Beware of 19.4 billion Baotou Steel shares with 19.4 billion market cap

Beware of 19.4 billion Baotou Steel shares with 19.4 billion market cap

On May 28, there were 27 companies with a total of 140.

9.1 billion restricted shares were in circulation, accounting for nearly 90% of the number of bans lifted this week.

  Zhang Yi lifted the ban this week and returned to the scale of 100 billion yuan.

  According to Wind data, from May 28 to June 1, a total of 53 companies with restricted stocks were lifted one after another, a total of 158 lifted.

4.8 billion shares, calculated at the closing price on May 25, totaled 1177 for lifting the ban.

1 billion yuan.

  The concentration day for lifting the ban was May 28, with a total of 140 companies from 27 companies.

9.1 billion restricted shares were in circulation, accounting for nearly 90% of the number of bans lifted this week.

  There are 19 listed companies with more than 100 million shares lifted this week, and the top three are Baosteel (600010).

SH), Juneyao Airlines (603885.

SH), Yingjia Tribute Wine (603198.


  This week, 23 companies with a market value of more than US $ 1 billion were lifted, and 4 companies with a market value of tens of billions of dollars were lifted. In addition to the above 3 companies, Weiming Environmental Protection (603568).

  There are 13 companies that have more than double the number of shares in circulation before lifting the ban. Weiming Environmental Protection, Yingjia Gongjiu, Juneyao Airlines and Lingkang Pharmaceutical (603669).

(SH) The proportion of bans lifted before the ban was more than doubled.

These companies issued their first restricted shares for lifting the ban.

Due to the large increase in circulating shares, the lifting of the ban on the sale of shares of such companies has had a relatively continuous impact on themselves.

  From the perspective of the types of shares being lifted, there are 28 initial bans on restricted shares, 15 additional rations from private placement institutions, 8 equity bans 杭州夜网论坛 on restricted shares and 2 additional commitments on restricted shares.

  After this week, welcome to Tribute Wine, Juneyao Airlines, Lingkang Pharmaceutical, Weidi (603023.

SH), Gimhae Environment (603311.

SH), Shi Dashenghua (603026.

SH), Huatong Pharmaceutical (002758).

SZ), Suzhou High-tech (600736).

SH) Achieve full circulation.

  Baosteel is the company with the largest number of lifts this week.

According to the announcement, the company will have 96 on May 28.

3.8 billion shares were issued for restricted issuance of restricted shares, accounting for 21 of the company’s total share capital.

14%, based on the latest budget, the market value of lifting the ban is 193.

7.3 billion.

  Baosteel estimates that the lifting of the ban involved 15 shareholders, including Shanghai Lijiaying Trading Co., Ltd., Shanghai Liuhe Clove Investment Center, Guohua Life Insurance, etc., and issued shares for a fixed increase three years ago.

The issue price was set to be 1.

8 yuan / share, during which the company implemented a distribution plan of 4 shares for every 10 shares, and increased the shareholding cost of shareholders instead of 1.

29 yuan / share.

Latest up to 2.

01 yuan, a 56% increase over the cost price.

  Baotou Iron & Steel Co., Ltd.’s lifting of the number of banned shares is far more than that, the company’s controlling shareholder Baotou Iron and Steel (Group) Co., Ltd. (hereinafter referred to as “Baotang Group”) voluntarily extended its holding of 135.

3.9 billion restricted shares for one year to May 28, 2019, because of confidence in the company’s future development.At the same time, Baosteel Group’s 2013 fixed share issuance3.

6.8 billion shares expired on January 30, 2016, and extended the lock-up period until May 28, 2019.

  In order to demonstrate the confidence of the company’s management, on the second day of the announcement of the lifting of the sale restriction ban, a total of 19 people from Baosteel’s Board of Directors and Supervisors collectively issued an increase in shareholding plans.Shares.
Although the amount of increase in holdings is very limited, the collective increase in holdings and the extension of sales restrictions may bring a little vitality to the current downturn in the wave of large-scale sales restrictions and lifting of the ban.

  The trend of Baosteel’s secondary market is inconsistent with its performance in the past year.

In 2017, the steel sector ushered in a high boom cycle.

Baosteel’s net profit in 2017 exceeded 2 billion yuan, and reached 6 in the first quarter of 2018.

37 trillion, three consecutive quarters of single-quarter profit on 6 trillion, which has never been before.

  However, it has been previously boosted by performance, and Baosteel Co., Ltd. previously dropped to around 2 yuan and consolidated for nearly a month.

If the term is to be lifted on a large scale without good news, Baosteel is expected to break through the support line of 2 yuan and become “1 yuan share”.

Whether extended sales restrictions and increased holdings can prevent this trend requires market inspection.

Baosteel Co., Ltd. lifted the ban on selling shares this week. Juneyao Airlines lifted the ban on selling restricted shares this week.

The company has 12 on May 28.

600 million IPO restricted shares were listed and traded, accounting for 70% of the company’s total share capital, which is more than double the number of shares outstanding before the lifting of the ban, with a market value of over 20 billion.

  Shareholders of the lifting of the ban are Shanghai Juneyao (Group) Co., Ltd., Wang Junhao, and Shanghai Juneyao Aviation Investment Co., Ltd. The types of shares are IPO restricted shares.

Explanation of June June restricted shares of Juneyao Airlines