Baijiu Baijiu is still the most fragrant concept in the A share market. After rubbing the concept of liquor, Shandong Chiway Industry Development Co.Ltd(002374) has been rising continuously to become one of the most beautiful young stock market in recent years. But today it has blinked up to see what has happened.
On January 5, 2022, Shandong Chiway Industry Development Co.Ltd(002374) (002374, SZ) opened 7.42% higher this morning, and the back market fluctuated slightly. The stock price plunged straight at 9:50 a.m. and hit the limit only 40 minutes from diving, with an amplitude of 17%. as of the close, Shandong Chiway Industry Development Co.Ltd(002374) closed at 10.79 yuan, down 10.01% by the limit, the turnover rate was 30.16%, the transaction was 3.45 billion yuan, and the latest market value was 11.74 billion yuan.
It should be emphasized that Shandong Chiway Industry Development Co.Ltd(002374) has basically been lying flat in the past three years. The change began on November 25, 2021. In more than one month from that day to January 5, 2022, Shandong Chiway Industry Development Co.Ltd(002374) share price rose from 2.62 yuan / share to 12.95 yuan / share, and the maximum increase of was 400%.
In the face of a sudden plunge in the stock price, Shandong Chiway Industry Development Co.Ltd(002374) stock bar netizens instantly burst into the pot. Some netizens left a message saying, “I was careless in the morning, and the opening board actually filled the position. Now the position is heavy, and the cost is 12.45 yuan”, “I just came yesterday and was pressed to death on the limit today”; Others were not calm, saying that “the loss was fried, and the snowman lost in the morning chased Zhongrui”.
The latest data show that the number of Shandong Chiway Industry Development Co.Ltd(002374) shareholders is 3023.
Shandong Chiway Industry Development Co.Ltd(002374) the stock price soared for a short time due to a piece of news. According to public reports, in November 27th, the Shandong Chiway Industry Development Co.Ltd(002374) wholly-owned subsidiary of Shanghai banquet Liquor Co., Ltd., the wine banquet of Baijiu Liquor Co., Ltd., officially announced the official launch of the series of liquor products. The volume of the wine in the banquet sauce market was interpreted as the Shandong Chiway Industry Development Co.Ltd(002374) ‘s opening into the Baijiu industry.
On November 27, 2021, Guiyan bottle wine industry held a press conference and held a cooperation signing ceremony with Guizhou Renhuai bobaojiang wine industry Co., Ltd. On November 30, the company made it clear that the business of its subsidiary Guiyan Bottle Wine Co., Ltd. is still in its infancy and accounts for a very low proportion in the company’s overall operating revenue.
On December 15, 2021, Shandong Chiway Industry Development Co.Ltd(002374) announced that Tang Hongbo, the director of the company, planned to reduce his shares by no more than 499000 shares in the next six months, accounting for 24.97% of his shares. In fact, before Tang Hongbo planned to reduce his holdings, Shandong Chiway Industry Development Co.Ltd(002374) important shareholders had rushed to reduce his holdings. On December 6, 2021, the listed company announced that sun Shiyao, a shareholder holding more than 5% and acting in concert with sun Kunpeng, vice chairman of the company, had reduced 8.8288 million shares of the company, with an average reduction price of 3.47 yuan / share and a reduction amount of 30.64 million yuan. According to the plan, sun Shiyao will reduce his holdings of no more than 4171200 shares in the future. According to today’s closing price, the corresponding reduction amount is 45 million yuan.
The predecessor of Shandong Chiway Industry Development Co.Ltd(002374) is Lipeng shares, which was founded in 1995. The official website shows that the company’s leading products are anti-counterfeiting bottle caps and composite anti-counterfeiting printed aluminum plates, and the products are popular in the national and world markets.
In March 2010, Lipeng shares landed in the A-share market, known as the “bottle cap king”. After listing, although the company’s operating performance is generally stable, there is no development. By 2014, the net profit attributable to the shareholders of the listed company was 31 million yuan, which was basically the same as the net profit of 30 million yuan in 2010.
In 2015, the company completed the acquisition of 100% equity of Huayu garden, with a transaction price of 999 million yuan. The counterparty promises that from 2014 to 2016, the net profit of Huayu garden will not be less than 105 million yuan, 130 million yuan and 169 million yuan respectively. In these three years, the actual completion rates were 103.37%, 101.43% and 100.08%. However, after the expiration of the three-year performance commitment, the performance of Huayu garden began to change. In 2017, its net profit was 126 million yuan, down 25% from 169 million yuan in the previous year. In that year, Shandong Chiway Industry Development Co.Ltd(002374) net profit decreased by 42.12% to 90 million yuan.
In 2018, with the beginning of deleveraging, the landscaping industry in the heavy asset industry is facing greater capital pressure. Huayu garden’s business performance has changed significantly. Three years later, in the first half of 2021, its net profit was only 18.3016 million yuan.
Huayu garden changed its face. In 2018, the company’s specific bad debt loss and goodwill impairment totaled 750 million yuan. This year, Shandong Chiway Industry Development Co.Ltd(002374) lost 790 million yuan, the first loss since its public data.
In 2018, Shandong Chiway Industry Development Co.Ltd(002374) changed ownership. Sun Shiyao, 71, transferred 11% of the equity to Suzhou Ruichang Investment Management Co., Ltd. (hereinafter referred to as Ruichang investment). With the entrustment of voting rights, Qian Jianrong became the new actual controller of the company. Ruichang investment is a wholly-owned subsidiary of Zhongrui group, so the name of the listed company was changed from Lipeng shares to Shandong Chiway Industry Development Co.Ltd(002374) .
According to the financial data, the company suffered losses for three consecutive years from 2018 to 2020. In the first three quarters of last year, it still suffered losses. The sign of improvement is that the loss area has narrowed significantly. Shandong Chiway Industry Development Co.Ltd(002374) there is financial pressure. By the end of the third quarter of 2021, the company’s book monetary capital was 231 million yuan, and the total long-term and short-term debt was 1.533 billion yuan.
(Daily Economic News)
