Six times as big "demon stock" Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) again! The actual accuser was detained on suspicion of refusing to execute the judgment or ruling.
Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) actual accuser detained
On May 18, Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) announced that the company had received a notice from the family of Li Xing, the actual controller. Li Xing's family had received the detention notice [Chenggong (Yao) jtz (2022) No. 521] from Jiangyin Municipal Public Security Bureau on May 17, 2022 about the crime of refusing to execute the judgment and ruling of Li Xing, the actual controller of the company. Now Li Xing is detained in Jiangyin detention center.
Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) said that Li Xing does not hold any position in the company, and the above matters do not have a significant impact on the company's daily production and operation activities.
shareholders quarreled
On the afternoon of May 18, Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) closed the limit at the end of trading. Someone said, "today's market trend is too abnormal, I guessed there would be an announcement."
The stock bar of Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) was noisy as soon as the news that the actual accuser was detained. Someone said: "big things are bad, big bad news is coming, and continue to fall by the limit tomorrow." However, some people believe that this is not necessarily a bad thing. They regret buying less.
Up to now, Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) has 35800 shareholders.
once on the verge of delisting Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078)
or "star picking"
According to the public information, Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) the products of involve phosphoric acid, sodium tripolyphosphate, calcium hydrogen phosphate, yellow phosphorus, phosphorus pentoxide and other phosphoric acid products. It is an enterprise with leading comprehensive scale and numerous varieties among China's fine phosphorus chemical production enterprises.
Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) previously, it was called demon because of the soaring share price. Since May 19, 2021, the cumulative increase has exceeded 406%, and the highest increase in the range is nearly 6 times. So far, the stock has been reported at 9.62 yuan / share, with the latest total market value of 6.374 billion yuan.
From the stock price trend, we can see that the story behind Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) is very dramatic. Recently, Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) suddenly announced that it might "pick stars" while hovering on the edge of delisting.
On May 6, Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) announced that it would apply for cancellation of the risk warning of stock delisting and other risk warnings. And said that the company will implement the reply as soon as possible. After the company replies to the relevant announcement, the Shanghai Stock Exchange will decide whether to revoke the delisting risk warning for the company's shares and implement other risk warnings within 10 trading days as appropriate.
It is understood that because Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) in 2020, Suya Jincheng Certified Public Accountants issued an internal control audit report with a negative opinion, and affected by the failure to solve the problem of the occupation of funds by the controlling shareholder and its related parties, the company's shares were subject to other risk warnings; Secondly, the audited ending net assets of the company in 2020 were negative, and the financial and accounting report of 2020 was issued, which could not express opinions, and the delisting risk warning of the company's shares was implemented. In view of the fact that the company also triggered relevant provisions such as the Listing Rules of Shanghai Stock Exchange, the company's shares have been warned of delisting risk. According to the relevant provisions of the Shanghai Stock Exchange, if the company's 2021 annual report touches any of the delisting related indicators, the listing of the company's shares will be terminated.
Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) internal problems
However, now Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) has many internal problems. On December 7, 2021, the company and Chengxing group received the notice of filing a case from the CSRC on the same day. Due to suspected illegal information disclosure, the CSRC decided to file a case against the company and Chengxing group 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.
On March 15, Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) received the inquiry letter on Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) bankruptcy settlement and other related matters from Shanghai Stock Exchange, requiring it to explain whether the bankruptcy settlement has an impact on the financial statements of the listed company in 2021, and whether the board of directors of the company has fully considered and demonstrated the matters applying for settlement. In this regard, Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) did not reply until May 18.
Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) said that the goal of this settlement procedure is to save the company, retain the legal entity qualification of the company and restore the sustainable profitability. If the settlement is successfully implemented, the company can solve the debt problem, resolve relevant risks, optimize the asset structure, win space for the company to restore and improve its operating ability, the company will return to the track of healthy development and protect the rights and interests of small and medium-sized investors. The company will strive to optimize the company's asset liability structure to the greatest extent, improve the company's operating conditions and strive to resolve the delisting risk through reconciliation.
In addition, the shares held by Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) shareholders will be auctioned by the judiciary, and relevant matters will also be inquired by the Shanghai Stock Exchange. It is also pointed out that 106 million shares of the company held by Hanying investment, accounting for 16.01% of the total shares of the company, will be auctioned by the judiciary from December 26, 2021 to December 27, 2021. This auction is a case of loan dispute between Hanying investment and Industrial And Commercial Bank Of China Limited(601398) Jiangyin sub branch. The company did not announce the judicial freezing of the company's shares held by Hanying investment in the early stage. Public information shows that Hanying investment once invested 100% in Jiangsu Chengxing Phosphorus Chemical Group Import and Export Co., Ltd., a subsidiary of Chengxing group. The Shanghai stock exchange requires Jiangsu Chengxing Phosph-Chemical Co.Ltd(600078) supplementary disclosure of the details of the loan dispute between Hanying investment and Industrial And Commercial Bank Of China Limited(601398) Jiangyin sub branch; The relationship between Hanying investment and controlling shareholders, actual controllers and their related parties.
On the one hand, the net profit soared in the quarter. According to the report of the first quarter of 2022, the company achieved an operating revenue of 1.023 billion yuan, a year-on-year increase of 26.62%; The net profit attributable to the shareholders of the listed company was 67.563 million yuan, a year-on-year increase of 700.05%; The net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 69.836 million yuan, a year-on-year increase of 399.84%; The basic earnings per share is 0.10 yuan / share.