Green Earth Chairman all stake in the judicial freeze two consecutive fall stop

NetEase Finance December 24 Green Earth Chairman He Xuequ held the green Earth 43,257,985 shares of restricted circulation shares (accounting for 28.63% of the company's total share capital) has been frozen by the public security organs in accordance with the law on December 20.　　Yesterday, the boundless green Earth fell, today still open fall, the whole day has not opened the fall, closed to 30.89 yuan, the whole day only 29.29 million yuan. He Xuequ The media today that she is not willing to disclose the specific reasons for the freeze of shares, only that she is holding a stake in her company and is her personal asset, so no matter what happens, even if the public security authorities intervene, it is only her personal affair, and has nothing to do with the company,　　Will not have an impact on the day-to-day operation of the company.　　He Xuequ said that after communicating with the exchange, the company did not think it necessary to post a further statement on the matter. In March 2010, the Green Earth was filed for investigation by China Securities Regulatory Commission for alleged information disclosure violation. Since then, SSE in July 2010 on the Green Earth "2009 Performance Notice, Performance Express disclosure violation", "2008 Annual report there are major accounting errors, the sale returned not to the account processing", "the 2009 Annual report related documents have many errors and omissions" and a series of issues to the company issued a ticket, The green land and corporate management were both publicly denounced and criticized.　　and the Green Earth 2009 years of repeated "face" of the performance of the small and medium-sized shareholders of the company's operating capacity has been widely questioned, including He Xuequ management has to hold a statement will be publicly apologized. The reporter noted that He Xuequ the above shareholding in 23 million shares had been pledged before, and some of them are He Xuequ through the pledge to the bank and for the Green land to provide loan guarantee. It is worth mentioning that at the end of November, He Xuequ held the green ground 3 million shares for listed companies to the Agricultural Development Bank to apply for 60 million yuan loans to provide a pledge guarantee.　　The amount of collateral pledged by the bank was increased to 4 million shares. In addition to the identity of the controlling shareholder, He Xuequ is still the chairman of the Green land, so this shareholding by the judiciary freeze will have an impact on green land financing, business management has yet to be observed.