Changjiang Commercial Daily News ● Changjiang Commercial Daily reporter Shen Yourong
Stock price After the abnormal rise, some shareholders took the opportunity to reduce their holdings at a high level.Huaying Technology (000536.SZ) is a classic case.K -line chart shows that from October 25th to November 7th, Huaying Technology staged a 10 -daily limit, and the stock price range rose 1.59 times.
Why did Huaying Technology rise sharply?Market participants believe that the company has successfully joined the supplier system.In addition, in the third quarter of this year, Morgan Stanley International Co., Ltd. (referred to as "Damo") entered the top ten shareholders of the company, and the land stocks also increased their positions.
However, after the stock price rose sharply, the controlling shareholder of Huaying Technology Fujian Electronic Information Group (referred to as "Electronic Information Group") reduced its holdings.On November 6th and 7th, its total holdings were reduced by 16.75 million shares, cash out of about 140 million yuan.
Huaying Technologys operating performance is bleak.In the first three quarters of this year, the company achieved operating income of more than 1.3 billion yuan, an increase of more than 60%year -on -year; the net profit attributable to shareholders of the parent company (hereinafter referred to as "net profit") lost more than 800 million yuan.
The reporter from the Yangtze River Business Daily found that since 2016, the net profit of Huaying Technologys deduction of non -recurring profit or loss (hereinafter referred to as "deduction of non -net profit") has continued to lose money.In the past nine years, the companys cumulative loss has exceeded 14 billion yuan.
Huaying Technology has a lot of financial pressure. As of the end of September this year, the companys asset -liability ratio exceeded 75%.
The stock price has risen a large shareholder high -level precision cash out
The major shareholders of Huaying Technology Market doubt.
On the evening of November 7, Huaying Technology issued an abnormal fluctuation announcement for stock transactions. The reason is that from November 5th to 7th The cumulative value exceeds 20%, which belongs to the abnormal fluctuation of stock transactions.
In fact, Huaying Technologys stock fluctuates abnormally, not only this time.
Announcement shows that since October 29, the company has released a total of 5 stock transactions abnormal fluctuations.
K -line chart shows that on October 24, Huaying Technologys closing price was 3.44 yuan/share. Starting on October 25, the stock price began the daily limit model.By November 7, the company received 10 daily limit.The closing price on November 7 was 8.92 yuan/share.
On this trading day, the stock price rose from 3.44 yuan/share to 8.92 yuan/share, with a range of 159.30%.
So why is Huaying Technologys stock price continuously daily and what is the companys major good?10 consecutive boards, the company has become the focus of attention.
On the evening of November 7, Huaying Technology stated in the announcement that the company conducted the companys previous disclosed information, recent public media reports, recent company operating conditions, internal and external operating environment, etc. Check it and verify that the electronic information group of the controlling shareholders confirm that the information disclosed by the company in the early stage does not have the need for correction and supplementation, and there is no major information that should not be disclosed without disclosure. Recently, the companys operating situation and internal and external operating environment have not changed significantly.Major issues that should be disclosed and not disclosed include major matters for the company in the planning stage.
So why did the companys stock price suddenly rise sharply?
In the market participants, Huaying Technology has joined the Huawei supplier system, and its panel products have been recognized by customers such as Huawei.
Since this year, Hua Ying Technology can almost gain the enthusiasm of the capital market every time Huawei has released new products. So far, a total of 22 daily limit has been harvested.
In August 2023, the Huawei Mate60 series was born.From August to October of that year, Huaying Technologys stock price increased from about 1.8 yuan/share to 5.80 yuan/share, and the interval increased by more than double.
Lading on Huaweis high -speed trains, Huaying Technology seems to have a beautiful future.However, it is surprising that the companys controlling shareholder Electronic Information Group has reduced its holdings after the stock price rises.
On the evening of November 7, when the announcement of the abnormal fluctuation of the stock, Huaying Technology disclosed that on November 6, 7, the two trading days, the companys controlling shareholders electronic information information The Group has reduced its holdings of 16.75 million shares, accounting for 0.61%of the companys total share capital.As for the reasons for reducing holdings, the company did not disclose or disclose specific transactions.
10 consecutive boards, reduced holdings, electronic information groups can be called high -level precision reduction.Suppose it is calculated based on the closing price of 8.11 yuan/share on November 6. In this reduction of holdings, the electronic information group cash out about 140 million yuan.
Perhaps due to the significant reduction of holdings of major shareholders, Huaying Technologys stock price fell by 9.64%on November 8.
Lost more than 800 million yuan in the first three quarters
After the stock price rose sharply, the controlling shareholder reduced its holdings, It seems that big shareholders are not optimistic about the companys development prospects.
In fact, Huaying Technologys operating performance is indeed bleak.
Public information shows that Huaying Technology was formerly known as Mindong Electric Co., Ltd. and was listed on the Shenzhen Stock Exchange in 1993.In 2010, through non -public issuance of shares, Fujian East Electric acquired the equity of four LCD module companies under Taiwans China Yingzai, and was renamed Huaying Technology in 2011.
With the support of China, Huaying Technology has begun to focus on the processing business of modules, panels and other products.In 2018, due to the outbreak of China ’s scales and Hua Ying Bermuda debt crisis, the application of China’ s application for reorganization has caused a huge impact on Huaying Technology, and the company ’s core business has stopped directly.
In 2020, electronic information group became the controlling shareholder of Huaying Technology, and the Fujian SASAC became the companys actual controller.
At present, Huaying Technology is mainly engaged in the research and development, design, production and sales of display panels, display modules and other products. It is an important new -table display professional manufacturer in the world.The company has established the development strategy of "large panels and small modules", with small and medium -sized display panels as its core, combined with the existing display module business, forming a strategic layout of a one -stop product, providing customers with a complete product custom product customization customization product customization Serve.The subsidiary Huajiacai IGZO TFT-LCD project is one of the key projects of Fujian Provinces "increase core".
From the perspective of business performance, in 2014, Huaying Technologys operating income once reached 7.018 billion yuan. By 2023, operating income fell to 1.455 billion yuan.
In terms of net profit, from 2010 to 2017, the companys net profit was positive.
Since 2018, the companys operation has deteriorated rapidly and continued to lose money.From 2018 to 2023, except for the net profit of 2020 reached 611 million yuan, the rest of the year was losing money.The net profit in 2020 is positive, mainly due to the disposal of assets to obtain a net income of 1.465 billion yuan.
In the first three quarters of this year, the companys operating income was 1.316 billion yuan, an increase of 62.76%year-on-year; net profit was -848 million yuan, a year-on-year loss of 22.59%.
In terms of non -net profit, since 2016, it has continued to lose money, with a total loss of 14.055 billion yuan.
Continuous losses indicate that after Yisuo, Huaying Technologys operating performance has not improved.
Huaying Technology still has financial pressure.As of the end of September this year, the companys asset -liability ratio was 75.08%.At the end of the period, the companys monetary funds were 735 million yuan, and the corresponding debt was 2.772 billion yuan.In the first three quarters, the companys financial expenses were 172 million yuan, exceeding 2023.
