What is the market value of Greentown Property in January in Hangzhou nanny arson case?

At 5 o'clock on June 22, at Room 2 1802, Unit 2, Lanqianjiang Community, Kunpeng Road, Shangcheng District, Hangzhou, four trapped people died because the nanny deliberately set fire. Later, this tragedy caused the parties and local residents to question the ineffectiveness of Greentown service as a property owner.

Today, this tragedy has passed nearly a month.

Greentown Service is a real estate company listed in Hong Kong. On June 22nd, Greentown services fell by 2.82% to HK$ 4. 14 per share. As of July 20th, Greentown Service reported HK$ 4.03 per share. Compared with June 2 1, the share price of Greentown Services has dropped by HK$ 0.23 per share, corresponding to a market value of HK$ 640 million (about RMB 550 million).

Greentown Service was listed on 20 16. According to the service announcement of Greentown, it ranks first in the satisfaction of property enterprises in China for four consecutive years. At present, the market value of Greentown's services is11.20 billion Hong Kong dollars, which exceeds the companies in the same industries as Color Life, China Shipping Property and China-Austria Home Service.

19 in June, before the accident, the Research Report of China Property Service Enterprises 100 Top in 20 17 released by China Index Research Institute showed that Greentown services continued to rank second in comprehensive ranking among the major property companies in China, with satisfaction ranking first.

According to the brokerage research report, by the end of 20 16, Greentown's service business covered 99 cities in 23 provinces across the country, with a management area of/kloc-0.05 million square meters and 809 property projects under management.

The data shows that the property services provided by Greentown reached 2.665438 billion yuan+0.90 billion yuan last year. Property service income doubled in four years, from12.24 million yuan in 20 13 years to 26 19 million yuan in 20 16 years.

Official notification of problems in Greentown property

In the early morning of June 22, the tragedy happened.

On June 28th, Greentown Service issued a document "Mourning, Answering Greentown Property Service Group's Sue" in official website.

Greentown Service admitted that after the fire, the company was greatly criticized and the security was under great psychological pressure. Some security guards altered the inspection records of fire equipment without authorization after discovering that the fire hydrant was lost. "Our company is responsible for this, and the management of the company will fully reflect and rectify itself."

Since June 22nd, the share price of Greentown Services has generally fallen.

On the afternoon of July 17, the relevant departments of Hangzhou informed the investigation results of the case.

According to the investigation by Hangzhou Public Security Fire Bureau, there are some problems in this property, such as inadequate implementation of fire safety management and insufficient emergency handling capacity. If the property management unit fails to strictly implement the inspection system as required, the relevant personnel will fill in some inspection records of fire equipment afterwards; When the fire broke out, 1 of the personnel on duty in the fire control room did not obtain the professional qualification certificate of firefighters in buildings and structures, and they were employed without a license; When the fire broke out, the fire hydrant pump control switch in the water pump room was not in the automatic state.

How can such a big event not affect the stock price? After all, if something goes wrong with you, your market value will evaporate. Only by making good rectification can we regain our glory.