The first batch of enterprise Board company who is the most cattle reduction king

-Our correspondent Dujaven November 1, the first batch of gem companies in addition to the Bao Tak shares pledged all shares locked period of 36 months, the other 27 listed companies will have a different number of original stocks lifted.　　Wind data show that the original stock lifted the number of close to 1.199 billion shares, the market value of more than 30 billion yuan. Under the pressure of the lifting, the recent period of business board performance downturn, to 19th, and the rise of the trend of the rise, which makes investors very tangled in the heart. How much impact will the lifting tide bring to the gem market? In particular, the first batch of companies, which companies have the largest stock selling pressure, who will become the most cattle "reduction king"?　　In this respect, the market personage from different angle carries on the guessing analysis. Speculation that a stock valuation spawned a high minus holds the view that the lifting of the board's pressure comes from the current high valuations.　　SSE data show that as of October 19, the growth rate of the gem company average of 66.59 times times, still far higher than the SME board and motherboard. In the first batch of the lifting of the new venture board company China Brotherhood's dynamic P/E ratio is the highest, to 189.4 times times. Wind data also shows that if the price increases, the Pathfinder relative to the IPO price rose the highest, to 267.15%, followed by the Jiffeng farm machinery, up to 231.5%.　　From the lifting of the number of shares, Huayi Brothers ranked second, for 136.392 million shares; Jiffeng the number of the lifting of agricultural machinery 64,434,588 shares, ranked fourth, the Pathfinder to 24.345 million shares ranked 16th. China Securities News reporter inspected three companies listed announcements that all of the three companies have executive shareholdings, and executives are committed to the annual transfer rate of not more than 25%.　　At present, Huayi Brothers has a shareholding executive changed jobs, Pathfinder also have senior executives to leave, but the time of separation from the lifting date is less than half a year, Jiffeng farm machinery as of now has not been senior executives left. However, some analysts pointed out that, from historical data, high valuations may not be equal to high reduction. In the 6 years since the establishment of the SME Board, the highest P/E ratio was July 2007 to February 2008, with a monthly average of 75 times times earnings, but this period was not the highest, the monthly reduction of 83.1 million shares, and August 2006 to September 2010,　　The average monthly reduction of the SME board is 143 million shares. Guess bis the lifting quantity suppresses high stock prices some people think that the lifting of the number of companies in the stock supply and demand changes, may be a blow to the share price. Wind data show that Le PU medical the lifting of the number of shares first, for 336.53 million shares, the proportion of total equity is 41.44%, but also the company's existing circulation of a shares of 4 times times the number. The number two Huayi brothers, the second largest in the lifting, was 136.392 million shares, accounting for 40.59% of total equity.　　In addition, the lifting of the number of shares in the 100 million to 50 million shares between the company has 5, the number of 50 million to 10 million shares between 16, the lifting of the number of shares under 10 million shares only 4. No, though the number of shares in the lifting of the ban on pop medical care is the largest, but the lifting of shares is relatively concentrated. Its listing of the announcement, the lifting of the total number of shareholders, 2 corporate shareholders, respectively, Brook Investment Ltd. and WP medical TECHNOLOGIES,INC;2 natural person shareholders are Buzhongjie and the Soviet honor respectively. The current general manager of Buzhongjie and corporate shareholders WP company as a concerted action, they held a total of the lifting of the total share of shares in the company 22.52%, according to the pre-IPO commitment, Buzhongjie during his tenure and WP company after the lifting of the annual transfer of shares does not exceed the holding of 25% of the shares.　　Other analysts believe that, in accordance with the closing price of October 19, WP company and Buzhongjie Holdings and another corporate shareholder released shares of the market value of more than 1 billion yuan, even if the reduction of their choice of over-the-counter trading is more likely, but not directly in the two-tier market. The three-SSE of the triple-top executives ' exit hooks The figures show that executive shareholdings are common among gem companies. As of October 15, the first listed 28 companies have a total of 444 executives, of whom 171 owned a total of 1.055 billion shares.　　25% of the 298 million shares held by 86 people, 74.49 million shares, expire on October 30, 2010 and can be lifted. Recently, the turnover of the senior management of the gem has become a hot topic. In the first batch of listed companies to release the Gem, there are also some senior management turnover phenomenon, but not the executive turnover must have a clear intention to reduce. As wind data show, Huayi Brothers Financial director Zhang Yanping April 1 This year, the current total of 160,000 shares (including the transfer of shares).　　However, Zhang Yanping's departure was only transferred to the company's internal audit agency as head of the company, rather than leaving the firm. Among the first companies to lift the ban, Jinya technology, robotics, and bio-biology, etc. have a number of directors to leave, but from the date of departure, most of the shares can not be sold on November 1. In addition, there are many reasons why Mr Tung will leave the office.　　If the robot leaves a part of the director of the company's shares, but they left because of April 2, 2010, the Board of directors and the Board of Supervisors to a transition, although after leaving the shares after the lifting of the release of the faster sell, but whether the exit is to set the case is still difficult to conclude. Speculation on the ups and downs of the four-venture shareholders before some analysts believe that for the gem, the creation of investment institutions concentrated holdings increased the lifting of the sale power.　　Up to now, in the gem listed companies have venture capital accounted for about 70%, the average return on investment more than 10 times times, which makes VC companies to set up the momentum is sufficient. Through the review of the listing bulletin, the release of the first batch of gem companies, a number of companies are concentrated in the hands of venture capital. such as Internet technology, although the number of the lifting of the release of the eighth, a total of 39.935 million shares, however, the majority of the shares can be reduced in the hands of 6 VC companies. Dayu FestivalWater the lifting of the total number of shares of 26.462 million shares, ranked 15th, the lifting of shares by 6 corporate shareholders and 13 natural shareholders, but also mainly concentrated in the hands of institutions. By contrast, some gem companies are extremely fragmented holdings, such as the lifting of the ban on the shares of 109 natural shareholders and Jiangsu Venture Capital Co., Ltd. a corporate shareholder. Jiffeng Agricultural Machinery also has a similar situation, the lifting of shares by 83 natural shareholders and a corporate shareholder holding, natural shareholders holding shares of more than 30% of the company's total equity. However, some analysts believe that after the lifting of the ban is to choose the company's performance, investment costs, the overall trend of capital markets, and other factors related to the VC shareholders must be more than the natural shareholders selling desire more strongly difficult to conclude.