Home Business Share price hits a new high, shareholders reduce their holdings to cash in Pien Tze Huang’s limit

Share price hits a new high, shareholders reduce their holdings to cash in Pien Tze Huang’s limit

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Original title: Share price hits a new high, shareholders reduce their holdings to cash in Pien Tze Huang’s limit

Beijing News (Reporter Zhang Xiulan) On July 22, Pien Tze Huang’s stock price fell to its limit. The day before, Pien Tze Huang announced a shareholding reduction announcement. The controlling shareholder Zhangzhou Jiulongjiang Group Co., Ltd. (hereinafter referred to as Jiulongjiang Group) intends to reduce its holdings by more than 6 million shares and cash in nearly 3 billion yuan. This is also 18 years since Pien Tze Huang was listed. , Jiulongjiang Group reduced its holdings for the first time.

Out of its own financial needs, Jiulongjiang Group intends to reduce its holdings of Pien Tze Huang shares through a centralized bidding transaction to no more than 1% of the current company’s total share capital, that is, no more than 6,033,172 shares. Calculated according to the closing price of 489.76 yuan/share of Zhaihuang on July 21, this reduction will cash out 2.955 billion yuan. This is also the first time that Jiulongjiang Group, the controlling shareholder, has reduced its holdings since Pien Tze Huang was listed 18 years ago. As soon as the news came out, Pien Tze Huang’s stock price fell all the way after the opening of the market on July 22, and eventually fell to the limit, closing at 440.78 yuan per share.

Recently, Pien Tze Huang has received much attention. Its core product, Pien Tze Huang, has been fired from the official channel price of 590 yuan/tablet to thousands of yuan. Pien Tze Huang tablets sold in experience stores around Pien Tze Huang have been sold out, and it is difficult to find one. The topic is also on the hot search list of Weibo. At the same time, Pien Tze Huang’s stock price has also been rising. Compared with the closing price of 279.08 yuan per share on the first trading day of this year, the closing price of 489.76 yuan per share on July 21 also made Pien Tze Huang’s share price increase by more than 70% during the year.

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