Gem May Reduction In Volume By 8 Times

6 noon, gem Listed company Netac technology announced that the company received the "share reduction plan" of Deng Guoshun, the largest shareholder and director of the company in June 5th. Because of personal financial arrangements, Deng Guoshun planned to reduce its holdings by no more than 7 million 725 thousand shares in June 11, 2014 to December 10, 2014 through centralized bidding or bulk trading, not exceeding 5.782% of the total share capital of the company.

Netac technology announcements that Deng Guoshun holds company shares 30 million 900 thousand shares account for 23.1287% of the total share capital of the company. The restricted stock held by Deng Guoshun has been lifted since January 9, 2013. Since Deng Guoshun is the director of the company, 7 million 725 thousand of the 30 million 900 thousand shares held by the company are tradable shares with unlimited sale conditions, and the 23 million 175 thousand shares are the senior executives' lock stocks (9 million of which are in pledge). The number of shares that can be circulated in.2014 is 7 million 725 thousand shares, and all of them are to be reduced.

Affected by this, the stock market, which obviously outperformed the big city in the recent stock market, has plunged sharply, closing at 13.88 yuan, down 5% compared with the previous trading day, while the development of the Great Wall, such as the concept of hard disk price hike with the company, is still rising. This shows that investors are panic about the reduction of stock prices in the future by important shareholders.

Yesterday, an analyst interviewed by reporters pointed out that he was most familiar with the company. Management condition Profitability and other situations are clearer than other people's important shareholders. When the company's share price goes up, choose to reduce stocks or indicate its lack of confidence in the company, and investors are on guard.

In fact, since May, there has been another blowout in the growth enterprise market. Statistics show that in May, 63 GEM companies were reduced by 198 million major shareholders (major shareholders and senior executives), and the amount of cash was 2 billion 928 million yuan, which was 7.33 times and 8.02 times longer than those of 26 million 857 thousand and 800 and 365 million yuan in April.

Take the Jin Tong Ling (300091), the largest amount of reduction, for example, in May, the company was held by 13 controlling shareholders, including Ji Wei, joint shareholder Ji Weidong and other 7 executives. The total amount was 13 shares. The total amount was 311 million yuan. Among them, Ji Wei and Ji Weidong altogether reduced 6 million 580 thousand shares of the tradable shares under the unlimited sale conditions in May 16th, accounting for 3.15% of the total share capital of the company. Since the lifting of the restriction on sale in June 25, 2013, Ji Wei and Ji Weidong have altogether reduced 17 million shares of the company's shares, accounting for 8.13% of the total share capital of the company.

"Because the gem valuation is still high, the pressure of subsequent reduction is still large." Insiders pointed out that although the gem is far superior to the main board market, the probability of accelerating upward again is relatively small based on the high valuation. In the near future, when the growth enterprise market is moving higher again, the important shareholders are once again holding a frenzied reduction, and the risk signals are beginning to appear.