Haley's "late" announcement first joint venture to board?

Chen Jing Zehelide (002206.　　SZ) announced today the joint venture company's share transfer announcement or the breach of the company's investment.　　8-month profit of 1.3 million Yuan Hailey announced that the company intends to 43 million yuan price will be the joint venture company Taizhou COSCO Real Estate 27.8% Equity transfer to the actual controller. According to the bulletin, Hailey and Haining Trading Co., Ltd. (hereinafter referred to as "Huili trade"), natural person Gaolimin, Sun Yu signed the "Equity transfer Agreement", the company is to be held in cash to the Taizhou of Cosco 27.8% Equity shares to the above-mentioned three parties, the transfer ratio of 14.2%, 7.1% and 6.5% respectively, The transfer price is 21.964 million yuan, 10.982 million yuan and 10.054 million yuan respectively.　　After the deal is completed, the company no longer holds a stake in Cosco property.　　The assignee Fanggaoli not only for the actual control of the company, but also for the controlling shareholder and the actual controller of the Fang trade, and other shareholders in the trade of Huili and Gaolimin are all members of the immediate family or the senior management of the company. As of March 31 this year, the book value of Cosco real estate assets amounted to 149 million yuan, evaluation value of 155 million yuan. According to the ratio of 27.8%, the corresponding valuation value of the equity is 43 million yuan.　　Haley had a transfer price equivalent to a parity transfer, and Hayley had to be set up from the company to transfer less than 8 months, earning about 1.3 million yuan.　　Investment violations? Haley's announcement today may also reveal a listing violation: Listed companies are investing in joint ventures ahead of the board's approval. According to the January 13, 2010 of the third session of the Board of Directors of the 15th meeting of the resolution, the Board of directors passed the "on the company to invest in joint ventures to establish the bill."　　This means that the Board of Directors is programmed to agree to the incorporation of a listed company into a joint venture. According to Hayley's announcement, the joint venture established by the above shares is Taizhou Cosco Real Estate Co., Ltd.　　The January 15 announcement said that Hayley was at that time with the Yangzhou Cosco Real Estate Co., Ltd. and other three companies on the joint venture to establish a real estate company agreed, that is, the Quartet in cash RMB 150 million yuan to establish joint ventures, of which Hayley has to contribute 41.7 million yuan, accounting for 27.8% of the joint venture's equity. According to Hayley's announcement, Cosco property was established in October 2009. The board meeting, held January 13 this year, may be a formal notice of a company that was established 3 months ago.