The GEM is frustrated, and the stock price of Changfang Lighting is still strong.

Affected by the Shenzhen Stock Exchange's GEM delisting system, the GEM stocks fell sharply on April 23. However, the public information after the Shenzhen Stock Exchange showed that while the institutional seats sold most of the GEM stocks, the long-term lighting of the main LED light source was once again actively bought by the institutions.

According to the public transaction information, on the 23rd, the two seats for the two institutions appeared in the top five seats in the Changfang Lighting Buying List, which bought 1,115,600 yuan and 3,854,600 yuan respectively, ranking second and fourth. According to the total turnover of 110 million yuan on the 23rd, the number of institutional seats bought on the same day accounted for 10% of the transaction amount. In addition, the sales department of Beijing Jianguomenwai Street, which has been regarded as the gathering place of QFII, also appeared in the three-seat position, which bought RMB 451,760.

As the second new stock that just landed on the GEM at the end of March 2012, Changfang Lighting has been favored by institutions since its listing. It has been the top five in the list of institutional seats, which has become an important support for the recent strong stock price of Changfang Lighting.

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