Editor's note: Equity pledge financing is a financing method in which the pledgor uses equity as collateral to raise funds from financial institutions. It is worth noting that if the controlling shareholder liquidates the position with a high proportion of pledges, it will lead to stock price fluctuations, which will affect the company's operational stability and damage the rights and interests of small and medium-sized shareholders.
In October 2020, the "Opinions on Further Improving the Quality of Listed Companies" was issued, emphasizing the need to "actively and steadily resolve the pledge risk of listed companies".
On February 7, Putailai issued an announcement on the pledge of the company's controlling shareholder, and Mr. Liang Feng, the company's controlling shareholder, actual controller and chairman, pledged 241360,000 shares. As of the disclosure date of the announcement, Mr. Liang Feng and his concerted actors, Ningbo Shengyue and Ningbo Kuoneng, have pledged 30.2 billion shares, accounting for 31 of its shares47%, accounting for 1415%。
As of Feb. 7**, PTL's share price was 1638 yuan shares, more than 20% during the year. Compared with the high point of the stock price in 2021, the company has accumulated more than 70%.
According to public information, a number of products under UBS SDIC** will hold heavy positions in Putailai at the end of the fourth quarter of 2023, and the products involved include UBS SDIC New Energy Hybrid, SDIC UBS Industrial Trend Hybrid, etc.
Putailai: The controlling shareholder pledged 241360,000 shares.
On February 7, 2024, Putailai issued an announcement on the pledge of the company's controlling shareholder. According to the announcement, the company recently received a notice from Mr. Liang Feng, the controlling shareholder, actual controller and chairman of the company, on its handling of the pledge.
The number of shares pledged this time is 241360,000 shares, accounting for 4 of its shares54%, accounting for 113%。The start date of the pledge is February 5, 2024, and the pledgee is China Merchants ** Shares*** Huatai ** Shares*** The company said that the pledged shares were not used as guarantees or other guarantee purposes for major asset restructuring performance compensation and other matters.
This is the second time since February that PTL has announced that the controlling shareholder will pledge. On February 2, Putailai announced that the company recently received a notice from Mr. Liang Feng on his handling of ** pledge matters, and the number of shares pledged was 13.16 million shares, accounting for 2 of its shares48%, accounting for 062%, the pledgee is Zhongyuan Trust Company.
The relevant shareholders have pledged a total of 3147% of the shares held by the stock price fell more than 70% from its high point.
According to public information, Putailai was listed in November 2017, and its main business focuses on the field of key materials and automated process equipment for lithium-ion batteries.
The latest financial report shows that in the first three quarters of 2023, Putailai's total operating income will be 1168.8 billion yuan, an increase of 2 percent year-on-year4%；Net profit attributable to the parent company was 162.9 billion yuan, down 2835%。
In the secondary market, in November 2021, Putailai hit a record of 6837 yuan shares of the relative high (before the right calculation, the same below), since then the company's share price has been *** as of February 7, 2024**, its share price is only 1638 yuan shares, **21 during the year74%, a decrease of more than 70% from the previous high.
As of the disclosure date of the announcement, Mr. Liang Feng, the controlling shareholder, actual controller and chairman of the company, and his concerted actors, Ningbo Shengyue and Ningbo Kuoneng, have pledged 30.2 billion shares, accounting for 31 of its shares47%, accounting for 1415%。
With the stock price all the way, the previous equity pledge of the relevant shareholders may have the risk of liquidation. Wind data shows that according to the latest ** price, the market value of the unreleased equity of relevant shareholders has fallen by more than 40% compared with the pledge date.
SDIC UBS** Heavy position in Putailai at the end of the fourth quarter of 2023.
Bread Finance researchers combed through public information and found that four products under UBS SDIC held heavy positions in Putailai at the end of the fourth quarter of 2023, including SDIC UBS New Energy Mix, SDIC UBS Industrial Trend Mix, etc., and the ** manager was Shi Cheng.
Among them, SDIC UBS New Energy Hybrid held Putailai 1219. at the end of the fourth quarter of 2023With 590,000 shares, Putailai is the ninth largest heavy stock in the **.
As of February 7, 2024, the **Class A share lost 1578%, underperforming the performance benchmark by more than 6 percentage points, ranking 3113 4191 in the same category. The ** has a cumulative loss of 33 in 202339%, which also underperformed the performance benchmark.
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