The concept stock of Ningde era, which has just risen three times, suddenly announced that the order of the era of Ningde and Ningde has been cancelled!

　　480 million orderscancel

On the evening of September 15, Huazi Science and Technology announced that due to changes in the implementation of the project, changes in technical conditions and the schedule of fine mechanical and electrical capacity, the order of the Ningde era was cancelled because of the fact that the subsidiary company won the bid for a total of 480 million yuan.

In this regard, Huazi Science and Technology said that the change of this order is the result of friendly negotiation between the two sides and will not affect the normal performance of other orders and follow-up cooperation between the two sides. The above-mentioned bid-winning order has not been formally fulfilled, and the change of the order will not affect the normal operation of the company and its subsidiaries.

What is more noteworthy is that more than 5% of the major shareholders reduced their holdings ahead of time before the order was cancelled. As of August 20, there were 40200 shareholder households.

As soon as the news came out, the pot exploded in the stock bar. Some netizens even said bluntly: "use fake orders to pull up the goods, and then …"... "

And some netizens were cheated.

　　Share prices hit an all-time high in intraday trading

It is reported that Huazi Science and Technology announced on April 28 and May 18, 2021 that it had won the order of Ningde Times, with the winning bid amount of 230.52 million yuan and 250.86 million yuan respectively.

According to data, Huazi Technology's revenue in 2020 was 1.162 billion yuan. Based on this, the 480 million yuan orders cancelled above accounted for more than 40% of last year's revenue.

Because of the halo of Ningde-era suppliers, the share price of Huazi Technology, which was previously tepid, has also begun to soar. From April 29 to September 15, Huazi Technology's share price rose from a peak of 9 yuan to 37.30 yuan, rising as much as four times this year, making it a veritable Daniel stock.

According to the company's 2020 annual report, revenue from the three main businesses declined across the board, down 27.24%, 20.85% and 6.88%, respectively, compared with the same period last year. This also led to a 19.22% drop in revenue and a 65.82% drop in net profit last year.

What is more worth mentioning is that while the Huazi Technology issued the above change announcement, it also disclosed a prompt announcement of convertible debt to equity. The conversion period of Hua Zi Bond is from September 22, 2021 to March 11, 2027, and the conversion price is RMB 9.25 per share.

Referring to the cancellation of Ofeiguang's order, affected by the relevant news, Ofeiguang's share price fell by the limit the next day and has since hovered at a low level for a long time.

Generally speaking, the rise of Huazi in the early stage of science and technology has something to do with the Ningde era. The order accounted for more than 40% of last year's revenue, and the cancellation could have a big impact on the stock price.