The good news of "chasing the wind and catching shadows" stimulated the stock price for 4 consecutive boards, and the stock price of a letter of concern quickly "cooled". The company has suffered from telecom fraud, equity competition, and was also filed for violating the letter disclosure rules. More importantly, its lithium concept was fried once in 2021, and now it is re-painted according to the gourd
Text: Daily Capital
After the 4 boards, this leading fine chemical enterprise suddenly "cooled".
On December 28, Jiangxi Shilong Industrial Co., Ltd. (hereinafter referred to as Shilong Industrial) stock price opened sharply lower, but after the opening, it was pulled to a position close to the daily limit, forming a similar "earth and sky board" trend. After that, do a sideways move around the tick level. As of the day**, its share price was 1306 yuan shares, **219%, with a total market capitalization of 313.4 billion yuan.
Previously, Shilong Industrial was rumored on the Internet that thionyl chloride is the core chlorinating agent, which is the core link of lithium battery electrolyte, so that Shilong Industrial suddenly has the concept of "lithium" in the market, and the stock price has risen sharply. Starting from December 21, Shilong Industrial has risen rapidly for 4 consecutive days.
On December 26, Shilong Industrial issued an announcement on stock price changes, making it clear that the information disclosed in its previous period did not need to be corrected or supplementedThe Company has not found any recent public media reports of undisclosed material information that may or has had a significant impact on the Company's transactionsThe company's recent business situation is normal, and there have been no major changes in the internal and external business environment.
To put it simply, Shilong Industrial does not have "lithium".
Subsequently, on December 27, the Shenzhen Stock Exchange issued a letter of concern to Shilong Industrial, asking it to explain whether the recent stock price increase matches the company's fundamentals, and whether there is a situation of actively catering to the market hotspots to speculate the company's stock price. On the same day, the soaring stock price of Shilong Industrial suddenly "suffocated", and the morning limit rose and the end of the market fell to the limit, encountering a rare "sky floor".
The recent sharp fluctuations in the stock price of Shilong Industrial have also aroused heated discussions among netizens. In the stock bar, some netizens ridiculed: "The dragon characters have all been pressed underwater, and they are not optimistic about the anti-package today, and they can go." Previously, some people talked about the "dragon" character for the first year. Of course, there are a few netizens who even blame the "letter of concern" for their grievances.
In short, the share price of Shilong Industrial has taught a lesson to the majority of shareholders - * There are risks, and investment needs to be cautious.
It has to be said that part of the funds may suffer from "amnesia". As early as September 2021, some funds in the secondary market hyped up the "lithium" concept of Shilong Industrial. At that time, "Daily Capital" reminded everyone that Shilong Industrial's thionyl chloride business share is not large - sales revenue of 2327 in the first half of 2021950,000 yuan, accounting for 284%。And Shilong Industry introduced in the 2021 semi-annual report that the domestic production capacity of thionyl chloride products in 2021 is still seriously overcapacity, and the downstream ** continues to be weak, but the development of new energy is good for the product.
Almost instinctively, to ask, who is releasing the news to push up the stock price?Who benefits the most by driving up the stock price?What exactly is the penalty for such acts?I believe that with the action of supervision, these answers will be revealed.
According to public information, the predecessor of Shilong Industrial was Jiangxi Dianhua Fine Chemical Co., Ltd., which was established in December 2003, and in February 2008, it was changed to Jiangxi Shilong Industrial Co., Ltd., which is a Sino-foreign joint venture jointly invested by shareholders of New World Fine Chemical Investment Limited, a Fortune 500 company New World Group (New World Fine Chemical Investment *** Jiangxi Dalong Industrial ***). The main products are chlor-alkali, thionyl chloride, AC foaming agent, sodium carbonate decahydrate, etc. On March 19, 2015, Shilong Industrial was listed at an issue price of 1538 yuan.
After going public, this company not only has a volatile performance, but it is always constant.
First of all, on June 15, 2020, Shilong Industrial issued a major announcement saying that the company's financial executives suffered from telecom fraud, resulting in 2.98 million yuan in the company's bank account being stolen through the network. As of December 31, 2020, the telecom fraud case is still under investigation by the local public security organ, and the provision for bad debts has been fully accrued after deducting the compensation that should be borne by the relevant responsible person238400,000 yuan, and the relevant directly responsible persons were transferred from their posts and dismissed.
On June 1, 2021, the Shenzhen Stock Exchange issued an inquiry letter to Shilong Industrial for its 2020 annual report, requiring the company to explain in detail the process of being defrauded.
The roof leak happened to rain overnight. In May 2020, when Shilong Industrial suffered from telecom fraud, the board of directors and the board of supervisors of Shilong Industrial faced a re-election, which was postponed because the nomination work had not been completed. In November of that year, Liu Yiyun, then chairman of the board, held an extraordinary general meeting of shareholders to submit a general election proposal. However, the proposal was unexpectedly rejected by the board of directors, but it was passed by the supervisory board. Since then, a number of directors and supervisors have resigned one after another.
As a result, the internal strife of Shilong Industry intensified. On March 7, 2021, the board of directors re-elected Zeng Daolong as the chairman, and the former chairman Liu Yiyun is still a director. Among the seven directors, Liu Yiyun, Wang Guoqing, and Cai Qixiao did not attend the meeting, and the remaining four directors all voted in favor.
On May 21, Shilong Industrial once again ushered in the change of general manager, which was concurrently served by Zeng DaolongThe legal person of the company was changed by Zhang HaiqingFor Zeng Daolong. On August 25, at the shareholders' meeting, Liu Linsheng, including Chairman Zeng Daolong, announced victory. Wang Guoqing, including the former chairman Liu Yiyun, believes that at the shareholders' meeting, Leping Longqiang Investment Center (Limited Partnership) (hereinafter referred to as Longqiang Investment) is not qualified to vote, and if the vote of Longqiang Investment is removed, Wang Guoqing will control the board of directors of Shilong Industry.
On August 30, Shilong Industrial received a notice from the Leping Municipal People's Court showing that it ruled that Leping Longqiang Investment CenterThe votes at the extraordinary general meeting of shareholders held by Shilong Industrial on August 25 should not be counted, and the company was required to correct it in accordance with the law before September 3
Then, on September 4, Shilong Industrial published a statement on ** saying that the new official seal and the board of directors seal had been activated. Some directors of the company said that the official seal and the official seal of the board of directors were not lost, and the new seal was engraved in violation of regulations.
This equity battle finally ended with Li Zongbiao's withdrawal and withdrawal, and Longqiang Investment.
The trouble hasn't gone away, though. On May 29, 2023, Shilong Industrial announced that it had received the "Notice of Case Filing" from the China Securities Regulatory Commission. Due to suspected violations of laws and regulations in information disclosure, in accordance with the "** Law of the People's Republic of China", "Administrative Punishment Law of the People's Republic of China" and other laws and regulationsOn May 15, the China Securities Regulatory Commission decided to file a case against the company
The latest news, on December 28, an investor asked Shilong Industrial about the thionyl chloride project on the interactive platform. Shilong Industrial said: the company in strict accordance with the relevant laws and regulations, true, accurate and complete information disclosure, about the company's production and operation or strategic development planning, please pay attention to the company's regular report.
Technically, although the share price of Shilong Industrial has been ** today, considering that the Shenzhen Stock Exchange has risen by nearly 250 points, therefore, ** is still dominated by over-falling**, and further killings are not ruled out, or a wide range in this position**. After all, with the current performance of Shilong Industrial and other good news, there is no basis for supporting the sharp rise. Moreover, it is also a dense trading area for its stock price twice in history.
[The article is for communication purposes only, not investment advice, please be aware of investment risks.] It's not easy to code words, if your phone still has power, please help like, **Thank you very much].