The second and third largest shareholders of jinlitai are clearing their positions to reduce their holdings

The actual controller was arrested for contract fraud. Before the incident, he suddenly cashed out 300 million yuan. During the year, the stock price soared sharply, which was once questioned as a hot spot. The second largest shareholder even planned to reduce its holdings by clearing positions. How many stories are there behind jinlitai (300225)? < / P > < p > on the evening of December 14, jinlitai announced that on December 13, it received a detention notice from the family of Liu Shaolin, a shareholder of Hainan Dahe Industry Co., Ltd. (hereinafter referred to as “Dahe industry”), Liu Shaolin was detained by Shanghai Public Security Bureau for suspected contract fraud, and the relevant matters need further investigation. < p > < p > Jin Litai said that Liu Shaolin did not hold any position in the company, the company’s daily operation is normal, the company’s management is stable, and the company’s board of directors and management will ensure the normal operation of the company and various business activities. According to the data, as of September 30, 2020, Hainan Free Trade Zone Dahe Industrial Co., Ltd. holds 20.13% of the company’s circulating shares, and is the largest shareholder of the company’s circulating shares. Dahe industry is the controlling shareholder related party of jinlitai, and Liu Shaolin is the actual controller of jinlitai. At present, Liu Shaolin indirectly holds 14.93% shares of jinlitai. < / P > < p > according to the data, jinlitai’s main business is automotive coatings and industrial coatings, which was listed in May 2011. Since the beginning of this year, jinlitai’s share price has performed strongly. The share price has soared from less than 5 yuan in February to nearly 25 yuan / share in mid November, becoming one of the big bull stocks in gem. However, in the process of rising stock price, jinlitai frequently exposed news on the interactive platform, involving chips, military industry, vaccines, Tesla and other hot market concepts, which also caused the market to question jinlitai’s “rubbing hot spots”. On September 12, Shenzhen Stock Exchange issued a letter of concern to Shanghai jinlitai Chemical Co., Ltd. Starting from the chip concept, on June 12, 2020, jinlitai replied to the investors in the interactive platform that “another shareholder of Shanghai Kingdee, durcot, has the surface treatment technology of lithography machine, and has been undertaking the surface treatment related business of Shanghai microelectronics equipment (Group) Co., Ltd. (hereinafter referred to as” Shanghai microelectronics “), will Shanghai microelectronics have more light in the future Shanghai Kingdee will undertake the business of durcot in the future. On July 13, jinlitai replied in interactive e-commerce that Shanghai Kingdee’s ultra micro arc oxidation technology can be used for surface treatment of lithography equipment parts and other semiconductor chip integrated circuits. < / P > < p > next is the concept of military industry. On August 3, when Jin Litai replied to the investor’s question “can the surface treatment technology of ultra micro arc oxidation meet the requirements of military stealth materials or super materials?” he said that the technology can be applied to military infrared stealth materials in theory. < p > < p > however, on September 4, jinlitai disclosed in the announcement on abnormal fluctuation of stock trading (hereinafter referred to as the “change announcement”), that Shanghai Kingdee’s ultra micro arc oxidation technology is currently applicable to the field of light alloy surface treatment, and does not involve the research and development, production and sales of photoresist and photoresist cleaning, nor is it engaged in the research and development, production and sales of photoresist machine No commercial agreement has been signed with Shanghai microelectronics. < / P > < p > on June 11, jinlitai disclosed in the announcement on signing strategic cooperation agreement with Shanghai Baibai Investment Management Co., Ltd., that Shanghai Baibai Investment Management Co., Ltd. (hereinafter referred to as “Baibai capital”) will empower jinlitai, recommend and assist jinlitai in finding high-quality M & A targets, and integrate resources in automobile, materials and other fields. On June 16, it replied in the interactive platform that Shanghai Kingdee’s ultra micro arc oxidation technology can theoretically be applied to the surface treatment process of aluminum alloy wheels. < p > < p > on September 4, jinlitai disclosed in the change announcement that its holding subsidiary Zhongke Shiyu (Beijing) Technology Co., Ltd. (hereinafter referred to as “Zhongke Shiyu”) is mainly engaged in the research, development, production and sales of phase change microcapsules. At present, jinlitai and Zhongke Shiyu are carrying out research on their patented technology, discussing their application fields and directions, and Zhongke Shiyu’s business cooperation with jinlitai It has little influence. < p > < p > in this regard, Shenzhen stock exchange requires companies to explain whether they actively cater to market hot spots and hype stock prices. However, in its reply to the concern letter of the exchange on September 14, jinlitai denied that it was “hot spot”. Jinlitai said: “the company’s response on interactive e-commerce is based on facts, and there is no situation of actively catering to market hot spots and speculating in the company’s stock price.” And further indicated in the reply letter that the company has no information that should be disclosed but not disclosed, no major events in planning or other events that may lead to abnormal fluctuations in stock trading. < / P > < p > what is more noteworthy is that on the eve of the case, Liu Shaolin once sold jinlitai in a big way. According to jinlitai’s previous announcement, on December 10, 2020, the company received a notice from Hainan Dahe that it would reduce 20.5 million shares of the company through centralized bidding in Shenzhen Stock Exchange on December 9, 2020. < / P > < p > as of the date of this announcement, the total share capital of the company has increased from 470 million shares to 489 million shares due to the completion of the first grant of share registration and listing in the 2020 restricted stock incentive plan on August 14, 2020. Considering the above factors of passive dilution of shareholding ratio, the shareholding ratio of Hainan Dahe was reduced from 20% to 15.04%, with a decrease of 4.96%, more than 1%. According to the company’s opening price of 15 yuan / share on that day, the cash amount of the set is about 308 million yuan. In August this year, jinlitai announced that Ke Qiao Lingying, a 10% shareholder of the company, plans to reduce its holdings by no more than 10% of the company’s total share capital within six months, that is, 47.034 million shares. According to the announcement, Keqiao Lingying held 47.034 million shares at that time, accounting for 10% of the total share capital of the company. In other words, Keqiao Lingying intends to clear the position and reduce its holdings this time. Subsequently, Wu Guozheng, the third largest shareholder, also put forward the plan of clearing the position and reducing 4.54% of the shares. < p > < p > on the evening of November 26, jinlitai announced that the company had recently received the “notification letter on the progress of share reduction plan” issued by Keqiao Lingying. The time for Keqiao Lingying’s share reduction plan is more than half. From September 3, 2020 to October 12, 2020, jinlitai reduced 14.1 million shares of the company, with a reduction price of 11.52 yuan / share to about 16.97 yuan / share, accounting for the total shares of the company 88%. < / P > < p > Disclaimer: the purpose of this article reprinted by CNFC is to convey more information, and it does not represent the opinions and positions of CNFC. The content of this article is for reference only, and does not constitute an investment proposal. Investors operate on this basis at their own risk. < p > < p > Chinanet is a state key news website under the leadership of the Information Office of the State Council and the management of China foreign language publishing and Distribution Bureau. Through 11 versions in 10 languages, the website publishes information 24 hours a day. It is an important window for China to carry out international communication and information exchange.