In the past, the official seal was out of control, and then a director was placed on criminal record. Now the actual accuser has been released on bail pending trial, Zhongchang Big Data Corporation Limited(600242) can be described as “chicken feather in one place”.
Zhongchang Big Data Corporation Limited(600242) on the evening of January 7, it was announced that Chen Jianming, the actual controller of the company, took the initiative to go to the Shanghai Public Security Bureau on December 24, 2021 to cooperate with the investigation of the case of securities market manipulation, and the Shanghai Public Security Bureau decided to obtain a guarantor pending trial. Previously, the actual controller Chen Jianming was punished by the CSRC for manipulating his own shares.
As of the closing on January 7, the data showed that the share price of Zhongchang Big Data Corporation Limited(600242) had fallen from the historical peak of 25.57 yuan / share to 2.65 yuan / share, the share price fell by about 90%, and the market value evaporated by 10 billion yuan.
“one chicken feather”
Looking through the announcement, it is found that Zhongchang Big Data Corporation Limited(600242) can be described as “one chicken feather”, one wave is not flat, another wave rises again.
Zhongchang Big Data Corporation Limited(600242) on the evening of January 7, it was announced that Chen Jianming, the actual controller of the company, took the initiative to go to the Shanghai Public Security Bureau on December 24, 2021 to cooperate with the Shanghai Public Security Bureau in investigating the case of securities market manipulation. The Shanghai Public Security Bureau decided to obtain a guarantor pending trial, and the period will start from December 25, 2021. Zhongchang Big Data Corporation Limited(600242) said that at present, the company’s production and operation are not affected and all work is carried out in an orderly manner
source: company announcement
It is worth noting that the actual controller Chen Jianming and others were fined and confiscated by the CSRC for participating in centralized trading of their own stocks, totaling more than 34 million yuan. Chen Jianming was banned from the securities market for 10 years.
In addition, Zhongchang Big Data Corporation Limited(600242) internal farce is also wave after wave.
On November 30, 2021, Zhongchang Big Data Corporation Limited(600242) announced that the company found that Li qunnan, a director and former head of the subsidiary Shanghai Yunke Network Technology Co., Ltd., was suspected of misappropriating funds and embezzling the interests of the company during his tenure. In order to ensure the interests of the company, the company collected and mastered relevant evidence materials and reported the case. Chaoyang Branch of Beijing Municipal Public Security Bureau considered that it met the filing standards of criminal cases and filed the case.
This is only a microcosm of the internal problem of Zhongchang Big Data Corporation Limited(600242) . In September 2021, Zhongchang Big Data Corporation Limited(600242) revealed the “Lai Zhang” of the former chairman, and there was no “seal” available for more than one month.
On September 10, 2021, Zhongchang Big Data Corporation Limited(600242) announced that the board of directors elected Lingyun to replace Li qunnan as the chairman of the company on August 2, 2021. Meanwhile, the legal representative of the company has also been changed from Li qunnan to Lingyun, and the industrial and commercial change has been completed. According to regulations, Li qunnan shall count and hand over the company’s seals and licenses to Ling Yun, the current chairman of the company. However, as of the announcement date, the company’s official seal has not been handed over, and there is a risk that the above seal will be lost or out of control.
To this end, the Shanghai Stock Exchange also issued a supervision letter. Zhongchang Big Data Corporation Limited(600242) had to apply for and use a new official seal.
The reporter recalled the announcement and found that Li qunnan had voted against a number of proposals such as amending the articles of association and the rules of procedure of the board of directors and adding non independent directors, and believed that the behavior of the new senior management team was inappropriate.
According to the company’s announcement, during the tenure of former chairman Li qunnan, the original management of the company and its subsidiaries was improper, and some businesses were adversely affected. The net profit of the company in the first half of 2021 was – 28.66 million yuan, a year-on-year decrease of 17905.60%; Among them, the net profit of the subsidiary Shanghai Yunke in the first half of 2020 was 29.28 million yuan, and the annual net profit in 2020 was 76.86 million yuan, while the net profit in the first half of 2021 was only 9.88 million yuan, a significant decline year-on-year.
The share price of has shrunk by nearly 90%
The market value of has evaporated by nearly 10 billion
With the continuous farce Zhongchang Big Data Corporation Limited(600242) , the performance is also worrying.
According to public information, Zhongchang Big Data Corporation Limited(600242) was established in 1993, formerly known as Zhongchang Shipping Co., Ltd., and its original main business was bulk cargo transportation, dredging engineering, cargo agency, etc. at ports along the coast of China and the middle and lower reaches of the Yangtze River. Since 2016, through continuous capital operation, it has entered the field of Internet big data and changed its name to Zhongchang Big Data Corporation Limited(600242) .
Due to poor performance, Zhongchang Big Data Corporation Limited(600242) was suspended in 2007. It is worth noting that the former name of Zhongchang Big Data Corporation Limited(600242) has been changed many times, from Hualong Group, * ST Hualong, s * ST Hualong, Zhongchang shipping, * Zhongchang Big Data Corporation Limited(600242) , Zhongchang data, and then to Zhongchang Big Data Corporation Limited(600242) .
The financial report shows that the net profit in Zhongchang Big Data Corporation Limited(600242) 2020 is 9.47 million yuan; In the first three quarters of 2021, the net loss was 39.51 million yuan.
According to the data, as of the closing on January 7, 2022, Zhongchang Big Data Corporation Limited(600242) was reported at 2.65 yuan / share, about 90% less than the share price high of 25.57 yuan / share in March 2017, and the total market value evaporated from 10.5 billion yuan to 1.21 billion yuan.
(source: China Securities Journal)
