -626 million yuan attributable to shareholders of listed companies after deducting non recurring profits and losses.
Therefore, Shanghai stock exchange requires Dynavolt Renewable Energy Technology (Henan) Co.Ltd(002684) to analyze and explain the R & D stage and production of 4680 batteries of major battery manufacturers in China and abroad, and specify the process difference between 4680 battery production and the company’s existing products in combination with the company’s production process, equipment and capacity planning of major battery products, and quantify the equipment investment required for the production of new batteries R & D investment, etc.
In addition, on March 3, 2022, Dynavolt Renewable Energy Technology (Henan) Co.Ltd(002684) announced that some of the company’s shares pledged by the controlling shareholder Shantou Chenghai District Humei Battery Co., Ltd. (hereinafter referred to as “Humei company”), the actual controller Chen Lewu and its concerted actor Shenzhen qianhaiyide capital advantage equity investment fund partnership (Limited partnership) have fallen below the closing price; On March 11, the company disclosed an announcement, saying that due to the liquidation of positions by pledge, the Shanghai US company reduced 2.15 million shares of the company on March 9, accounting for 0.38% of the total share capital of the company. The Shenzhen stock exchange requires the company to explain whether there is “hot spot” speculation on the stock price in the reply of the company on the investor interaction platform in combination with the above situation, so as to avoid the situation that the controlling shareholders, actual controllers and persons acting in concert hold the shares of the company and are closed.
