On February 7, Taihe Technology issued an announcement that the company received a letter of concern from the management department of the ChiNext board of the Shenzhen Stock Exchange, asking whether it has the technology, personnel, equipment and supporting facilities for the production of peracetic acid, and whether there is any situation of actively catering to market hotspots and speculating on the company's stock price.
Source: Screenshot of Taihe Technology announcement
According to the announcement, Taihe Technology said on the interactive platform on February 2, 2020 that the company's products benzalkonium chloride, sodium hypochlorite and peracetic acid to be produced can be used for environmental disinfection during the prevention of the new coronavirus epidemic. On February 3, your company disclosed the "Announcement on Increasing the Business Scope and Amending the Articles of Association of the < Articles of Association >", and intends to add peracetic acid and so on to the business scope. From February 4 to February 6, the closing price of the company's stock reached the limit of continuous increase.
The Shenzhen Stock Exchange requires Taihe Technology to explain the current market position, market share, name of the main downstream customer, whether it is exclusive supply of benzalkonium chloride, sodium hypochlorite and other related products; the capacity and output of related products, the capacity utilization rate, the sales situation of the past two years and another period and the proportion of the company's operating income.
In view of whether the technology, personnel, equipment and supporting facilities for the production of peracetic acid are currently available, the Shenzhen Stock Exchange requires the explanation of the impact of The financial situation and operating results of Taihe Technology in the expected future period, and the risk warning.
In view of whether there is a situation in which the interactive platform replies to replace the temporary announcement, the Shenzhen Stock Exchange requires clarification of whether there is any undisclosed information that should be disclosed, whether there are major events in the planning or other matters that may lead to abnormal fluctuations in stock trading.
The Shenzhen Stock Exchange asked it to explain whether the company's directors, supervisors, senior management, shareholders holding more than 5% of the shares and related parties had insider trading and market manipulation, and whether the above-mentioned interactive easy reply related information actively catered to market hotspots and speculated on the company's stock price.
Taihe Technology stock trading price on February 4, February 5, February 6, 2020 in three consecutive trading days of the closing price increase deviation of more than 20%, 7, Taihe Technology also issued an announcement for the recent stock price changes, after the company's self-examination, the company's current disinfectant products are normal operation, the main products include dodecyl dimethylbenzyl ammonium chloride (alias: benzalkonium chloride, 1227, Jieer, algalamine DBAC) and sodium hypochlorite (84 disinfectant) can be used for environmental disinfection work Other product production workshops have not yet started in accordance with the requirements of the notice. There have been no major changes in the company's operating conditions and internal and external operating environment in the near future, no major matters affecting the abnormal fluctuations in the trading price of the company's stock, and no material information that should be disclosed but has not been disclosed.
Taihe Technology pointed out that there is no need to correct or supplement the information disclosed in the previous period. The Company has not found that the Company has recently reported undisclosed material information that may or has had a greater impact on the trading price of the Company's shares; the Company, the controlling shareholder and the actual controller do not have any material matters about the Company that should be disclosed but have not been disclosed, or are in the planning stage; the controlling shareholders and actual controllers of the Company have not bought or sold the Company's shares during the abnormal fluctuations in the Company's stock trading; and the Company has no other circumstances that violate the provisions on fair information disclosure.
According to public information, Taihe Technology was listed on the Growth Enterprise Market of the Shenzhen Stock Exchange on November 28, 2019, with an issue price of 30.42 yuan per share and a total raised of 913 million yuan, and the sponsor institution was Zhongtai Securities. Products include scale inhibitors, corrosion inhibitors, bactericidal algae killers, chelating agents, dispersants, reverse osmosis agents, builders, etc.
Source: Shenzhen Stock Exchange Interactive Easy Screenshot
On February 2, 2020, Taihe Technology replied on the Shenzhen Stock Exchange that benzalkonium chloride and sodium hypochlorite have begun to be sold and used for environmental disinfection in the process of epidemic prevention of the new coronavirus. Other products are undergoing relevant procedures and can only be sold after the relevant production procedures.
On February 3, Taihe Technology issued an announcement to increase its business scope and amend the Articles of Association of the Company, adding the production, sales and technical services of disinfectants (which do not contain chemical dangerous goods above).
Source: Screenshot of Wind
In the secondary market, as of the close of trading on February 7, the stock price of Taihe Technology rose to a limit of 47.83 yuan / share, with a total market value of 5.740 billion yuan. (Zhongxin Jingwei APP)