Finance Association, Feb. 27 (Editor Liu Yue) Following Qian Zhaoguang's announcement yesterday that an independent director was filed on suspicion of insider trading, Bairun Co., Ltd., Cool Intelligence, Haoli Technology, and Shanghai Yilian Announcement Company or related parties have filed cases after the market today. Furthermore, according to incomplete statistics from the Financial Federation, ST Noble and Creative Information Publishing Company or related parties have also been investigated by the Securities Regulatory Commission since the beginning of the Year of the Dragon. According to the data, 138 listed companies or related parties were investigated by the Securities Regulatory Commission in 2023, involving listed companies, executives, controlling shareholders, etc., an increase of 79.22% over 77 in the same period last year. Judging from the reasons, the number of listed companies or related parties that were investigated for suspected illegal disclosure of information was the highest, reaching 103, accounting for over 70%.

Cool Smart, which specializes in the production and sale of personalized clothing, announced in the evening that the company received a notice from Zhang Yan, the actual controller. Zhang Yan received a notice of filing a case issued by the Securities Regulatory Commission on February 26. Due to suspected illegal acts of insider trading, the Securities Regulatory Commission decided to file a case against it in accordance with relevant laws and regulations. As implemented by the company and Zhang Yan, this case was filed against Zhang Yan's personal investigation. The matters being investigated have nothing to do with the company and will not have a significant impact on the company's daily operations.

Notably, on February 21, Cool Smart announced that the company's board of directors recently received a resignation report from company director Zhang Yan. Mr. Zhang Yan proposed to resign as a director of the company due to personal reasons. After resigning, he will no longer hold any position in the company. As of the disclosure date of this announcement, Mr. Zhang Yan held 235.16 million shares of the company, accounting for 9.80% of the company's share capital. Mr. Zhang Yan has a father-son relationship with Mr. Zhang, the controlling shareholder and director of the company, and a sister-brother relationship with Ms. Zhang Yunlan, a shareholder who holds more than 5% of the company's shares, the chairman and general manager of the company.

According to Debon Securities's August 22, 2023 research report, Cool Smart is a pioneer in large-scale personalized clothing customization. Compared with traditional garment manufacturers, data-driven and intelligent manufacturing has significant advantages, and is expected to benefit from AI's reshaping of the garment industry. However, judging from the performance of the secondary market, Cool Smart's stock price has accumulated the biggest decline of 37.83% since the November 2023 high.

Bairun Co., Ltd., a leader in the domestic pre-mixed cocktail industry, which owns the famous brand “RIO (Ruiao)”, announced that the company recently received a notice from the Nanzheng District Supervisory Commission of Hanzhong City that Liu Xiaodong, the company's chairman, legal representative, and general manager, was personally investigated and placed in custody on suspicion of bribery. As of the disclosure date of the announcement, there has been no change in control of the company. All directors, supervisors, and senior management of the company other than Liu Xiaodong have performed their duties normally, and the company's production, operation and management conditions are normal. The above matters will not have a significant impact on the normal production and operation of the company.

According to public information, as of December 12, 2023, Liu Xiaodong held 426 million shares of the company, accounting for 40.54% of the total share capital, ranking first among the top ten shareholders. Judging from the performance of the secondary market, the biggest cumulative decline in the stock price of Bairun shares since its high in April 2023 has reached 59.33%.

According to research reports from Guohai Securities Xue Yuhu and others on January 29, the performance forecast for Bairun shares shows that net profit is expected to be 756-860 million yuan in 2023, an increase of 45%-65% over the previous year. In September 2022, Qiangshuang had a strong presence on social media, leading to outages, channels and terminal outlets quickly replenished inventory, and the number of outlets expanded rapidly, leading to a high Q4 base in 2022. After eliminating the factors of inventory replenishment and channel expansion, Qiangshuang will maintain a healthy growth trend in the long term. Recently, the company's stock price has been low. Xue Yuhu expects that the market is mainly concerned about a strong life cycle, and that starting in Q4 2022, the performance base will rise, and revenue and profit growth will be under great pressure. According to mature market verification, products with an alcohol content of 8 to 9 degrees are the best-selling series in the pre-mixed cocktail market. The rapid growth of the Strong Series is a trend in the development of the pre-prepared cocktail market. In addition, the company is also continuing to polish products with different levels of alcohol, such as 3 degrees, and 5 degrees of freshness, and is building a matrix of pre-mixed wine products to lay the foundation for future continuous growth.

Furthermore, Haoli Technology announced after the market that Tang Qiqing, the company's actual controller and director, received the “Notice of Case Filing” issued by the China Securities Regulatory Commission. The China Securities Regulatory Commission decided to file a case against Tang Qiqing due to suspected illegal disclosure of information. Currently, the company's daily production and operation activities are being carried out normally. According to public information, Haoli Technology specializes in R&D, production and sales of overcurrent and overheating circuit protection components such as fuses and self-resetting fuses. As of December 26, 2023, Tang Qiqing held 10.83 million shares of the company, accounting for 5.47% of the total share capital, making him the second largest shareholder.

On January 26, Shanghai Yilian, a local stock company in Shanghai, announced after trading that the company was suspected of breaking the law and regulations on information disclosure, and the China Securities Regulatory Commission decided to file a case against the company. According to public information, Shanghai Yilian's office address is Pudong New Area, Shanghai. Its main business is packaging printing, publishing and other printing services. Among them, it mainly focuses on packaging and printing business, mainly providing packaging and printing services for FMCG, food and beverage, books and magazines, electrical appliances, etc.