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MarketScreener Homepage  >  Equities  >  Nasdaq  >  Hebron Technology Co., Ltd.    HEBT   VGG4418R1010

HEBRON TECHNOLOGY CO., LTD.

(HEBT)
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Law Offices of Howard G. Smith Announces Investigation of Hebron Technology Co., Ltd. (HEBT) on Behalf of Investors

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06/03/2020 | 03:43pm EDT

Law Offices of Howard G. Smith announces an investigation on behalf of Hebron Technology Co., Ltd. ("Hebron" or the "Company") (NASDAQ: HEBT) investors concerning the Company and its officers’ possible violations of federal securities laws.

On June 3, 2020, Grizzly Research presented a report alleging that Hebron is an "insider enrichment scheme without economic basis," citing questionable transactions including an undisclosed related party transaction for nearly $26 million.

On this news, the Company's stock price fell as much as $7.29, or 33%, during intraday trading on June 3, 2020.

If you purchased Hebron securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


© Business Wire 2020
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Financials (USD)
Sales 2019 21,1 M - -
Net income 2019 2,74 M - -
Net Debt 2019 0,51 M - -
P/E ratio 2019 34,4x
Yield 2019 -
Capitalization 276 M 276 M -
EV / Sales 2018 0,67x
EV / Sales 2019 4,50x
Nbr of Employees 142
Free-Float 21,9%
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Managers
NameTitle
An Yuan Sun Chairman & Chief Executive Officer
Changjuan Liang Chief Financial Officer
Xiao Liang Xue Chief Technical Officer
Zuoqiao Sun Zhang Director
Xue Song Liu Independent Director
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