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Further Weakness as Offcn Education Technology (SZSE:002607) Drops 9.0% This Week, Taking Five-year Losses to 89%
Using baijiu, old computers, and used cars to 'repay debts' to students, has offcn education technology's 'no questions asked refund' policy gone too far?
① Offcn Education Technology in Jiangsu, Zhejiang, Hubei and other places have encountered difficulties in refunding. ② Offcn Education Technology has poor cash flow, and the company is currently under pressure due to poor profitability of its main business and excessive debt. ③ Li Yongxin stated that refund issues have occurred due to internal decisions and external environmental factors.
Longhu Bang: The offcn education technology hit the limit down, and hk->sz net bought 69.2255 million yuan.
Offcn Education Technology (002607.SZ) fell to the limit today, with a turnover of CNY 1.838 billion and a turnover ratio of 18.64%. According to the Longhu Bang data, the hk->sz channel bought CNY 0.118 billion and sold CNY 49.2311 million, with a net purchase of CNY 69.2255 million. The seats on the list bought CNY 0.197 billion and sold CNY 0.31 billion throughout the day, with a net selling of CNY 0.113 billion in total.
Top Gainers and Losers | Xiamen King Long Motor Group obtained a capital of 155 million for aggressive acquisition, listed on the tiger list! Hujialou Market saw the active trading of Changshu Tianyin Electromechanical.
The top three daily net buy-in amounts on the Dragon Tiger List are Xiamen King Long Motor Group, Offcn Education Technology, and Addsino Co., Ltd.
A-share Market Review: The index collectively closed in the positive, with active performances in education, photovoltaics, and medicine, while multiple stocks at high positions have collapsed.
More than 4,700 shares rose and the total transaction volume for the day was 654.2 billion yuan, a decrease of 136.3 billion yuan from the previous day.
A-share noon report: Chinext Price Index rose by 0.42%, led by the education and gaming sectors, and baijiu stocks rebounded.
The main indexes of A-shares opened lower and rose during the morning session. As of midday closing, the Shanghai Composite Index rose 0.07%, the Shenzhen Component Index rose 0.37%, and the Chinext Price Index rose 0.42%.
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