Engineering to force S*st Heng Li to the Department of the expansion of the territory was unable to

A lawsuit notices the capital player's veil again. From the successful acquisition of Chengcheng shares (600247. SH) to curve control of the National Heng Railway (00594.SZ), four-dimensional holding (600145.　　SH), and then to join hands with Morgan Stanley into the giant field fund, the head into Green Wave price from 1 million yuan to 4.5 billion yuan of the creation of rich legends, the Department of the near-crazy Capital territory expansion, to leave the market ingenuity image.　　However, in June 23, 24th, S*st Heng Li on its and Shenzhen Zjy Industrial Group Co., Ltd. (hereinafter referred to as Shenzhen) legal disputes, two consecutive days of the announcement of the important issues, but revealed that the ZJY capital layout expansion has been from ingenuity into the dilemma.　　Super big Zhuang "fierce" barb suspend listing for nearly three years S*st Heng Li, since the Guangdong Jieyang extract Real Estate Development Co., Ltd. (hereinafter referred to as the real estate) at the beginning of 2006, after the failure of the share reform and large shareholder asset injection scheme has been tortuous. After the asset injection was rejected, S*st's rebirth became even more ill-fated.　　In order to resume the listing as soon as possible, toiled real estate to find the strength of the strategic partners to save S*st Heng Li is on the verge of bankruptcy.　　Last year, the Sino-extract real estate to meet the core companies-Shenzhen Zjy, the two sides signed on December 31, 2008, the Yueyang Heng Li Air-conditioning Equipment Co., Ltd. to Shenzhen ZJY (group) Limited public issues related to the issue of shares of the Framework Agreement (hereinafter referred to as the "Framework Agreement"). According to the announcement of S*st Heng Li, Shenzhen zjy obtained by means of asset injection, participation in the company's Non-public offering of shares in the name of the loan in advance of 10 million yuan in the property, Shenzhen Zjy to protect their interests, the request of the real estate will be its actual holding and control of the 35.04 million shares s*st, and asked S　　*st no contact with third parties.　　Mutation。　　In March this year, the Sino-extract real estate and Zhejiang Shangfeng Cement group contacts, in particular, the Yueyang government April 23 sent a high standard delegation to Shangfeng group visit, the Shenzhen technical feel angry, a paper petition will be in the house of Shenzhen Futian District People's Court.　　May 11, with the Sino-Extract property jointly listed as the defendant's S*st Heng Li received Shenzhen Futian District People's Court (2009) Deep Falfamin second words of the No. 2405 letter of notice.　　June 22, received the Guangdong province Shenzhen Futian District People's Court (2009) Deep Falfamin second first word No. 2405 Civil adjudication and other documents.　　According to the above-mentioned documents disclosed, Shenzhen Zjy's lawsuit request extracts the property to return the loan 10 million yuan, the compensation 10 million yuan liability for breach of contract, violates the eighth article of the Framework Agreement regarding "the uniqueness Guarantee" the stipulation, pays the liquidated damages 10 million yuan.　　The above lawsuit request for S*st Heng Li June 23 announced the important matters announcement content, and June 24 announcement, Shenzhen Zjy further increases and changes the lawsuit request. Increased litigation pleaseFor, the request to extract real estate, S*st Heng Li continued to perform the contract, with the Shenzhen Zjy completed the Yueyang Heng Li Company's reorganization.　　The change of the lawsuit request, the decree two defendants refund the loan sum 10 million yuan, the payment liquidated damages 20 million yuan, amounted to 30 million yuan.　　Shenzhen zjy Litigation Price escalation, its forced to extract real estate, S*st Heng Stand the intention of submission, so obvious.　　However, the Sino-extract property is not willing. S*st the first announcement of the disclosure, in the name of the Sino-extract property in the contract fraud in the names of Shenzhen, China, the reason for the lawsuit in the signing of the framework agreement, Shenzhen, in fact, no ability to perform the contract, after the signing of the agreement has not restored its ability to perform, and has been implemented with other aspects of the reorganization Its actions have constituted a fundamental breach of contract.　　At the same time, to stop the cooperation with the Shenzhen Zjy, and to assume the responsibility for contract fraud.　　Although the Shenzhen ZJY lawsuit request is aggressive, but the real estate counterclaim, unavoidably leave the impression of Shenzhen Zjy Coward, can not help but doubt whether Shenzhen city has the sustainable profitability of the assets to restructure in the peril of the S*st Heng Li.　　Quality asset Suspense This April, Shenzhen, a financial media published in the "Cheng Qingpo: Super Market transformation, said, as industrialists of the Qing wave popularity is not high, but as a capital player is famous, its control of the ZJY is Chengcheng shares, the state-Heng Railway and four-dimensional holding three listed companies of the controlling shareholder, known as the Super Big Zhuang.　　The report noted that the market downturn to buy corporate shares-arbitrage, premium injection and the boom period Sell-off-successful Republicans from the stable cash flow from industry, for the secondary and other capital players play a unique game. November 2006, Shenzhen-China railway will be profitable low quality assets-the Chinese iron (luoding) rail 59% stake in the transfer of 411 million yuan to Inner Mongolia Hong (now state-owned railway), by the market as a clear wave premium injection, the masterpiece of the boom selling.　　And its recent injection of Chengcheng shares in the charges business assets, the market has also been questioned the poor prospects for profitability.　　At present, Shenzhen Zjy and the Sino-extraction of real estate litigation disputes, further exposing its premium injection process problems.　　According to the announcement, shortly after the draft framework agreement was drafted, Chengcheng shares of Shenzhen Zjy Holdings issued a major asset reorganization plan on December 24, 2008. The study found that the "charging property" as stated in the notice was injected into the Chengcheng shares, Shenzhen zjy all the remaining assets and business losses are serious, Shenzhen ZJY does not have the ability to restructure a third person, as its concerted action, to choose to inject a third person's high-quality assets-Beijing Locke times Real estate, etc. have all been sold,　　It is impossible to inject the third person as the assets of Shenzhen Zjy. June 26, S*st Heng State Chairman Chen Shaobo told reporters on the phone, "the framework agreement" after the drafting of a project manager in Shenzhen with a listed company to Beijing, Shanghai, Wuhan, Hunan and other to inspect its name project assets, however, many so-called Shenzhen zjy name quality itemsAssets, it is impossible to provide the outside world to reflect their true profitability of the financial data.　　The most Chen Shaobo is that, when its team to Wuhan field visit to the site of a so-called Shenzhen-zjy hotel, the hotel staff not only do not provide relevant financial data, and even claimed not to know the people in Shenzhen, to stop it outside the door.　　In the Shenzhen ZJY Injection Project Inspection process, Shenzhen, the director of the handling of the company claimed that a hotel in Hunan to its all, but living in Hunan Chen Shaobo understand, that hotel property rights do not belong to Shenzhen. Looking back at the whole incident, Chen Shaobo told reporters, "Shenzhen Zjy has no quality profitable assets to inject into the listed companies, they are the first to take the shell resources of listed companies, and then seek asset targets."　　According to Chen Shaobo, Shenzhen Zjy has privately admitted that some of the assets to be injected at that time did not obtain legal property rights, the relevant procedures are being processed. On the afternoon of June 26, reporters on the Chen Shaobo reflected the situation to the Shenzhen zjy verification, a receptionist reporter said, the company all leaders are not in, such as leadership back to reply.　　The staff left the contact of the reporter, and promised to let the company in charge of contact with reporters, but to the deadline, not a Shenzhen zjy in charge of the reporter contact with this newspaper. The reporter inquires the specific office address of the Shenzhen Zjy, the location, the above staff formidable enemy, vague, soon hang up the telephone.