Guangzhou Lingnan Group Holdings Company Limited(000524) 3 announced on March 22 that the company received the attention letter from the exchange. The Shenzhen stock exchange requires the company to explain whether the directors, supervisors, senior managers and their immediate family members have bought and sold the company’s shares and whether they are suspected of insider trading.
On March 22, the company’s share price fell sharply after hitting the limit, and nearly encountered the “sky floor”, which closed down 8.72% on the same day. Previously, Guangzhou Lingnan Group Holdings Company Limited(000524) rose the limit for five consecutive trading days.
received the attention letter from the exchange
The attention letter shows that the company’s share price rose for five consecutive trading days from March 15 to March 21. The stock price fluctuated sharply. Since February 2022, it has touched the standard of abnormal fluctuation for five times, including abnormal fluctuation of increase for four times and abnormal fluctuation of decrease for one time.
The exchange requires the company to explain in detail: the recent investigation of reception institutions and individual investors, and whether there is any violation of the principle of fair disclosure. Confirm whether there are major information that should be disclosed but not disclosed, and whether there are major changes in the fundamentals of the company. It is required to ask the controlling shareholder (or actual controller) of the company in writing to explain whether the shareholder and actual controller plan to transfer equity, restructure assets and other matters that have a significant impact on the company, and ask them to reply in writing.
Shenzhen stock exchange requires the company to make a written reply to the above verification and disclose it to the public before March 25, 2022, and submit the written statement and other attachments of the controlling shareholder.
On March 22, Guangzhou Lingnan Group Holdings Company Limited(000524) share price experienced a huge shock, and the share price once rose by the intraday limit. As of the closing, the share price was 12.98 yuan / share, down 8.72%, and the total market value of the company was 8.7 billion yuan.
In the announcement of abnormal fluctuations in stock trading disclosed on March 21, the company said that the company’s recent operation was normal and the internal and external business environment had not changed significantly. At present, although the Chinese tourism market is affected by the epidemic in various places, and the outbound tourism market has not been restarted, with the popularization of covid-19 vaccine and the continuous introduction of specific drugs, it is expected to usher in more positive factors to promote the recovery and development of the tourism market in the future. Facing the market changes after the normalization of epidemic prevention and control, the company will actively grasp the new demand, integrate into the new development pattern, constantly deepen the transformation and upgrading, innovate and supply in one main and multiple ways, and continue to promote the layout of the company’s Pan tourism industry ecosystem.
2021 year on year loss reduction
According to public information, Guangzhou Lingnan Group Holdings Company Limited(000524) is a comprehensive tourism group integrating Travel Agency (business travel business), hotel (large accommodation industry), exhibition, scenic spot, automobile service and other businesses. At present, the business composition of the company mainly includes business travel, accommodation, convention and exhibition, scenic spots and automobile services, forming a complete tourism industry chain covering travel agencies, hotels, catering, convention and exhibition, scenic spots, tourism transportation and tourism letters.
The 2021 annual report recently disclosed by the company shows that during the reporting period, the inbound and outbound tourism group business has not resumed operation, and affected by the dot like outbreak of China’s epidemic and the random circuit breaker of cross provincial tourism, the company realized a total operating revenue of about 1.526 billion yuan in 2021, a year-on-year decrease of 18.71%; The net profit attributable to the shareholders of the listed company was about – 128 million yuan, a year-on-year decrease of 46.85%; The net profit attributable to the shareholders of the listed company after deducting non recurring profits and losses was -185 million yuan, a year-on-year decrease of 28.85%.
Guangzhou Lingnan Group Holdings Company Limited(000524) pointed out that the company took various positive measures. On the one hand, on the basis of strictly doing a good job in epidemic prevention, the company strictly controlled costs and focused on business, process and model innovation; On the one hand, we should continue to promote the distribution and innovation of the main business in the country. On the other hand, we should continue to promote the expansion and innovation of the main business in the market.
During the reporting period, the automobile service industry remained basically stable. Dongfang Motor Corporation realized a total operating income of 200501 million yuan, a year-on-year decrease of 5.03%; The net profit attributable to the owners of the parent company was 994600 yuan, a year-on-year increase of 5.99%.
For the business plan for 2022, the company’s annual report revealed that it will continue to take innovation and capital as the dual engine, coordinate the epidemic prevention and control and production and operation, and take doing deep business travel, expanding accommodation, strengthening exhibition, refining scenic spots, optimizing car rental and building a new “x” industry as the main business development strategy. Focus on the new market demand and new consumption habits in the new development stage, break through the traditional business, promote the postponement of industry from tourism to travel, the extension from hotel to accommodation, and the extension from conference to exhibition, and focus on cultivating diversified business forms; Further strengthen the combination of incentive mechanism and achievement orientation, release the market vitality of innovative business, and actively cultivate new business forms into new growth poles.
For the related party transactions in 2022, the company recently announced that the proposal on the prediction of the company’s daily related party transactions in 2022 was considered and adopted at the 20th meeting of the 10th board of directors on March 21, 2022. It is estimated that the total amount of daily related party transactions in 2022 is 73051500 yuan, and the actual amount of similar transactions in the previous year is about 433062 million yuan.
