The Concept Of Mask Continues To Heat Up, And Listed Companies Are Concerned About "Hot Spots".

Since the outbreak of the new crown pneumonia outbreak, the demand for mask has been surging, and related stocks have also been sought after. Xinye textile, Ogilvy medical care and search for many special masks have risen sharply.

But on Monday, the State Administration of Market Supervision issued an urgent notice to the market supervision bureau of 8 provinces and cities such as Zhejiang and Jiangsu, requiring special investigation on the price of melt blown nonwovens to ensure price stability. After that, Xinye textile, search special, Daun shares, Jeter biological, Ogilvy medical and other masks stocks fell sharply.

Recently, the Shenzhen Stock Exchange has questioned a number of listed companies to rub the "Mask" hot stock price, and has sent letters of concern to them. Let's look at which ones have been named.

Xinye textile

Data source: flush

Xinye textile recently gained a larger share price. Since February 28th, the first trading limit of Xinye textile has been collected, and the stock has gained 83.93%. After continuous rise, due to the two consecutive abnormal fluctuations in stock prices in March 3, 2020 and March 6th, Xinye textile received the letter of concern issued by the Shenzhen Stock Exchange in March 9th.

It is reported that the letter from the Shenzhen Stock Exchange asked the Xinye textile description company to investigate the recent reception institutions and individual investors, and to check whether it disclosed the inside information to the research institutions and individuals through the non information disclosure channel, and whether there was any violation of the principle of fair disclosure. At the same time, it is necessary to investigate and explain the situation of the directors, supervisors, senior management and their immediate family members buying and selling shares in the past six months, and to explain whether there is a reduction plan for directors, supervisors, senior managers and shareholders with more than 5% shareholding in the next six months.

In response to the letter of concern issued by the Shenzhen Stock Exchange, Xinye textile issued a reply announcement on the evening of March 11th, saying that the construction period of the high grade textile composite nonwovens project is expected to be 6 months, and will be put into operation at the end of September 2020. According to the feasibility study report, in the normal year of the project, 25 thousand tons of spun bonded nonwovens can be produced, of which 15 thousand tons of SSMMS products or SMS products and 10 thousand tons of SSS products. Xinye textile previously disclosed that it plans to invest in the construction of high-grade textile composite nonwovens. After the completion of the project, it is expected to produce 25 thousand tons of high grade textile composite nonwoven fabrics annually, and the annual sales revenue will reach 425 million yuan.

National Science and technology

Data source: flush

There are also doubts about the concept of melted spray cloth and national science and technology. In March 6th, it closed at 12.43 yuan / share, and its share price surged by 40% in 5 days, and in March 9th, it rose more than 2% in 5 minutes, followed by trading. In response to this, the Shenzhen Stock Exchange issued a letter of concern in March 8th, requiring National Science and technology to verify and explain the basic situation of developing polypropylene raw materials for masks, and whether the company has the relevant production capacity, whether there are raw material procurement channels, and whether it is necessary to obtain relevant production qualification.

It is understood that due to the March 2nd National Science and technology interactive platform response to investors, said that the company is currently developing polypropylene melt blown products related products, will follow the market situation determines whether mass production. In March 5th, the company said it had developed polypropylene raw materials for masks, but it has not yet been produced. National technology shares rose sharply in the next few days.

In response to the letter of concern issued by the Shenzhen Stock Exchange, National Science and Technology issued a reply notice in March 9th that modified polypropylene (PP) is a regular product produced and sold by the company. Due to the impact of the epidemic, the company set up a special group for the development of masks and melted polypropylene raw materials in February 17, 2020, with a total of 6 members. In February 25th, the raw material polypropylene for export melt blown fabric was developed. The polypropylene raw material used for mask melt blown cloth belongs to one of modified polypropylene. The company can invest part of the small scale capital on the original production equipment, workshop and technology to carry out partial transformation, so that mass production can be achieved without additional production qualification. However, due to the stable supply of raw materials and the low price fluctuation, the raw materials are not in short supply. For this reason, after the successful research and development of the materials, the company did not produce quantity according to the order.

At the same time, the company's response to interaction is objective, true, accurate, complete and fair to introduce and reflect the actual situation of the company, and does not have the subjective intention of misleading statements. When the company answered the above questions, the epidemic situation continued to improve steadily. In March 2, 2020 and March 3, 2020, there was no abnormal fluctuation in the stock price of the company. Therefore, there was no case of actively catering to the market hot spot and hyping the share price of the company.

Nanjing Julong

Data source: flush

In February 28th, Nanjing Julong published an article on the WeChat public platform of Nanjing Julong, saying it had developed a polypropylene melt blown special material for non-woven fabrics used for medical masks, and replied in the article message that "the series of materials has been mass produced, and the daily output is 50T, which will continue to increase capacity." Since then, Nanjing Ju Long has repeatedly said on the interactive platform that polypropylene melt blown special material has been partially produced and has begun to sell.

News came out, from February 28th to March 6th, Nanjing Julong stock price rose 40.6%, of which March 5th, 6 days two consecutive trading boards. Nanjing Julong "hot spots" attracted the attention of the Shenzhen Stock Exchange. In March 8th, Nanjing Julong received its attention letter. The Shenzhen Stock Exchange has asked whether there is any case of using the public number article and interactive platform to replace the provisional announcement, whether there is a case of actively catering to the market hot spot and hyping the company's share price.

Subsequently, in March 10th, Nanjing Julong replied to the letter from the Shenzhen Stock Exchange about the issue of mask production. Currently, the polypropylene melt blown products produced by the company are all used for producing masks. Polypropylene melt blown special materials accounted for a small proportion of the company's main business income, and will not have a major impact on the main business of the company. There is a risk of excess capacity in the later stage of PP melt blown special material. The announcement also disclosed that polypropylene melt blown special material is polypropylene modified material, polypropylene modified material is the main business of the company and accounts for a higher proportion of main business. There is no substitute for temporary announcement by public articles and interactive platform. There is no disclosure of undisclosed information. There is no active market cater for the market and speculation in the company's share price.

Search for special

Data source: flush

From February 25th to March 9th, during the 10 trading days, the largest increase in the total period of the 8 trading days was 129%.

It is understood that in February 12th, search special issued a notice that the company's Board agreed to invest in the establishment of a wholly-owned subsidiary of Dongguan search special medical products Co., Ltd., the scope of business (including), including research and development, production and sales: medical masks, protective clothing, gauze, non-woven fabrics, ordinary labor insurance supplies, hygiene products, paper products. In March 4th, the company published information on the interactive platform, saying: "the company is actively preparing for the production of respirators and protective clothing, and it is expected to be successfully commissioned in mid March."

Subsequently, the Shenzhen stock exchange sent a letter of concern to search for special information, asking whether there was a situation where the "interactive easy" platform catered to the market hot spot and affected the stock price of the company.

In March 10th, he replied to the Shenzhen stock exchange that the company's investment in the establishment of a medical product subsidiary is a strategic decision and practical action made by the board of directors from the company's reality and the long-term development of the company. The company's response to investors' information in the interactive platform is not in accordance with the relevant laws and regulations. Search also disclosed details of the company's mask production line preparation.

At the same time, search also said that in accordance with the government's notification requirements, the company began to resume work in February 10th. In February 11th, the board of directors held a motion to consider investing 200 million yuan to set up a wholly owned subsidiary, Dongguan search special medical supplies Co., Ltd. In February 13th, the subsidiary company obtained the "business license" issued by the Dongguan municipal market supervision and Administration Bureau. The design, construction, recruitment, financing, ordering of equipment, purchase of materials, qualification bidding and so on are also being carried out in an orderly and orderly manner. The company expects that medical masks protection products will be put into operation in the first half of 3 in 2020, and the products will be subject to the unified allocation of the state, and the rest will be sold independently. After the epidemic prevention and control, medical masks and other protective products will be sold to medical institutions and domestic and foreign markets. It is not yet possible to judge the impact on the company's business performance.

Comprehensive comment

The shortage of masks and other supplies under the new crown virus has attracted many market share. Many enterprises responded positively to the call of the state, and quickly resumed production to fight for the "epidemic". However, many companies have seen business opportunities, spontaneous production and sales, and the epidemic hotspots have brought unhealthy trends to the market. Mask stocks have touched sensitive nerves in the capital market and need to be cautious about such investments.