St Flood two Masters appearance: Do not understand my equity is frozen

Source: Internet
Author: User
Keywords Equity national letter cable
In Nanjing, the United States Strong Special Steel Co., Ltd. (hereinafter referred to as Nanjing Beauty) photographed St Flood (000673.  Close to 7.69 Yuan after the more than 500 days, St water has been hoping that the Nanjing United States strong ability to structure "out". December 31, 2007, Shanhui and Nanjing, respectively, the United States to bid for the DA Tong Cement Group Co., Ltd. (hereinafter referred to as the water group) held 20 million of the St flood, 102.4 million state-owned corporate shares, Shanhui to take the stake in St Flood 9.61% stake in the second home. The above 122.4 million shares of the auction total price of 127 million yuan, 1.05 yuan per share.  Yesterday, St Waters closed to 7.69 yuan/share, Shanhui float has to 132.8 million yuan, but this part of the stake is suddenly frozen. Who the hell is Shanhui? 21 million investment 500 days on the back of 130 million yuan is hidden what?  "Daily economic news" to Jiangsu Yixing City of Guan Lin investigation, for you to uncover layers of veil.  "Natural person" Shanhui 21 million to copy the bottom St Da Shui Yixing, although small, but there is "China Cable City" title, mysterious "natural person" Shanhui that is hiding in this. "It is likely that the person in the information disclosure is Shanhui, the boss of the Jiangsu China Coal Cable Co., Ltd. (hereinafter called the Coal cable). "Just arrived at the local, Guan Lin Zhen news personage to" Daily economic news "reporter said," The official forest is very small, has the ability to buy 20 million strands of the Hui, Guenlin also this one. "Shanhui is the first time that China Coal cable Chairman Shanhui entered St flood notice in January 3, 2008. Shanxi Jin Tak Auction Co., Ltd. was commissioned by Shanxi Provincial High People's Court of Justice Technology Appraisal Center, the large water group held 122.4 million of the St flood of state-owned corporate shares for auction.  St Flood in 3 days after the announcement on the change of the controlling shareholder, it was pointed out that the Nanjing United States strong competition 102.4 million shares, accounting for 49.21% of the total equity, Shanhui 20 million shares, accounting for the total capital of 9.61%. St Flood on May 17, 2008, the simple statement of rights and interests revealed the only public information Shanhui so far: ID number, registration address, and means of communication.  And 2008 "Wuxi Double Top Ten" selection of public display, China Coal cable legal representative, Chairman and general manager of the same name with Shanhui, and St Flood Disclosure Information control, Shanhui Birth date, registration address are fully consistent. The daily economic news reporter then came to Jiangsu China Coal Cable Group Co., Ltd., No. 102th, New West Road.  Staff said that Jiangsu China Coal Cable Group Co., Ltd. has relocated to 200 meters outside the industrial C area of the site, and has changed its name to Jiangsu Coal Cable Co., Ltd. Wu Kai, director of the China Coal Cable office, told the Daily economic news that Shanhui was the boss of the coal cable, "but it can't be said that the boss bought the 20 million shares."  However, the Shanhui communication mode of St Flood disclosure is the registration telephone of the coal cable. 11th, China Coal Cable Chairman Shanhui finally accepted the "daily economic newWen "Reporter's interview, confirmed that he in the December 31, 2007 auction shot in the St water 20 million share." But his move was questioned by small and medium investors, why he can be 1.05 yuan/share bottom, just over 500 days float up to 130 million yuan? What is behind all this? In this respect, Shanhui said, auction is completely legal, "you can even in Yixing, Guenlin visit my reputation."  "21 million bottom st Flood path capital market speculation about Shanhui has never stopped. St Flood investors to the "Daily economic news" reporter said, st water restructuring continued for nearly 3 years to date, "Shanhui suddenly appeared in the auction, why he can 1.05 yuan/share the price of 20 million shares?" "Industry and commerce registration data show that Nanjing United States strong founded in September 17, 2003, for Sino-foreign joint ventures, registered capital of 17,599,335 U.S. dollars, legal representative Fu Yidong."  Nanjing Huahua Stainless Steel Trade Center accounted for 60.97%, and its actual control was for Ms. Fu Yanhua, the United States International Steel group accounted for 27.56%, Nanjing Flying Strong Building installation center accounted for 11.47%. Some investors pointed out that the St flood in the equity auction in Split or a deep meaning, "Nanjing, the United States strong auction has dug 100 million yuan, why should be left with a piece of fat to Shanhui, Shanhui is likely to be Nanjing U. "Nanjing US Strong chairman Fu Yidong 15th to accept the" Daily economic news "reporter interview and do not want to answer directly with Shanhui whether already met the problem," we are involved in the above public auction respectively. " Fu Yidong recalls that as early as June 2007, the United States in Nanjing with St Flood, large water group and the Datong City Sasac began to contact, "The auction base price is actually based on St water net assets level, so there is no price too low." "People familiar with St flood reorganization to the daily economic news," said the reporter, in Datong city Sasac, flood group and Nanjing, the United States to deal with, "Shanhui can be 21 million yuan in the price of the St Water 9.61% Equity, there must be some reason. Shanhui told the Daily Economic news reporter, Shanxi High Court issued a final ruling on April 3, 2008, ruled that the flood group held the St 20 million shares change to its name, "The relevant equity transfer was also completed in October 2008."  "News of invisible cable crocodile in the total assets of China coal cable more than 800 million yuan, the annual sales of 850 million yuan, Shanhui also confessed his family background, his wife is the cable faucet-Wuxi Jiangnan Cable Co., Ltd. (hereinafter called Jiangnan Cable) chairman of Rufford's daughter." Shanhui is 37 years old. Local familiar with his people to the "Daily economic news" reporter revealed that Shanhui father founded the coal cable predecessor-Jiangsu China Coal Mine Cable Co., Ltd. 1994, the 22-year-old Shanhui discharged to the Guan Lin. The same year, Shanhui into the local Shanghai Hu Xu Cable factory,The factory mainly produces cables for mining and mechanical equipment. As the coal industry in the last century 90 is still in the doldrums, Shanghai Asahi Cable Factory after the sale of cable, often pulled back is the mortgage of coal or credit. Shanhui in leading Shanghai Hu Xu Cable factory after 1994 years of the most difficult period of ~1997 years, officially as the factory director. Prior to Shanghai Asahi Cable factory mainly stay in Shanghai market, 1998 years later, the plant will be sales development to more than 20 provinces and cities nationwide. Combined with the coal industry since 1998 into the recovery and development period, Shanghai Asahi Cable factory into the 2000 after the annual output value of 80% growth rate.  October 2002, Shanhui officially took over Jiangsu China Coal Mine Cable Co., Ltd., as chairman and general manager of the Post, after the company's annual sales just over 100 million yuan. People familiar with the "Daily economic news" reporter revealed that Shanhui and Rufford daughter-Rui married, also get Rufford help and guidance, since this development more rapidly.  2006, Jiangsu Coal Mine Cable Co., Ltd. changed its name to Jiangsu China Coal Cable Group Co., Ltd., 2007, that is to create a total sales of 850 million yuan, the annual tax amount of 58.11 million yuan of the performance.  Shanhui equity sudden freeze Strange, Shanhui 20 million shares were suddenly frozen. In the latest public equity structure of the St flood, the Nanjing United States strong bid under the St Water 49.21% stake is still under the name of the flood group, as the flood group announced the bankruptcy as early as October 30, 2008, at present by the Datong City Sasac actually control the power of St Flood.  The 2008 annual report indicated that the 102.4 million shares held by the water group were frozen for a period of up to May 14, 2010.  Two St Flood 2008 Annual report revealed that the senior people's Court of Shanxi province issued a civil ruling March 20, ruled that the Shanhui held 20 million shares to be frozen, the freezing period from 2009 months March 30 to March 19, 2011. The freeze was more bizarre. "Daily economic News" inquires the above civil decision book, the Datong City Sasac is based on December 29, 2007 and Nanjing, the United States signed a reorganization agreement, to the higher people's Court in Shanxi province to Shanhui held 20 million of the stock application for preservation, the higher people's Court in Shanxi province according to the PRC Civil Procedure Law  94th, it is determined that the circulating shares of the 20 million limited conditions of sale held by the Shanhui shall be frozen. It is noteworthy that Nanjing in the United States after the stake and the Datong City SASAC, Water group signed a reorganization agreement to restructure the process, due to the flood group of workers and the history of the problem, St large part of the staff members of the family mood fluctuations, resulting in the Nanjing United States strong restructuring blocked and stranded.  Datong municipal Government, Sasac and the High Court in Shanxi Province communication, has not been issued to Nanjing, the United States strong share of the ruling book, Nanjing, the United States has not been able to handle equity transfer. "I can't understand why my stake is frozen by now," he said. Shanhui said he was not involved in Datong CityThe signing of the reorganization agreement between SASAC and the Nanjing United States, Shanxi ruled that the freeze was legally unreasonable. Shanhui said that the auction and equity transfer are completed in accordance with the law, "not because of the adjustment between major shareholders to interfere with the interests of small shareholders, I have consulted the High Court in Shanxi province, but they said that the need to communicate with the city of Datong Sasac."  "Daily economic news" reporter contacted the St flood and Datong City Sasac, but the other side did not explain.  Datong City Sasac will be the "two married" St Flood disclosure information revealed that the Shanhui 20 million shares of the freeze is likely to be the first step to recover the auction shares in Datong. St Flood notice pointed out that in order to ensure the successful reorganization of St water and the shell resources retained in Shanxi Province, the Datong government, the state-funded committee on the one hand, "leading through the introduction of Jidong cement and flood group to build cement production project, is responsible for the resettlement of large flood group workers",  And finally determined by Shanxi Province State Trust Investment Group Co., Ltd. (hereinafter referred to as the National Letter Group) Reorganization St Flood. It is reported that the Shanxi Sasac in September 2008 signed a letter of intent with the group, by the National Letter Group through the shell-buying restructuring St Flood. The above cooperation letter of intent: The original by the Nanjing United States and Shanhui shot of the St flood of the state-owned corporate shares transferred by the National Letter Group received, St flood all assets, liabilities, business and personnel all by the Datong government to undertake, the letter group to pay another 30 million yuan for the placement of workers.  St Flood disclosure, the National Letter Group in the acquisition of a holding right, the Shanxi International Trade Center of its subordinate to the integration of industrial assets into the St flood. Fu Yidong, chairman of the Nanjing United States, 15th to the "Daily economic news" reporter said, Shanxi High Court has 106 million yuan equity bid "forcibly returned", "Datong City Sasac, the letter group and our state-owned legal person shares the transfer of the negotiations have not been results, the other party does not agree with our claim for 30 million yuan requirements." "Fu Yidong said that after the St Water Stakes, Shanxi has been not to assist the transfer of equity," once raised the price, the main hope is to resell to the National Letter group. "People familiar with the matter pointed out that the December 31, 2007 auction, the big water group equity bidders in the conditions of the key is to be able to restructure St flood," is the Nanjing United States and the Datong City Sasac signed the agreement on December 29, so that Shanhui also have the opportunity to 1.05 yuan/share price of 20 million shares, Nanjing, the United States strong quit the St flood, Datong City Sasac naturally think of the Shanhui. "Equity dispute to be solved" Shanxi side after the auction and hope to leave the St water shell in Shanxi.  Shanhui told the Daily Economic news reporter, which eventually led to the current restructuring of St Flood. Fu Yidong, Nanjing's chairman, said that if the situation deteriorated again, certain legal measures would be taken. Peng Tianyuan, a senior partner and managing partner of the law firm in Shanghai, said that the Nanjing United States could submit to a higher court the enforcement of the Court's delay in assisting the execution of the issue, "through the prosecution process to determine the transfer of equityComplete。 "Nanjing, the United States can also apply for compensation, in respect of equity auction funds occupy, restructuring costs, can be damaged by the interests of compensation," which includes the loss of equity shares. "Unless the Shanxi side raised the issue of illegal equity auction," Shanhui in accordance with the procedure to obtain 20 million of the equity, it is not based on the above reasons to freeze. Shanhui said that because 20 million shares now in the lock-up period, "if the lock-up period, the other party will still be frozen, also take legal proceedings." "St Flood notice shows that the Datong City Sasac and the letter group on the St large water restructuring has not reached a final agreement, St flood directors 15th to the" Daily economic news "Reporter said that the reorganization of the matter is not yet made progress.
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