① Carred terminated the 0.387 billion yuan asset restructuring; ② The major asset restructuring was well received by the capital market. Counting the day before disclosure, the company won four ups and downs.
Financial Services Association, October 29 (Reporter Liu Yue) Before the big boom “went up and down early”, and “fell to a stop early” before the thunder burst, the stock price of Kaird (002072.SZ) once again “rushed”!
Tonight, the company announced the termination of plans for an asset restructuring of 0.387 billion yuan. The company's stock price took a big dive in early trading today, falling to a close after a fluctuating downward trend. The asset restructuring matter “ignited” the company's stock price, helped Kaird win three straight lines, and even revealed that the previous day's stock price had risen and stopped early.
Specifically, Kerrader announced in the evening that the company reviewed and passed the “Proposal to Terminate the Planning of Major Asset Restructurings and Related Transactions”. The company originally intended to purchase no less than 29.0134% of China Grid Technology's total holdings from State Grid Technology shareholders using cash payment transaction consideration. The transaction amount is expected to be no less than 0.387 billion yuan, and it has become the largest shareholder of State Grid Technology. However, after a consensus decision, this major asset restructuring matter was terminated. The company promises not to plan major asset restructuring matters for at least one month from the date of termination of planning for this major asset restructuring announcement.
It is worth noting that the capital market responded warmly to this major asset restructuring matter. Counting the day before disclosure, the company won four ups and downs in one fell swoop. Specifically, since it was revealed on the evening of August 5 that it was planning to buy no less than 29% of the shares in State Grid Electric Power, Kerrard then took three straight boards. Even on the day of August 5 before the announcement, the company's stock price “started early” to block the rise and stop, yet the three major market indices were still hitting new lows at the same time.
As of September 24, Kerrader also stated in an announcement that planning for the company's major asset restructuring is in progress. Now, the company has changed its rumors and decided to terminate this major asset restructuring, but the stock price once again reacted early. Early trading today took a big dive, and after a fluctuating downward trend, it stopped and closed.
It is worth noting that “Beijing State Grid Electric Power Technology Co., Ltd.”, the target of the transaction that caused waves in the company's stock price, was abbreviated “State Grid Electric Power” in August when Kerrader disclosed the restructuring announcement, which seemed to be “big-eyed” like a central enterprise; when the company disclosed the termination of the planning announcement tonight, the abbreviation in the announcement became “State Grid Technology,” but in reality, according to Tianyan Research, the ultimate beneficiary and suspected actual controller of this “State Grid” was a natural person, Zhou Ziguan.
Judging from the performance of the secondary market, the company's stock price trend is still “rushing” many times. Before the news that the chairman of the board was opened for investigation was announced on September 24, Kerrader's stock price had already “plummeted ahead of schedule” three times in a row. However, after the announcement of the negative news, the company's stock price rebounded in the general market and reached four consecutive highs.
Carred is mainly engaged in coal trading business, and all of them are carried out through a self-operated model. In terms of performance, Carred's performance, which had just improved slightly in the first half of the year, returned profits and losses in the third quarter. According to the three-quarter report disclosed this evening, the company's revenue for the first three quarters of 2024 was about 0.502 billion yuan, an increase of 133.02% over the previous year; the net profit loss to mother was about 2.53 million yuan, of which 7.14 million yuan was lost in Q3.
Judging from historical performance, from 2020 to 2023, Carred's net profit was -0.203 billion yuan, 0.009 billion yuan, -0.011 billion yuan, and 0.002 billion yuan respectively. The total loss for four years exceeded 0.2 billion yuan. The Financial Services Association reporter noticed that the company has experienced many capital operations since 2013, but almost every time it has caused questions, inquiries, and penalties from the regulatory authorities for irregularities.