Qin'an Co., Ltd.'s stock price is abnormal fluctuations: the company's current production and operation situation tends to be normal

On July 4, Capital State learned that the A -share company Qin'an (603758.SH) issued an announcement of abnormal fluctuations in stock transactions.

The company's A -share stock trading on June 30, 2022 and July 1st, the closing price of two consecutive trading days, the price decline was more than 20%. According to the relevant provisions of the "Shanghai Stock Exchange Trading Rules", it belongs to the abnormal fluctuation of stock transactions Essence

Affected by the epidemic in April, the production and sales of the automotive industry have fallen seriously. With the reduction of some passenger vehicle purchase tax and the launch of automobile subsidies to the countryside to actively promote the launch of automotive consumption measures, the automotive industry has recently been launched. Back to heating, the company's current production and operation situation tends to be normal. In addition, the company's market environment has no major changes in the market environment of the automotive industry, there is no major adjustment of industry policies, the company's production costs have not fluctuated significantly, the internal production and operation order is normal, and there is no major information that should be disclosed but not disclosed.

After self -inspection of the company, and sending a written letter to the company's controlling shareholder and actual controller, as of now, the company, the company's controlling shareholders and actual control of the company do not have any major matters that affect the company's stock transaction prices. Major information that has not been disclosed includes but not limited to major matters such as major asset reorganization, share issuance, major trading matters, business restructuring, share repurchase, equity incentives, bankruptcy reorganization, major business cooperation, and introduction of strategic investors.

The company held the 13th meeting of the Fourth Board of Directors and the 11th Session of the 4th Supervisory Committee on March 3, 2022, and held the 2021 Annual Shareholders Meeting on April 15, 2022. 2022 stock options incentives ". Since the company disclosed the "2022 stock options incentive plan in 2022" on March 4, 2022, the domestic epidemic situation showed a variety of trends. After the company disclosed the draft incentive plan, the external environment has changed sharply. And the performance assessment goals in 2023 are actually difficult to achieve. The company's incentive plan is no longer obvious incentive, so the implementation of the incentive plan is slow.

Subsequent companies held the seventh meeting of the Fourth Board of Directors and the 15th meeting of the Fourth Company of the Fourth Board of Directors on June 8, 2022 to review and approve the proposal on adjusting the 2022 stock options incentive plan company level performance assessment indicators. " The adjustment of the performance assessment indicators is more reasonable and scientific, which can objectively reflect the impact of external factors and the current status of the company's operations. It can continue to promote the enthusiasm of the incentive objects and ensure the company's long -term stable development.

However, according to the "Administrative Measures for Equity incentives of Listed Companies", the company shall complete the relevant procedures such as registration and announcement within 60 days from the shareholders' meeting to review and approve the incentive plan. Incentive plan. According to the provisions of the aforementioned laws and regulations, the company decides to terminate the implementation of the 2022 stock option incentive plan. In addition, the company has not found other major events that may have a greater impact on the company's stock price.

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