In an interview, the chairman of the listed company gave the industry forecast data. What is the basis? Under the inquiry of Shenzhen Stock Exchange, the chairman’s reply was unexpected.
Recently, the concept of “prefabricated vegetables” has become a success in the A-share market. After being excavated, the share prices of many listed companies have risen sharply in the short term. With the gradual increase of market attention, the reporter noted that some companies not only tried to get close to the concept of “prefabricated dishes”, but also tried to “prefabricate” the market scale, but they were concerned by the regulatory authorities.
the market scale of prefabricated vegetables is “prefabricated”
Research Report on “throwing pot” securities companies of listed companies
Recently, the Shenzhen Stock Exchange issued a letter of concern to the “prefabricated vegetable” company Zhanjiang Guolian Aquatic Products Co.Ltd(300094) , proposing that the chairman of Zhanjiang Guolian Aquatic Products Co.Ltd(300094) said in an interview with the media that the stock space of China’s Prefabricated vegetable market is about 300 billion yuan, and it is expected to achieve a scale of more than 3 trillion yuan in the long term. Please explain the basis of the prediction data.
Source: Shenzhen Stock Exchange
In this regard, Zhanjiang Guolian Aquatic Products Co.Ltd(300094) said in the reply to the attention letter that the data related to the above prepared dishes are from the Research Report of the securities companies, and the company did not obtain the underlying parameters predicted by the above securities companies, but the relevant statements are objective, true and accurate, and there is no situation in which subjective speculation misleads investors.
According to the letter of concern of Shenzhen Stock Exchange, from January 4 to January 14, 2022, Zhanjiang Guolian Aquatic Products Co.Ltd(300094) stock price rose by 97.57% in total, during which abnormal fluctuations of stock price were touched twice.
On January 4, Zhanjiang Guolian Aquatic Products Co.Ltd(300094) disclosed that the application for issuing shares to specific objects had been accepted by Shenzhen Stock Exchange, and the company’s shares rose by the limit on that day; On January 11, Zhanjiang Guolian Aquatic Products Co.Ltd(300094) disclosed the announcement on signing a cooperation framework agreement with Shanghai HEMA Network Technology Co., Ltd. since then, the company’s shares have been trading for three consecutive trading days.
During the continuous rise of the company’s share price, Zhanjiang Guolian Aquatic Products Co.Ltd(300094) chairman Li Zhong said in an interview with the media on January 13 that China’s current stock of prefabricated vegetables market is about 300 billion yuan. If estimated according to the compound growth rate of 20% per year, China’s Prefabricated vegetables market can grow into a trillion yuan market in the next 6-7 years. In the long run, China’s Prefabricated vegetable industry is expected to achieve a scale of more than 3 trillion yuan.
popular concepts
investors should treat rationally
From metauniverse to virtual human, from covid-19 detection to recent prefabricated dishes, people from listed companies, seller’s research institutes, buyer’s institutions and other institutions are “Crazy” about popular concepts, and teleconference interpretation and research reports on popular concepts appear frequently.
Take prefabricated dishes as an example. The data show that since 2022, there have been dozens of securities companies’ research reports with the title of “prefabricated dishes”, and there have been hundreds of research reports involving prefabricated dishes in the full text of the report. On the service platform of an institution, the research institutes of securities companies have organized dozens of prefabricated vegetable theme telephone meetings.
In contrast, among the constituent stocks of the prefabricated vegetable index, relatively few companies have actually published institutional research. Since 2022, only the research content in the investor relations activity table published by Shandong Delisi Food Co.Ltd(002330) is related to prefabricated vegetables.
On the evening of January 11, Shandong Delisi Food Co.Ltd(002330) announcement showed that Everbright Securities Company Limited(601788) analysts conducted research on Shandong Delisi Food Co.Ltd(002330) through online teleconference on January 10. Shandong Delisi Food Co.Ltd(002330) said that at present, the company’s capacity of prefabricated vegetables has not been fully released. It is expected that with the expansion of air outlet and the expansion of b-end customer resources in 2022, it is feasible to double the revenue of prefabricated vegetables. In the expected output value in 2022, the average gross profit margin of end B and end C is about 25% and the net profit margin is about 3%.
Under the fanatical market sentiment, some institutions also expressed calmer views on the prospect of prefabricated vegetables.
The research report points out that although China’s Prefabricated vegetable market has begun to take shape, it is still in the early stage of development compared with mature international markets such as the United States and Japan. At present, China’s Prefabricated vegetable industry is dominated by small and medium-sized enterprises, with low market concentration, obvious regional characteristics, and a small number of large-scale national enterprises.
In addition to prefabricated dishes, concepts such as metauniverse and covid-19 detection are also the focus of the recent market. Recently, Liu Yi, chairman of covid-19 testing concept company Andon Health Co.Ltd(002432) which is hot recently, said in an interview that there are often people squatting at the gate of Andon Health Co.Ltd(002432) factory for observation and field research, and even found that someone sneaked into its factory for research.
For the sudden increase in market heat and sentiment, industry experts have repeatedly reminded investors that many concepts still belong to the concept hype stage. It is suggested that investors should treat them rationally and should not blindly follow the trend or over hype.
In fact, relevant departments have continued to strengthen the supervision of concept stocks in recent years. The Shenzhen Stock Exchange has made it clear that it will maintain a high degree of sensitivity and crack down on the concept behavior of listed companies. We will make rational use of the regulatory toolbox, respond quickly, inquire in time, strengthen supervision, and form a regulatory closed loop of information disclosure supervision, transaction monitoring and on-site inspection.
