After being fined, the stock price slumped, and the actual controller of Huanrui Century increased its holdings to boost confidence

time:2022-12-02 14:11:59 source:clevelanddrifters.com author:Garbage
After being fined, the stock price slumped, and the actual controller of Huanrui Century increased its holdings to boost confidence

Stimulated by the positive news that the actual controller increased their holdings, Huanrui Century (000892) has achieved the daily limit for the past two consecutive trading days. The reporter noticed that this is a rare and exciting performance of the company's stock price after the previous punishment for the issue of letter disclosure. On August 27, 2022, the company issued an announcement to increase its holdings, stating that based on its firm confidence in the company's future development prospects and recognition of the company's long-term value, the company's actual controller Zhao Zhicheng and its controlled Ruijia (Dongyang) Enterprise Management The partnership intends to increase its shareholdings in the company with an increase of not less than 100 million yuan. Lawyer Yang Quanjun, who is engaged in investor rights protection, introduced that Huanrui Century's illegal information disclosure incident during the asset reorganization process in 2016 seriously dampened investors' confidence and caused its stock price to slump. Hundreds of investors who bought and held shares of Huanrui Century from July 1st to July 17th, 2017 shall be liable for compensation. The company has also paid part of the amount in accordance with the judgment. Subsequent investors can still consult or sue through WeChat gushi148. According to secondary market transaction data, during the reorganization of Huanrui Century in 2016, the stock price trend was significantly stronger than that of the broader market index. But even at current stock prices, it's still less than half of what it was back then. Industry insiders pointed out that the increase in holdings can play a significant role in boosting and restoring the confidence of secondary market investors in the short term, but it is beneficial for listed companies to improve company rules and regulations, enhance their awareness of the rule of law, and operate legally and compliantly. A long-term strategy for long-term healthy development and boosting investor confidence.

(Responsible editor:Market analysis)