Oriental Silver Star Control over the road: "Yu-Shang" boss "overweight" was turned out

Source: Internet
Author: User
Keywords Overweight
Yang Jiao the Oriental Silver Star (600753, Stock bar) (600753), which lasted 1.5 years. SH) Control right dispute, still is unfinished bureau. The provisional general Meeting of the Board of Trustees, to be held on November 18, was abruptly cancelled by the Convenor of the group of three days before the conference. Henan Merchants Group through a number of brand Oriental Silver Star, has surpassed the Silver Star Group to become the largest shareholder, and to seek control, it is during this period, the company's actual control of Han Hongwei's spouse Wang Yu last July trading Oriental Silver Star shares, but the company did not disclose. and Wang Yu in such a sensitive opportunity to buy and sell Oriental Silver Star stock, whether to get inside information, and the company's holdings intention, still tricky. In this battle of control power, whether it is Silver Star Group, or Henan Business group, there are many flaws. With the standoff between the two sides still not broken, Oriental Silver Star and small and medium shareholders will be forced to become victims. Control right to the truth today, the company has not stated its intention to increase holdings. "Last year invited them (Yu Shang group) to Chongqing to communicate, they said only financial investment behavior." We judge, the other side may be want to constantly overweight, and finally through the two-tier market to make money, then there is the control of listed companies, the introduction of external resources to restructure the idea of profit. Said Ma June, vice president of Silver Star Group. "To increase the Oriental Silver Star, is the Henan Merchants Group based on their own investment and development needs, there is no" behind the others. "Yu Shang group related people to the" first financial daily, said the Silver Star Group Restructuring Oriental Silver Star, up to 10 years of business has not improved, become the annual struggle in the Shell line of "zombie Company", Han Hongwei see the Home enterprise reduced to this point very sad. "We hope to improve the corporate governance structure of listed companies, enrich the business of listed companies, and lead the company into a healthy development path." "Public information shows that Han Hongwei and Oriental Silver Star local origin is quite deep." Born in 1965, Han Hongwei is Henan Shangqiu Yongcheng people, owns, Henan CPPCC Standing Committee, Henan Province, vice chairman of the Federation of Federations and other titles. August 2013, Han Hongwei also was hired as investment advisor by Henan Provincial Government. Yu Shang Group was founded in August 2008, has the Shanghai Chamber of Commerce in Henan launched, formerly known as Shanghai Yu Business Investment Co., Ltd., June 2009 More current name, registered capital of 50 million yuan, after a number of replenishment, the current registered capital of 1 billion yuan, with wholly-owned, holding subsidiaries 10. Its website information shows that after years of development, Henan Business Group has grown into a business covering financial investment, real estate, fund management three major areas of enterprise. Lemezio, general manager of Yu Shang Group investment department, told the media that the company had identified a 800 million-yuan investment plan in early 2013 and was preparing to look for a capital operation platform. The Silver Star of the Orient, instead of impulsive behavior, was carefully considered and selected, and the Silver Star Group wanted it to exit. In this case, the result of communication between the two sides is to huff. The group, which had not yet entered into force, had repeatedly raised its cards after June 24 last year. Public information shows that this July 31, the Oriental Silver Star Disclosure reorganization plan, planned to 22.6Billion price, the acquisition of the IPO is not the fruit of the East bead landscape. After the disclosure of the plan, the group of Henan merchants objected. "In August or September this year, we communicated with the Yu-Shang group, saying that there were problems that could be put forward, but the other said that there was no plan and that the existing scheme should be rejected and the new plan would be found." Ma June said. In addition, Lemezio said last year that Silver Star Group had promised to give certain compensation, as the company's exit conditions, but did not propose a specific plan. Since then, the company began to raise the card. Yesterday, the "First financial daily" reporter called Lemezio, but he said he was not responsible for the matter. "Boss" overweight in the November 12, the Oriental Silver Star announced Chongqing Public Security Bureau by the Investigation Corps to the Yu Shang group, Wang Yu and other people on file, the balance seems to have been from the dominant Yu-Shang group, to the Silver Star Group tilt. In the process, both sides of the approach, full of "infernal" means. Quite oddly, the timing of the Wang Yu trading of Oriental Silver Star stocks. The announcement shows that July 2, 2013 ~ 12th, Henan Merchants Group increased its holdings of Oriental Silver Star 6.4 million shares. Since then, and on July 19 ~8 month 5th, increased the 6.4 million shares. By this stimulus, as of July 16, Oriental Silver Star stock has been from May 13 of 7.8 yuan, rose to more than 13 yuan. The group did not reply to this question. Oriental Silver Star Dong Hot spring to the "First financial daily", said last July, because of the stock price, in the inventory of shareholder accounts, it found in the name of Wang Yu opened the account, the company immediately to the regulatory bodies, public security organs report. This means that the Wang Yu trading of Oriental Silver Star shares, the Silver Star Group has mastered it more than a year ago, why has been Enge? In this connection, Hot Springs said, although already aware of the matter, but can not judge Wang Yu and the group, and the relationship between the public security organs investigation needs a certain process. In fact, after August last year, the Henan Merchants Group Overweight action temporarily quiet, until this August, the Oriental Silver Star disclosure of the reorganization plan, the company began to increase the group, and then, Yu Shang Group, Wang Yu was filed for investigation. It is worth mentioning that in November 10 confirmed the case, Chongqing Municipal Public Security Bureau by the Investigation Corps used the "Wang Yu and other people" words. And from the current situation, only Wang Yu one person bought Oriental Silver Star stock. "When we checked our shareholder accounts last year, we found a lot of suspected accounts, but we didn't know what was wrong," he said. "Hot Springs said. The reporting and prosecution sites have also become the focus of both sides ' accusations. According to Ma June, as a registered company in Shanghai, Yu Shang group should sue in Shanghai and prosecute in the high Court of Henan. "In the process of asserting rights, the Chongqing police always appear in time, so that we have to question the fairness and impartiality of the company." "According to the group, the first time they were raised, they were asked to cooperate with the investigation, and the police intervened again on the eve of questioning the Oriental Silver Star restructuring plan and holding its own shareholders ' meeting. And this has a negative impact on it, I hope the relevant departments can be verified as soon as possible, to give a fair and impartial statement. Guangdong HuanYu Jingmao Law firm Liu HuahaoThat both sides in the reporting and prosecution process, there are flaws. In accordance with the jurisdiction, the plaintiff in the proceedings shall be prosecuted in the court of the defendant in the case of the defendant, and the police may intervene in the registration of the company by the regulatory authorities. Although the case has been confirmed, the group does not recognize the company and Wang Yu suspected of committing crimes. The company said to the "first financial daily" that Wang Yu is not a shareholder of Henan Merchants Group, also not as the company's directors, supervisors, high positions, so the information disclosure process did not verify the disclosure, and before the capital market, the relevant personnel professional level to be improved. The person also said that the holding of Oriental Silver Star shares, the legal rights of shareholders. After the relevant matters have been implemented, shareholders ' rights and interests should still be advocated, including convening a general meeting of shareholders and submitting proposals to the general meeting. Today, there is still no sign of a stalemate. And the most injured, in addition to competing for both sides, may be Oriental Silver Star and minority shareholders. Photographer/Gao Yuwen
Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.