Changhai shares uncover mysterious shareholder background encroach on state-owned assets three companies

This newspaper reporter Wang Ligen last week about Changhai shares (300196) shareholder embezzlement state capital, evade to the Social Security Fund to transfer shares of the report published, caused the investor to Changhai shares of concern (original: Suspected to occupy state-owned companies operating Changhai shares listed qualification doubts). People familiar with the matter told reporters that the Changhai shares behind the strange holdings of "Jiangsu Wisdom Tak Investment Co., Ltd." (hereinafter said: Jiangsu Zhi De) and the actual control of the Ma Yunjin in Jiangsu Financial industry has a very deep background.　　At the same time, the widely questioned evasion to the Social Security Fund to transfer shareholding, the seizure of state capital, not just in the Changhai shares staged, in fact, the incident also involves the Ding photoelectric (002491) and Tin Rui Instrument (300165). Through further investigation, this newspaper reporter learned that in October 2010, the market-ding Photoelectric and January 2011-listed Day RUI Instrument, its prospectus disclosed in the information revealed that the shareholder level and Jiangsu Zhi De have countless links, but they are as far as possible to Jiangsu Zhi De background avoided, It is difficult to find out from the two companies ' prospectuses that the transfer of funds to the Social Security Fund and the seizure of state capital.　　To Changhai shares disclosed the prospectus, strange shareholder Jiangsu Wisdom is placed in the spotlight, it is difficult to understand the common sense of the transfer process is the ownership of the ultimate interests of the winners. Focus on Jiangsu Wisdom Tak Changhai shares, Qualcomm-Ding photoelectric and tin Rui Instruments, is three business lack of contact companies, if you must look for commonalities, then three companies are listed in Jiangsu, and this is the story of the first.　　If the prospectus of three companies were to be put together, careful investors would not find it hard to see that three companies were linked to Jiangsu Wisdom in their shareholder holdings prior to listing.　　The shareholder shares shown by the company's fifth largest shareholder, "Jiangsu Eagle Venture Capital Co., Ltd." (hereinafter: Jiangsu Eagle can hold 6 million shares, and Jiangsu Eagle's controlling shareholder is "Jiangsu Zhen Cheng Investment Co., Ltd." (hereinafter said: Zhen Cheng Investment), Zhen-Cheng investment in the holding shareholder for Jiangsu Zhi De.　　The prospectus of Tian Rui instrument shows that its fourth largest shareholder, "Suzhou Lofty Venture Capital Co., Ltd." (hereinafter referred to as: Suzhou Lofty) holds the 2.9 million shares of the day Rui instrument, and Suzhou Lofty largest shareholder for Zhen Cheng Investment.　　Changhai shares of the third largest shareholder, "Jiangsu Gao Jin Venture Capital Co., Ltd." (hereinafter said: Gao Jin Venture) holding a Changhai shares of 9.6 million shares, Gao Jin VC's controlling shareholder is also Zhen Cheng investment, the actual control side is the Jiangsu Zhi De. It is not difficult to see, Jiangsu Zhi De through the holding Zhen Prudential investment, and Zhen Prudential investment through the control of three different companies, respectively, holding the ding photoelectric, tin Rui Instruments and Changhai shares.　　Although the equity relationship is more complex, but the interests belong to Jiangsu Zhi De, and as the actual control of Jiangsu Wisdom de Ma Yunjin, it is the ultimate benefit winners. To Changhai shares of the issue price, as well as the tin Rui Instrument and the March 24 close of the close calculation, the equity market value of the total of 458 million yuanAbout。 Equity context So, MA Yun (column) to get the above 458 million Yuan stake, its initial investment and holding time how long?　　The answer is: 2 million yuan and one year holdings.　　In a year's time to achieve 229 times times the return, this is any investor can not reach the investment realm, to understand this capital surge process, you need to review the ins and outs of these equity.　　In fact, Zhen Cheng Investment was founded on December 18, 2009, Jiangsu Wisdom Tak was established in January 23, 2010, whether it is Changhai shares or the instrument, as well as Qualcomm-Ding photoelectric, its establishment and business development time is far away from these two time points. Zhen-Cheng Investment before the establishment of Jiangsu Province, Sasac wholly-owned subsidiary of Jiangsu High-tech Investment Group directly holding a 43.3% equity stake in Jiangsu Eagle to hold 58.88% of the equity. To on December 18, 2009, Jiangsu High-tech Investment group established a wholly-owned subsidiary to invest in Prudential.　　Since then in January 2010, Jiangsu High-tech investment group will hold its high investment 43.3% equity, Jiangsu Eagle 58.88% Equity Transfer to Zhen Cheng.　　to January 20, 2010, Jiangsu Zhi De Investment to Zhen-Cheng capital increase, after the increase in Jiangsu Zhi De Capital investment of 48 million yuan, accounting for Zhen-Cheng invested in the 54.55%, become a controlling shareholder, Jiangsu High-tech Investment group 40 million yuan, accounting for 45.45% of the registered capital. In fact, the "strange" characteristics of Jiangsu Zhi De is just beginning to appear, industry and commerce data show that Jiangsu Wisdom was established in January 23, 2010, and in the "birth" before it completed the investment of Zhen-Cheng capital increase, become a controlling shareholder of Zhen Cheng Investment.　　And, because of Jiangsu Zhi Tak Holdings Zhen Cheng Investment, leading to investment through the company's holdings of Changhai shares, Qualcomm-Ding photoelectric, as well as the nature of the tin Rui Instrument stock rights from the original state-owned shares of the property into a non-state-owned shares. What is the purpose of this series of mysterious, wealthy people with a deep background?　　At the time, Jiangsu Wisdom Tak founded the time of January 2010, is just the tripod photoelectric, tin Rui Instruments and Changhai shares three companies sprint time to market, Jiangsu Hi-tech Investment group at this time to pass out the interests of equity, as will be the hand of the sweet cakes handed to people, it is difficult to understand with common sense. In fact, in the tin Rui instrument as well as the Zhi De photoelectric prospectus, all pointed out the existence of Jiangsu Province, and explained the Jiangsu Zhi De to Prudential Investment control relationship.　　However, there is no further explanation for Jiangsu Zhi De, just simply called Jiangsu Zhi De as a natural person holding company, to prove the Non-state owned property. "As required by the prospectus, the background of the shareholders should have a detailed description, specific to the actual control person," a Shenzhen Securities investment bank manager Mr. Fan said, "in the actual operation, there will be issuers for various reasons to avoid this point, which often indicates that there is another article. "By continuing to track the background of Jiangsu Zhi De, the reporter found that Tian Rui instrument and tong DingThere is no reason behind the vague rhetoric of optoelectronics. When Jiangsu Zhi De was founded in January 2010, its initiator shareholder is natural person "Liu Zhihong" and "He Xiaoqing", respectively, capital contribution 75% and 25%, although the registered capital of Jiangsu Wisdom Germany is 5 million yuan, but Paid-in capital is only 2 million yuan. Six months later in July 2010, Liu Zhihong and He Xiaoqing respectively will be the original capital contribution price of 1.5 million yuan and 500,000 yuan transfer to natural persons Ma Yunjin and Suzhou Sunflower Investment Co., Ltd., because Ma Yunjin is also the controlling shareholder of Suzhou Sunflower, so Ma Yunjin to 2 million yuan control of Jiangsu Wisdom Germany,　　And then control Zhen Cheng Investment, and Zhen Prudential investment of the following three companies to gain control over 458 million of the equity. The reason for this bizarre transfer of control in Zhi De, Jiangsu Province, has not been explained in detail in the prospectus of three listed companies. Combined with the disclosure of Changhai shares and information from people close to Changhai, Ma Yunjin has a deep background in the financial industry in Jiangsu, the 38-year-old Ma Yunjin is also a number of jobs, in 2006 as Jiangsu Soochow Rural Commercial Bank (renamed as Suzhou Bank) Marketing Development Department deputy general manager　　2007 to date as the chairman of Suzhou Golden Sunflower Investment, Suzhou Golden Margin Venture Capital Co., Ltd. Chairman and 2008 to date, as the Chairman and general manager of Suzhou Securities Limited Liability Company, October 2010 to date as Suzhou Wuzhong District Golden Sui Rural Microfinance Co., Ltd. General manager. This means that Ma Yunjin, in addition to being the actual controller of Jiangsu Zhi De, also has 3 chairman titles, as well as 2 general manager titles, and his company, business is focused on investment, guarantee, credit and other financial sectors.　　The reporter tried to call Wuzhong District Rural Microfinance Limited, a manager surnamed Zhang to understand the situation, but the other side said it was inconvenient to disclose shareholder-level arrangements. In another detail in the prospectus of the tin Rui Instrument, also explained that Ma Yunjin through Jiangsu Wisdom Germany to obtain the original belongs to Jiangsu High-tech Investment Group of large stakes is not sudden, but early arrangements: the fourth largest shareholder of the "Jiangsu High Investment Enterprise Investment Co., Ltd." (hereinafter said: Jiangsu High Investment) 2.35 million shares of the tin Rui Instrument, Jiangsu High investment in the largest shareholder is Suzhou Cang Letter Guarantee Limited liability company, and Suzhou Cang Letter Guarantee Limited Liability company is Ma Yunjin through direct and indirect shareholding control company, which indicates that as early as in June 2009, Jiangsu High Investment and Suzhou Gao also shares the instrument, Ma Yunjin is already starting to have a plan to get a stake.