Early in the morning, there was another explosion!
On the morning of January 24, Huabao Flavours & Fragrances Co.Ltd(300741) and Huabao international suddenly announced that they had recently received a case filing notice from Leiyang Supervision Commission, which decided to file an investigation into the violation of the law by Ms. Zhu linyao, the actual controller of the company. Due to the high proportion of dividends, Zhu linyao was jokingly called the “pumping Queen” by A-share investors. Affected by this, Huabao International’s share price plunged 70% in early trading and Huabao Flavours & Fragrances Co.Ltd(300741) 20cm fell by the limit. It is worth mentioning that Huabao Flavours & Fragrances Co.Ltd(300741) has just released the equity incentive plan. Whether it will be affected remains to be seen.
In addition, on the evening of January 23, it was announced that Tang Xiuqing, the actual controller of the company, was criminally detained. Tang Xiuqing was placed on file for investigation by the CSRC in September 2021 on suspicion of manipulating the securities market. In December, he was placed under surveillance at the residence designated by Jinhua Public Security Bureau on suspicion of manipulating the securities and futures market. Guangzhou Haozhi Industrial Co.Ltd(300503) Xiao Yonglin, the Secretary of the board of directors and chief financial officer, has also been designated to live under surveillance and is currently on bail pending trial.
suddenly exploded and the share price plummeted
On the morning of January 24, Huabao Flavours & Fragrances Co.Ltd(300741) and Huabao international recently received the notice of filing a case from Leiyang Supervision Commission, which decided to file an investigation into the violation of the law by Ms. Zhu linyao, the actual controller of the company. The company also said that up to now, Ms. Zhu linyao has not held any position in the company and participated in the operation and management of the company. The above matters will not have a significant impact on the daily production and operation activities of the company. The company has a continuously improved governance structure and internal control mechanism. At present, the company’s production and operation are normal.
Immediately after the opening, Huabao International’s share price plunged by 70% and its market value evaporated by nearly HK $30 billion. At the beginning of 2004, Huabao international controlled by Zhu linyao was listed on the Hong Kong stock market. The report shows that shortly after the listing of Huabao international, the company’s share price quickly entered the upward channel. By the end of 2010, Huabao International’s share price had risen 10 times. During this period, Zhu linyao has been slowly reducing his stock holdings. But after 2015, she began to increase her stock holdings. However, the crash should also have suffered heavy losses.
Huabao Flavours & Fragrances Co.Ltd(300741) also sealed the limit after opening.
“pumping Queen” past and present life
According to data, Zhu linyao established Huabao Co., Ltd., the predecessor of Huabao Flavours & Fragrances Co.Ltd(300741) in Shanghai in June 1996. Since November 2015, he has served as the general manager of Huafeng China. From November 2015 to September 24, 2017, he served as the chairman of Huafeng China and the director of Huafeng China since September 25, 2017. Since November 2015, he has served as a director of Huabao Flavours & Fragrances Co.Ltd(300741) . Since March 2004, he has served as chairman of the board of directors, chairman of the nomination committee of the board of directors and CEO of Huabao international.
The Huabao Flavours & Fragrances Co.Ltd(300741) it controls is famous for dividends. On March 12, 2019, Huabao Flavours & Fragrances Co.Ltd(300741) disclosed its 2018 dividend plan. The company distributed cash dividends of 40 yuan (including tax) to all shareholders for every 10 shares, with a total cash distribution of about 2.464 billion yuan. For a time, the market was in an uproar. However, the company’s net profit in 2018 was only 1.176 billion yuan.
Subsequently, Huabao Flavours & Fragrances Co.Ltd(300741) paid large dividends for two consecutive years.
On March 28, 2020, Huabao Flavours & Fragrances Co.Ltd(300741) disclosed the 2019 dividend plan, and distributed 19.8 yuan of cash dividends to all shareholders for every 10 shares, with a total dividend of 1.22 billion yuan, accounting for 98.8% of the net profit of the year.
After listing in March 2018, Huabao Flavours & Fragrances Co.Ltd(300741) 3 years will be a cumulative dividend of 4.67 billion yuan (including tax).
On March 19, 2021, Huabao Flavours & Fragrances Co.Ltd(300741) disclosed the dividend plan for 2020: the company plans to distribute cash dividends of 16 yuan (including tax) to all shareholders for every 10 shares, with a cumulative dividend of 985 million yuan, accounting for 83.5% of the net profit. Huafeng international, controlled by Zhu linyao, has received a total dividend of 3.78 billion yuan. Thus, the shareholders gave Zhu linyao a title: pumping queen.
Not long ago, Huabao Flavours & Fragrances Co.Ltd(300741) also released an equity incentive plan. The incentive plan plans to grant 22.6 million restricted shares to the incentive objects, accounting for about 3.67% of the company’s total share capital of 615.88 million shares at the time of announcement of the draft incentive plan. Among them, 1995 million shares were granted for the first time, accounting for about 3.24% of the total share capital of the company when the draft incentive plan was announced, and the part granted for the first time accounted for 88.27% of the total equity granted this time; 2.65 million shares are reserved, accounting for about 0.43% of the total share capital of the company when the draft incentive plan is announced, and the reserved part accounts for 11.73% of the total equity granted this time. Huabao Flavours & Fragrances Co.Ltd(300741) the total number of subject shares involved in all equity incentive plans within the validity period does not exceed 20.00% of the total share capital of the company when the incentive plan is submitted to the general meeting of shareholders.
The shares of the company granted by any incentive object in the plan through all the equity incentive plans within the validity period shall not exceed 1.00% of the total share capital of the company when the plan is submitted to the general meeting of shareholders for deliberation. The grant price (including reserved grant) of restricted shares in the plan is 23.75 yuan / share. At present, it remains to be seen whether this plan can be implemented.
the boss of hydrogen energy little dark horse was arrested
On January 23, Guangzhou Haozhi Industrial Co.Ltd(300503) announced that Mr. Tang Xiuqing was criminally detained after receiving the detention notice issued by Jinhua Public Security Bureau. The relevant matters need to be further investigated by the public security organ.
According to the data, Tang Xiuqing was placed on file for investigation by the CSRC on suspicion of manipulating the securities market in September 2021. Three months later, he was placed under surveillance at the designated residence of Jinhua Public Security Bureau on suspicion of manipulating the securities and futures market. Guangzhou Haozhi Industrial Co.Ltd(300503) Xiao Yonglin, the Secretary of the board of directors and chief financial officer, has also been designated to live under surveillance and is currently on bail pending trial.
According to the previous notice of the CSRC, since 2019, relevant gangs have been suspected of manipulating stock prices such as ” Guangzhou Haozhi Industrial Co.Ltd(300503) ” through continuous trading and inversion, involving a huge amount of money. The share price of Guangzhou Haozhi Industrial Co.Ltd(300503) started from the position of 8 yuan in the middle of 2019 and rose to around 20 yuan in one and a half years in November 2020. Tang Xiuqing, his concerted actors and related parties continued to reduce their holdings and cash out hundreds of millions of yuan from February 2020.
In addition, according to previous media reports, the series of high-speed centrifugal air compressor products launched by the company, such as single-stage compression, two-stage compression and “single-stage compression + vortex energy recovery”, have completed small batch testing and experimental application in many fuel cell system manufacturers, which can meet the high-pressure oxygen supply demand of customers for 50KW to 150KW fuel cell stack power generation, and have the conditions for mass production. Therefore, Guangzhou Haozhi Industrial Co.Ltd(300503) is also praised by the market as a “little dark horse of hydrogen energy”.
