George White Received The Letter Of Concern: Whether The Two Companies Want To Produce Masks And Whether The Shenzhen Stock Exchange Requires Sufficient Explanation.

On March 18th, Georges white (6.05 +1.68%, shares) crossed the production masks of two subsidiaries, and the company's stock price immediately went up. However, shareholders issued a notice of reduction a month ago. The Shenzhen Stock Exchange issued an urgent request to find out whether there was any reduction plan in the next six months and whether there was any violation of the principle of fair disclosure.

In March 17th, George White announced that the current new crown virus pneumonia epidemic prevention and control entered a critical period. The company's wholly owned subsidiary, Shanghai Georges white Industrial Co., Ltd. and its subsidiary Zhejiang Georges white school uniform Co., Ltd., based on the implementation of the local government's requirements, and in order to meet the needs of the company and company customers, launched the production and sale of mask business, and recently completed the business scope of the industrial and commercial transformation. More registration procedures and obtained the "business license" issued by the market supervisory authority.

Data show that George White is known as the first professional wear, the company owns garment production line, and digitally controls the whole process of production. Previously, investors had asked whether George White had a mask production line on the investor relations interactive platform, and George White replied that the company had no mask production line.

In response, the Shenzhen Stock Exchange asked Georges white to explain the operation mode of the above two subsidiaries and prepare for production related products, including the production cycle construction cycle of various products, the estimated time of production, and whether it has large-scale production capacity.

At the same time, with the good news, Georges white stock price limit, reported 5.87 yuan / share, the latest total market value of 2 billion 55 million.

It is worth noting that in less than 1 months ago, George White disclosed that the former director and vice chairman of the board, who now holds 5.81% of shareholders, plans to reduce shares of the company from March 18, 2020 to September 17, 2020, including but not limited to centralized bidding, bulk trading or other lawful means, not exceeding 5000000 shares, representing 1.43% of the total share capital of the company.

Georges white announced the news of the two companies' production of masks. The day before the implementation of the reduction plan by former vice chairman Fu Shaoming, the Shenzhen Stock Exchange asked George White to explain whether there was any reduction plan for directors, supervisors, senior managers and shareholders holding more than 5% shareholders in the next six months.

At the same time, the Shenzhen Stock Exchange also asked Georges white to explain the recent research on the reception institutions and individual investors, and to see whether it would disclose the inside information to the research institutions and individuals through the non information disclosure channel, and whether there are any matters that violate the principle of fair disclosure.