High-hung shares bizarre double behind the scenes: a bad cheque and a shareholder getaway

Financial Weekly reporter Shang Wu Ei Cosmetics/Wen February 11 night, High-hung shares (000851.SZ) issued a notice, received the second largest circulation of shareholders in Guizhou power grid company notice, through the centralized bidding transactions reduce the company 5.0923 million shares. February 12, High-hung shares fell 6% to close at 16.08 Yuan. Notably, the company, which has a net profit of only more than 20 million yuan a year, has risen by as much as 106% in the past 5 months. Financial weekly reporter through the survey found that High-hung shares rose and the company released a few "good news" time coincides with. The catch is that, after the stock price rises, "good news" often becomes a blank cheque, difficult to cash. Cooperation with the micro-letter to pay into the oolong as early as October 11, 2013, High-hung shares fell 2.48% on the day. After the afternoon close, High-hung shares in its official website released an article called "into the micro-letter, High-hung shares to the mobile internet a solid step forward." The article said, High-hung shares subsidiary of High Yang Jiexun, as China's mobile phone recharge card payment platform core suppliers, with strong technical strength and business applications, to become a micro-credit phone recharge The first batch of suppliers, which also marks the High-hung shares in the in-depth expansion of the mobile internet industry has taken a solid step on the road. The article is interpreted as a positive by the market. October 14, 2013 (Monday), High-hung shares rose 8.26% on the day, closed at 13.62 yuan (ex-reinstatement). Subsequently, November 27, High-hung shares also issued a notice, the subsidiary of High Yang Jiexun and Alipay [micro-bo] for the Recharge Center payment services signed the "Cooperation Agreement", the service has been officially online operation on November 26. On November 28, High-hung shares rose 9.97%. High-hung shares rose 76% in just two months from December 2013 to February 2014 after releasing signals of cooperation with Alipay and micro-trust, the two largest internet financial giants. However, on February 7, 2014, on the Exchange platform for investors in Shenzhen Stock Exchange, High-hung shares responded to investors ' questions and said: Gao Yangjie currently does not provide a payment platform for micro-letter services. Gao Yangjie is a subsidiary of High-hung, which holds a 36.351% per cent stake in the former. September 24, 2013, High-hung shares issued a notice said to continue to buy Gaoyang Czech Republic remaining 63.649% stake. However, as of February 12, the reorganization of the review and filing work has not yet been completed. February 10, 2014, when there are investors on the interactive platform again asked Gao Yang Jie message and micro-letter cooperation, High-hung shares reply changed suddenly: "The company for micro-letter to provide phone recharge business, does not involve micro-payment business." "February 12, the financial weekly reporter called the Company authority to inquire about the specific situation, said:" Interactive platform said many times, did not give micro-letter to provide a payment platform. As for the cooperation with Alipay continues to advance. "Lottery site online can not expect similar good news a lot." At the end of 2013, High-hung's shares claimed to be setting up a lottery website, which was expectedBefore and after the Spring Festival. However, the Spring Festival has passed, the lottery website is still silent. February 10, High-hung in the interactive easy to say: "The company's independent domain name of the lottery website is ICP Record, the record completion time is still uncertain, according to the current progress, the site is internal testing, is expected to be online in March." However, High-hung shares of the relevant responsible person in the interview with the Financial weekly reporter, but repeatedly evasive. "The lottery site is unpredictable, I can't tell you the exact time right now." "When the reporter said the interaction is easy to say is March on-line, it said:" Then you see how the interactive platform is how to disclose Bai. ”