Securities code: 603101 stock abbreviation: Xinjiang Winka Times Department Store Co.Ltd(603101) Announcement No.: 2022-002
Xinjiang Winka Times Department Store Co.Ltd(603101)
Announcement of abnormal fluctuations in stock trading
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 content tips:
● Xinjiang Winka Times Department Store Co.Ltd(603101) (hereinafter referred to as "the company") shares had a cumulative deviation of 20% from the closing price increase within three consecutive trading days on January 19, January 20 and January 21, 2022, which was an abnormal fluctuation in stock trading according to the trading rules of Shanghai Stock Exchange.
● after the company's self-examination and verification with Mr. Pan Jinhai, the controlling shareholder and actual controller of the company, as of the disclosure date of this announcement, there is no material information that should be disclosed but not disclosed by the company, the controlling shareholder and actual controller. ● trading risk in the secondary market: on January 21, 2022, the closing price of the company's shares was 7.57 yuan / share, with a price earnings ratio of ttm40 9, higher than the average p / E ratio of the retail industry. The turnover rate and trading volume of the company's shares in the past three trading days were higher than the average level of the previous 20 trading days. The turnover rate increased significantly and the trading volume increased significantly.
● reduction risk of controlling shareholders and persons acting in concert: Mr. Pan Jinhai disclosed the share reduction plan of block trading on August 27, 2021. He plans to reduce no more than 18816000 shares of the company by block trading within 6 months after 3 trading days from the date of disclosure of the announcement of the share reduction plan, that is, no more than 4% of the total share capital of the company. The concerted actors of Mr. Pan Jinhai, Urumqi Borui Shangrong equity investment management partnership (limited partnership) and Xinjiang jinhuijia equity investment management partnership (limited partnership), disclosed the share reduction plan through centralized bidding on July 6, 2021. It is planned to reduce the shares within 6 months after 15 trading days from the date of announcement and disclosure of the share reduction plan, Reduce no more than 9408000 shares of the company by means of centralized bidding, that is, no more than 2% of the total share capital of the company. As of the disclosure date of this announcement, the above reduction plan has not been completed.
● pledge risk of controlling shareholders: as of the disclosure date of this announcement, Mr. Pan Jinhai, the controlling shareholder and actual controller of the company, holds 284105198 shares of non tradable shares of the company, accounting for 60.40% of the total share capital of the company. The cumulative number of shares pledged is 195500000 shares, accounting for 68.81% of the total shares held by him. The pledge proportion is high. Please pay attention to and pay attention to the investment risk.
1、 Details of abnormal fluctuations in stock trading
On January 19, January 20 and January 21, 2022, the deviation of the closing price increase of the company's shares has reached 20% in three consecutive trading days. According to the relevant provisions of the trading rules of Shanghai Stock Exchange, it belongs to the situation of abnormal fluctuation of stock trading price.
2、 Relevant information concerned and verified by the company
(I) production and operation
According to the company's self-examination, the company's current operation and management are normal without major changes. The market environment or industrial policies have not been significantly adjusted, the operation and sales of stores have not fluctuated significantly, and the internal operation order of the company is normal.
(II) major events
After the company's self-examination and sent a letter to the controlling shareholder and actual controller, Mr. Pan Jinhai, confirming that the company, the controlling shareholder and actual controller do not have major events such as major asset restructuring, share issuance, acquisition, debt restructuring, business restructuring, asset divestiture, asset injection, share repurchase, stock incentive, bankruptcy reorganization, major business cooperation, introduction of strategic investors, etc.
(III) media reports and market rumors
The company did not find any media reports or market rumors requiring clarification or response.
(IV) other stock price sensitive information
After verification by the company, the company has not found any other major events that may have a great impact on the company's share price; During the above abnormal stock trading period, the company's directors, supervisors, senior managers, controlling shareholders and actual controllers did not buy or sell the company's shares.
3、 Relevant risk tips
(I) secondary market transaction risk
On January 21, 2022, the closing price of the company's shares was 7.57 yuan / share, and the P / E ratio was significantly higher than that of comparable companies in the same industry:
Company abbreviation price earnings ratio TTM
Xinjiang Winka Times Department Store Co.Ltd(603101) （603101） 40.9
Shanghai Bailian Group Co.Ltd(600827) （600827） 25.0
Hefei Department Store Group Co.Ltd(000417) （000417） 20.9
Chongqing Department Store Co.Ltd(600729) （600729） 12.4
The turnover rate and trading volume of the company's shares in the past three trading days are higher than the average level of the previous 20 trading days. The turnover rate has increased significantly and the trading volume has increased significantly. Please pay attention to the investment risk.
(II) reduction risk of controlling shareholders and persons acting in concert
On July 6, 2021, the company disclosed the announcement of Xinjiang Winka Times Department Store Co.Ltd(603101) shareholders' share reduction plan through centralized bidding (Announcement No.: 2021-043). Urumqi Borui Shangrong equity investment management partnership (limited partnership) and Xinjiang jinhuijia equity investment management partnership (limited partnership) plan to start from July 28, 2021 to January 27, 2022, Reduce no more than 9408000 shares of the company by means of centralized bidding, that is, no more than 2% of the total share capital of the company. The company disclosed the announcement of Xinjiang Winka Times Department Store Co.Ltd(603101) controlling shareholder's block trading share reduction plan (Announcement No.: 2021-050) on August 27, 2021. Mr. Pan Jinhai plans to reduce no more than 18816000 shares of the company by block trading, that is, no more than 4% of the total share capital of the company within 6 months after 3 trading days from the date of disclosure of the announcement. As of the disclosure date of this announcement, the above reduction plan has not been completed.
(III) pledge risk of controlling shareholders
As of the disclosure date of this announcement, Mr. Pan Jinhai, the controlling shareholder and actual controller of the company, holds 284105198 shares of non tradable shares of the company, accounting for 60.40% of the total share capital of the company, and the cumulative number of share pledges is 195500000 shares, accounting for 68.81% of the total.
The information disclosure website and media designated by the company are the website of Shanghai Stock Exchange (www.sse. Com. CN.) And the securities times and Shanghai Securities News. The company's information shall be subject to the announcements published by the company on the above designated websites and media. Please pay attention to and pay attention to the investment risks.
4、 Statement of the board of directors and commitments of relevant parties
The board of directors of the company confirms that, according to the relevant provisions of the Listing Rules of Shanghai Stock Exchange, the company does not have any matters that should be disclosed but not disclosed, or planning and intention related to such matters, and the board of directors has not been informed that the company has any matters that should be disclosed but not disclosed according to the relevant provisions of the Listing Rules of Shanghai Stock Exchange Information that has a great impact on the company's stock trading price.
Please pay attention to and pay attention to the investment risk.
It is hereby announced.
Xinjiang Winka Times Department Store Co.Ltd(603101) board of directors January 22, 2002
