A-shares fluctuated greatly, and Ruifeng Optoelectronics and Debon Lighting’s chairman increased their holdings.

After the Dragon Boat Festival, A-shares fluctuated greatly. The important shareholders of the listed company and Dong Jiangao became one of the main players in the stock market. According to statistics, from June 19 to 21, the number of listed companies that announced the increase in holdings exceeded 100, and the amount of shares purchased by their major shareholders through the secondary market exceeded RMB 1 billion.

Judging from the announcement of listed companies, the “protection” behind the increase in holdings means obvious. For the purpose of increasing holdings, some listed companies bluntly say that executives' holdings are based on confidence in the company's future development prospects and recognition of the company's value. At the same time, in order to enhance investor confidence, we will effectively safeguard the interests of small and medium shareholders and the stability of the capital market.

Back in the LED industry, the stocks of listed companies have fluctuated in recent times. Among them, Gong Weibin, chairman of Ruifeng Optoelectronics, and Ni Qiang, chairman of Debon Lighting, implemented the plan to increase their holdings during this period.

Ruifeng Optoelectronics

On June 21, 2018, Ruifeng Optoelectronics received a notice from Mr. Gong Weibin, the controlling shareholder and actual controller, on plans to increase the shares of the company. Mr. Gong Weibin plans to start in the next 12 months (from June 21, 2018). Increase the company's shares in the manner permitted by the Shenzhen Stock Exchange's securities trading system.

Increased holder: Chairman Gong Weibin

Ways to increase holdings: It is proposed to pass the methods permitted by the Shenzhen Stock Exchange's securities trading system, including but not limited to bidding transactions, block trades, etc.

Overweight plan: It is planned to increase the shareholding of the company's stock within the next 12 months. The amount of the increase is not less than 20 million yuan, not more than 100 million yuan.

The purpose of the increase: based on the recognition of the company's intrinsic value and future development strategy, and in order to enhance investor confidence, and effectively safeguard the interests of small and medium shareholders and capital market stability, it is proposed to implement this increase plan.

Debang Lighting

On June 19, 2018, Mr. Ni Qiang, the chairman of the company, increased the shareholding of the company by 60,700 shares through the Shanghai Stock Exchange's securities trading system in a centralized bidding manner, accounting for 0.01% of the company's total share capital. It is 579,078 yuan. As of the announcement date, Mr. Ni Qiang, the chairman of the company, has increased its shareholding in the company by 107,900 shares, accounting for 0.026% of the company's total share capital. The cumulative increase is 1,098,313 yuan.

Increased holder: Chairman Ni Qiang

Ways of increasing holdings: Increase the shareholding of the company by means of centralized bidding through the securities trading system of the Shanghai Stock Exchange.

Overweight plan: Within 6 months from the date of announcement (March 14, 2018), the company's shares will be increased by no less than RMB 1 million and no more than RMB 2 million.

The purpose of the increase: based on the confidence of the company's future development prospects and recognition of the company's value.

Judging from the announcement of the increase in holdings of Ruifeng Optoelectronics and Debon Lighting, the chairman of the two companies has increased their shareholding in the company based on their confidence in the future development of the company, but the chairman of Ruifeng Optoelectronics has increased its holdings of “protection”. more obvious.

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