40,000 yuan on the dragon and tiger list! The big black horse that soared 137% was crazy again, and became violent after the 5th limit!
40,000 yuan turnover on the Dragon and Tiger list on January 9, Huifa Food after the 4 limit, continued to open at the limit price of 14.63 yuan / share. However, after the market opened at 9:30, 93,163 bought the order and quickly opened the fifth limit. Then it rose strongly, and in just 3 minutes, it turned red from the limit board.
As of the midday closing on the 9th, Huifa Foods closed at 16.88 yuan / share, up 3.88%, with a turnover rate of 57.06% and a turnover of 523 million yuan. Among them, the turnover has reached a record high since the company went public in June 2017. The half-day turnover rate of 57.06% is the third highest since the company was listed. 67.44% and 61.59% are the top two full-day turnover rates.
Recently, after the skyrocketing of Huifa Foods , a "sword breaking soul sword" suddenly plunged. Market participants joked that "this is a bookmaker's violent smashing, it is not impossible."
On the morning of January 3rd, Huifa Food collapsed during the trading session to close at 22.3 yuan, with turnover of 345 million yuan throughout the day. The company's previous surge model ended. By January 8th, the company had 3 consecutive daily limits, which also meant that the hundreds of millions of funds entering the market on January 3 were smothered and there was no chance to escape.
The published transaction public information shows that in the transaction on January 8, Huaxin Securities Shanghai Xinzha Road Sales Department and other 3 sales departments became the top 3 sales departments with the largest sales amount, totaling 11.4222 million yuan. Among them, the China Merchants Securities Shenzhen China Merchants Securities Building business department, with a single day turnover of 43,900 yuan, even on the list.
The top five sales departments with the largest purchase amounts include East Asia Qianhai Zhejiang Branch, etc., the five sales departments bought a total of 1.834 million yuan. Among them, the sales department with the largest purchase amount was 1,098,500 yuan, and the minimum purchase amount was only 162,500 yuan.
The mysterious private equity took the opportunity to cash out the e company reporter found that in the early surge of Huifa Foods , a Beijing private equity institution may be the biggest beneficiary.
Prior to the soaring, Huifa Food announced on November 1, 2019 that the shareholder Beijing Hongfu Growth Investment Management Center (Limited Partnership) (hereinafter referred to as "Hongfu Investment") plans to pass the concentration within 6 months from the date of the announcement. The bidding method or the bulk transaction method shall reduce the number of shares held by not more than 5.04 million shares of the company and not more than 3% of the total share capital of the company.
In the surge of Huifa Food , has Hongfu Investment benefited? The answer is yes.
After the announcement of the reduction plan, what is the actual reduction of Hongfu Investment? The transaction information shows that from November 25, 2019 to December 11, 2019, Beijing Hongfu reduced its holding of 1.68 million shares, with a cumulative cash amount of 19.25 million yuan, and its shareholding ratio fell to 1.79%.
In other words, in the rising phase of this round of Huifa shares, Hongfu Investment took the opportunity to reduce its holdings. As of December 11, 2019, it had cashed 19.25 million yuan.
Although it is not at a high level, the subsequent rise should be what Hongfu Investment is willing to see. Because according to the reduction of 5.04 million shares, the company still has 3.36 million shares in hand and can be cashed at any time.
From December 12, 2019 to January 2, 2020, Huifa Foods continued to rise by nearly 80%. In the subsequent rising process, how much Hongfu Investment cashed out, only the company knows.
Where is Hongfu Investment sacred? Tianyancha shows that the company was established in 2012 and its business scope is investment management and asset management. As a limited partnership, of the 14 shareholders, 12 are natural person shareholders.
Huifa Food was established in 2005. After 12 years of development, the company was listed on the Shanghai Stock Exchange in June 2017. Hongfu Investment is the company's original shareholder.
The prospectus showed that in April 2012, Huifa Foods decided to introduce external investors. Hongfu Investment invested a total of 50 million yuan in Huifa Food . After the capital increase, Hongfu Investment accounted for 6.57%. When Huifa Food was issued and listed in 2017, Hongfu Investment held 5.919 million shares, accounting for 4.93% of the total share capital.
Avalanche fall is not accidental <br /> 发 Huifa Foods, which has stopped for 5 consecutive days , seems to see no signs of stopping. If the company's stock price drops to its original point in this round of decline, investors should not be surprised.
Established in 2005, Huifa Foods is a R & D and sales of quick-frozen prepared meat products. It is mainly engaged in the research, development, production and sales of quick-frozen meat products including quick-frozen meat products, sausage products, and fried products.
Huifa Foods was listed on the Shanghai Stock Exchange in 2017, and realized operating income of 939 million yuan and net profit of 60.38 million yuan, an increase of 5.51% and 43.36% year-on-year respectively.
However, the splendor of Huifa Foods is only a short-lived one. Subsequently, the company's operating performance fell all the way.
Financial report data show that in 2018, the company achieved a net profit of 45.506 million yuan, a year-on-year decrease of 24.71%. Since 2019, the company's performance has undergone an avalanche-like decline: in the first three quarters of 2019, the net profit loss to mothers exceeded 40.34 million yuan, a year-on-year decrease of over 299%, which was the first loss since listing.
Regarding the reasons for the loss in the first half of the year, the company explained that: Changes in raw materials such as skinless chicken breasts, chilled breasts, and chicken skins increased the cost by 21.11 million yuan, but the sales price decreased.
If nothing else, Huifa Foods is expected to lose money throughout the year.
When Huifa Food was not doing well , Sanquan Food , Haixin Food , Anjing Food, etc. in the same industry maintained profitability in the first three quarters of 2019. Among them, the net profit of Sanquan Food and Anjing Food increased by over 30% and 21% respectively.
With the sharp decline in performance, Huifa Food still has some short-term debt repayment pressure. Data show that as of the end of the third quarter of 2019, the company's short-term borrowings had a book value of 370 million, non-current liabilities due within one year of 55 million, and a balance of monetary funds of only 262 million.
However, Huifa Food , which lacks fundamentals, has become a big dark horse in the two cities at the end of 2019.
The secondary market shows that from November 28, 2019 to January 2, 2020, the share price of Huifa Foods surged 137%. 25 trading days fell for only one day, and the increase during the period was second only to the increase in holdings of online celebrity concept stocks on Saturday , Gravity Media and Baoneng Department Store .
However, the surge without fundamental support will end in a crash. On January 3, 2012, Huifa Food turned around.
Abnormal trading raises regulatory concerns. <br /> Xinzhuang stocks often have characteristics such as small market value, small circulation, concentrated chips, and sharp rises and falls. The strange trend of Huifa Food , the market can not help but associate it with Zhuanggu.
e company found that in the past two years, the share of Huifa Foods has been concentrated. According to Wind data, as of the end of the third quarter of 2019, Huifa Food had only 8,017 shareholders, a 73.5% decrease from 2017.
At the same time, the actual market value of Huifa Food is very small, with only 6.25 million shares outstanding and a market value of only 1.088 billion yuan. At the same time, among the top ten tradable shareholders, most are individual investors, and most of them are potential, new tradable shareholders during the third quarter of 2019.
In addition, as of the end of the third quarter of 2019, among the top ten circulating shareholders of the company, natural person shareholders occupied 8 seats, of which 3 shareholders were new entrants. From the perspective of shareholding, the entry barrier for entry into the list is low, and the tenth largest mobile shareholder holds only 574,800 shares. According to the stock price of about 10 yuan / share at that time, about 6 million can become the company's top ten circulating shareholders.
The above characteristics are all obvious characteristics that can be easily manipulated by funds.
In fact, such a strange trend of Huifa Food has attracted the attention of regulators.
On January 6, the Shanghai Stock Exchange issued a regulatory work letter to Huifa Foods , which clarified the regulatory requirements for abnormal stock transactions in the recent period. The involved parties include listed companies, directors, supervisors, senior management personnel, controlling shareholders, and actual controllers.
On January 8th, Huifa Food announced that after the company's self-inspection, the company's current production and operation activities are normal, no major changes have occurred in the internal and external operating environment, and no major changes are expected to occur. .
At the same time, the company's controlling shareholder Shandong Huifa Investment Co., Ltd. and the actual controllers Hui Zengyu and Zhao Hongyu confirmed in writing that, as of now, there are no major events that affect the abnormal fluctuation of the company's stock trading price; there are no other things that should be disclosed Disclosed major information, including but not limited to major asset restructuring, share issuance, acquisition, debt restructuring, business restructuring, asset divestiture, asset injection, share repurchase, equity incentives, bankruptcy reorganization, major business cooperation, introduction of strategic investors, etc. Major issues.