A-shares set off a buyback boom, with a maximum of no more than 2 billion, and more than 400 executives and shareholders will increase their holdings during the year

Recently, A-shares have set off a wave of buybacks, and as an equally important measure in the market, shareholders and executives have increased their holdings one after another. According to the statistics of Flush iFinD, from January 1 to February 7, 2024, more than 400 executives and shareholders of A-shares have thrown out their shareholding plans, among which there are many controlling shareholders and actual controllers of listed companies. From the perspective of the upper limit of the proposed increase in holdings, the controlling shareholders of Rongsheng Petrochemical and Tongwei Co., Ltd. plan to increase their holdings the highest, and the upper limit does not exceed 2 billion yuan.

Shareholders and executives increased their holdings and expanded their positions

On the evening of February 7, Liande shares, Langsha shares and other shares disclosed the announcement of shareholders and senior executives to increase their holdings, and the A-share increase camp expanded.

Among them, Liande shares said that the company's actual controller Sun Yuan increased his holdings of 425,000 shares of the company on February 7, accounting for 0.18% of the company's total share capital, and the actual controllers Sun Yuan and Zhu Qinghua intend to increase their holdings of the company's shares within 6 months from February 7 with their own or self-raised funds, with a total amount of not less than 30 million yuan and no more than 50 million yuan (including the part that has been increased).

Langsha shares announced that the controlling shareholder Langsha Holding Group Co., Ltd. plans to increase its holdings of the company's shares by no more than 4.5 million shares within 6 months from February 19.

According to the statistics of Flush iFinD, as of February 7, a reporter from Beijing Business Daily issued a press release that 406 shareholders and executives in the A-share market have thrown out their shareholding plans this year, involving individual stocks including Forest Packaging, Weitai, Jiaao Environmental Protection, Xiangpiaopiao, Guang'an Aizhong, Golden Eagle Shares, Sunshine Shares, Yibin Paper, Damingcheng, etc.

Among them, a total of 95 shareholders and executives threw out their shareholding plans in January this year, and the remaining more than 300 shareholders and executives all threw out their shareholding plans from February 1 to 7 this year.

From the perspective of the progress of the increase in holdings, the shareholding increase plan of 5 shareholders and executives of Forest Packaging, Fuxiang Pharmaceutical, Hikvision, Xiantan Co., Ltd., and Pulian Software has been completed. Taking Xiantan shares as an example, on January 9 this year, the company disclosed that Shandong Xiandong Holdings Co., Ltd. (hereinafter referred to as "Xiandong Holdings"), the company's controlling shareholder and chairman Wang Shouchun, planned to increase its holdings of the company's shares in a timely manner through centralized bidding transactions and block transactions, with a cumulative increase of not less than 12 million yuan and no more than 17 million yuan.

After less than a month, on February 6, Xiantan shares disclosed that from January 5 to February 5, Xiandong Holdings increased its holdings of 2.72 million shares of the company through the Shenzhen Stock Exchange system in a centralized bidding transaction, accounting for 0.32% of the company's total share capital, and the increase in holdings amounted to 16.9965 million yuan, and the increase plan was completed.

As for the reasons for the proposed increase in the company's shares, most individual stocks said that shareholders and executives are based on firm confidence in the company's development prospects and recognition of the company's long-term investment value.

The maximum proposed increase in holdings does not exceed 2 billion yuan

Judging from the amount of proposed holdings, the maximum upper limit is 2 billion yuan.

According to the statistics of Flush iFinD, the controlling shareholders of Rongsheng Petrochemical and Tongwei Co., Ltd. have the highest upper limit of 2 billion yuan. Among them, Rongsheng Petrochemical disclosed on January 19 that the company's controlling shareholder, Zhejiang Rongsheng Holding Group Co., Ltd. (hereinafter referred to as "Rongsheng Holdings"), intends to increase its holdings of the company's shares, with an increase of not less than 1 billion yuan and no more than 2 billion yuan.

As of the disclosure date of the announcement, Rongsheng Holdings held 5.21 billion shares of Rongsheng Petrochemical, accounting for 51.46% of the company's total share capital.

Tongwei shares disclosed on February 1 that the company's controlling shareholder Tongwei Group Co., Ltd. intends to increase its holdings of the company's shares, and plans to increase its holdings of the company's shares by no less than 1 billion yuan and no more than 2 billion yuan through the methods allowed by the Shanghai Stock Exchange trading system within 12 months from the date of the announcement of the shareholding increase plan.

The upper limit of the proposed increase in holdings is 500 million to 1 billion yuan, involving Tongfang shares and Hikvision, of which the upper limit of the proposed increase in holdings by the controlling shareholders of Tongfang shares is 500 million yuan, and the upper limit of the proposed increase in holdings by the controlling shareholders of Hikvision is 600 million yuan.

There are 12 shareholders and executives who plan to increase their holdings between 100 million and 500 million yuan, including Shanying International, Tuopu Group, iKedi, Baofeng Energy, Sanwei Shares, etc.

In contrast, some executives such as Jiaao Environmental Protection, Taihe Technology, AVIC Heavy Machinery, and Dongyue Silicon Materials plan to increase their holdings with a lower amount, and some individuals plan to increase their holdings by 200,000 yuan.

For example, Yang Gang, director of Jiaao Environmental Protection, plans to increase his holdings of 100,000-200,000 yuan in the company.

Multiple shareholders and executives "formed a group" to increase their holdings

Among the above more than 400 shares, there are also some stocks that have been "grouped" by shareholders and executives.

According to the statistics of Flush iFinD, many shareholders and executives such as Aipeng Medical, Zhongjing Electronics, AVIC Heavy Machinery, Zhongdaan, and Yifan Pharmaceutical plan to "form a group" to increase their holdings.

For example, Yifan Pharmaceutical disclosed on February 2 that some directors, executives and core personnel intend to increase their holdings of the company's shares, saying that based on the company's confidence in the company's sustainable and stable development in the future and the recognition of long-term investment value, some of the company's directors, executives and core personnel with a total of 220 people plan to use their own funds or self-raised funds through the Shenzhen Stock Exchange trading system within 6 months from the date of disclosure of the announcement (inclusive) to conduct centralized bidding. For block transactions or other transactions permitted by laws and regulations, the total amount of the increase in holdings will not be less than 30 million yuan (inclusive) and not more than 50 million yuan (inclusive).

Zhongdaan disclosed on February 6 that some of the company's directors and senior executives Chen Tianbao, Wang Sheng, Ganlu, Zhuang Liezhong, Zhang Long, Shao Youhe, Zhang Xin, Shao Zongze, Li Qingbin, Yang Ping, and core management personnel Luo Yuanfei and Wang Kaiwu intend to increase their holdings of the company's shares within 6 months from the date of the announcement of the shareholding plan, and the total amount of the proposed increase will not exceed 7.2 million yuan (inclusive) and not less than 3.6 million yuan (inclusive). In response to questions related to the increase in holdings, a reporter from Beijing Business Daily called Zhongdaan for an interview, but no one answered.

Pan Xiangdong, chief economist of Qi Rhenium Research Institute, said that the increase in holdings of important shareholders is a weapon for listed companies to maintain stock prices, whether it is an increase or a repurchase, the most direct impact is to give the market a "reassurance". However, due to the different circumstances of each company and the different market sentiment, the stock price performance of each company in the short term is also different. Pan Xiangdong believes that in the medium and long term, as long as the company's performance grows steadily, the return of valuation is a high probability event.

Xu Xiaoheng, an investment and financing expert, also pointed out that the repurchase of shares and the increase of shareholders' holdings can send a signal to the market, which is optimistic about the company's long-term development. "However, for investors, it is still necessary to consider many factors, on the basis of fully considering closer fundamentals, such as the company's performance, etc., and then adjust it in combination with technical aspects to make correct investment judgments. Xu Xiaoheng said.

Beijing Business Daily reporter Ma Changchang