On the 13th, the three major A-share indices experienced a collective sharp decline. Data shows that by the market close, a total of 4,678 stocks across the market were in negative territory, with 187 stocks hitting the daily downside limit and only 33 stocks reaching the daily upside limit.
Notably, some stocks in the IT services sector saw unusual activity in the afternoon session. China National Software&Service Company Limited, Inspur Software, and Guozi Software all staged sharp intraday rallies. Among them, shares of China National Software&Service Company Limited (600536) surged straight to the daily limit-up in the afternoon. Although the stock's price briefly retreated from the limit, it managed to climb back and close at the limit-up price near the end of the trading day.
Such a significant price surge for this stock has been rare this year. Data indicates that since the beginning of the year, China National Software&Service Company Limited has accumulated a decline of over 30%.
A month ago, the company received a "Decision on Administrative Penalty" from the Ministry of Finance. On the evening of June 12th, China National Software&Service Company Limited announced that it had been fined 40,500 yuan for being found to have maliciously colluded with other suppliers, as evidenced by multiple identical contents in their respective bidding documents. The company was also placed on a record of misconduct and prohibited from participating in government procurement activities for one year. On the day of the announcement, the stock's price closed at the daily limit-down.
Regarding the impact of this penalty on the company, China National Software&Service Company Limited disclosed in its announcement that the fine amount represents a relatively small proportion of the company's net profit attributable to the parent company from the most recent audited period. During the prohibition period, the parent company is barred from participating in government procurement activities, but cooperation with channel and industry clients can proceed normally, and subsidiaries can continue to participate in government procurement activities normally.
According to preliminary statistics, the business revenue directly generated by the parent company from participating in government procurement accounts for approximately 11% of the company's total revenue in 2025.
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