① The stock price skyrocketed, and Jindun Co., Ltd. executives announced a reduction in their holdings; ② the scale of the holdings reduction did not exceed 2% of the company's total share capital; ③ based on the latest closing price, it is expected that more than 130 million yuan will be cashed out; ④ Most of the company's major natural person shareholders have high pledge issues.
Financial Services Association, March 28 (Reporter Luo Yichen) Jindun Shares (300411.SZ), which soared with the flying car concept (eVTOL), began sounding the siren for high cash outs.
This evening, Jindun Co., Ltd. announced that Director and Deputy General Manager Chen Genrong plans to reduce his holdings of almost all tradable shares under his name, accounting for 2% of the company's total share capital. According to today's closing price of 16.34 yuan/share, Chen Genrong is expected to cash out more than 130 million yuan in this move.
Along with the shareholding reduction announcement, there was also a risk warning notice. Jindun Co., Ltd. emphasized that the flying car electric duct fan products that the company cooperated with Tsinghua University are currently still in the development stage and have not yet been applied. The company specifically reminds investors to pay attention to investment risks.
Jindun Co., Ltd. has issued two similar reminders this month. Along with the explosion of the flying car concept, the company continued to issue risk alerts as stock prices rose and fell one after another, but apparently failed to quench market enthusiasm. Since 5.20 yuan/share at the end of February, the company's stock price has increased by more than 200%.
It is in this context that tradable shares worth only 40 million yuan under Chen Genrong's name a month ago are now worth over 130 million yuan. According to reports, as the company's third-largest shareholder, Chen Genrong holds 827,2741 tradable shares. This time, he plans to reduce his holdings by no more than 8130,400 shares, and is almost completely ready to be thrown away.
Behind the liquidation-style holdings reduction, the Financial Federation reporter noticed that the main natural person shareholders of Jindun Co., Ltd. generally have high pledge issues. As the largest shareholder, Chairman Wang Miaogen holds 12.51% of the company's shares. As of the end of the third quarter of last year, more than 88% of the shares under his name were pledged. Chen Genrong, whose holdings were reduced this time, also faced a similar situation. At the time, his stock pledge rate was as high as 86%. Furthermore, among the company's main natural person shareholders, many shareholders have high pledge issues, and some of their shares have been frozen for a long time.
Before getting on with the flying car concept, Jindun Co., Ltd. was a small company with an annual net profit of tens of millions of yuan. It mainly manufactured ventilation system equipment, mainly used in rail transit and military nuclear power. As for its collaboration with Tsinghua University to develop flying car parts, it was first seen in its exchange records on an investor interactive platform.