Emma Technology announced on the 10th
Recently, it received the actual controller of the company
Notice from the family of Chairman and General Manager Zhang Jian
It was received on October 9, 2024
Issued by the Chengde Municipal Supervision Commission
Zhang Jian's notice of retention in custody and filing a case for investigation
The actual controller was placed on file for investigation
Emma Technology said that as of the date of the announcement, the company had not received any notice from the relevant authorities and had not been required to assist in the investigation.
Emma Technology also said that as of the date of the announcement, the company's other directors, supervisors and senior managers have performed their duties normally, the company's control has not changed, the board of directors is operating normally, and the production and operation management is normal, and the above matters will not have a significant impact on the company's normal production and operation.
Emma Technology said that as of the disclosure date of the announcement, the company has not yet known the progress and conclusion of the above matters, and the company will continue to pay attention to the follow-up situation, and timely fulfill the information disclosure obligations and remind the relevant risks in accordance with the provisions of relevant laws, regulations and normative documents.
Search the announcement record, on September 9, 2024, Emma Technology held a general meeting of shareholders in Tianjin, Zhang Jian did not attend the meeting, but authorized director Wang Chunyan to attend the meeting. On September 3, Zhang Jian communicated with investors online at the investor online collective reception day.
According to the semi-annual report, Zhang Jian, the controlling shareholder and actual controller of the company, holds 68.78% of the shares, and the reference market value at the end of the period is 16.2 billion yuan.
According to previous announcements, Zhang Jian is 54 years old this year and has served as the chairman and general manager of Emma Technology since September 27, 1999, and his term of office will end on September 8, 2025. He used to be the executive director of Tianjin Qiyu Interactive Technology Co., Ltd. and the director of Tianjin Sanshang Investment Management Co., Ltd.
According to public information, Zhang Jian's wife, Duan Huawei, vice chairman and deputy general manager of Emma Technology, and Zhang Jian's daughter Zhang Gege is the company's director. Zhang Jian and Zhang Gege are both the actual controllers of Emma Technology.
In 1999, Zhang Jian and his wife Duan Hua from Shangqiu, Henan Province established Tianjin Taimei Automobile Industry Co., Ltd., the predecessor of Emma Technology, in Tianjin. In March 2024, the Hurun Research Institute released the "2024 Hurun Global Rich List", and Zhang Jian and Zhang Gege, father and daughter, ranked 1,577th on the list with a wealth of 16.5 billion yuan.
Revenue growth has dropped sharply and selling expenses have surged
Founded in 1999 and listed on the main board of the Shanghai Stock Exchange in June 2021, the company's main business is the research and development, production and sales of electric bicycles, electric mopeds, electric motorcycles, etc.
However, at present, Emma Technology is facing a sharp decline in revenue growth and a surge in sales expenses.
From 2020 to 2023, the year-on-year growth rate of Emma Technology's revenue will be 23.8%, 19.33%, 35.09%, and 1.12% respectively, and the revenue growth rate in 2023 will drop significantly.
In the first half of 2024, AIMA Technology's operating income will be 10.59 billion yuan, a year-on-year increase of 3.66%; net profit was 951 million yuan, a year-on-year increase of 6.24%; However, during the same period, Emma Technology's sales expenses increased by nearly 40%.
In the secondary market, on October 10, Emma Technology fluctuated higher, closing up 3.02% at 34.45 yuan, with the latest market value of 29.7 billion yuan.
Source: Guangzhou Daily synthesized from National Business Daily, Xinhua Finance, China Fund News, Consumer Daily, China News Network, etc