Sanxiang *** 22nd (Quan** reporter Pan Xianxuan) On the evening of February 19, Baili Technology, a listed Hunan company, announced that it received a notice from the family of Wang Hairong, the company's actual controller, chairman and president, on February 18 that Wang Hairong needed to assist relevant departments in the investigation due to personal reasons and could not perform his duties normally for the time being. The company quickly held a meeting to elect and authorize the vice chairman to perform his duties on his behalf.
The vice chairman of the board of directors shall perform his duties on his behalf
According to public information, Wang Hairong was born in 1969 and has more than 20 years of industry experience in the petroleum and petrochemical energy industries.
The reporter noticed that before the Spring Festival, Wang Hairong "appeared" in the announcement. At the beginning of February, Baili Technology ** fell by more than 20% in 3 consecutive trading days, and the company's announcement disclosed on February 5 showed that Wang Hairong replied on the same day that there was no material information that should be disclosed but not disclosed.
After receiving the notice from Wang Hairong's family, Baili Technology urgently convened the 47th meeting of the fourth board of directors on February 19 and quickly "changed the commander": during the period when Wang Hairong could not perform the duties of chairman, legal representative and president normally, the company's board of directors elected and authorized Xiao Liming, the current vice chairman, to perform the duties of the company's chairman and legal representative and perform the duties of the relevant committee members of the company's board of directors, and the actual controller of the company.
1. Director Wang Liyan performs the duties of the president of the company on his behalf.
Baili Technology said that as of the disclosure date of the announcement, the company's control has not changed, the company's board of directors is operating normally, and the company's finance, production and operation management are normal.
The stock price fell by more than half in 9 days
According to public information, Baili Technology is a technical service provider committed to providing overall solutions for the construction of smart factories in the field of energy and materials, mainly serving the oil and gas, petrochemical, modern coal chemical and new energy materials industries. The company is registered in Yueyang City, Hunan Province and was listed on the Shanghai Stock Exchange in May 2016.
On January 6, 2024, Baili Technology announced that it received a notice from ChinaClear Shanghai Branch on January 5 that the company's shares held by the company's controlling shareholder were frozen by the Beijing No. 1 Intermediate People's Court. The controlling shareholder holds 146114350 shares of the company, accounting for 29 of the company's total share capital8%, and the judicial freeze involves all the shares held by the controlling shareholder.
On the eve of the Spring Festival, the share price of Baili Technology was suddenly **. From January 26 to February 7, the company fell for 9 consecutive years, during which it fell many times. The company's share price opened from 9 on January 26$2** to $456 yuan, a cumulative decline of more than 50%, a new low since listing. Beginning on February 8, the share price of Baili Technology ushered in **, and as of February 22**, the company's stock price was 5$48 shares.
Baili Technology's performance is also not optimistic. According to the 2023 annual performance forecast released by the company on January 31, the preliminary calculation of the financial department is expected to lose 88 million yuan to 12.8 billion yuan, and in 2022, Baili Technology will make a profit of 858850,000 yuan. This means that the company will turn from a profit to a loss compared to the previous year.