On the evening of November 19, another listed company was investigated by the China Securities Regulatory Commission. In addition, Zhongqingbao, the "big bull stock of the Yuan Universe" that soared by 320%, issued an announcement stating that the company's controlling shareholde

suddenly suffered bad news, and 120,000 shareholders were confused!

On the evening of November 19, another listed company was investigated by the China Securities Regulatory Commission. In addition, Zhongqingbao, the "big bull stock of the Yuan Universe" that soared by 320%, issued an announcement stating that the company's controlling shareholder received a regulatory letter due to non-operational occupation of company funds.

Jinyi Industrial was investigated by the China Securities Regulatory Commission due to suspicion of illegal disclosure of information

Jinyi Industry was investigated by the China Securities Regulatory Commission

On the evening of November 19, Jinyi Industry issued an announcement stating that the company received the "Notification of Case Filing" from the China Securities Regulatory Commission on the company on November 19, 2021. (CSRC filing number: 01120210010), because the company was suspected of violating laws and regulations in information disclosure, it was decided to file a case against the company in accordance with the Securities Law of the People's Republic of China, the Administrative Punishment Law of the People's Republic of China and other laws and regulations.

According to the company’s preliminary understanding, this filing involves matters related to the company’s failure to timely perform review procedures and information disclosure obligations on daily related transactions.

Jinyi Industrial stated that during the investigation, the company will actively cooperate with the China Securities Regulatory Commission and perform its information disclosure obligations in strict accordance with regulatory requirements. The company's current operating conditions are normal. Investors are also reminded to make prudent decisions and pay attention to investment risks.

Jinyi Industrial’s stock price fell by more than 83% from its high point.

html More than 260,000 stockholders were stunned.

Judging from the stock price performance, Jinyi Industrial’s stock price has been rising since the end of July, and hit a stage high on September 16. During this period After a cumulative increase of more than 22%, the stock price began to fluctuate downward. As of press time, the stock was trading at 5.11 yuan, with a total market value of 4.9 billion yuan. The stock price has fallen by more than 83% from its historical high.

On November 19, Jinyi Industrial was investigated by the China Securities Regulatory Commission for suspected violations of information disclosure laws. More than 60,000 shareholders were confused. Many investors said, "A case has been filed for investigation, and there is a risk of the limit falling next Monday." "Limit down."

As of the end of the third quarter, Jinyi Industrial had 62,800 shareholders.

Jinyi Industrial is the leader in the fastener industry

The company and related personnel have been given regulatory warnings

It is understood that Jinyi Industrial is a leading enterprise in the domestic fastener industry, producing and selling various types of fasteners, railway fasteners, and hardware products , fine wire, automated warehousing equipment, rails and other products.

According to its disclosed third quarter report, Jinyi Industrial’s net profit attributable to the owners of the parent company in the first three quarters was 205 million yuan, a year-on-year increase of 91.98%; operating income was 2.197 billion yuan, a year-on-year increase of 24.84%; basic earnings per share was 0.215 yuan , a year-on-year increase of 77.69%.

The company stated that the growth in net profit was mainly due to the decrease in sales and net profit in the main business in the first half of last year due to the impact of the epidemic. This factor has a smaller impact in this period, and the main business profit increased in the same period this year.

It is worth noting that on May 18, 2021, the Shanghai Stock Exchange issued a regulatory warning to Jinyi Industrial and related personnel. It was found that Jinyi Industrial had irregularities in information disclosure. Yu Jie, then secretary of the board of directors, failed to perform his duties diligently and was responsible for the company's irregularities. In view of the facts and circumstances of the relevant violations and in accordance with relevant regulations, the Shanghai Stock Exchange issued regulatory warnings to Jinyi Industrial Co., Ltd. and Yu Jie, the then secretary of the board of directors.

Another Yuanshi big bull stock received a regulatory letter

At the same time, this evening, Zhongqingbao issued an announcement stating that the company’s controlling shareholder received a regulatory letter due to non-operational occupation of company funds.

Previously, the Metaverse concept was rising, and the stock prices of many concept stocks in the A-share market soared. As of today's close, the Metaverse concept sector has gained more than 23% in the past 60 days, with Zhongqingbao ranking first with a cumulative gain of 320%. Since November, many companies such as Zhongqingbao, Shengtian Network, Tianxiaxiu, Dafu Technology, and Yishang Display have received letters of concern or inquiries.

As of September 30, the company had nearly 60,000 shareholders.

Shenzhen Stock Exchange issued a supervision letter to the controlling shareholder due to non-operating occupation of company funds

On November 19, Zhongqingbao issued an announcement that the Shenzhen Stock Exchange issued a supervision letter to Shenzhen Baode Investment Holdings Co., Ltd., the controlling shareholder of Zhongqingbao. As the controlling shareholder of Zhongqingbao, it has occupied a total of 7.5 million yuan of company funds for non-operational purposes since April 2019. This fund occupation was formed through the company purchasing customized game development services from a third party. As of April 27, 2021, the above-mentioned The occupied funds have been paid off.

company was listed on the GEM in 2010 and is the first A-share listed game company in China. In terms of performance, from 2014 to 2016, Zhongqingbao’s non-net profits were in a state of loss. In 2017, the net profit after deducting non-net profits was only 195,700 yuan, in 2018 it was 27.89 million yuan, and in 2019 it dropped to 1.898 million yuan. In 2020, the loss after deducting non-net profits was as high as 145 million yuan.

From the perspective of main business, the company's gaming business has gradually decreased in proportion, while the cloud service business has gradually increased in proportion. In the first half of this year, the former's revenue share dropped from 89.7% last year to 48.31%, while the latter's revenue share increased from 10.11% to 47.81%. Its cloud service business mainly carries out some data center operation and maintenance work through subsidiaries.

Metaverse is on the forefront, and exchanges continue to focus on supervision

In fact, after entering September, affected by a series of events, investors' attention to Metaverse suddenly increased. On the investor relations interactive platform, almost all of the questions raised by investors of some listed online game companies were related to VR and the Metaverse.

In the face of market sentiment, not every listed company can take the initiative to clarify market hot spots, but try to stand on the forefront.

Zhongqingbao is a long-established game company. Its market really started to take off when it released a message on the WeChat official account on September 6 about the development of the Metaverse game. On September 6, the company posted on its public account that the game is considered to be the best entrance to the Metaverse at present, and the company is developing a simulation business game called "Brew Master" that can map the player's inner world to the Metaverse. . Subsequently, its stock price started to skyrocket.

As the stock prices of concept stocks have risen sharply, more and more listed companies have actively contacted the Yuanverse. Since November alone, more than 10 companies have received letters of regulatory attention as a result. On November 4, Yishang revealed that in order to support the company's business development, Lin Qingde, a shareholder with a 5.01% stake, plans to provide the company with loans. The total amount of the loans will not exceed 50 million yuan. The funds will be used to supplement the company's working capital and expand The company's production and operations are developing, and the company's investment in the Yuanverse industry has been increased.

Some listed companies have been subject to regulatory penalties for disclosing information related to Yuanverse. Tomcat disclosed on September 30 that it failed to objectively and completely introduce and reflect the actual situation such as the impact of the company's related businesses on the company's performance when responding to questions about its business layout in the Metaverse, VR and other fields on the Shenzhen Stock Exchange's investor relations interactive platform. , the company and board secretary Hu Fei were both issued warning letters by the Zhejiang Securities Regulatory Bureau and recorded in the integrity files of the securities and futures markets. According to media reports, on September 8, when Tomcat answered investor questions on the Shenzhen Stock Exchange Interactive Exchange, it stated that the company had established a special working group for the issuance of the Metaverse and coordinated domestic and foreign R&D teams to initiate and concept development of specific products. .

Institution: It is recommended to be wary of the risk of speculation in the Metaverse concept.

html Since September, the Metaverse concept has been rising, and the share prices of many concept stocks in the A-share market have risen sharply. As of today's close, the Metaverse concept sector has gained more than 23% in the past 60 days, with Zhongqingbao ranking first with a cumulative gain of 320%. The stock prices of many concept stocks have experienced abnormal fluctuations, which has attracted great attention from regulators. In the view of many professional institutions, the recent rise in the concept of the Metaverse contains some elements of speculation.

Shanxi Securities Research Report stated that in the short term, the Metaverse concept is still in the embryonic exploration period of hardware research, and there is still great uncertainty. In addition, it has been strongly sought after by funds before, and the current valuation of some targets may have deviated from reasonable levels. It is recommended to be vigilant. Hype risks.

CITIC Securities also stated that there is still a long development path before the ultimate metaverse and there are many uncertainties. However, the metaverse is the future digital survival of mankind and will have a profound impact on society and bring great consequences. The ultimate opportunity for the industry. In the process of progressive development, we will continue to see the emergence and integration of single-point innovations in all aspects, continue to move closer to the ultimate metaverse, and continue to bring investment opportunities. However, “at this point in time, it is difficult for us to give short-term beneficial investment targets for the Metaverse.”