Market value fell below 400 billion yuan, “fruit chain” giant control people cash out on a large scale, what is the signal?
On the evening of February 3, Lixun Precision, a big stock with a market value of more than 360 billion yuan, disclosed that the actual controller and concerted action of the company had substantially reduced its holdings by 140 million shares on February 3, which accounted for 2% of the total shares. The cash amount was nearly 7.2 billion yuan.
Since the beginning of the year Lixun precision secondary market performance is poor, this year fell more than 8%. Instent Precision, which listed on the SME board in September 2010, hit its bottom in October of that year and rose 66 times to its intraday peak last October. Recently, however, Apple’s industrial chain sector continued to pull back, and Lisun Precision fell continuously, and its market value evaporated more than 80 billion yuan in the past 20 days.
Lixun precision controller reduced the holding of 2%
Used to repay bank loans, etc
On the evening of February 3, Lixun Precision announced that the controlling shareholder, Lixun Co., Ltd., and its co-acting person, one of the actual controllers and Vice Chairman Wang Laisheng, reduced their holdings of about 140 million unlimited conditional free shares through the block trading system of Shenzhen Stock Exchange, accounting for 2% of the company’s total share capital.
Company announcement shows that since the September 3, 2020 to disclose the changes in short form rights report so far, the company stock options incentive plan incentive object through independent line of power system total line power 25.7966 million shares, the company’s total equity increase 25.7967 million shares, made in limited and king to win Mr Passive dilute the original stake from 41.12% to 40.97%, dilution rate was 0.15%.
On February 1, Lisun Precision received a letter from Lisun Ltd informing it to cancel about 384 million shares pledged by Shanghai Pudong Development Bank’s Shenzhen branch, the company said in a statement.
As of February 1, 2021, approximately 320 million shares, or 11.13% of its shareholding and 4.55% of its total share capital, were still pledged.
The divestiture funds will be used to invest in other industries and partly repay the borrowings of Riksat Bank Ltd., the company said. Lisun Co., Ltd. undertakes that it will not sell the company’s shares through the stock exchange system for 12 consecutive months after the completion of this reduction.
After the announcement of the reduction of information, Li Instant Precision Stock Bar investors “fryer”. Someone pessimistic, “daily limit to serve”.
But there are also more optimistic people think that “reverse thinking 2% reduction disk slowly fell 4 points, that someone picked up the plate. Money is smart, if the reduction is really a big bear would have locked the daily limit a can not run.”
Eight large trades were spread out
One day cash out more than 7 billion yuan
From the Shenzhen Stock Exchange on the same day of the block trading reduction situation, on February 3, Lisun Precision clinked 8 block trades, a total of 140 million shares, a total transaction amount of 7.178 billion yuan.
According to the public information, we can basically judge that this is the transaction of the real controller of Lixun Precision. There was no big pick up of institutional seats in this big deal.
Specifically, both sides of bulk transaction are brokerage business department. CITIC Securities’ Linjiang Avenue in Guangzhou sold 3.57 billion yuan, while Guangfa Securities’ Shenzhen Gaoxin Nan Yi and Ping An Securities Co. ‘s Shenzhen Jintian Road, three Shenzhen-based business offices, sold a combined 3.6 billion yuan. Contrast announcement can be seen, the above – mentioned business department is a limited and Wang to win the reduction channel.
Buyers, Changjiang Securities Shanghai Dongming Road and other three business departments in Shanghai bought a total of 6.05 billion yuan, Shenwan Hongyuan Securities Beijing Anding Road bought 1.13 billion yuan.
The sale price for the block trade was 51.11 yuan, a discount of less than 1% to the latest share price of Rikeson Precision, which fell more than 4% to close at 51.54 yuan on Feb. 3, giving it a market value of 361.9 billion yuan.
article links：360 billion fruit chain faucet by real controls sell!
Reprint indicated source：Shine Trader Limited Live information