China's first newspaper Jiangyou is not afraid of the market, and a number of A-share companies issued buybacks, increase their holdings announcements, and many also said that the implementation of the "quality and efficiency and return" action plan, there is no shortage of heavyweight leading companies with a market value of more than 100 billion yuan, such as LONGi Green Energy, Haiguang Information, Sany Heavy Industry, etc., and Montage Technology, a chip company with a market value of 50 billion yuan, is in action. Specifically:Over 100 billion photovoltaic leader, LONGi Green Energy plans to repurchase 300 million yuan to 600 million yuanOn the evening of February 5, LONGi Green Energy issued an announcement on the chairman's proposal to repurchase shares and the company's action plan of "improving quality, efficiency and return". LONGi Green Energy said that based on the confidence in the company's future development prospects and the recognition of its value, it earnestly fulfills its social responsibilities, and in order to further establish and improve the company's long-term incentive mechanism, Mr. Zhong Baoshen, chairman of the company, proposed that the company repurchase part of the company's issued RMB ordinary shares (A shares) with its own funds in a centralized bidding transaction. The total amount of funds repurchased shall not be less than RMB 300 million (inclusive) and not more than RMB 600 million (inclusive). The upper limit of the repurchase of shares shall not be higher than 150% of the average trading price of the company in the 30 trading days before the board of directors deliberates and approves the resolution of the repurchase plan, which shall be subject to the repurchase plan deliberated and approved by the board of directors.
On February 5, LONGi's share price was **371% to close at 1817 yuan, with a total market value of 137.7 billion yuan. Since its peak in November 2021, the stock price has fallen by more than 70%; After a significant **, LONGi Green Energy's P/E valuation on the day is now below 10 times.
On January 31, the Financial Office of the Shaanxi Provincial Party Committee, the Shaanxi Securities Regulatory Bureau, the Financial Office of the Municipal Party Committee of Xi'an City, the Qujiang Management Committee and other units formed a special working group to visit and investigate two listed companies, LONGi Green Energy and Qujiang Cultural Tourism, a leader in the photovoltaic industry. The purpose of this visit and investigation is to increase support for high-quality listed companies, to promote the high-quality development of listed companies, to boost confidence, capital market stability and high-quality economic development. At the symposium of LONGi Green Energy, the person in charge of the company introduced the development of the photovoltaic industry and the company's R&D, production and operation in detail, and put forward opinions and suggestions on the current problems faced by the industry. The working group pointed out that since its listing 12 years ago, LONGi Green Energy has continuously promoted technological innovation, driven the rapid development of the photovoltaic industry, and become an important force in promoting the global green and low-carbon transformation. In the next step, we must continue to be a leader in industrial progress, continue to increase R&D investment, drive the high-quality development of upstream and downstream enterprises in the industrial chain, be a good stabilizer of the capital market, take the initiative to do a good job in market value management, and actively voice the industry to maintain market stability. At the same time, it should also strive to be a demonstrator of standardized development, continuously optimize the corporate structure, improve the level of corporate governance, and become a benchmark enterprise in the capital market. The leader of domestic CPU manufacturers, Haiguang Information plans to repurchase 300 million yuan to 500 million yuan with a market value of over 100 billion yuanHaiguang Information also issued an announcement on the proposal to repurchase shares and the company's action plan of "improving quality and efficiency and repaying returns", and the general manager of the company proposed to repurchase 300 million yuan to 500 million yuan. Haiguang Information said that based on the company's confidence in the future sustainable development and recognition of the company's value, and in order to further establish and improve the long-term incentive mechanism and promote the stable and healthy development of the company, it effectively combines the interests of shareholders, the company and the personal interests of employees to enhance investors' confidence in the company. Mr. Sha Chaoqun, the general manager of the company, proposed to repurchase shares with the company's own funds through centralized bidding transactions. The total amount of funds to repurchase shares shall not be less than RMB 300 million (inclusive) and not more than RMB 500 million (inclusive).
Haiguang Information is a leading domestic CPU company listed in August 2022, on February 5**202%, and the stock price was at 697 yuan, with a total market value of 162 billion yuan. 100 billion construction machinery leader, Sany Heavy Industry plans to repurchase 600 million yuan to 1 billion yuanSany Heavy Industry, a leading construction machinery company, also issued an announcement on the repurchase of the company's shares in a centralized bidding transaction and the implementation of the action plan of "improving quality and efficiency and emphasizing returns". It is planned to repurchase 600 million yuan to 1 billion yuan. ** of shares to be repurchased: no more than RMB 18 shares (inclusive), which is not higher than 150% of the average trading price of the company in the 30 trading days before the board of directors deliberated and approved the resolution of the repurchase plan. Sany Heavy Industry said that based on the confidence in the company's sustainable and stable development in the future and the recognition of the company's value, combined with the company's operating conditions and financial status and other factors, the company intends to repurchase the company's shares with its own funds to promote the company's stock price and intrinsic value matching. The repurchased shares are used for employee stock ownership plans or equity incentives. On February 5, Sany Heavy Industry rose slightly by 023%, and the stock price was 1312 yuan, with a total market value of 111.3 billion yuan. Editor: Xiao Mo.
Review: Muyu.