Wang Donglei, chairman of the company, said that in the next 18 months, a large-scale optoelectronic industrial base covering the middle and lower reaches of the LED lighting industry chain will be established. The site is located in the Minjiang area, which is supported by the state. The current issuance plan is under review by the CSRC.
In the first quarter of this year, China Advantage, Huaxia Dividend [2.14 1.81%] and Huaxia Blue Chip Qiqi entered the company's top ten tradable shareholders. By the end of the first quarter, they had held 10.812 million shares, 6,922,300 shares and 5,740,800 shares, respectively, according to the first quarter. The average price of 19.19 yuan is calculated, and the "Huaxia Department" costs nearly 440 million yuan.
Since the beginning of this year, the stock has been in a slow climb stage. Since then, it has fallen sharply with the market on April 27. The lowest price is only 15.90 yuan, which is 35% lower than the April high of 24.49 yuan. Recently, the market began to show signs of standing firm, and the stock also obviously has a bottoming out trend. Last Friday, the stock's heavy volume closed at 19.22 yuan, and the 5-day moving average has begun to wear the 10-day moving average. If the market can really bottom out and stabilize, the stock has a clear upward momentum.
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