12 "puppet" shareholders latent United States holding insider

March 26 This year, the Chinese Securities Regulatory Commission Inspection Corps issued an "investigation order"-12 natural persons opened under the name of the securities account suspected of illegal transactions. The China Securities Regulatory Commission (CSRC) inspected the 12 natural persons suspected of trade irregularities listed in the Corps "investigation orders", namely Zhou, Zhou De, Zhou Qisheng, Zhou Jianxiong, Zhou Hongwei, Zhou, Zhou Shaohui, Su Xiaoyang, Su Xiaojing, Xu Weihong, Hu Cipe and Shoresan.　　Among them, Su Xiaojing, Su Xiaoyang, Zhou De, Hu Cipe 4 people as "." All the public information, the 12 seemingly unrelated people involved, is the United States holding this listed company.　　Starting from June 2006, the 12 people began to appear in the top ten circulating shareholder registers of the United States, which, for the next 3 years, were appearing on the roster of shareholders, holding or increasing or decreasing, hoarding a lot of chips, and the amount of wealth they "possessed" was astonishing.　　12 natural persons were standing in front of reporters in the "investigation", a Southern girl born in 1983, wearing an ordinary employee costume. "I won't tell you anything." The stock account is my personal affair and has nothing to do with my work.　　After listening to the reporter's intentions, the girl named Su Xiaojing specifically refused the interview. The dialogue takes place at the Futian District of Che Kung Temple Innovation Plaza, Room 1401, Shenzhen, Macronix (Hong Kong) Limited Shenzhen office. One day in April, when the reporter saw her, she was talking to a client.　　After the reporter explained the object of the search, Sue's colleagues called her out. Macronix (Hong Kong) Co., Ltd. is an electronic products company, the production of "industrial standard" nor flash and mask-type read-only memory, this is a very competitive industry, the profit has been "as thin as blade."　　From the Su Xiaojing in the company's seat and dress can be seen, she is just an ordinary employee. However, this year's 26-Year-old Su Xiaojing, in the middle of 2006 will be very expensive. The securities account opened in her name became one of the top ten circulating shareholders of United States Holdings, holding 1.29 million shares of the company, which was valued at about $7 million by the United States Holdings June 30, 2006.　　According to normal conditions, Su Xiaojing was at the time of graduating from college and was slightly nervous about the first job to begin.　　If it is not uncommon for a listed company to be the top ten circulating shareholders, then, as a stock market participant, a young girl after "80" is investigated by the securities regulatory authorities and can no longer be taken lightly. March 26, the China Securities Regulatory Commission inspectors issued an "investigation order"-the securities account opened under the name of the alleged illegal transactions, Zhou, Zhou De, Zhou Qisheng, Zhou Jianxiong, Zhou Hongwei, Zhou, Zhou Shaohui, Su Xiaoyang, Su Xiaojing, Xu Weihong, Hu Cipe and Shoresan, 12 natural persons on the list. Su Xiaojing is one of the youngest parties. Reporters through the relevant channels learned that, in addition to Zhou, Zhou De, Shoresan 3 people from Shenzhen, the rest9 per capita from Shantou, and belong to 5 branches 6 different police stations. Relevant sources told reporters that the 1985-born Su Xiaoyang use of a bank card left information for the Canton Industrial Finance office, he speculated that Su Xiaoyang is likely to attend the Guangdong University of Technology, is also just to participate in the work, the bank card for the school finance office for students. Another possibility is that Su Xiaoyang was working for the Finance department, but reporters asked the school's finance office not to have the person. After several setbacks, the reporter got Su Xiaoyang's phone.　　April 24, reporters call Su Xiaoyang, in addition to admitting that they are Su Xiaoyang, for specific identity and stock accounts and other issues have refused to reply. 1981 Born in Zhou De, household registration in Shenzhen Public Security Bureau Luohu branch Huang Bei police station.　　Reporters through the relevant channels, access to the Zhou De before the registration of mobile phone number, but when dialing do not find this number has been empty, and the number belongs to Hangzhou. According to the United States holding 2006.5 Annual report, at that time, Zhou, Zhou De, Su Xiaoyang, Su Xiaojing, Shoresan 5 people appeared in the company's shareholder list, of which Zhou held 2.16 million shares, Zhou De held 1.4 million shares, Su Xiaojing held 1.29 million shares, Su Xiaoyang held 1.275 million shares, Shoresan held 1.21 million shares. The 5-person total holds 7.335 million shares, accounting for 3.48% of the company's total equity. This is also in the CSRC Inspection Corps "investigation order" in the list of 12 people, for the first time in the United States Holdings debut. This time period, the fundamentals of the listed companies have a major change.　　[Page] from Shenyang new to United States holding in the middle of 2006, the United States holding a major event, that is, large shareholders through the agreement to gain the listed company's absolute holding power. Things from the beginning. United States Holdings formerly known as Shenyang (hereinafter referred to as "United States holding"), the main shareholder of the original Shenyang South Lake Science and Technology Development Group, holding 120 million shares of listed companies, accounting for the company's total share capital of 63.16%. August 15, 2004, the South Branch group and Shantou United States Investment (Group) Co., Ltd. (hereinafter referred to as "United States Group") and Beijing Hao Tian Investment Co., Ltd. (hereinafter referred to as "Hao Tian Investment"), respectively, signed the "on the Shenyang new State shares transfer Agreement", The group transferred its holdings of 55.1 million shares of the United States holding state shares (29% per cent of the total share capital of the United States) to the United States Group, transferring its holdings of 20.9 million shares of the United States holdings (11% per cent of the total share capital of United States Holdings) to the investment.　　The equity transfer per share price of 3.1 yuan, the transfer price of equity total of 235.6 million yuan, of which the United States group should pay 170.81 million yuan, Hao days investment should pay 64.79 million yuan. At the beginning of 2005, the Agreement on the transfer of equity was approved.　　After the transfer of the shares, the United States Group held a 29% stake in the United States, to become its largest shareholder, South Branch Group held 23.16% stake in the second largest shareholder position, Hao-day investment in 11% of the shareholding as the third largest shareholder. June 28, 2006, the United States group againand South Branch Group signed the "Equity transfer agreement", the former acquisition of the latter holding 44 million shares of the United States Holdings, accounting for more than 23.16%. The price per share is the same as the previous price, are 3.1 yuan, the total purchase price of 136.4 million yuan. As a result, the United States Group holds 99.1 million shares of the United States Holdings, accounting for 52.16% of the company's total equity, become its absolute holding shareholder (share reform after the proportion of shares down to 46.97%). Since then, the South Branch group has completely withdrawn from the listed companies.　　But it was not until March 5, 2008 that the company's securities were changed to United States holdings. Shantou Local market personage tells reporter, the United States group in the capital market unusually low-key, but its strength cannot be underestimated. United States Group is Susuyu, Su Chunchi mother and child control of private enterprises, for a collection of science, industry and trade in one of the large enterprise groups, operating areas involving real estate, thermoelectric, sports three major plate, the Shenyang Real Estate Industry Co., Ltd. is a strong local real estate development enterprises.　　United States group affiliated companies are not only in the real estate sector densely network, and its associated company business involving alcohol, cosmetics and other areas, including "Ya Qian" and other cosmetics brands are in fact all belong to the Sioux family.　　It is noteworthy that the list of 12 natural persons concentrated in the Soviet Union, Zhou, Xu surname, but dispersed in Shantou, Shenzhen City of several cities, I do not know is a coincidence or intentional. According to the introduction, the United States group registered in Guangdong Shantou, but its holding and equity subsidiaries are mostly distributed in Shenyang, Liaoning. In the United States group disclosed a number of subsidiaries, to engage in real estate and related ancillary business. As early as June 30, 2003, the United States Group and the Shenyang state-leaf Thermal Power Co., Ltd. jointly delisted by the Shenyang new North Thermoelectric limited liability company 81.76% of the state shares.　　It is said that Shenyang National Leaf is a subsidiary of Hong Kong United States in Shenyang. April 3, reporters to the United States group registered registered in Shantou Huanghe Road 27th, outside the marble, "United States Development Center" a few words unusually eye-catching. But in stark contrast, the company's door is always closed, the entire 5-storey building empty, 阒 no one. Security at the door told reporters that he also from other companies temporarily transferred from the guard here, the time just one months, wages are also issued by the original company. "From the time I came, no one in the building was working.　　A Dustman also told reporters that this year, there has been no staff access. Reporter then in shantou city Trade and Industry Bureau inquires into the registration data, the United States group registered capital of 143 million yuan, of which Susuyu the amount of capital contribution of 128.4 million yuan, accounting for 89.79%, Su Zhong The amount of capital contribution 14.6 million yuan, accounting for 10.21%. The company's establishment date is October 16, 1997, the business deadline is October 15, 2028. According to industry and Commerce information, the company's last annual inspection time is June 11, 2008. [Page] The eve of the reorganization of the surge buy as a unionOne of the conditions for the US group to enter listed companies is to inject quality assets. November 8, 2004, the United States holding Board issued a report on the takeover of the United States group to all shareholders, said that the acquisition of the completion of the year, the acquirer intends to restructure the United States holdings, will be engaged in the real estate business subsidiary of Shenyang Huaxin United States Property Limited equity assets,　　About 180 million yuan of the 21st century building and some plant assets that the United States holding holdings used for external leasing are equivalent to the value after evaluation.　　As a result of a major asset replacement, United States Holdings began trading on October 24, 2007.　　The day before the suspension of October 23, 2007, the United States Holdings rose 9.14%, closed at 14.81 yuan. In fact, prior to the suspension, the United States holding a different move. SSE disclosed that as of October 23, 2007, the United States holding three consecutive trading days closed price deviation of the total value of 20.44%, the cumulative turnover reached 29.31 million shares, the cumulative turnover of 404.9916 million yuan. The purchase of the top five sales department, including the state letter of the securities Shenzhen, nine road sales department, Galaxy Securities Shantou Hanjiang Road Sales Department, Guotai Shantou Jinsha Road Sales department.　　The Business department is so close to the source of the news-the United States group's base, dare to buy large, presumably not just rely on individual investors analysis.　　In early April, the reporter went to guotai Shantou Jinsha Road Sales department interview, but for that period of time is who in large buy United States holdings, the aforementioned 12 "on the list" of the natural person is here to open an account, the sales department staff are very secretive. According to the 2007 annual report of the United States holdings, as at the end of 2007 (because there is a period of suspension, in fact, as at October 23, 2007), the company's top ten circulating shareholders in addition to Beijing overflow Tatsu Technology Co., Ltd., the remaining 9 people are Zhou (4.8092 million shares), Zhou Qisheng (3.5526 million units), Zhou De (1.5033 million), Shoresan (1.4115 million), Su Xiaoyang (1.0203 million units), Zhou Hongwei (877,000 units), Xu Weihong (871,400 units), Zhou Shaohui (859,800 units), Zhou (844,800 shares). The total shareholdings of these accounts amounted to 15.7499 million shares, accounting for 7.5% of the company's total equity, and 14% of the current distribution plate (111.9 million shares).　　Clearly, these accounts are buying again on the eve of the restructuring. "These people are uniform on the list and there is reason to believe that the remaining 3 of the people surveyed by the regulator are certainly behind them, but not so much," said one senior market person. In this case, the possibility of belonging to the tractor account is very high. "Under the relevant regulations, the same actual control of the shares of listed companies if the total share capital of 5%, you must announce and suspend the purchase." "Now the common practice in the market is to diversify the holdings through multiple accounts to circumvent the lifting of the cards and avoidThe purpose of exposing identity.　　said the person. It is noteworthy that in the 2007.5 Annual report, the 12 natural persons did not appear in the top ten circulating shareholder position, they in the third quarter of 2007 also disappeared.　　That is to say, between September 30, 2007 and October 23, at least 9 of them were on a massive scale. Statistics show that in this period of time, the United States holdings of the increase reached 23.31%, turnover of 547330 hands, turnover of 704.4345 million yuan, hand-exchange rate of 53.9%, stock weighted average price of 13.04 yuan.　　This should also be considered the average price of their holdings. January 15, 2008, United States Holdings disclosed major asset replacement and targeted additional purchase assets plan, listed companies and holding subsidiaries of Shenyang Huaxin United States Asset Management Co., Ltd. merged holding Shenyang Hun South Thermal Limited Liability company 100% of the equity, As at September 30, 2007, the net assets without audit were 136.57 million yuan; The proposed placement and purchase of assets include Beijing Olympic real Estate Investment Co., Ltd. 95.5%, Shenyang Huaxin United States Property Limited 81.5%, Hunan State Surplus Real Estate Co., Ltd. 100%　　Equity and Kunshan Four Seasons Real Estate Development Co., Ltd. 100% Equity, the estimated value of the above-mentioned assets is 4.8 billion yuan.　　The plan disclosed that, in this transaction, the United States holding to issue not more than 400 million shares of a shares, to purchase the assets and put into the balance of assets, the issue price of 12.67 yuan/share.　　After the company's initial profit forecast, after the completion of the transaction, the United States holdings of assets will be greatly increased, profitability will be significantly improved, the company 2008 can achieve a net profit of 510 million yuan; the company also promised that if the reorganization of the listed companies after the completion of the net profit does not reach the forecast, then the United States Group in cash. After the announcement, the suspension has been a long time the stock also on January 16, 2008, the stock is even pull 4, the highest price reached 23.85 yuan. This rose by as much as 61%.　　[Page] Bitter wait for a year after the United States holding reorganization plan announced, struggling to wait nearly a year, the result is very unsatisfactory. United States Holdings December 30, 2008 disclosed that since the Board to make the above-mentioned resolution, the company has been actively promoting the process of the above matters. Due to the reorganization of a wide range of issues, the company and related departments, the relevant units have conducted a positive and in-depth communication. But up to now, the capital market environment has undergone major changes, the parties now agree that the objective conditions for the implementation of the reorganization plan is not mature, so the company decided to abandon the implementation of the program.　　The company undertakes not to plan the matter within three months from the date of the announcement of the resolution.　　and restructuring failure has been a precursor, in the above-mentioned plans disclosed a few days ago, the United States holdings of shares have been a decline, December 30 the day closed at 5.24 Yuan, the distance from the proposed price of the targeted 12.67 yuan has been far away. Market participants speculate that the assets proposed by the United States group are mainly real estateEnterprises, and in 2008 the real estate market is very depressed, corporate profitability is not optimistic. If these assets are placed in a listed company, but not a lot of profits, then the United States will need to make up a very large number.　　It would be better to put one aside for the time being. United States Holdings 2008 Annual report disclosed that during the reporting period, the company realized operating income of 197.89 million yuan, an increase of 25.52% per cent, to achieve net profit of 14.85 million yuan, the year-on-year growth of 9.6%.　　As a result of the lack of capital injections, the 510 million yuan net profit forecast in early 2008 was dashed.　　By now, the United States Group has promised "no major issues within three months," the deadline has expired, the market environment is also a sign of warming, the United States Group will be in the end when the restructuring is still unknown. However, the United States holdings of the above-mentioned natural shareholders chose to stick to the contrarian.　　United States holding 2008 quarterly, semi-annual, three quarterly, Annual Report, 2009 Quarterly bulletin revealed the top ten unlimited sales conditions in the shareholders, these shareholders did not change the shareholding, and as of March 31, 2009, the United States holdings of shares has been from the highest price of 23.85 yuan to 7.58 yuan. Those who did not assist the investigators will be taken accordingly. In early April, the reporter called the United States Holdings, asked whether the listed companies understand the Securities and Futures Commission investigated the 12 natural shareholders. But company personage tight-lipped: "We are not contacted, have never contacted, do not know them." "Then, the reporter calls again about one of the respondents Su Xiaojing, although she would like to know what the Chinese Securities and Futures Commission inspection Corps to her investigation means, what will face the" crime and punishment, but this person is still unwilling to respond to securities account issues. "I wouldn't say anything. If you come all the way to make a long distance call, don't waste the phone bill.　　The young girl told reporters. April 23, the reporter again came to Macronix (Hong Kong) Limited Shenzhen office, but Su Xiaojing chose to avoid.　　Her colleagues are the same young people. Although all the parties chose silence and invisibility, their "control" was very powerful. According to statistics, the current appearance of the natural person shareholders have been holding the United States holding a 14% of the circulation, if also with the United States group has been a total of days of investment holdings, they have controlled the circulation of 32.8%. [Page] Analysts point out that the 9 natural persons who had put up a big place on the eve of the United States group's asset injection were hard to justify not being the recipient of insider information.　　But in the ensuing time, they did not choose to profit from the end, but always adhere to the present, the reason is somewhat puzzling. The above people also stressed that these natural persons to advance and retreat, from the usual logic, they should not be strangers, not individual combat, but there is a unified scheduling, is likely a group of tractor accounts.　　China Securities Regulatory Commission Inspection corps since to investigate them, but also to explain the hidden mystery. He pointsAnalysis that, "from the current situation, the United States Group of the strength is very strong, Su's mother and son since there has been to the listed companies to inject capital commitments, it is bound to take action." How they will take advantage of the platform of listed companies, is not yet said, but there is a huge space for imagination. "The collective adherence of natural shareholders means that listed companies may also have more attractive themes in the future, and these do not look like 12 natural persons who can have huge investment capital, but are only" puppets "who have been chosen to stand in front of them,　　There is likely to be a hidden stakeholder in the background. According to the supervision of the Securities and Futures Commission inspection Corps, not before April 20, 2009 to the CSRC Inspection Corps to assist the investigation of the above-mentioned 12 natural persons, the inspection Corps will take corresponding measures according to law.