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Major Shareholder Received &Nbsp; Guangdong Hong Yuan A Announced 4 Million 170 Thousand Shares Holdings.

2011/6/8 8:58:00 20

Large Shareholder Access To Guangdong Hong Yuan A

Dongguan Hongyuan Industrial Zone Limited by Share Ltd (Yue Hongyuan A[4.51 1.35% stock bar), 000573) announced last night that the controlling shareholder of Guangdong

Hongyuan Group

Limited company (Hongyuan Group) increased its 4 million 170 thousand shares of the company through the block trading system in June 3rd, accounting for 0.67% of the total share capital of the company.


Before this increase, Hongyuan Group held 87 million 86 thousand and 500 shares of Guangdong Hongyuan A, accounting for 13.98% of the total shares issued by Guangdong Hongyuan A. After the increase, Hongyuan Group held 91 million 256 thousand and 500 shares of Guangdong Hongyuan A, accounting for 14.65% of the total shares issued by Guangdong Hongyuan A.


Hongyuan Group said that based on the development prospects of Guangdong Hongyuan A and the understanding of the capital market situation, the future is possible.

Continue to increase Holdings

Guangdong Hong Yuan A shares, and promise not to reduce the duration and the legal period.


It is worth noting that the Hongyuan Group's holdings are clearly aimed at the second largest shareholder of the company, Dongguan Hongbao A holdings, which is reduced by Dongguan City Bao comprehensive trading company.

A also released a brief report on equity changes last night, which revealed the reduction of Dongguan city treasure to the number of A holdings.


The announcement shows that the reduction of Dongguan city treasure also took place in June 3rd. It also sold the Guangdong Hong Yuan A stock held by the Shenzhen Stock Exchange Trading System in block trading. The number is also 4 million 170 thousand shares. From the information disclosed by the Shenzhen Stock Exchange, Guangdong Hong Yuan only had a big deal on that day, the paction price was 4.41 yuan, and the paction amount was 18 million 389 thousand and 700 yuan.


In fact, this is not the first time that Dongguan city treasure has been reduced to Guangdong Hong Yuan A.

Shares

From August 1, 2007 to December 21, 2010, Dongguan City Bao reduced the A1519.82 shares of Guangdong Hong Yuan through a concentrated bidding paction, accounting for 2.44% of the total share capital.

After this reduction, Dongguan City Bao still holds A1.863% shares of Guangdong Hong Yuan, all of which are tradable shares under unlimited sale conditions.

In the next 12 months, Dongguan City Bao said it would continue to reduce its stake in Yue Hongyuan A based on its actual situation.


For the purpose of reduction, Dongguan city treasure is only a company's operational development needs.

In the next 12 months, Dongguan City Bao said it would continue to reduce its stake in Yue Hongyuan A based on its actual situation.


Since last year, regulators have implemented a more stringent regulatory policy on the real estate industry. Subsequently, the SFC announced the market in August 2010, postponed the application for reorganization of real estate development enterprises.

Since then, the housing market has gradually cooled down, and the management of Housing enterprises is facing a test.

During this period, A tried to seek new development by buying 70% stake in Guizhou coal mine. However, as its largest shareholder, Dongguan city treasure obviously doubted and chose to reduce shares to reduce risks.

However, timely control of shareholders will support the company's share price to a certain extent.


On the whole, Wind statistics show that since the beginning of May, a total of 63 companies have gained shareholder holdings. Among them, the largest number of shares and the largest market capitalization is [10.83 1.12% shares of China Petroleum Corporation (601857), which has gained 31 million 84 thousand and 700 shares of the controlling shareholder of CNPC, accounting for 0.02% of the shares.

After the controlling shareholder's holdings, China's oil rose 4 days, a cumulative gain of 1.57%.


 
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