Main points of investment
Event: as of December 29, the chairman, directors and senior managers of the company had accumulated 505000 shares of the company, accounting for 0.1606% of the total shares of the company.
Comments:
The increased shareholding demonstrates the strong confidence of the core staff of the company in the future development. The company's core staff, chairman and general manager, Mr. Tang Changming, increased his holdings of 205000 shares; in terms of major shareholders, listed company director Penglingjiang increased his holdings by 200000 shares, and director and deputy general manager an Hua increased his holdings by 100000 shares, totaling 505,000 shares, with a cumulative increase of 22.3 million yuan, with an average price of 44.16 yuan. The company also promised not to reduce its holdings within 6 months after the increase. This increase reflects the strong confidence of the company's core managers in the future development of listed companies. Caixin Development has expanded new businesses such as contract energy and environmental protection, financial services and entrepreneurial incubation this year, and is expected to create a large-scale comprehensive platform in the future.
After the stock price rose sharply, it still kept its promise to increase its holdings, reflecting Xinyi's career and sharing corporate culture. Caixin Group always adheres to the business philosophy of "Xinyi career, wealth sharing; conforming to the trend and daring to be the first", and adheres to the values of sharing and common growth. The core staff of the company choose to increase their holdings after the disclosure of high delivery and a sharp rise in stock prices, rather than before, which reflects the corporate culture of Xinyi, a major shareholder and a listed company, and highly reflects the highly responsible attitude of Oriental and management towards the majority of investors. Caixin Group has strong strength and rich resources, and its business spans many industries, such as real estate, environmental protection, finance, municipal and so on. Caixin's strategic position as the only listed company platform under the control of major shareholders will be continuously strengthened in the future. at the same time, it will also fully benefit from the extensive resource layout and strong comprehensive strength of Caixin Group.
Investment suggestion: the increase of the company's shares demonstrates the strong confidence of the chairman and management in the development of the company, and the company has always adhered to the business philosophy of Xinyi; the major shareholders of Caixin development have obvious local competitive advantages. rich resources and strong soft power will lead the company's sustainable development. We are optimistic about the rapid development of major shareholders and their continued strong support to listed companies. It is estimated that the company's EPS in 2015, 2016 and 2017 will be 0.37,0.47 and 0.55 yuan respectively, and the corresponding PE will be 123.0, 96.8 and 82.7 times respectively, maintaining a "buy" rating.
Risk hint: future sales fall short of expectations.