Core Viewpoint - The article discusses the recent actions of Tonghuashun's chairman, Yi Zheng, who initially announced a share reduction plan but quickly reversed the decision, leading to significant market reactions and raising questions about the company's stability and future prospects [3][6][10]. Group 1: Share Reduction and Market Reaction - On September 6, Yi Zheng announced a plan to reduce shares worth nearly 500 million yuan, which led to a sharp decline in the company's stock price, dropping over 6% on September 8 [3][5]. - Following the announcement, the stock price rebounded after Yi Zheng declared he would not sell any shares, resulting in a 4.56% increase on September 11 [6][8]. - The market's immediate reaction to Yi Zheng's initial announcement was significant, with a loss of nearly 100 billion yuan in market capitalization [5]. Group 2: Historical Context of Share Reductions - Tonghuashun has a history of announcing share reduction plans that often do not materialize, leading to a perception of the company as frequently engaging in "wolf-crying" tactics [11][13]. - Previous announcements included plans to reduce up to 3% of total shares, but actual reductions were minimal, indicating a pattern of market manipulation [11][12]. Group 3: Company Performance and Valuation - Despite a significant increase in stock price, the company's financial performance does not align with its high valuation, with a static PE ratio exceeding 100, indicating overvaluation compared to peers [15][16]. - The company reported a revenue of 1.779 billion yuan and a net profit of 501 million yuan for the first half of the year, showing growth but not sufficient to justify its market cap [15][16]. - The company's business model relies heavily on data services and advertising, with a notable lack of a comprehensive financial ecosystem compared to competitors like Dongfang Caifu [19][20]. Group 4: Competitive Landscape - In the financial information service sector, Tonghuashun is often compared to Dongfang Caifu and Dazhihui, with the former currently dominating the market [19][22]. - Dongfang Caifu's acquisition of a securities license has allowed it to create a closed-loop business model, which Tonghuashun has struggled to replicate [19][20]. - The emergence of Dazhihui as a competitor, especially after its merger with Xiangcai Securities, poses a significant threat to Tonghuashun's market position [21][22].

wumiancaijing.com 同花顺董事长将减持股票说成"让渡市场机会"，引发争议后又紧急撤销，但这种说好减持又不减的行为，在同花顺屡次上演。 重要提醒！！！为防失联，请"星标"我们！进入无冕财经公众号，点击右上角"..."，再""，以便您及时接收每篇推送~ 作者：贾琦 编辑：陈涧 设计：岚昇 三天之内，同花顺董事长易峥来了个180度大转弯。 9月6日，这家市值近千亿的"炒股软件"高调抛出减持计划，拟套现近5亿元，其中易峥个人部分就高达2.47亿元。理由却让人哭笑不得：一是"阶段性增持 目标已完成"，二是" 让渡市场参与机会"。这份公告瞬间刷屏，被调侃为"高位接盘邀请函"。 / | 股东 | 拟减持股份数量 | 拟减持股份占股本比例 | | --- | --- | --- | | 易峥 | 684, 000 | 0. 13% | | 凯士顺 | 699, 100 | 0. 13% | | 合计 | 1, 383, 100 | 0. 26% | 经常上演"狼来了" 同花顺在此时减持，本来并无稀奇，毕竟行情正盛。自去年"924行情"以来，A股整体回暖，"牛市旗手"券商股亦一路狂奔。同花顺股价更是累计上涨 2 ...