news

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

Text | Yang Wanli

In the morning of August 14, Dashengda's stock price opened low, and after nearly 4 minutes of bargaining between long and short parties, the stock price hit the limit down. As of the time of writing, Dashengda's decline was 9.95%, the stock price was 5.97 yuan, and the total market value was 3.284 billion yuan.

It is worth mentioning that Dashengda's stock price hit a new low since its listing in early trading today. In August 2019, Dashengda's stock price once soared to 24.75 yuan. At present, the company's stock price is less than 6 yuan, and its stock price has fallen by more than 75% compared with the previous high.

According to the news, Dashengda received a notice from the family of its actual controller and chairman Fang Nengbin on August 13 that Fang Nengbin was recently detained and under investigation.

According to the data, Fang Nengbin has been the chairman of Dashengda since December 2016. Dashengda is a typical family business, with Fang Wuxiao, Fang Nengbin and Fang Congyi as the actual controllers. The three hold 24.79%, 14.87% and 9.9% of the company's shares respectively. The relationship between the three is: Fang Nengbin is the son of Fang Wuxiao, and Fang Congyi is the daughter of Fang Wuxiao.

According to media reports, Fang Nengbin has extensive experience in capital operations. For example, he once promoted Dashengda to be listed on the U.S. stock market, becoming the first domestic paper packaging company to be listed in the U.S. In 2019, Dashengda switched to the A-share market and was listed.