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603300,被证监会立案调查!

Core Viewpoint - The China Securities Regulatory Commission (CSRC) has initiated an investigation into Hainan Huatie (603300.SH) for suspected violations of information disclosure, following the termination of a significant contract with Hangzhou X Company, which has led to a notable decline in the company's stock price [1][3]. Group 1: Investigation and Contract Termination - On October 16, Hainan Huatie announced it received a notice from the CSRC regarding an investigation due to alleged information disclosure violations [1]. - The company’s subsidiary, Hainan Huatie Dahuangfeng, terminated a "Computing Power Service Agreement" with Hangzhou X Company, which was originally valued at 3.69 billion yuan (including tax) for a service period of five years [1][2]. - The termination was attributed to significant changes in market conditions and a lack of procurement orders since the agreement was signed [2]. Group 2: Stock Performance and Shareholder Actions - Following the announcement of the investigation and contract termination, Hainan Huatie's stock price fell over 20% within six trading days [3]. - On October 15, the company disclosed that a major shareholder, Hu Danfeng, completed a share buyback plan, purchasing approximately 6.448 million shares, which is about 0.32% of the total share capital, with a total investment of approximately 49.9972 million yuan [4][5].