Company abbreviation: Chengdu B-Ray Media Co.Ltd(600880) securities code: 600880 No.: Lin 2022-008 Chengdu B-Ray Media Co.Ltd(600880)
Announcement on the company’s stock trading risk tips
The board of directors and all directors of the company guarantee that there are no false records, misleading statements or major omissions in the contents of this announcement, and bear individual and joint liabilities for the authenticity, accuracy and completeness of its contents. Important risk tips:
The company’s share price has increased significantly recently. Since December 2021, the company’s share price has increased by 139.30% The short-term increase of the company’s stock is significantly higher than that of the same industry and the Shanghai stock index, but there is no significant change in the company’s fundamentals, and there is no major information that should be disclosed but not disclosed. Please pay attention to the transaction risks in the secondary market, make rational decisions and invest prudently.
In the first three quarters of 2021, the net profit excluding non recurring profits and losses attributable to the shareholders of the listed company decreased by 7.70% compared with the same period of the previous year. There is uncertainty in the follow-up performance. Please pay attention to the investment risk.
As of the closing on January 19, 2022, the rolling P / E ratio of the company’s share price was 112.94. According to the latest P / E ratio data released on the official website of China Securities Index Co., Ltd., the rolling P / E ratio of the company’s “news and publishing industry” was 13.67. The current rolling P / E ratio of the company is significantly higher than that of the same industry. Please pay attention to relevant investment risks.
According to the regulations of the State Council, the digital collection trading business of Chengdu cultural exchange needs to be approved by the provincial financial bureau and can be implemented only after it is approved according to law. At present, Chengdu cultural exchange is still in the start-up stage, has not carried out digital collection trading business, and the trading platform is still in the process of investment and construction. It has not submitted the application for approval of relevant businesses, nor has it obtained the approval of the above businesses. There is uncertainty about the Submission time of the application and whether the approval can be passed. The above businesses have a great impact on the company’s future performance
Uncertainty.
Beijing roaming Valley Information Technology Co., Ltd. (hereinafter referred to as “roaming Valley”), a wholly-owned subsidiary of the company, introduced Shanghai magic power information technology Co., Ltd. (hereinafter referred to as “Shanghai magic power”) as a strategic investor, which has great uncertainty about the improvement of roaming Valley’s short-term performance. In the process of performing the contract, there is also the possibility that the resource integration is not as effective as expected. Please pay attention to investment risks. As of the disclosure date of this announcement, except for the capital increase of roaming Valley and other matters disclosed by the company, the company has no other undisclosed cooperation with Shanghai magic power and relevant subjects.
The stock price of Chengdu B-Ray Media Co.Ltd(600880) (hereinafter referred to as “the company”) has increased significantly recently. Since December 2021, the stock price of the company has increased by 139.30%. The company hereby explains the relevant matters and risks as follows:
1、 Relevant risk tips
(I) the company’s share price has increased greatly recently, which deviates greatly from the same industry
The company’s share price has increased significantly recently. Since December 2021, the company’s share price has increased by 139.30% in total. The short-term increase of the company’s share price is seriously higher than that of the same industry and the Shanghai Stock Exchange Index, but there is no significant change in the company’s fundamentals, and there is no major information that should be disclosed but not disclosed. Please pay attention to the transaction risks in the secondary market, make rational decisions and invest prudently.
(II) performance uncertainty risk
In the first three quarters of 2021, the net profit excluding non recurring profits and losses attributable to the shareholders of the listed company decreased by 7.70% compared with the same period of the previous year. There is uncertainty in the follow-up performance. Please pay attention to the investment risk.
(III) the price earnings ratio of the company’s share price is high
As of the closing on January 19, 2022, the rolling P / E ratio of the company’s share price was 112.94. According to the latest P / E ratio data released on the official website of China Securities Index Co., Ltd., the rolling P / E ratio of the company’s “news and publishing industry” was 13.67. The current rolling P / E ratio of the company is significantly higher than that of the same industry. Investors should pay attention to relevant investment risks.
(IV) production and operation
According to the company’s self-examination, the company’s production and operation are normal, the company’s main business has not changed significantly, the information disclosed by the company in the early stage does not need to be corrected or supplemented, and the company has no major information that should be disclosed but not disclosed.
1. Information of cultural exchange
According to the regulations of the State Council, the digital collection trading business of Chengdu cultural exchange needs to be approved by the provincial financial bureau and can be implemented only after it is approved according to law. At present, Chengdu cultural exchange is still in the start-up stage, has not carried out digital collection trading business, and the trading platform is still in the process of investment and construction. It has not submitted the application for approval of relevant businesses, nor has it obtained the approval of the above businesses. There is uncertainty about the Submission time of the application and whether the approval can be passed. There is great uncertainty about the impact of the above businesses on the company’s future performance.
2. Capital increase of roaming Valley
Roaming Valley introduces Shanghai magic power as a strategic investor, which has great uncertainty about the improvement of roaming Valley’s short-term performance. In the process of performing the contract, there is also the possibility that the resource integration is not as effective as expected. Please pay attention to investment risks. As of the disclosure date of this announcement, except for the capital increase of roaming Valley and other matters disclosed by the company, the company has no other undisclosed cooperation with Shanghai magic power and relevant subjects.
2、 Statement of the board of directors and commitments of relevant parties
The board of directors of the company confirms that the company does not have any matters that should be disclosed but not disclosed in accordance with the relevant provisions of the stock listing rules or the planning, negotiation, intention and agreement related to such matters, and the board of directors has not been informed of the matters that should be disclosed but not disclosed in accordance with the relevant provisions of the stock listing rules Information that may have a great impact on the trading price of the company’s shares and their derivatives; There is no need to correct or supplement the information disclosed by the company in the early stage.
The company solemnly reminds investors that relevant company information can be found on the website of Shanghai Stock Exchange (www.sse. Com. CN.) And the relevant announcements published by the information disclosure media designated by the company shall prevail. Please invest rationally and pay attention to investment risks.
It is hereby announced.
Chengdu B-Ray Media Co.Ltd(600880) board of directors
January 19, 2022
