What is the impact of the "safety door"?

There appears to be another black swan in China's capital markets. After a few months of Zhangzidao Island "where the scallops go", Hai Kang Wei View (002415). SZ) is concerned about the serious information security problem.

Hai Kang Granville as the cause of the matter is the Public Security Bureau of Jiangsu Province issued a notice, because Hangzhou Hai Kang Wei as Digital Technology Co., Ltd. (that is, "Hai Kang Wei View") monitoring equipment has serious security risks, some equipment has been foreign IP address control. Jiangsu Province Public Security bureau requires immediate organizational strength, the use of the sea Kang Wei equipment to carry out a comprehensive inventory, and carry out security reinforcement to eliminate security vulnerabilities.

As for the impact of the incident, the "first financial daily" visited a number of people in the industry to explore more deep-seated problems behind the incident. We are still awaiting the announcement of the listed company. "A domestic fund company investment Deputy Director of the first financial daily said," Since things have happened, the next to see how the company to deal with, open institutions and investment meeting is a big probability event. The company is going to issue an H-share, which will pay special attention to this matter and is expected to suspend business soon. ”

According to last year's annual report, Hai Kang Wei as many as 72 institutions hold the shares of the company, of which the Invesco Great Wall, Oriental Securities and Oriental Securities Asset Management Co., Ltd. (hereinafter referred to as "Oriental"), Huaan fund held the largest number of shares, respectively accounted for the share of the circulation of shares reached 1.28%, 0.98%, 0.81%.

A domestic brokerage researcher symmetry, things have come out last year, not only Haikang, other companies have loopholes. The Internet Security Center has been working on this issue last year. "Now it's weekend, the market has two days to consider, Monday how to keep the card, the volume down is the probability of things, but it is not necessarily closed." ”

"Black Swan"?

Some sources pointed out that the above-mentioned Jiangsu Provincial Public Security Bureau issued a document does exist, the document has been issued at the grassroots level. Hai Kang Wei depending on its own problem probability is greater, it is very likely that other program scripting problems. "At present, pointing to Haikang, but security is widely used in government projects, after the estimated manufacturers have to do the test." It may not be simple. ”

It is reported that Hai Kang Granville as the domestic video surveillance industry leading enterprises, sales scale for several consecutive years in the domestic industry's first, specializing in security video surveillance product development, production and marketing of High-tech Enterprises, products include hard disk recorders (DVR), video and audio codec card data storage and processing equipment, as well as monitoring cameras, Monitor the ball machine, video server (DVS) and other visual and audio information collection and processing equipment. Products are widely used in the various projects, including the National Ministry of Public Security, "Safe City", "Science and Technology strong police construction project" and other major public works projects, as well as Hainan Boao Forum for Asia and Europe, ASEM finance ministers meeting, Shanghai Cooperation Organization summit, Shanghai APEC summit, Beijing Olympic Games. Company in the video surveillance system core equipment-DVR and Board field, for several consecutive years the domestic market share ranked first, is the global mainstream DVR and one of the manufacturers of Board card.

Hai Kang Wei, according to the Secretary of the Board of the Zheng in the first financial daily interview, said: "The information on the Internet is basically true, in fact, our equipment in the public network too many users did not change the original device password, so vulnerable to attack." ”

And before December 26, 2014, China Petrochemical Sales Co., Ltd. Development Planning office issued the "on the suspension of procurement of sea Kang Wei equipment Notice", its document pointed out, in order to further standardize the procurement of video surveillance equipment, after research decision, suspend the procurement of Hai Kang Granville video surveillance equipment and product work.

The securities researcher said to our correspondent that the security of the public security network is not big, this problem is mainly related to Internet security surveillance camera, the incident is further follow-up. Things have come out last year, not just Haikang, but other companies have loopholes. The Internet Security Center has been working on this issue last year. The vast majority of Chinese brands of webcam are vulnerable, as long as not involving sensitive information is not surprising. "For those who say because the original password is not changed, can be ignored, because the change in the Internet is also a white change." ”

A brokerage analyst in an interview, said that no specific information before, can not judge. According to the fundamentals of the Hai Kang Wei, it belongs to the security monitoring industry leading companies, and the fundamentals are good. This may just be a minor episode, and it should not affect the company.

Hai Kang Wei According to 2014 Performance Express, 2014-year operating income of 17.233 billion yuan, an increase of 60.37%, operating profit of 4.377 billion yuan, an increase of 48.54%. The net profit of the shareholder of the listed company is 4.672 billion yuan, which increases 52.37%.

Hai Kang Wei, said that the company's 2014 annual performance compared to the same period last year, the main reason for the growth: the reporting period, the company's industry still maintain a high degree of prosperity. At the same time, the company relies on the leading technology innovation ability, the perfect product development system and the increasing domestic and international marketing network, as well as the integrated industry solution ability, tightly grasps the video surveillance IP the tide, in the domestic and the overseas market continued to maintain the good development momentum.

Zheng said, Hai Kang Wei as in the industry has been in a reasonable competitive environment, there is no marketing on the size of the problem. And the problem in Jiangsu Province is simply that the initial password is hacked, not as exaggerated as the online hype. "At present, we have noticed the information circulated on the Internet and we will clarify it through channels such as Weibo as soon as possible." At the same time, recently we will issue relevant announcements or organize related meetings to explain the external, I hope investors do not panic. ”

South China fund manager told the reporter that the incident should not be very big impact on the company, Jiangsu Province, the incident involved in the proportion of the share is very small, the overall income of the listed companies have little impact. is afraid of handling bad, future income will be affected, this probability is not big, because the domestic demand for camera is still very large.

A lot of funds "lying guns"

As of February 27 closed, Hai Kang Granville, as a small increase in share prices, reported 29.58 Yuan. And just a few trading days before February 11, the Sea Kang Wei set up a 30.45 yuan in the history of the highest price. In the recent 4.5 time, the Sea Kang Wei as the stock price continued to rise, from the beginning of July 2010, the price of 7.6 yuan has risen so far, the share price doubled, become a a-share market, one of the Daniel Stock.

Hai Kang Wei sees the stock price to walk the cow's behind cannot leave a large number of organizations to join in, but this is "the black" event also will let these institutions "lie the gun". According to the annual report of the Hai Kang Wei, as of December 31, 2014, a total of 72 main institutions (44 funds, brokers set up 18) holdings of the Sea Kang Wei view, the position of 165 million yuan, accounting for the proportion of a shares in the circulation of 5.24%.

Invesco Great Wall Fund, Oriental Securities and its Oriental Securities Management Company (hereinafter referred to as the "Oriental Department"), the fund of more than Canghai Kang Wei view. Invesco Great Wall Select blue chip vote fund last year, the four quarter of the big buy Hai Kang Wei as 1900.30 shares, accounting for 0.6% of the share of the shares, become holders of the sea will hold the most of the institutions. In addition, the Invesco Great Wall Fund also has King shun Great Wall Ding Yi Stock Fund, Invesco Great Wall Power Balance fund, such as 9 funds to hold the shares of Hoi Kang Wei. 10 funds accumulated 40.5762 million shares, accounting for the proportion of the company's shares reached 1.28%.

Oriental Department of a total of 19 funds, securities collection plans to hold the sea Kang Granville View shares, the total position of 30.2127 million shares, accounting for the proportion of the circulation to 0.98%. In addition, Huaan Fund's three funds holding Canghai Kang Wei as 25.2931 million shares, accounting for the proportion of the share of the shares reached 0.81%.

"The first financial daily" call the fund company, received feedback is "Suddenly, static waiting for listed companies notice, the researcher will promptly follow up ..." As of press, Hai Kang Wei as yet announced.

According to the investment director, the safety incident began last year (Sinopec's moratorium on procurement), which may have an impact on short-term stock prices, but will not have much impact in the medium to long term. The brokerage researcher pointed out that the short-term listed companies have an impact on the stock price, but since it involves security, the mastery of video data is also a necessary guarantee of security, so long-term see little impact. And it's impossible to be absolutely safe as long as the internet is connected. The most direct positive network security vendors are NSFocus, Venus Chen, Guardian Tong.