40, 000 shareholders are confused: nearly twice the lithium electric cattle stock is suddenly short of 480 million yuan and the order in the Ningde era is gone.

Li Dian Da Niu Hua, whose share price soared nearly twice during the year, suddenly became unfavorable in science and technology overnight, and the 480 million yuan order in the era of Guan Xuan and Ningde was cancelled, thus receiving a letter of inquiry from the Shenzhen Stock Exchange.

The order of 480 million yuan was cancelled "suddenly"

Yesterday evening, Huazi Science and Technology announcement, the company's wholly-owned subsidiary Jingshi Machinery has received Ningde Times New Energy Technology Co., Ltd. fixed bid winning notice, the winning amount is 231 million yuan (including tax), 251 million yuan (including tax). Recently, after friendly negotiation, Jingshi Mechatronics and Ningde Times signed an "order change Agreement" for the above-mentioned winning orders.

The above two orders need to be adjusted due to the change of the implementation of the above project, the change of technical conditions and the schedule of refined mechanical and electrical capacity. After friendly negotiation between the two parties, the above two orders are cancelled and will no longer be executed. Fine Mechatronics continues to be a qualified supplier in Ningde era, and the two sides can continue to seek cooperation in the light of project construction and delivery.

In view of the impact of the order change on the company, the company said that the order change is the result of friendly negotiation between the two parties and will not affect the normal performance and follow-up cooperation of other orders between the two sides. The above-mentioned bid-winning order has not been formally fulfilled, and the change of the order will not affect the normal operation of the company and its subsidiaries.

It is worth noting that the total amount of these two orders cancelled by Huazi Technology subsidiary is 480 million. The company's total revenue in 2020 was 1.162 billion yuan, which means that the two orders cancelled accounted for 40 per cent of the company's revenue last year.

The order was cancelled "suddenly". As a result, Huazi Science and Technology received a letter of concern from the Shenzhen Stock Exchange, asking for a detailed explanation of the specific reasons for the termination of the 480 million yuan order with the Ningde era. and verify with all insiders whether there is insider information leakage, insider trading, and so on.

40,000 shareholders tread on mines

The announcement undoubtedly dealt a blow to investors holding the stock, with data showing that Huazi Technology had 40210 shareholders as of Aug. 20. Huazi Technology's share price performance today will affect tens of thousands of shareholders in the face of a sudden "disappearance" of large orders.

New energy concept stocks have been hot speculation this year, lithium concept stocks have emerged in large numbers. Huazi Technology has also been sought after by investors for winning contracts for lithium power projects in the Ningde era. Since the beginning of this year, the stock has soared 188%, making it a proper Daniel stock.

It is worth noting that at one point yesterday, the stock rose more than 10 per cent and hit an all-time high, but the share price fell step by step after hitting a high of 37.3, and the share price closed flat, with investors chasing the highest point of the day losing more than 10 per cent on the day.

A number of shareholders reduce their holdings

As heated as the sudden cancellation of 480 million yuan orders, a number of shareholders of the company have reduced their holdings in the process of the recent rise in share prices.

Huazi Technology announced on July 2 that the 5.9403% shareholder Integrity Venture Capital intends to reduce its holdings by no more than 1.9401%, director Miao Honglei plans to reduce his holdings by 112900 shares, and Deputy General Manager Tang Kai plans to reduce his holdings by 25000 shares. As of July 27, Miao Honglei and Tang Kai's plan to reduce their holdings has been completed. As of September 7, the number of shares reduced by shareholders of Integrity Venture Capital has reached half of the planned reduction.

In addition, the controlling shareholder Huazi Group also carried out a reduction, but carried out a "own" operation. From July 5 to July 26, Huazi Group reduced its holdings by 2.3507 million shares, accounting for 0.92% of the company's total share capital. However, in the process of reducing its holdings on July 26th, it mistakenly operated "sell" as "buy" and mistakenly bought 26000 shares of the company. Constitute a short-term transaction, Huazi Group announced the early end of this reduction plan.