Huasheng Shares Resume Their Tricks, And Shareholders Can'T Help Themselves To Find A Way Out.

In the past three years, the controlling shareholder has been playing the white knight for two times.

In January 17th, Hua Sheng shares plummeted after a high opening, and the final closing price dropped by 6.03%.

The thigh has not been recognized by the market.

16 evening, Hua Sheng shares announced that it received the actual controller Hunan SASAC document, the company's controlling shareholder, Hunan Huasheng Group Co., Ltd. was pferred to Hunan Hunan Investment Holding Group Co., Ltd. as a whole.

Hunan investment holding company was established in 1992. Its registered capital is 6 billion yuan. Its business scope covers investment and operation of state-owned assets, new metal materials, electronic information, wholesale and retail industry, and its strength is much stronger than that of Huasheng Group.

In October 19th, when the price of Hua Sheng shares hit a new low for more than 9 years, it suddenly came out of a fierce offensive. From the 26 day, it even pulled 4 trading stops, and the interval rose by more than 70%, while the Shanghai composite index did not perform well in the same period.

Just as market speculation is good for pushing up the share price of Hua Sheng shares, a notice in November 1st issued a cold water.

According to the announcement, the net profit of the company in 2017 is -8656.95 million yuan, and net profit after deducting non operating profit and loss is -11081.99 million yuan.

In 2018 1-9, the net profit to the parent was -2138.57 million, net profit after deducting non operating profit and loss was -4133.03 million yuan.

In 2018 1-9, it also lost about 5 million 420 thousand yuan.

Not only that, the company mainly engaged in ramie textile production and export, the main products are ramie, linen, hemp yarn, fabrics and clothing, including linen professional clothing, home textiles, industrial textiles.

In recent years, due to the sharp rise in raw material prices and labor costs, the product market has not improved significantly, resulting in greater difficulties in production and operation, and there is a certain operational risk.

The implication is that the operation of the company is very bad and there is a risk of ST for two consecutive years. Investors must pay attention to the risks.

The move was very effective on the stock price, on November 1st, the stock price came to a big dive, November 6th, 23, respectively, 9.03%, 8.83%, but the stock price back 20% after the stop, the next more than a month, has approached the November 1st high.

The December 4th announcement may be the root cause of the recent rise in late October.

According to the announcement, Hua Sheng shares pferred the 30 million shares of Limited by Share Ltd, which were held by the company in the form of public listing.

After the pfer of the publicly traded Bats Exchange Inc of the Hunan joint property rights Bats Exchange Inc, the Hunan Huasheng Group Co., Ltd. successfully acquired shares at the base price of 3.03 yuan / share and the total price of 90 million 900 thousand yuan, and signed the property rights paction contract in December 3, 2018.

In September 28th, Hua Sheng shares issued a notice to pfer the 30 million shares held by Xiangcai securities in the form of public listing. The listing price is not less than 3.03 yuan / share.

Obviously, until the controlling shareholder personally launched the assets that hung over two months, no company was willing to negotiate with such a price.

In order to save Hua Sheng shares in fire and water, Huasheng Group also spat blood this time. We should know that in 2017, the net profit of Huasheng Group was -12782 million yuan.

My life is very sad, but also to help such a holding company, Hua Sheng group has been increasingly unable to support, which is probably the real reason for the overall pfer of free investment to Hunan Investment Holdings.

Anyway, buying the shares of Xiangcai securities is an instant result in improving the earnings of Hua Sheng shares. After all, its book value per share is only 0.1548 yuan and earnings per share are 2.88 yuan, which is a about 86000000 yuan investment income.

In fact, as early as in 2016, Hua Sheng shares staged such a scene, so that the net profit of the return to the original success of the company, otherwise the company will be faced with ST's dilemma in 2017.

In December 22, 2016, Hua Sheng shares announced that the price of 4.24 yuan / share would be pferred to Huasheng Group's 7 million stake in Limited by Share Ltd, which earned 28 million yuan or so.

With the help of this deal, Hua Sheng shares realized a net profit of 9 million 479 thousand and 500 yuan in 2016.

Coincidentally, the days of Hua Sheng group were also bad, and the net profit in 2015 was -299 million yuan.

During the ten years from 2008 to 2017, the net profit of Huasheng joint stock was a loss.

At the end of 2012, medical device assets replaced by controlling shareholders contributed more profits in 2013 alone, and gross margins in 2016 and 2017 have plummeted to -31.72% and -47.55%.

That may be the root cause of the short-lived stock price of Hua Sheng share.