Double the share price in 5 days, deep set the employee stock ownership plan for nearly 5 years, and quickly clear the warehouse! Here comes the attention letter

A desperate life.

Due to the concept of “electronic identity”, the stock price of Hangzhou Everfine Photo-E-Info Co.Ltd(300306) rose 96.03% in five trading days from March 10 to 16, with the limit rising for three consecutive trading days.

Catching up with the high point of the stock price, the company’s “Yuanyuan Changyi No. 2” employee stock ownership plan sold out all 560100 shares on March 16. This “quick throw” action has attracted the attention of the market and Shenzhen Stock Exchange.

hot! Share price soars with the concept of “electronic identity

In February 2022, the general office of the State Council issued the opinions on accelerating the expansion of the application field of electronic certificates and licenses and national mutual recognition, which proposed that by the end of 2022, the commonly used certificates and licenses of enterprises and the masses will be basically electronic. By 2025, the application field of electronic certificates and licenses will be more extensive, and the electronic application of personal commonly used certificates such as birth medical certificates, household register, ID cards and social security cards will be accelerated, Promote the universal use of relevant electronic licenses.

The executive meeting of the State Council held on March 14 pointed out that we should promote the electronization of ID cards, realize the service matters requiring ID cards through code scanning, and ensure the information security and privacy of the masses. For a time, the popularity of the concept of “electronic identity” increased, and the “electronic identity card index” has risen sharply for three consecutive days this week, with a cumulative increase of more than 13%.

Specifically, on March 14, the concept sector of electronic ID card rose by 5.22%, of which Hangzhou Everfine Photo-E-Info Co.Ltd(300306) rose by 19.98%, ranking first; On the 15th, the concept of electronic ID card continued to excel; On the 16th, the electronic ID card sector continued to strengthen, and the electronic ID card index closed up 7.26%.

On the evening of March 16, Hangzhou Everfine Photo-E-Info Co.Ltd(300306) issued a stock price change announcement, saying that it was concerned about media reports that the company was involved in electronic ID card business, and the company was not directly involved in electronic ID card business. At present, the company mainly focuses on the market of biometric technology, products and services, focusing on developing business in transportation driving training, finance and banking, public safety, military industry and other industries. The main products are motor vehicle driver training management information system; Financial biometric products such as fingerprint instrument and fingerprint identification module; ID card reading machines and other identification products.

According to the letter of concern of Shenzhen Stock Exchange, Hangzhou Everfine Photo-E-Info Co.Ltd(300306) lists the composition of the company’s operating revenue in recent two years according to the type of subdivided products, and explains whether various products or services of the company are related to the concept of “electronic identity” and businesses related to electronic certificates. In addition, combined with the policy environment, industrial chain pattern, market competition, development trend, etc. of electronic license related business and its relevance to the company’s business, this paper explains the specific impact of relevant concepts on the company’s production and operation.

urgent! One time liquidation of ESOP

It has attracted much attention that Hangzhou Everfine Photo-E-Info Co.Ltd(300306) while clarifying that “it is not directly involved in the electronic ID card business for the time being”, on the other hand, it has sold out the shares held by the ESOP for many years.

On the evening of March 16, Hangzhou Everfine Photo-E-Info Co.Ltd(300306) announced that all 560100 shares of the company’s shares held by “Yuanyuan Changyi No. 2” employee stock ownership plan had been sold through centralized bidding trading on the same day.

Hangzhou Everfine Photo-E-Info Co.Ltd(300306) announced that as of May 17, 2017, the company’s “Yuanyuan Changyi No. 2” employee stock ownership plan had completed the purchase of the company’s shares, with a cumulative purchase of 560100 shares of the company’s shares, a transaction amount of 105138 million yuan, an average transaction price of 18.77 yuan, and the number of shares purchased accounted for about 0.19% of the company’s total share capital.

According to the retrospective data, “Yuanyuan Changyi No. 2” employee stock ownership plan was established in early 2017, and the purchase was completed in May of that year. According to the rules, the shares held by the employee stock ownership plan are unlocked twice.

however, equity incentive did not help the company’s business continue to strengthen. In the year after the ESOP purchased shares (2017), Hangzhou Everfine Photo-E-Info Co.Ltd(300306) net profit increased by 47% year-on-year; However, in 2018, due to the significant decline in the performance of weir technology acquired in the early years, the listed company suffered a huge loss of 485 million yuan that year. During this period, the company’s share price fluctuated all the way down, once falling below 6 yuan in October 2018

In 2020, 2021 and 2022, Hangzhou Everfine Photo-E-Info Co.Ltd(300306) respectively held a meeting of the board of directors for deliberation, and agreed to extend the company’s “Yuanyuan Changyi No. 2” employee stock ownership plan for one year for three consecutive times, that is, the renewal period is extended to May 16, 2021, May 16, 2022 and May 16, 2023 respectively.

until recently, the magical counter attack was staged. Due to the concept of “electronic identity”, from March 10 to 16, Hangzhou Everfine Photo-E-Info Co.Ltd(300306) ‘s share price rose 96.03% in five trading days, making the company’s share price “stand” on the cost line of the employee stock ownership plan for the first time in more than four years

Trend chart of Hangzhou Everfine Photo-E-Info Co.Ltd(300306) share price in recent five years

In this regard, the letter of concern of Shenzhen stock exchange requires Hangzhou Everfine Photo-E-Info Co.Ltd(300306) to explain the situation of controlling shareholders, actual controllers, shareholders holding more than 5%, directors, supervisors, senior managers and their immediate family members in buying and selling the company’s shares in the last month, whether there is a reduction plan and the specific contents of the reduction plan in the next six months, and whether there is insider trading, market manipulation and illegal trading of the company’s shares, Whether the company hypes the stock price and cooperates with relevant personnel or the reduction of ESOP.

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