Another shareholder of A-share listed company was filed by the CSRC.
controlling shareholders are filed by the CSRC
On January 12, Fuchun Technology Co.Ltd(300299) announced that the controlling shareholder Fujian Fuchun Investment Co., Ltd., the actual controller Miao pinzhang and President Chen Ping received the notice of filing a case issued by the CSRC due to suspected securities violations.
According to the announcement, Fuchun Technology Co.Ltd(300299) received a notice from the company’s controlling shareholder Fujian Fuchun Investment Co., Ltd., the actual controller Miao pinzhang and President Chen Ping (hereinafter referred to as “relevant parties”) on January 12, 2022, and received the filing notice from the China Securities Regulatory Commission. Due to suspected securities violations, In accordance with the securities law of the people’s Republic of China, the administrative punishment law of the people’s Republic of China and other laws and regulations, the CSRC decided to file a case.
During the filing and investigation period, the relevant parties will actively cooperate with the work of the CSRC and perform the obligation of information disclosure in strict accordance with the regulatory requirements.
company response
In this regard, the company has made the latest response, Fuchun Technology Co.Ltd(300299) said that the company’s current operation is normal. It is preliminarily understood that this case is a special investigation on the reduction of shares of the company or non-compliance of related parties in block transactions at the end of 2020.
This matter does not involve the company’s financial fraud, capital occupation, illegal guarantee and other situations, has nothing to do with the listed company, and will not have an impact on the daily business activities of the company and its subsidiaries.
The company will pay close attention to the progress of the registered matters of relevant parties, and perform the obligation of information disclosure in strict accordance with the regulatory requirements.
Data show that on January 12, Fuchun technology opened low and went high. As of the close, it rose slightly by 0.98% to 6.18 yuan.
communication information + mobile game dual main business
According to the information on the official website of Fuchun Technology Co.Ltd(300299) , Fuchun Technology Co.Ltd(300299) was established in March 2001 and listed on the gem of Shenzhen Stock Exchange in March 2012. It is a high-tech enterprise committed to communication informatization and digital culture services. The company has the dual main business of “communication information + mobile game”.
In the field of communication and information, Fuchun Technology Co.Ltd(300299) is a comprehensive solution service provider, providing specialized and integrated services such as communication network planning and design, network optimization, system integration and communication technology consulting for communication operators and government and enterprise customers. At the same time, it seizes the opportunity of new infrastructure based on 5g and actively replicates and promotes the “Digital Fujian” model all over the country.
In the field of mobile games, the company’s various game products have occupied an important market share in many countries and regions.
In terms of performance, after a sudden loss of 561 million yuan in 2019, Fuchun Technology Co.Ltd(300299) successfully reversed the loss in 2020.
In the first three quarters of last year, the company realized a net profit of 61.14 million yuan, which has exceeded the net profit of last year, but decreased by 11.11% year-on-year.
the share price has halved in the past year and a half
From May 22 to July 14, 2020, the share price of Fuchun Technology Co.Ltd(300299) continued to rise, up as high as 1.96 times in less than two months.
However, after brushing the stage high of 13.42 yuan / share in mid July 2020, its share price began to plummet all the way. On October 27 last year, it once fell to 4.32 yuan / share, down 67.81% compared with the high range more than a year ago.
Since then, the share price of Fuchun Technology Co.Ltd(300299) has stabilized and rebounded again. As of January 12, its latest closing price was 6.18 yuan / share, and its latest total market value was 4.3 billion yuan.
However, so far, the share price of Fuchun Technology Co.Ltd(300299) is still halved from the peak in mid-2020.
As for the performance of the company’s share price last year, as of December 31, 2021, Fuchun Technology Co.Ltd(300299) closed at 6.61 yuan, down 13.03% from 7.60 yuan at the end of 2020.
On January 5, Fuchun Technology Co.Ltd(300299) shares peaked at 7.83 yuan, with a maximum increase of 3.03% compared with the beginning of the year. On October 27, the intraday lowest price was 4.32 yuan, and the share price hit the lowest point of the whole year.
In 2021, there was a limit increase and closing, and there was no limit decrease. Fuchun Technology Co.Ltd(300299) the latest total market value is 4.569 billion yuan, ranking 23 / 38 in the market value of the game sector.
However, some private equity institutions continue to pay attention to the stock. The data show that in the 2020 annual report, the “Chunda Feiying No. 2” of Shanghai Chunda assets has become the fourth largest shareholder of Fuchun Technology Co.Ltd(300299) with a shareholding of 8.2 million shares, accounting for 1.28% of the circulating A-Shares of the stock. As of the third quarter of last year, the shareholding of the above products was still 8.2 million shares.
