It plans to reduce its holdings of repurchased shares and apologize for its performance loss in advance. Recently, the Bull Stock Better Life Commercial Chain Share Co.Ltd(002251) fell into a lot of criticism.
Today, the trend of the market is relatively stable. However, recently, the popularity leader Better Life Commercial Chain Share Co.Ltd(002251) was hit by funds after a short rise, blocking the limit. As of the closing, the limit has been closed for more than 120000 hands.
According to the data of the dragon and tiger list in the past two days, Better Life Commercial Chain Share Co.Ltd(002251) was sold by institutions and northbound funds on a large scale. It can be seen from today’s Dragon and tiger list data that Better Life Commercial Chain Share Co.Ltd(002251) was bought by the special seat of Shenzhen Stock connect for 473304 million yuan and sold for 167 million yuan, with a net sale of Better Life Commercial Chain Share Co.Ltd(002251) 120 million yuan, which is the main force of smashing the market today.
It is worth mentioning that yesterday’s Dragon and tiger list data showed that Better Life Commercial Chain Share Co.Ltd(002251) in the process of sharp rise in share price, four institutional seats sold a total of more than 300 million yuan.
To make matters worse, after the stock price fell by the limit, Better Life Commercial Chain Share Co.Ltd(002251) issued a performance pre loss announcement, which dealt a blow to the investors holding the stock Better Life Commercial Chain Share Co.Ltd(002251) said that the company originally expected that the operating performance in 2021 was not within the scope of performance forecast disclosure, so the company did not disclose the performance forecast in 2021 before the end of January 2022. With the deepening of the audit work, due to the partial deviation between the accounting judgment of some business activities of the company and the original prediction, such as the partial deviation between the accounting judgment of the recognition of REITs issuance investment income and goodwill impairment of Jinxing Road Plaza and the original estimation, the company suffered a loss in 2021 after being confirmed by the accountant. The estimated net profit loss is 170 million yuan – 210 million yuan.
At the same time, Better Life Commercial Chain Share Co.Ltd(002251) announcement also mentioned that the board of directors of the company apologized for the inconvenience caused to the majority of investors by the performance forecast, and the company will analyze the reasons for the performance forecast, and strengthen the communication with the audit institution in the future work to improve the accuracy of the performance forecast, so as to avoid the recurrence of similar situations.
It is worth mentioning that before that, Better Life Commercial Chain Share Co.Ltd(002251) announced that it planned to reduce its holdings of repurchased shares, which also triggered hot discussion in the market. On April 18, Better Life Commercial Chain Share Co.Ltd(002251) issued an announcement on the sale of repurchased shares. The board of directors agreed to reduce the company’s repurchased shares (used for 12578500 shares necessary to maintain the company’s value and shareholders’ rights and interests), and the proposed reduction accounted for 1.456% of the total share capital.
Better Life Commercial Chain Share Co.Ltd(002251) in the announcement, it is also mentioned that the management of the company believes that the reduction and repurchase of shares will not have a significant impact on the company’s operation, finance and future development, and will be conducive to supplementing the working capital used for the company’s various businesses.
In addition to the planned reduction and repurchase of shares, Better Life Commercial Chain Share Co.Ltd(002251) relevant shareholders also sold their shares in the process of this wave of sharp rise in share prices. On April 21, Better Life Commercial Chain Share Co.Ltd(002251) announced that Jiangsu Jingdong bangneng Investment Management Co., Ltd. reduced 16.1 million shares of the company on April 20, 2022, with a reduction ratio of 1.8636%. Just the day before, Better Life Commercial Chain Share Co.Ltd(002251) said that Nyingchi Tencent, a shareholder holding more than 5%, reduced its shareholding of 8639100 shares of the company through block trading on April 19, 2022, with a reduction ratio of 1 Shenzhen Quanxinhao Co.Ltd(000007) %.
