Source: China Economic Network
China Economic Network Beijing, January 20, 2019 Today, yanjin shop (002847.SZ) stock price shock lower, as of the close, the stock price was reported at 72.29 yuan, down 2.18%, the turnover of 67.5001 million yuan, the turnover rate of 0.82%, the total market value of 9.416 billion yuan.
Yanjin Puzi today issued an announcement on the expiration and termination of the company's actual controller, some directors and senior management personnel. According to the announcement, Zhang Xuewu, the actual controller, chairman and general manager of the company, Zhang Xuewen, the actual controller of the company, Lan Bo and Yang Linguang, directors and deputy general managers, Huang Minsheng and Zhang Lei, deputy general managers of the company's senior management, Zhu Zhengwang, secretary of the board of directors and financial director, intend to increase their shares in the secondary market with their own or self-raised funds in the next 6 months from July 20, 2021, and the amount of the increase is not less than RMB 50 million.
After the announcement of the shareholding increase plan, Zhang Xuewu, the actual controller of Yanjin Shop, and Yang Linguang, director and deputy general manager of the company, increased their holdings in the company by a total of 160,800 shares, accounting for 0.1242% of the company's total share capital, and the amount of the increase was 12.5487 million yuan, with an increase of about 25%. Other persons who intend to increase their holdings have not increased their holdings in the company's shares.

As for the reasons for the termination of the implementation of the shareholding increase plan, Yanjin Puzi said that zhang Xuewu, the actual controller of the company, held indirectly through the controlling shareholder Hunan Yanjin Holdings Co., Ltd. before the increase of shareholding (48.3815 million shares, voluntarily extended the lock-up period until February 11, 2022) and the company's shares directly held by him (13.4247 million shares) totaling 61.8062 million shares (accounting for 47.78% of the company's total share capital), and has since reduced its holdings, focusing on the leisure food industry and focusing on the main business Several other directors and executives are the incentive recipients of the company's 2021 Restricted Stock Incentive Plan, and the price of the incentive shares granted is 53.37 yuan per share, and their sources of funds are solved through self-financing, and there is little bank credit line left.
Yanjin Puzi said that since the disclosure of the shareholding plan, due to the company's 2021 semi-annual report, 2021 third quarter report and other information disclosure window period, the company's proposed increase in the effective increase in holdings of personnel shortened. During the implementation of the shareholding plan, the company's proposed personnel have been actively raising funds, but due to changes in the financial market environment, limited financing channels and other objective factors, resulting in practical difficulties in the implementation of the shareholding plan, after careful study, the company's proposed personnel decided to terminate the implementation of the unimplemented part of the shareholding plan at maturity.
In the first three quarters of 2021, the net profit of Yanjin Shop fell sharply year-on-year, achieving operating income of 1.628 billion yuan during the reporting period, an increase of 13.48% year-on-year; net profit attributable to shareholders of listed companies was 77.2898 million yuan, down 59.00% year-on-year; net cash flow from operating activities was 365 million yuan, an increase of 55.49% year-on-year.