Zijin mining million shares after 6th resignation or to reduce the paving

Source: Internet
Author: User
Keywords Equity incentives Zijin mining
Tags close company daily economic news group market set set up set up now
Every reporter Zhangjilu recently, a group of fog around the Zijin mining (601899, close to 9.45 yuan) around, this month, 12th Zijin Mining 10 executives to the chairman Jinghe transfer shares 21 million shares, triggering a variety of market speculation, is a disguised equity incentive? Is the senior management to the cash?  Or is the price undervalued by executives? The supervisor of 10 senior executives Zheng Jincheng just 9.15 yuan to let the chairman of 1 million shares, the 17th this month Zheng Jincheng to Zijin Mining submitted a resignation report, has been approved.  What's the story behind Zheng Jincheng's resignation?  Zheng Jincheng has a limited capacity to take over millions of shares a researcher familiar with the Zijin mining brokerage said to the daily economic news reporter that at present, Zijin mining shares in all gold stocks are the lowest valuation, if the international gold price in the year to maintain more than 900 U.S. dollars/ounces above the high, the performance will increase steadily, the share price has a certain investment value.  The researcher said that the company executives to take stakes in the chairman may also be a long-term investment, supervisors Zheng Jincheng to obtain million shares immediately resigned, may be due to their own work and other factors.  Yan, a leading securities lawyer in Shanghai, said in an interview last night that the company's executives had the possibility of a disguised equity incentive to take ownership of the chairman. In the 10 executives to board the chairman of the 21 million shares, there are two supervisors, Zheng Jincheng is one of them.  Industry insiders believe that "equity incentive related Matters Memo No. 2nd" stipulates that the supervisors of listed companies shall not become the object of equity incentive, but Zijin mining in this share of the object of the shares of two people for the company supervisor, the above regulations or Zijin mining the launch of the "disguised" equity incentive plan for another reason. In addition, the ability of Zheng Jincheng to acquire the shares is doubtful to investors, To 9.15 yuan per share of the price of 1 million shares will need to spend 9.15 million yuan, reporter inspection of the annual report found that Zheng Jincheng since August 2006 as chairman of the company's Board of Supervisors, its 2008 annual salary of 113.5 (before tax) million, such as 2008 annual salary as a 3-year salary, then 3 years a total of 3.405 million yuan, tax and 9.15 million yuan transfer  Prices are far apart.  Yan also believes that the 9.15 yuan transfer price is relatively close to the Zijin mining market price, 10 senior executives do not need to pass the bulk trading system to let these stocks, they can completely buy in the market, do not exclude the actual transaction price, trading mode or trading time for these executives have some changes.  Other relevant information shows that Zheng Jincheng has served as Longyan's first and second NPC deputies, and has served as deputy director of the Shanghang County Finance Bureau, director, Shanghang County Deputy magistrate, although now resigned, but its official background is strong. or in order to reduce the paving market at the same time speculation, Zheng Jincheng resignation is to get rid of the shackles of reduction, can immediately set up now. Because the company's executives in the purchase of shares in the company, only after 6 months to sell the cash. If there is a discount in the transaction, Zheng Jincheng may be eager to set up now, and behind the Zheng Jincheng himself, but alsoIs Jinghe's chairman's plan for the cover-up?  Yan also believes that after the purchase of the company's shares in the vocational school, the selling time is bound, however, after the purchase of resignation can sell the company shares, this is a legal flaw in the market at present, does not clearly stipulate the company's main shareholders, directors, supervisors, senior management staff can not be set up after the resignation.  If the Zijin mining yesterday 9.45 yuan closing price calculation, Zheng Jincheng bought 1 million shares have benefited 300,000 yuan. However, all of the above is speculation, the truth has not surfaced, the daily economic news will continue to follow.
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