As Xiong’an New Area came into being, semi-annual reports of its relevant concept stocks are also concerned by market. Some companies saw increase in the number of shareholders and their major shareholders changed frequently. The top ten biggest shareholders of Tangshan Jidong Equipment and Engineering Co., Ltd. included the national team. In addition, listed companies which have released earnings mentioned less about the planning and development progress of the new area but more about strategy of Beijing-Tianjin-Hebei integration.
Listed companies see vital change in shareholders
According to statistics from Wind Info, by the end of August 15, about 20 percent of concept stocks related to Xiong’an New Area have disclosed semi-annual reports and the number of their shareholders all increased in the second quarter. Shares held by each shareholder of Tangshan Jidong Equipment and Engineering decreased by about 84 percent, those of RiseSun Real Estate Development Co., Ltd. dropped by 53 percent, and those of Beijing Originwater Technology Co., Ltd. and Juli Sling Co., Ltd. fell by nearly 50 percent.
Under this background, requirements for investors to become the top ten shareholders of listed companies on equal conditions are also lowered. For example, Tangshan Jidong Equipment and Engineering experienced vital change in major shareholders.
Expect that shareholdings of Jidong Development Group Co., Ltd., the biggest shareholder of Tangshan Jidong Equipment and Engineering, kept unchanged, shareholdings of the company’s second largest shareholder Tanshang State-owned Capital Operation Co., Ltd. plunged from 11.52 percent in the first quarter to 6.54 percent in the second quarter. Investors should hold at least 1.07 million shares to be the top ten shareholders of the company before, but the figure decreased to 380,000 shares in the second quarter. Therefore, Central Huijin Investment Ltd. (Central Huijin) became the fourth biggest shareholder of the company by having 937,500 or 0.41 percent shares, and the remaining top ten shareholders were natural persons.
Among major shareholders of RiseSun Real Estate Development, Central Huijin’s shareholdings kept flat at 0.91 percent, but it has risen from the 10th biggest shareholder to the 7th biggest one in the second quarter.
In comparison with national team, individual shareholders of concept stocks changed actively. The number of shares required for investors to become the top ten shareholders of Silvery Dragon Prestressed Materials Co., Ltd. Tianjin declined to 500,000 shares in the second quarter. The two institutional shareholders in the first quarter left and all of the company’s top ten shareholders were individual shareholders, half of whom saw unchanged shares. All of the top ten shareholders of Huizhong Instrumentation Co., Ltd. are natural persons. Among them, Xu Wenzhi and Wang Jian saw shareholding decrease.
Everbright Trust ranked the 7th biggest shareholder of Juli Sling with shareholdings up to 1.27 percent. And its shareholdings in Beijing Vantone Real Estate Co., Ltd. moved up slightly to 0.35 percent.
Low key in Xiong’an New Area
70 percent of concept stocks related to Xiong’an New Area, which have released semi-annual reports, registered growth in performance in the first half of the year. Among them, Kingland Technology Co., Ltd. stopped losses and gained about 100 million yuan profits. Net profits of Beijing Hengtong Innovation Luxwood Technology Co., Ltd. and Beijing Originwater Technology increased by 100 percent at least, and those of RiseSun Real Estate Development came at 1.685 billion yuan.
When introducing the company’s operation, RiseSun Real Estate Development took the advantage of historical opportunities of Beijing-Tianjin-Hebei coordinated development and the construction of Xiong’an New Area. It made more investment in Langfang, Bazhou, Zhangjiakou, Cangzhou, Handan and Tianjin around the Beijing-Tianjin-Hebei region and achieved fruits during the report period. By the end of report period, the company’s land reserve in Beijing-Tianjin-Hebei region exceeded 9 million square meters. The company has fulfilled the plan made at the beginning of this year and signed contracts worth 27.23 billion yuan in the first six months.
Juli Sling indicated that factors like the sluggish traditional industrial industries, pressure on environmental protection, overcapacity and industrial structural adjustment influenced operation indicators to some extent. During report period, operating revenues of the company moved down by 19.69 percent year on year to 8.233 million yuan, but net profits climbed to 20.1453 million yuan year on year.
It’s introduced that the company will further strengthen strategic cooperation with important participants of the Belt and Road Initiative and keep paying attention to construction of Xiong’an New Area.
Beijing Originwater Technology also indicated that it would boost larger-scale application of membrane technology under the background of Beijing-Tianjin-Hebei integration and development of Xiong’an New Area.
By contrast, other concept stocks mentioned more about participation in Beijing-Tianjin-Hebei integration and drawing corresponding strategy in the semi-annual reports. Tangshan Jidong Equipment and Engineering said that it would accelerate transformation and upgrading of the company by relying on Belt and Road Initiative, Yangtze River Economic Belt and Beijing-Tianjin-Hebei integration and based on current status of the industry at home and abroad.
Beijing Vantone Real Estate introduced that the company’s sales dropped sharply due to strict real estate regulation in the first half of this year. The company’s net profits lost by nearly 80 percent from a year earlier during the report period. It said that it would continue to stick to the strategy of Beijing-Tianjin-Hebei development.
Beijing Urban Construction Investment & Development Co., Ltd. remarked that it would keep close eyes on land market in accordance with the strategy of centering on Beijing and covering tier-1 and tier-2 cities and core cities. It will develop markets surrounding Beijing and finish making strategic deployment as soon as possible via help of the development of Beijing-Tianjin-Hebei integration.
Translated by Vanessa Chen
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