Is Pingtan Development Worth Long-term Investment?

The development of Pingtan deserves our long-term holding. Time will prove that you are currently in a long bull market of 10 times. Current affairs, politics, policies, geographical location, economic openness and historical trend have provided a developed foundation for Pingtan Island. Pingtan Development or Zhongfu, as the first listed company in Pingtan Comprehensive Experimental Zone, will be the first batch of bigger and stronger enterprises in Pingtan Special Economic Zone. As a model of development pioneer, Pingtan development will also cater to the development trend of policies and times.

Pingtan Development is mainly engaged in timber mining and transportation, interior decoration of houses, various engineering construction activities, forestry professional and auxiliary activities, domestic freight forwarding and investment activities. Its industry is forestry, and it was established in Fujian Province. It is an enterprise-type joint-stock company.

The specific business scope of the company is: import and export agents; Import and export of goods; Forest management and protection; Artificial afforestation; Forest improvement; Forest product collection; Tree planting management; Planning and design management; Primary processing of non-edible agricultural products; Wood processing; Selling forestry products; Timber acquisition; Wood-based panel sales; Non-residential real estate leasing; Housing lease; Property management; Manufacturing of new building materials; Building block sales; Sales of building materials; Processing of building timber and timber components; Landscaping engineering construction; Agricultural and sideline products sales; Animal husbandry and fishery feed sales; Sales of feed raw materials; Pulp manufacturing; Pulp sales.

Stock is a part of the ownership of a joint-stock company and a certificate of ownership issued by a joint-stock company. It is a kind of securities issued by a joint-stock company to all kinds of shareholders, as a shareholding certificate to obtain dividends and bonuses. Stocks are long-term credit instruments in the capital market and can be transferred and traded. With it, shareholders can share the company's profits, but also bear the risks brought by the company's business mistakes.

Each share represents the shareholder's ownership of the basic unit of the enterprise. Every listed company will issue shares.

Every stock in the same category represents the equal ownership of the company. The share of ownership of the company owned by each shareholder depends on the proportion of shares held by each shareholder to the total share capital of the company.

Stock is an integral part of the capital of a joint-stock company and can be transferred and traded. It is the main long-term credit tool in the capital market, but the company cannot be required to return its capital contribution.

The trading hours of most stocks are:

The trading time is 4 hours, which is divided into two periods: Monday to Friday from 9:30 am to 1 1:30, and in the afternoon from 13:00 to 15:00.

From 9: 00 am15 am, investors can place orders, and the entrusted price is limited to10% of the closing price of the previous trading day, that is, between the daily limit and the daily limit.

Orders entrusted before 9:25 am are matched at 9:25 am, and the price obtained is the so-called "opening price". Orders placed between 9:25 and 9:30 were not processed until 9:30.