The five-year share price of The Sky Taste industry has soared sixfold, with an overall market value of $277.9 billion, exceeding that of Guiyuan and Evergrande.

Five years after the listing, the stock price has soared sixfold, and the most expensive soy sauce in the history of A-shares has been bornafter the May 30 closing of 100 yuan / share, officially joined the 100 yuan club, in the next two trading days, the country's largest condiment manufacturer Haitian taste industry's share price peaked at 103.43 yuan, a record high, standing at the 100 yuan mark, becoming the 14th stock in the two cities to break the 100 stockas of the end of June 3, Haitian Taste Industry closed at 102.91 yuan, with an overall market value of 277.9 billion yuan, surpassing Guiyuan and Evergrande as the eighth largest listed company in Guangdong Provincepublic data show that since the listing in 2014, the stock price of the whole has shown a upward trend, only in 2016 has fallen, but the full year of 2017 rose as high as 82.35 percentIn 2019, the company's share price rose 53.11 percent in less than half a year, outpacing Maotai's 46.26 percent overallSince the listing, The stock price of Haitian miso has more than doubled in five yearspoor only moneyfood first, soy sauce has long been an indispensable condiment in Chinese food condimentsAs a source of origin, China has always been the largest market for soy sauce consumptionthe predecessor of the sea-day taste industry is more than 300 years of history of Foshan ancient sauce gardenIn 1955, Foshan 25 ancient sauce garden merger and reorganization, "Haitian soy sauce factory" officially landedPang Kang, the current chairman of The Sea Sky, was also born the following yearIn 1982, 26-year-old Pang Kang entered the factory to work as the deputy director of the Pearl River soy sauce factory in Foshan Citythe status of the sea-day taste industry in the seasoning industry is played out by Pang KangIn the early 1990s, soy sauce was widely sold in bulkBenefiting from the reform and opening up, the seafood industry has saved up a number of home base, Pangkang master, spending 30 million from abroad to introduce production lines, large-scale productionin 1994, The sea taste industry launched a brand upgrade plan, Pang Kangli master company name from the Pearl River soy sauce factory to Foshan City, Haitian flavorfood company, and in their own raw products on the well-designed brand logo In 1999, Haitian also became the first soy sauce brand to advertise in the "Newscast" full-time report into the 21st century, the large-scale production of the sea-day taste industry is still expanding, in 2005, the company completed a total investment of 1 billion yuan, production capacity of more than 1 million tons of integrated production base of the first phase of the project; Haitian's brand strategy has not stalled, in 2014, the company launched a spokesman strategy, well-known host Wang Han became the first spokesperson for Haitian soy sauce In addition, Haitian soy sauce also named a number of popular varieties, to promote the brand in addition to large-scale production and brand station, channel construction is also a game of Grand Chess Pangkang divided a team of 1500 dealers, 5000 distributors of the middle-level network, and trained 1000 people as "special forces", assigned to dealers and distributors, or supervision or leadership, greatly avoidthe market mispricing, the situation of separation 's latest financial results data show that the sales network of the sea-day flavor industry has covered more than 100% of the city, as of the first quarter of 2019, the total number of dealers reached 4,989 related statistics show that the current sea taste industry in the soy sauce market accounted for about 15%, far more than the proportion of 4% of the second generation of soy sauce brand delicious fresh; strong market share and perfect product category gave the high-speed growth of the performance of the sea taste industry, with 2018 performance, the static price-earnings ratio of the seafood industry has reached 58 times earnings data show that for the whole of last year, The Sea Sky flavor industry achieved operating income of 17.03 billion yuan, up 16.8% from a year earlier, and net profit was 4.365 billion yuan, up 23.6% from a year earlier In the first quarter of this year, The Sea Sky Products reported operating income of RMB5.49 billion, up 16.95 percent from a year earlier, while net profit was RMB1.477 billion, up 22.81 percent from a year earlier 's cash flow is also healthy, with data showing that in 2018, The day's balance sheet was 31 per cent, but without any borrowings, the liabilities were operating liabilities In addition, Haitian has almost no receivables, operating cash flow on the books as high as 20.8 billion, the stock of monetary funds as high as 9.46 billion So some investors lamented, "The sea is so poor that there is only money left." " with the stock price continued to rise, in the last 60 trading days, the institutional rating of the sea taste industry generally to increase holdings and buy-oriented, the north bound of funds are also continuing to inject, according to statistics only on May 30, the day, the sea taste industry net northward funds to buy 155 million yuan but with the sea taste industry share price rushed to a high, the main capital at a high sell-off phenomenon began to appear, a large number of funds began to withdraw Wind data show that in the past 10 trading days, the sea taste industry suffered a net outflow of up to 390 million yuan of the main capital 3 executives cashout 48 million not only the main capital withdrawal phenomenon, the rise in share prices also let some of the sea taste industry executives choose high cash, since 2018, a number of board members of the sea taste industry has issued a number of individual shareholding reduction plan May 20, The company's supervisor Chen Bolin due to "family misoperation", in the reduction of the company's shares to cash out 11.7847 million yuan at the same time, the mistaken purchase of the company's shares 2000 shares, constitute a short-term operation, the company apologized to investors announced that Chen Bolin belongs to the morning of the login of its account, through the centralized bidding and trading method to reduce the company's shares of 123,000 shares, the average transaction price of 95.81 yuan / share, the transaction amount of about 117.847 million yuan; sea taste industry said that the company's verification, the above-mentioned transactions are not in the company's disclosure of periodic reports during the sensitive period, there is no information on the disclosure of the company's shares of the company's shares The short-term trading resulting from this misoperation earned 2240 yuan to the company this is only part of Mr Chen's recent sell-off plan On April 23, The Air Time industry announced a plan to reduce the shares of some of the directors, in which Chen Bolin, citing "personal capital needs", will sell no more than 400,000 shares of shares before the IPO through auction trading announcement disclosed that with Chen Berlin also reduced the company's directors Wu Zhensheng, Ye Yanqiao, Chen Junyang and the board secretary Zhang Xin, the reason for the reduction is "personal capital needs", the total reduction of shares of about 170,000 shares, based on the current share price, the value of about 17.49 million yuan it is worth noting that Chen Berlin, Wu Revitalization and Chen Junyang have reduced their holdings since August 2018 and have so far reduced their holdings by more than 48.16 million yuan public information shows that the shares of The sea taste industry is very concentrated, among the top ten outstanding shareholders, the company's controlling shareholder Guangdong Haitian Group holds a total of 1.573 billion shares, the shareholding ratio of up to 58.26 percent, of which the company's chairman, Pang Kang, vice chairman Cheng Xue through direct or indirect shareholding stake in the total value of up to 104.774 billion yuan Source: AI Financial