By May 11, Luen Mei Quantum created new high by 15.85 Yuan/share and growth rate of 3.53% and the market value broke 36.2 million Yuan.

Recently, Luen Mei Quantum bought in more shares by hot money: By May 8, Luen Mei Quantum has held 12,499,600 shares of Hugutong. In the last month, shares held by Luen Mei Quantum increased by 10.46%, Luen Mei Quantum bought in 6,464,500 shares of Hugutong and position ratio increased by 107.11%. In the last three months, shares held by Luen Mei Quantum increased by 29.64%, Luen Mei Quantum bought in 8,245,700 shares of Hugutong and position ratio increased by 193.84%.

Social security fund and sunshine private fund are major bulk-holding stocks of Luen Mei Quantum. According to statistical data, Luen Mei Quantum’s shareholding ratio of hot money increased by 0.24% compared with that in the end of last year, and chain growth rate of social security fund and sunshine private fund increased by 0.19%. By the first quarter of 2020, social security fund 108 held 40,400,000 shares of Luen Mei Quantum, accounting for 1.77% of general capital and ranked the 8th shareholder; social security fund 501 held 24,130,000 shares, accounting for 1.05% of general capital and ranked the 10th shareholder.

As an industry leader, Luen Mei Quantum was chosen “Top 50 core assets”. As investment style of A share changed, “core assets” featured by steady performance, healthy finance and great development potential gained wide attention from investors and was listed among “Top 50 core assets” and “Top 50 healthy finances” of Securities Times? Data Box.

In the evening of April 29, Luen Mei Quantum released 2019 annual report and report of the first quarter of 2020, in which performance indicators increased significantly and a historical high was created in both revenue and profit. Where, net profit vested in shareholders of the parent company was 1.592 billion Yuan with a year-on-year growth rate of 20.86%, ROEWA was 23.67% with a year-on-year growth rate of 6.19%, net cash flow from business activities was 1.483 billion Yuan with a year-on-year growth rate of 26.98% and monetary capital increased by 727 million Yuan to 5.07 billion Yuan.

Besides, Luen Mei Quantum splits concept stock. In March, 2020, Luen Mei Quantum announced to include subsidiary Zhaoxun Media in the spin-off listing plan on GEM. It is widely believed that both parties could focus on the development of main business and realize win-win cooperation through spin-off listing. From the point of valuation, Zhaoxun Media was heavily undervalued. If spin-off listing succeeds, the value of Zhaoxun Media will rise by at least 2-3 times. Thus, Luen Mei Quantum, the parent company, is hopeful to rebuild the value.

（source：Securities Times）