On September 3, the Yangtze River Health announced that two shareholders holding more than 5% of the shares intend to liquidate their holdings of 18.17% of the total shares.

This became the disclosure of the highest proportion of shares to be reduced to total equity since September.

  As of September 3, 42 listed companies in the A-share market have issued shareholder reduction plans since September.

Looking at the two months from July 1 to September 3 this year, a total of 683 listed companies announced their shareholding reduction plans.

  The market value of the proposed reduction in A-share announcements in July and August exceeded 100 billion. Among them, the market value of the proposed net reduction in July was about 125 billion yuan, higher than the market value of the proposed net reduction in June and August.

From the perspective of the secondary market, the Shanghai stock index was in a sharp rise in mid-to-early July, and it has been in a state of shock since then.

  Judging from the specific situation of shareholder reductions of listed companies, in September, based on the latest stock price, Juewei Foods will encounter a reduction of more than 3 billion yuan by controlling shareholders and their concerted actors; The number of shares that people acting in concert may reduce accounts for 44.69% of the company's total share capital, which is the highest proportion in a single disclosure. The reasons for the reduction are stock pledges, debt defaults, and personal capital needs.

  The following is attached: Since July, the top ten information about the proportion of shareholders who intend to reduce their holdings to the total share capital disclosed by listed companies in a single time:

  Up to 18% reduction in September

  On September 3, Changjiang Health disclosed an announcement that the company’s shareholder Yangshu Hengkang Zhangjiagang Free Trade Zone Pharmaceutical Industry Equity Investment Enterprise (Limited Partnership) (hereinafter referred to as "Yangshu Hengkang") and Zhongshan Songde Zhangjiagang Free Trade Zone Pharmaceutical Industry Equity The investment enterprise (limited partnership) (hereinafter referred to as "Zhongshan Songde") plans to reduce its holdings of 80.510.18 million shares and 144 million shares respectively within 6 months, accounting for 6.51% and 11.66% of the total equity of Yangtze River Health, both of which are liquidation reductions .

  In fact, on February 8 this year, Yangtze River Health announced the above-mentioned shareholding reduction plans of Yangshu Hengkang and Zhongshan Songde. However, because the current shareholding reduction plan has expired, the current shareholding reduction plan is actually a continuation of the previous plan. .

  But the stock price reaction was greater at that time.

Before Yangtze River Health announced its shareholding reduction plan, the stock price rose by a limit for three consecutive trading days. The two trading days after the announcement of the shareholding reduction plan plunged by more than 8%, a total drop of 17.28%.

This time, when the market had expected the reduction of holdings, the stock price fell 2.58% on September 3 and closed at 4.15 yuan per share.

Based on the recent stock price calculation, the total market value of Yangshu Hengkang and Zhongshan Songde's proposed reduction is 932 million yuan.

  The shareholding reduction plan of Changjiang Health's shareholders is the highest percentage of total share capital to be reduced since September.

In addition, from September 1 to September 3, 41 listed companies disclosed their shareholding reduction plans.

  United Optoelectronics will encounter the liquidation reduction of the original shareholders of the initial issue.

The company announced on September 3 that Shenzhen Nanhai Growth Innovation Technology Investment Partnership (Limited Partnership) (hereinafter referred to as "Nanhai Growth") intends to reduce the number of shares held by no more than 17.862144 shares, accounting for 8.01 of the company's total share capital. %.

This proposed shareholding reduction ratio ranks second in the shareholding reduction plan disclosed since September.

  According to the announcement, the shares of Nanhai Growth come from the shares before the initial public offering of United Optoelectronics. The proposed reduction of shares is due to its own financial needs.

United Optoelectronics was listed on August 11, 2017, which means that Nanhai Growth wanted to liquidate and withdraw after the lifting of the share ban.

  Juewei Food will encounter a huge reduction in holdings by controlling shareholders and those acting in concert.

On September 1, Juewei Food announced that the controlling shareholder Shanghai Jucheng Enterprise Development Partnership (Limited Partnership) and its concerted parties plan to reduce their holdings by no more than 36,517,842 shares, and the reduction ratio is no more than 6%. Among them, bidding transactions The reduction of holdings shall not exceed 12.172614 shares, and the reduction of holdings of block transactions shall not exceed 24.345228 shares. The reduction period is from September 8, 2020 to March 22, 2021.

  Juewei Foods, whose stock price hit a record high of RMB 95.80 per share on August 31, plunged 7.91% on September 1.

As of the close on September 3, the company's stock price was 84.79 yuan per share.

Based on this calculation, the market value of the shares that Juewei Food’s controlling shareholders and their concerted actors intend to reduce is 3.096 billion yuan.

  In addition, the proportion of shareholders of Gosuncn and Huina Technology who intend to reduce their holdings is also relatively high, at 6% and 5.99% respectively.

Among them, Gao Xinxing, the controlling shareholder and actual controller Liu Shuangguang, wants to reduce its holdings. The main purpose of the reduction is to actively reduce the proportion of personal stock pledges to reasonably control its own debt ratio.

  The market value of A-shares planned to be reduced in July and August exceeds 100 billion

  Beginning in July this year, the Shanghai Stock Exchange Index was in a stage of substantial growth. After reaching a new stage high of 3,548.79 points on July 13, the market was in a state of shock.

The planned reduction of industrial capital holdings in July and August also attracted market attention.

  According to Wind Information data, a total of 655 listed companies disclosed their shareholding reduction plans in July and August, involving 1,338 times. Among them, 345 listed companies disclosed their shareholding reduction plans in July and 377 listed companies disclosed their shareholding reduction plans in August. (There are listed companies that disclosed their shareholding reduction plans in July and August).

  According to the research report issued by the chief strategy analyst Xun Yugen of Haitong Securities, the market value of the A-share announcement in July was about 125 billion yuan, higher than the 65.7 billion in June; the August A-share announcement was the planned net reduction in the market value About 103.8 billion yuan, down from July.

  Xun Yugen’s team estimates based on the stock price on July 31 that, from the perspective of the sectors, the planned net reduction of the main board, small and medium-sized board, and GEM in July will be 642.61, 25.021, and 35.707 billion yuan, respectively, and the proposed net increase/decrease/free market value. Respectively -0.32%, -0.42%, -0.78%; in terms of industry, the machinery, computer, pharmaceutical and other industries have the largest amount of net holdings reduction. The planned net reductions are 197.3, 18.827, and 13.435 billion yuan, respectively. The holdings/free float market value are -1.57%, -0.97%, and -0.39% respectively; from the perspective of individual stocks, Huitong Energy and Wolong Real Estate intend to reduce their holdings the largest in July, with the proposed reductions of 204 and 143 million yuan respectively. The proposed net increase/decrease in market capitalization/free float market capitalization is 22.35% and 8.4% respectively.

  Regarding the proposed net increase or decrease of industrial capital holdings announced in August, Xun Yugen’s team estimated according to the stock price on August 31 that, from the perspective of sectors, the proposed net decrease of the main board, small and medium-sized board, ChiNext board, and science and technology board in August was respectively 42.450 billion yuan, 13.952 billion yuan, 34.713 billion yuan, and 12.666 billion yuan. The proposed net increase or decrease in holdings/free float market value are -0.20%, -0.23%, -0.73%, and -0.04%; in terms of industry, medicine, basic The chemicals, electronics and other industries have the largest amount of proposed net reductions, with the proposed net reductions of 210.73, 120.52, and 10.678 billion yuan respectively, and the proposed net increase or reduction of holdings/free float market value are -0.61%, -0.84%, -0.41%, respectively From the perspective of individual stocks, in August, Kanglong Chemical and Guangwei Composites planned to reduce their holdings in the largest scale, with the planned reductions of 7.054 billion and 3.797 billion yuan respectively, and the planned net increase or decrease of market value/free float market value of -36.27%, -18.77%.

  Judging from the share reduction ratio of the listed company’s single disclosure of the shareholder reduction plan, on August 15th, Bangxun Technology announced that the controlling shareholder and its concerted actors may reduce the number of shares held by them not to exceed their total holdings of 143 million shares. , Accounting for 44.69% of the company's total share capital.

Ranked first in the single shareholder reduction plan disclosed by listed companies in July and August.

  “Due to equity pledges and debt defaults, the company’s controlling shareholder Zhang Qingwen and his concerted person Dai Furong’s holdings of the company’s shares are currently in a state of judicial freeze and may be forcibly disposed of by creditors in the future.” Bangxun Technology said that the above-mentioned share reduction may result The company's control has changed.

  In the shareholder reduction plans disclosed by Tibet Everest, Shouxiangu, and Jinlitai in a single disclosure, the proportion of the proposed reduction in the total share capital is more than 10%.

  Author: Huang Siyu