We Think That There Are More Issues For Shanghai Baolijia Chemical (SZSE:301037) Than Just Sluggish Earnings
Despite Shanghai Baolijia Chemical Co., Ltd.'s (SZSE:301037) recent earnings report having lackluster headline numbers, the market responded positively. Sometimes, shareholders are willing to ignore
Polijia's latest announcement: proposed 2021 restricted Stock incentive Plan for 1.802 million shares
Baolijia announced the release of the 2021 restricted stock incentive plan (draft), the number of restricted shares to be granted is 1.802 million shares, accounting for 2 per cent of the total share capital of the company on the date of the draft announcement. Of these, 1.5875 million restricted shares were granted for the first time and 214500 restricted shares were reserved for grant. The incentive program awarded a total of 45 people for the first time. The chairman of the company is Yang Wenyu. Mr. Yang Wenyu: born in 1960, Chinese nationality, Canadian permanent resident card, college degree, December 1978 to October 1984, military service in the 92nd Regiment of Tai'an, Shandong Province
Baolijia: Haichuang Fund, Debang Fund and other two institutions investigated our company on November 10.
Bao Lijia (301037) issued a notice on November 11, 2021, saying: Hai Chuang Fund Zhang, Su Guangning, Fan Shenglong, Lu Chen Wei, and Debang Fund Jin Ye investigated our company on November 10, 2021. The main content of this survey: Q: recently, there has been a shortage of electric power and energy in a large area of the country. Does this affect the production and operation of the company? A: in September this year, Foshan Baolijia Chemical Co., Ltd., the only wholly-owned subsidiary of the company, limited electricity and production due to the restrictions on the use of electricity in industrial production in Guangdong Province, but the impact was not significant, and there was no power outage waiting for production. At present, Foshan Baolijia has resumed normal electricity production. Other factories are not subject to power cuts.
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