Housing Finance NetworkOn February 8, Zhongnan Construction issued an announcement on the plan to increase the shareholding of directors and senior managers.
On February 7, Zhongnan Construction received a commitment from directors and senior management to voluntarily increase their shareholdings, and the relevant personnel plan to increase their shareholdings through centralized bidding in the secondary market with their own funds or self-raised funds within six months from February 8, 2024, with a total amount of not less than RMB 5 million and no more than RMB 10 million.
The main body of the plan to increase holdings is directors Shi Jinhua, Zhao Guixiang, Zhu Tingfeng, Chen Jinxing, Xia Zuobo and senior management Liang Jie. Up to now, among the above-mentioned holders, Zhao Guixiang holds 14170,000 shares, with a shareholding ratio of 0004%;Liang Jie holds 121430,000 shares, with a shareholding ratio of 0032%。
According to the announcement, the increase in shares will not be set to the first range, and the increase plan will be implemented according to the overall trend of the market and the fluctuation of the first transaction of Zhongnan Construction. The additional funds** are self-owned funds or self-raised funds.
It is worth noting that the background of Zhongnan Construction's plan to increase the holdings of senior executives is that its stock price has fallen below the one-yuan mark. As of February 7, the price of Zhongnan Construction has been lower than 1 yuan for two consecutive trading days, and there is a risk that the listing may be terminated because the stock price is lower than the par value.
Interestingly, Zhongnan Construction said in the announcement that its price has been lower than 1 yuan share for two consecutive days since February 7, 2023. However, its share price on February 7, 2023** is 223 yuan shares, as of February 6, 2024**, its share price is 096 yuan shares, the ** price on February 7 was 0$86 shares.
It follows that the aforementioned time misalignment is due to the negligence of the staff and the incorrect date of the year. As of 3 p.m. on Feb. 8, its stock price was at 092 yuan shares, up 8 from the previous trading day14%。
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