On the afternoon of December 28, Oriental Fashion once fell to a limit in early trading, as low as 419 yuan hit a new low in the listing.
On December 27, 2023, Oriental Fashion (**603377) issued the "Announcement on Receiving the Notice of Case Filing from the China Securities Regulatory Commission". On December 27, 2023, Oriental Fashion, the "first share of the driving school", received the "Notice of Case Filing" from the China ** Regulatory Commission, and the China Securities Regulatory Commission decided to file a case against the company in accordance with laws and regulations due to suspected violations of information disclosure laws and regulations.
However, in addition to the incident that was filed, on September 6, 2023, Oriental Fashion announced that its controlling shareholder, Oriental Fashion Investment***, was ordered to take corrective measures by the Beijing Securities Regulatory Bureau for taking corrective measures through block tradingOn September 17, Oriental Fashion announced that Xu Xiong, the company's director and chairman, was approved for arrest on suspicion of manipulating the marketOn December 6, Oriental Fashion issued an announcement on the judicial freezing and judicial marking of some shares of the controlling shareholder and actual controller.
Song Lianmin (Ke), director of Jiangsu Shengheng Law Firm, who has been engaged in the work of **claim cases**, pointed out that after the facts of the case are basically determined, the regulator will issue an "Administrative Penalty Advance Notice" to the company involved in the case, informing them of the administrative penalty decision to be made, as well as the facts, reasons and basis on which the decision is based. Relevant personnel of listed companies may make defenses on the facts of the case and punishment. After the case and punishment are finalized, the regulatory authority will issue an Administrative Penalty Decision. Lawyer Song Lianmin said that investors who are tentatively scheduled to hold on December 27, 2023 may be able to apply for civil compensation. (The standard time period is subject to the court's final determination.) ）
Judging from the financial data, the operating conditions of Oriental Fashion in the first three quarters of this year showed a downward trend. Despite the fact that the revenue reached 81.7 billion yuan, but down 133%, and the net profit attributable to shareholders of the listed company was 3042120,000 yuan, and the net profit attributable to the parent company also decreased by 11 year-on-year04%。
This series of events in Oriental Fashion has raised concerns about corporate governance and disclosure compliance, and how to deal with these challenges in the future will be the focus of attention for the company and its shareholders. However, the total number of shareholders of the company reached 1940,000 households, an increase of 2861%。
The latest day (2023-12-26) margin data of the stock is: financing balance 6585350,000 yuan, financing ** amount of 171440,000 yuan, with a margin of 0370,000 shares, 0370,000 shares.
According to the latest three quarterly reports, the stock achieved diluted earnings per share of 005 yuan, operating profit 7,209760,000 yuan, basic earnings per share of 005 yuan, P/E ratio 11300。
Oriental Fashion is a professional driver training institution, the head office is located in Daxing District, Beijing. At present, its main business is driver training, and it is also the only driving school in Beijing that can provide fully quasi-driving driver training.
In the past year, the stock has had 2 fall limits, and the second trading day after the fall limit rose 1 time and fell 1 time, accounting for 5000%, down 5000%。