Author丨Trainee reporter Yin Hualu Intern Cai Yijun
Editor丨Ye Yingcheng
On April 24, the big bull stock Zhongheng Design (603017. SH) opened at the price limit, but then pulled up the limit in a straight line, turning from weak to strong to stage the "earth and sky board", realizing 6 consecutive boards, reporting 12.42 yuan per share, with a total market value of 3.427 billion yuan.
Image source: Straight flush screenshot
The reporter of Nancai Express noticed that on the evening of April 23, Zhongheng Design received the "Regulatory Work Letter on Matters Related to the Company's Stock Price Fluctuations" issued by the Shanghai Stock Exchange. In addition, the 2023 annual report recently disclosed by Zhongheng Design shows that the company's revenue and non-net profit have declined year-on-year.
The stock price fluctuated sharply, and the Shanghai Stock Exchange sent a letter to question
On the evening of April 23, the Shanghai Stock Exchange issued a regulatory work letter to Zhongheng Design, clarifying the regulatory requirements for the company's recent stock price fluctuations, involving listed companies, directors, supervisors, senior managers, controlling shareholders and actual controllers.
Before receiving the working letter, Zhongheng Design also issued a stock change announcement on the same day, which showed that the closing price of Zhongheng Design shares on April 22, 2024 and April 23, 2024 for two consecutive trading days The deviation of the closing price has reached 20%, which is an abnormal fluctuation in stock trading.
According to the self-inspection of the company, the business activities and internal production and operation order of the company are normal, the external market environment and industry policies have not been significantly adjusted, the company has not found that the stock trading price has an impact on the media reports, market rumors and hot concepts, and there is no material information that should be disclosed but has not been disclosed.
In addition, the announcement also said that the static P/E ratio of the professional and technical service industry in which Zhongheng Design is located is 28.28 times and the rolling P/E ratio is 30.17 times, and the company's static P/E ratio is 35.84 times and the rolling P/E ratio is 31.60 times, both of which are higher than the industry P/E ratio.
Take the "low-altitude economy" outlet
It is noteworthy that on April 17, Zhongheng Design previously released on its official website "Good News丨Help Wuhan City to seize the "low-altitude economy" strategic emerging industry track, Zhongheng Design won the bid for the Central China Intelligent Aircraft Industrial Base Project (Phase I)", on the day of the announcement of the bid, the stock price began to rise sharply, and the daily limit for 6 consecutive trading days.
Image source: Screenshot of Zhongheng design officer
According to the introduction of Zhongheng Design, the project land of Central China Intelligent Aircraft Industrial Base is divided into two plots A and B through Weihu South Road for construction, and the nature of the land is industrial land, of which the first phase of the planned land area is 75878.55m² (subject to actual measurement), which is located on the north side of plot A, Linxingcheng Avenue and Xingfu Middle Road. The total above-ground construction area of the first phase is 137,877.50m², and there is no basement.
Image source: Screenshot of Baidu map
In the two subsequent stock price change announcements disclosed by Zhongheng Design, the impact of winning the bid for the Huazhong Intelligent Aircraft Industrial Base Project (Phase I) was not mentioned, nor was the relevant business dynamics disclosed.
The reporter inquired about the Wuhan Public Resources Trading Center and found that the "Central China Intelligent Aircraft Industrial Base and Supporting Facilities Project Central China Intelligent Aircraft Industrial Base Project (Phase I) Design and Construction General Contracting (EPC)" project announced the winning bid results on March 1, and the winning bidders were China Construction First Bureau (Group) Co., Ltd. and Zhongheng Design Group Co., Ltd., with a winning bid price of about 479.02 million yuan.
According to the remarks information, the first winning candidate: China Construction First Bureau (Group) Co., Ltd. (name of the non-main unit of the consortium: Zhongheng Design Group Co., Ltd.) Project leader: Fang Wei, the total bid price: 479020126.46 yuan (engineering cost quotation: 463451550.21 yuan, floating rate: 0.01%; Provisional estimate of professional engineering: 10,250,000 yuan, construction drawing design fee quotation: 5,318,576.25 yuan, floating rate: according to the State Planning Commission and the Ministry of Construction (price) (2002) No. 10 document "engineering cost survey and design fee standard" (2002 revised version) down 21%).
Image source: Screenshot of Wuhan Public Resources Trading Center
As for whether the Central China Intelligent Aircraft Industrial Base Project (Phase I) won the bid by Zhongheng Design is the "Central China Intelligent Aircraft Industrial Base and Supporting Facilities Project Central China Intelligent Aircraft Industrial Base Project (Phase I) Design and Construction General Contracting (EPC)" project, the reporter also sent an email to Zhongheng Design for verification, but as of press time, no reply has been received. In addition, the reporter repeatedly called the hotline of Zhongheng Design Investors, but was not answered.
Revenue declined for the fifth year in a row
Zhongheng Design is affiliated to the engineering and technical service industry, mainly engaged in industrial services and urban and rural construction quality improvement related engineering design and consulting (including green and low-carbon intelligent building design), engineering general contracting, project management and engineering supervision business.
According to the 2023 annual report of Zhongheng Design, the total operating income in 2023 will be 1.730 billion yuan, a year-on-year decrease of 1.73%, but the non-net profit will decrease by 15.93% year-on-year to 71.073 million yuan.
It is worth noting that from 2019 to 2023, the operating income of Zhongheng Design has declined for five consecutive years, and in 2021, the net profit loss of Zhongheng Design has reached 415 million yuan.
SFC
Editor: Li Yutong, intern: Dong Danlin