Panorama, July 16, 2009 July 13 to July 17, 2009 is the exercise period of Ejiao EJC1 warrant (securities code: 031007). According to the trading quotation, the closing price of Dong'e Ejiao principal stock on July 16 was 18.64 yuan, the exercise price of Ejiao EJC1 warrant after adjustment was 5.434 yuan, and the intrinsic value of the warrant was as high as 13.206 yuan. However, as of July 16, 2931293 negotiable warrants of Ejiao EJC1 warrants had not been declared for exercise, accounting for 2.24% of the total number of warrants issued (130940903). Based on the closing price on July 16, if this part of warrant holders still fail to exercise upon expiration, investors will lose 38.71 million yuan.

According to the statistics of Shenzhen Stock Exchange, the five brokers with the most concentrated distribution of unexercised Ejiao EJC1 warrants are Qilu Securities Co., Ltd., Guosen Securities Co., Ltd., Guotai Jun'an Securities Co., Ltd., Industrial Securities Co., Ltd. and China Galaxy Securities Co., Ltd., with the number of unexercised warrants up to 378000, 327000 259000 copies, 245000 copies and 149700 copies.

Shenzhen Stock Exchange said that since July 17 is the last exercise date of Ejiao Warrants, if the warrant holders have not yet declared their exercise upon expiration, the remaining warrants will be cancelled in accordance with the provisions of the warrant issuance instructions. SZSE hopes that all members will conscientiously implement the requirements of SZSK [2009] No. 152 Notice on Supervising the Timely Exercise of Ejiao EJC1 Warrant Holders, and notify the holders of Ejiao EJC1 Warrants who have not yet exercised their rights to exercise their rights in a timely manner through posting notices, telephone notices, mass SMS, e-mail and other effective forms.

Attached table: Before the number of warrants not exercised twenty Member units

 

Member Name	Number of unvested shares
Qilu Securities Co., Ltd	377,930
Guosen Securities Co., Ltd	326,914
Cathay Pacific Jun'an Securities Co., Ltd	259,175
Industrial Securities Co., Ltd	245,237
China Galaxy Securities Co., Ltd	149,664
Haitong Securities Co., Ltd	120,585
GF Securities Co., Ltd	103,275
China Merchants Securities Co., Ltd	94,970
China Securities Co., Ltd	78,636
Shenyin Wanguo Securities Co., Ltd	77,508
Zhongyuan Securities Co., Ltd	75,158
China Jianyin Investment Securities Co., Ltd	71,881
Huatai securities company limited	54,908
Xiangcai Securities Co., Ltd	54,030
Everbright Securities Co., Ltd	51,389
Guoyuan Securities Co., Ltd	45,245
Changjiang Securities Co., Ltd	40,797
Southwest Securities Co., Ltd	37,040
CITIC Jintong Securities Co., Ltd	30,307
Zheshang Securities Co., Ltd	29,666