Huafang Textile Good Announcement Announcement On The Day Before The Lawyer: News Or Leakage

Yesterday (July 18th), Hua Fang Spin (6.00,0.55,10.09%) (600273, closing price of 5.45 yuan) can be described as double happiness (10.77, -0.06, -0.55%). The company announced that it was successful in a loan dispute contract, and the losing party was awarded compensation for the repayment of principal and interest. At the same time, it also announced that the SFC would approve the application of its holdings of Huaan Securities shares.

Affected by the above good news, the company opened its stock price yesterday, and finally closed its trading limit. But it is worth noting that in July 17th before the announcement, Huafang textile has been trading. According to Huafang textile director Zhao Jiangbo told reporters that the company received a court decision in the morning of July 17th.

In response, lawyers questioned that the company's share price happened to be trading on a trading day before the official announcement of major profits, or someone was suspected of insider dealing, calling on the SFC to intervene.

The company's stock price closed for nearly two days.

In July 17th, Huafang textile industry appeared at a low level and recovered 16 days of land lost.

18 days, the company issued two announcements, one announcement said: the company recently received the civil judgment of the Zhangjiagang people's court, the defendant Zhangjiagang Hua Tian new material should return the plaintiff company's loan principal amount of 12 million 14 thousand and 300 yuan and yield 303 thousand and 400 yuan, and limit the execution within 10 days after the judgment comes into effect.

Another announcement said that the company also received the approval document of Anhui Securities Regulatory Commission on Approving the change of registered capital of Huaan Securities Limited company recently, that is, the company's 40 million shareholding interest in Huaan securities came into effect.

Public information shows that the price increase of Huafang textile is 1.78 yuan per share and the contribution amount is 71 million 200 thousand yuan. stock right After the completion of the increase, the company collectively holds 60 million shares of Huaan securities, accounting for 2.12% of the company's registered capital.

It is worth noting that the above two positive news were officially disclosed on the 18 th, while the price of Huafang textile not only increased on the same day, but also appeared strong trading on the previous trading day.

In this regard, Zhejiang Yu Feng law firm senior partner Li Jian lawyer told the "daily economic news" reporter that, on the first day of the official announcement of the major good announcement, the price of Huafang textile shares appeared to be trading. Some people were suspected of disclosing insider information or insider trading, and called on the SFC to intervene in the investigation.

Secretaries: information transfer intermediate links

Huafang textile yesterday announced two positive news, did not clearly point out the date of the occurrence of related events, Huafang textile director Zhao Jiangbo told the "daily economic news" reporter, the court judgment was received on the morning of 17.

Zhao Jiangbo further added that the judgment was issued from the court, then to lawyers and lawyers, and then to the company and the company to the secretaries.

Then, if the information has been disclosed in time, but the stock price is still ahead of time limit, is there any leakage or insider trading? Zhao Jiangbo told reporters that there is no possibility of divulge or insider trading. At least in the link of listed companies, there is insider information registration.

At the same time, she also pointed out that from the technical analysis, the company's share price has actually dropped very low. Therefore, it is hard to say whether the trading limit is related to the decision result. "I think, in fact, from the perspective of the company's share price, it is still related to the transaction and technology of the transaction. It may also add some cases to the announcement. But I think the weight ratio should not be big, because the two announcements are nothing, they are the situation and content that will win."

Zhao Jiangbo also said that the contents of these two announcements involve more intermediate links, many of which are beyond the control of the company. Among them, the court's judgment must pass through the court, lawyers and other links, and eventually it will be sent to Dong's hand. However, the approval of the Huaan securities increased, and the approval of the regulatory authorities is also a lot. Shareholder The structure table is also copied to many units, so there are many things in the process of delivering the company that can not be controlled.