Chen Long, former chief strategist of Zhongtai Securities, was arrested on suspicion of manipulating Xiaokang shares. Xiaokang shares clarified: not aware of and not involved

On January 18, 2022, Chongqing Xiaokang Industrial Group Co., Ltd. (hereinafter referred to as "Xiaokang Shares", 601127.SH) issued a clarification announcement, saying that the company paid attention to rumors on january 17 that there were rumors on the Internet that a person from a securities research institute and a quantitative person from a public fund or suspected of manipulating securities and insider trading huawei cooperative enterprises. The Company has verified the relevant content and in order to avoid misleading investors, it is clarified as follows:

Xiaokang shares are not aware of the above matters and have not participated in the relevant violations of laws and regulations.

The network rumors mentioned in the above announcement refer to the news circulating in the A-share market recently - Chen Long, the former chief strategist of Zhongtai Securities, was arrested for suspected of manipulating securities and insider trading, and the target securities manipulated by Chen Long's team were Xiaokang shares. Rumors are that Chen Long's team of 20 people speculates on Huawei's car-making stock (that is, Xiaokang shares), and at the same time, Jin Fangyi, general manager of the quantitative investment department of Everbright Prudential, is also involved in the rumors.

Jin Fangyi himself debunked the rumors through the circle of friends and the media: "Everything is normal in my work and life, thank you for your concern."

A person from Zhongtai Securities told the Economic Observer Network that Chen Long has left Zhongtai.

It is reported that both have left their units, and Chen Long left the chief strategist of Zhongtai Securities on November 15, 2021. In addition, Jin Fangyi left Everbright Prudential on November 20, 2021, leaving for a similar period.

There are more details about the rumors of Chen Long's arrest, such as the police who came to the door to inquire before he was arrested, and then Chen Long announced his resignation, and was arrested shortly after leaving.

Since the in-depth cooperation with Huawei - the production of Xilis SF5 new energy vehicles, the stock price of Xiaokang co., Ltd. has risen from about 10 yuan in just one year to the highest 83.83 yuan on June 22, 2021, and continued to maintain a high price of above 80 yuan in September 2021, an increase of more than 800%.

The Xilis SF5 is the hottest Huawei concept car in 2020, officially announcing that the car uses a range extender electric, Huawei motor drive system, endurance of more than 1,000 kilometers, and retail through Huawei's outlets.

However, the SF5 car of Xilix can not be booked in Huawei stores at present, and instead Huawei has launched the AITO Q&I M5, equipped with Huawei's Hongmeng system, and the car manufacturer of the Q&I M5 is still a well-off share.

In the past month, affected by market rumors, the stock price of Xiaokang shares has continued to fall, from a maximum of nearly 80 yuan to a minimum of 43.64 yuan on January 17, and the stock price has almost cut from the waist. The market value also fell from above 100 billion yuan to about 64 billion yuan.

On the morning of January 18, a reporter from the Economic Observer Network asked the relevant person of Xiaokang shares whether the company was aware of the case of Chen Long, the former chief strategist of Zhongtai, and the other party said that the company had issued a clarification announcement, and the company was not aware of the relevant matters and did not participate in the relevant violations of laws and regulations.

Xiaokang shares continued to say in the announcement that the company has always adhered to the principle that legal compliance operation is the basis for sustained, stable and healthy development, pays attention to abiding by various laws and regulations, and pays attention to protecting the rights and interests of all investors. The cooperation between Xiaokang and Huawei is normal, and the company will, as always, do a good job in production and operation and industrial layout, continue to focus on the main business, and continuously enhance the company's core competitiveness and operating performance.

According to the production and marketing express report of Xiaokang in December 2021, in the whole year of 2021, Xiaokang co., Ltd. produced a total of 41,701 new energy vehicles, an increase of 115.43% year-on-year; a total of 41,440 new energy vehicles were sold, an increase of 104.39% year-on-year.

On the Shanghai e-interaction, many investors are concerned about the production of new energy vehicles in Xiaokang, and some investors asked: "Will the AITO brand launched by your company's Celis Automobile and Huawei be independent and financing in the future, and whether Huawei will participate in the shares?" ”

Xiaokang shares replied that the company has no such plan.

Regarding the Q&I M5, some investors suggested: "Whether it is possible to hand over a part of the Q&C M5 car around 1.20 years ago (referring to the Spring Festival), so that when everyone drives home for the New Year, it will also be word of mouth, and the advertising effect will naturally rise." For example, 1/3 of the output is given to the exhibition car, and 2/3 is delivered. ”

Xiaokang replied that the company is actively coordinating the resources of all parties to accelerate delivery.

Regarding the previous Cyrus SF5 car, there are also investors who ask: "The company released the new car Q&A M5 on December 23, 2021, and declared it to be Huawei's first Hongmeng car, please ask how your company will deal with the owners who have purchased the SF5 Huawei Smart Selection, what is the significance of huawei smart selection before, SF5 was released on April 19, 2021, and it has been iterated in less than a year now, should there be some compensation for the owner?" ”

For this question, Xiaokang shares did not respond.

Xiaokang shares opened at 45.75 yuan on the morning of January 18, or due to market rumors, the opening fell by 3.09%, and then rebounded to rise above 48 yuan.