Gem Rich temple "Poor" Abbot 11 shareholder pledge 150 million shares to cash

Newspaper reporter Xia Huawang Beijing May 5, Jiangsu Jin Tong Ling Fan Co., Ltd. holding shareholder to the Zhongyuan Trust Limited pledged 17.5 million shares.　　Since April, there are 11 gem companies of natural persons to the financial institutions pledged equity, the intensity far more than the motherboard and the SME market, including those in the gem of the new rich, according to the Juli Financial statistics, the 11 gem company shareholders total pledged 150 million shares. April 18, Huayi Brothers Media Co., Ltd. founder Zhongjun 52 million shares pledged to the Bohai International Trust Limited, this part of the latest market value of 700 million.　　According to Zhongjun himself, the pledge is only his personal behavior, pledged funds will also be used for his personal affairs, does not mean that he sold shares, but does not mean that he is not optimistic about huayi future. April 20, Sunflower Solar Energy Technology Co., Ltd. 's controlling shareholder Wu Jianlong 5 million shares pledged to the Agricultural Bank of Shaoxing West Branch.　　Wu Jianlong directly hold 208 million shares of sunflower, accounting for 40.98% of the total share capital, the cumulative number of pledged shares for 61.5 million shares, accounting for Wu Jianlong Direct shareholding 29.48%, accounting for the company's total capital of 12%.　　Before the IPO, the major shareholder will make a commitment to not transfer or entrust others to manage their holdings or repurchase shares from the company within 36 months of the listing.　　The current GEM shareholders take turns to do equity pledge, and its commitment whether there is a conflict, or in the gem before the bursting of the bubble, from the bank to seek high position, if these natural person stake in the risk, will not pass to the two level market? April 28, Sunflower responsible for securities affairs told the "Huaxia Times" Reporter: "major shareholders in different periods of time to do a few equity pledge, but all in the Shenzhen Stock Exchange, and is registered in the clearing company, part of the personal equity to the listed companies to provide loan guarantees, Part of the equity pledge is due to my business needs from the bank loans. "People from Beijing Peng law firm are also looking at this phenomenon, he told the Chinese Times Reporter:" Equity pledge is the exchange value of the stock to the financial institutions, to banks and trust companies to borrow, and to ensure repayment within a certain period of time, the bank has a certain right, the loan expired not returned, the right to dispose of these shares. " "After the company listed, in order to ensure the normal operation of the business, there will be some restrictions on the equity liquidity of the controlling shareholder, because the change of the shareholding of the main shareholder will directly affect the stability of the listed company," he said. If these shareholders are short of money in other business, it is the only legal way to pledge the shares of restricted stock.　　"A year ago, very few people know that sunflower, the new energy company and Wu Jianlong, the Zhejiang people, since the sunflower landing on the gem last August 27, the stock market effect for the Wu Jianlong heap of 9 billion assets, the latest in the ranking of the rich, Wu Jianlong hold the stock market value reached 5 billion, ranked tenth. In addition to direct holding of sunflowers, Wu JianlongIt also has a pharmaceutical company that produces hepatitis B drugs, and plans to launch IPOs in 2012, and Wu Jianlong new projects in the restricted period are real. Peng said: "The natural shareholders of such companies lack of money, with stock pledge can exchange for a certain amount of liquidity, if the bank accepts the pledge, will estimate the market value of the stock, and make a lower discount." It could be between 50 percent and 70 percent. April 18, Leme pharmaceutical company's second largest shareholder Chu Wei will be held by the 2 million shares, pledged to the Zhongyuan trust. The two major shareholders of Leme pharmaceutical industry were Chu Yu and Chu Wei.　　Chu Wei holds 16.09 million shares of Lai Mei pharmaceutical industry, and currently has 10 million shares pledged. "Getting a loan from a trust company is more flexible than a bank loan, but the cost of interest is higher," says Peng. After the equity pledge is borrowed, the shareholder is only limited by the borrower, so long as the loan is repaid on time, it has no direct influence on the two market.　　"A year ago, one of the controlling shareholders of xinning logistics of the gem company, Suzhou Jin Rong will hold the 2 million stake to ICBC, and provide guarantee for the loan of the Industrial and Commercial Bank of China, Kunshan, Shanghai-Guang Automobile Electric Appliance Co., Ltd, and pledge period is one year, April 22 this year, Suzhou Jin Rong handles the pledge registration to Earlier, some market participants heard that some of the gem company's individual shareholders through a private agreement to sell equity, the use of equity pledge is also the way.　　This kind of story around the first landing gem of Huayi Brothers and other companies occurred, the first batch of gem listed companies are "high price, high P/E, high raise the amount of capital" typical representative. October 30, 2009, Huayi Brothers listed in the Gem, in addition to the holding shareholder Zhongjun, Wang Zhenglei Brothers, Huayi Brothers Top ten shareholders, but also gathered Ma Yun, Jason and other business stars, Huayi Brothers film Pillar Feng Xiaogang, etc. also hold millions of shares.　　The restricted period of these natural stockholders varies from one year to three years.　　The price of Huayi Brothers is 28.58 Yuan, issued a 69.71 times-fold price-earnings ratio, the market on the day when the shares soared to more than 90 yuan, and then began to enter a lengthy process of decline, at the end of 2009, there have been rumors that some of the Huayi Brothers to private-equity funds to sell shares, through the equity pledge contract, the Huayi Brothers As of April 28, Huayi Brothers share price of 13.85 yuan (except the right), and Ma Yun, Jiangnan Spring, Feng Xiaogang and other people, in a period of sale after the end of a substantial reduction of Huayi brothers stock. Ma Yun set is now 90 million yuan, Feng Xiaogang set now 46 million yuan. As the founder of the Zhongjun, Wang Zhenglei, because the stock restricted period of three years, the stock market value from the high return, in exchange for liquidity only to financial institutions pledged equity loans.