94.7 million shares reduce cloud top St Four-dimensional executive resignation paving the road to increase

Large shareholder change usually means good, but for St-four-dimensional (600145.SH), it is bad hit. December 20, 2010, St Four-dimensional disclosure of major shareholder change notice, potential major shareholder-Shenzhen de Gao Hui Ying Investment Guarantee Company (hereinafter said: Gao) 2 yuan/share of the plate price, coupled with its "shell company" identity, has let the two-level market investors cast as a note.　　and St-four-dimensional shares in the experience of December 21-December 22 after a sharp fall, until December 23 only slightly show signs of stabilisation.　　"Change" in the St four-dimensional, full of too many question marks-for the German high Hui why can low price, and St four-dimensional future will become a "mining stocks", the industry's argument mixed.　　But it is certain that, after the transfer of the stock right, the first major shareholder in Qinghai, and two shareholders of Shenzhen Yi Peak source will be the remaining total of 94.7 million shares empty, and St four-dimensional future is very likely to start the targeted additional fund-raising. 94.7 million share reduction countdown compared to the two-tier market on the 10 yuan/share price, this time in Qinghai and Shenzhen Yi Peak source of the transfer of 2500 shares in the price of only 2 yuan/share.　　Huge price difference let two level market suspicion, Germany Gao Hui and Qinghai, Shenzhen, the relationship between the peak source of profit is shallow. But the people of Chongqing brokers have different views.　　He is based on the transfer of shares in the three additional agreement, that is, in the implementation of the transfer agreement, Qinghai Gold and Shenzhen Yi Peak source in the holding of the St-four-dimensional lifting 6 months, reduce the remaining all the St-four-dimensional shares. "Once the transfer of equity, Qinghai Gold will be the remaining 48.179 million shares, Shenzhen Yi Peak source of the remaining 46.523 million shares, while the German high profit, although to 50 million shares to sit with the first major shareholder, but the number of shares between the three actually similar." Tak Gao Hui this request Qinghai Gold, Shenzhen Yi Peak source must hold the St four-dimensional empty, certainly is worried about the future at the shareholder level will be a dispute. This precaution is certainly not necessary if the three have a shallow relationship or even a concerted action.　　"said the people in Chongqing Securities. Although the reform has been completed more than four years, but the St four-dimensional 2010 Annual report shows that the first major shareholder in Qinghai, two shareholders in Shenzhen Yi Peak source of the St four-dimensional stocks are still in the restricted state.　　And the 73.179 million of the capital held in Qinghai can apply for circulation on November 9, 2009, but because it did not fully fulfill the commitment to share reform, it did not make up the reform commitment before the IPO can not apply for circulation. The failure of CICC to fulfill its share reform commitment is due to the 2007 "No distribution, no donation" of the distribution plan voted in favour of the vote.　　However, in Qinghai, the "big shareholder to make up for the implementation of share reform commitment plan" was approved by the general meeting of shareholders on October 12, 2010, so its hands on the St-dimensional lifting is just within reach.　　But no connection, why so low a price transfer? Market participantsBelieve that the gold in Qinghai, Shenzhen Yi Peak source is willing to transfer a low price, perhaps to wait for the future value of the remaining shares--March 2009 St Dongyuan (000656.SZ) reorganization, the original controlling shareholder will be part of the equity "loss" transfer to backdoor Fonginco group, but the remaining equity in the restructuring of the success of the market value rise,　　And then from St Dongyuan the whole body and retreat.　　However, from the market performance, St-four-dimensional shares in December 21-December 22 But a sharp decline, until December 23 only a little sign of stabilisation.　　The other thing that makes investors wonder is that St-four has been claiming to move to the mining industry, but the 50 million-share takeover has no mineral background. Public information shows that the scope of the business is mainly guarantee business, and no development, investment in mineral resources and other business. The total assets of Germany's surplus of 2009 years only 2.51 million yuan, until 2010 to increase rapidly to 613 million yuan, coupled with the lackluster main business income, net profit and other indicators, the market thinks it is more play a shell company's identity.　　In this agreement, the words related to minerals only appear in the Gao of the St-four-dimensional future has a significant impact on the arrangement, which refers to the Guizhou Yang Yang Mining investment company to provide 200 million yuan of financial support for Guizhou Yang Yang Mining investment company to acquire assets and equity of mining enterprises. Guizhou Yang Yang Mining investment Company is the St four-dimensional December 13 this year just spent 10 million acquisition.　　As the original 5 directors and 3 independent directors have submitted resignation report, Guizhou Yang Yang Mining investment company executive Director Yang Guorong, Guizhou Yang Yang Mining investment company manager Yang Qianghua has been among the St four restoration of a director candidate list. It is clear that the resignation of the St-four-dimensional directors is paving the road for future directional offerings.　　"said the people in Chongqing Securities. According to the administrative measures for the reorganization of major assets of listed companies, the current directors and senior managers of listed companies have been subject to the administrative penalty of the CSRC in the last 36 months or have been publicly denounced by the stock exchange in the last 12 months and shall not issue shares publicly.　　and St Four-dimensional existing many directors in February 2010 by the exchange publicly denounced, in April by the CSRC administrative punishment. and Shenzhen Yi Peak source and Tak Gao Hui, also agreed to the transfer of shares, in the transfer of equity agreement signed, if the St. four-dimensional non-public offering shares raise funds, Tak Gao Hui surplus to subscribe to the total amount of the four-dimensional shares issued 20% to 50% share.