Qilu Huaxin performance explanation meeting: after the share price broke, the implementation place of the project of raising investment increased by senior executives was changed

Today (May 23), Qilu Huaxin (830832, BJ) released the record of investor relations activities of the company’s 2021 annual report performance presentation meeting.

In 2021, Qilu Huaxin achieved an operating revenue of about 580 million yuan, a year-on-year increase of 4.34%; The net profit attributable to the shareholders of the listed company was about 60 million yuan, a year-on-year decrease of 4.66%.

The reporter of “daily economic news” noted that recently, Qilu Huaxin’s share price fell significantly. In February last year, Qilu Huaxin was listed on the selected layer and publicly issued shares to unspecified qualified investors at an issue price of 7 yuan / share. As of the closing on May 23, Qilu Huaxin closed at 5.08 yuan / share.

said that the directors, supervisors and senior executives had begun to increase their holdings

In response to the fluctuation of the company’s share price, Qilu Huaxin said: “the fluctuation of the company’s share price is the superposition of multiple factors such as the company’s performance, economic environment and market dynamics. At present, the company’s primary task is to focus on its main business, do a good job in production and operation, standardize governance and disclose information in compliance. Strive to maintain investors’ confidence in the company with good business performance and sustainable development strategy.”

On April 25, Qilu Huaxin announced that board chairman Ming Rixin, general manager Li Chenguang, deputy general manager Ming Wei and other senior directors and supervisors planned to increase their holdings of shares. Among them, mingrixin and Mingwei plan to increase their holdings by no more than 2.1 million yuan.

For the stock price break, Qilu Huaxin said: “after the company’s stock price fell below the issue price, based on the confidence in the company’s future development and recognition of the company’s value, the company timely issued measures to maintain the stability of the stock price and issued the plan for the directors, supervisors and senior managers to increase their holdings of the company’s shares.”

“According to the data of the list of the top 200 shareholders in the latest issue of China Clearing, the directors, supervisors and senior managers have begun to increase their holdings of the company’s shares. Under the leading role of the company’s directors, supervisors and senior managers, the middle-level cadres and ordinary staff shareholders of the company are also full of confidence in the future development prospects of the company and increase their holdings of the company’s shares with their own funds.” Qilu Huaxin said.

In addition, for whether to transfer the board, Qilu Huaxin said: “the company is actively and closely paying attention to the relevant rules of the board transfer and the first batch of board transfer companies in the market. The company will carefully consider and judge whether to start the board transfer in combination with its own development and capital market environment.”

optimistic about achieving the expected target of annual operating performance

According to Qilu Huaxin’s prospectus for public offering of shares to unspecified qualified investors, there are three raised and invested projects in this offering, namely, the construction project of new material production line for 2000 tons of automobile exhaust gas treatment, the construction project of molecular sieve catalytic new material engineering technology research center and the supplementary working capitalp align=”center” style=”text-align:center;”> Photo source: screenshot of Qilu Huaxin announcement

Qilu Huaxin disclosed the use of the raised funds in 2021 in its 2021 annual report, of which the expenditure for replenishing working capital is about 31.25 million yuan, the construction project of molecular sieve catalytic new material engineering technology research center is about 12.21 million yuan, and the construction project of 2000 ton automobile exhaust treatment new material production line is 0 million yuan.

When an investor asked about the progress of the raised investment project, Qilu Huaxin said: “at present, the main construction of the construction project of catalytic new material engineering technology research center has been completed, and the internal decoration and R & D equipment installation have been started. It is expected to be put into use by the end of October this year.”

For the construction project of new material production line for 2000 tons of automobile exhaust gas treatment, Qilu Huaxin said that the company changed the implementation location of the “construction project of new material production line for 2000 tons of automobile exhaust gas treatment” to the provincial chemical industry park in Gaoqing County, Zibo City. The company’s new material project in the chemical industry park has been recognized as a provincial major project. At present, it is making every effort to promote the project construction and strive to achieve production and efficiency as soon as possible.

In addition, in response to investors’ questions about whether the performance target can be achieved in 2022, Qilu Huaxin said that in recent stages, many adverse factors that significantly affect the company’s operating performance have tended to weaken or improve, and the company’s sales net interest rate index has hit the bottom and rebounded. At present, Qilu Huaxin is optimistic about achieving the expected target of annual economic performance.

- Advertisment -