Huafang textile reorganization or suspended loan dispute exposed fraud bribery

Han Xun Assets Reorganization imminent, Huafang textile (600273. SH) was suddenly mired in a protracted loan dispute. October 17, Huafang textile issued "on the planning of major asset reorganization Progress Bulletin", said the company and the parties are actively promoting the work. And just before October 16, Huafang Textile released a notice about the progress of the lawsuit: the company recently received the High Court of Jiangsu Province (hereinafter referred to as the High Court of Jiangsu Province) to sue notice (2013) Su Shangchen Word number No. 466. Its content is "Zhangjiagang Huatian new material Technology Co., Ltd. (hereinafter called Zhangjiagang Hua Tian), Shoshiya and your business loan dispute case, (the other party) to Jiangsu Province Suzhou Intermediate People (hereinafter referred to as Suzhou) Court Civil Decision Book (2012) in the middle of the commercial end of the word No. 0565 civil judgment, to the High Court of Jiangsu Province to apply for a retrial and accepted.　　 "The news has cast a shadow over the restructuring of Huafang textile, which will directly affect the progress of corporate restructuring." New evidence appears the company was accused of bribery in accordance with the Huafang textile before the announcement, the company and Zhangjiagang Hua days of the loan dispute is already final, why at this time regenerating waves? The reporter learned that Zhangjiagang Huatian and Shoshiya already have new evidence, so put forward a retrial application. Huafang Textile Bulletin shows that Zhangjiagang Huatian and Shoshiya is now "the case of the first instance, the second instance undertakes the judge to accept the bribe of the Huafang textile, there is the situation of favoritism and law-ruling; Huafang textile the key evidence to the court-the ' loan agreement '-was forged; one or two the borrowing facts found in the trial did not exist; If the judgment of the second instance is in serious violation of the procedure, it shall be revoked; There are new evidence sufficient to confirm that there is no such thing as the "borrowing" of the former Huatian company, which is claimed by the Chinese Textile Corporation, to overturn the original judgment. "For facts and reasons, to make a retrial request." So, did Huafang textile ever bribe a judge and forge a loan agreement? Reporters yesterday to call Hua Fang Textile dong secret Office of the phone are no answer, Huafang textile Actual control people Qindah mobile phone in the shutdown state. "Obviously Zhangjiagang city is prepared, if there is no strong evidence or new evidence, the high Court of Jiangsu province for such a final case is not easy to accept." "A lawyer in Jiangsu told reporters that if the Huafang textile really exist in the announcement of the" bribery, forgery "behavior," the possibility of its major asset reorganization is very small, the SFC will certainly let Huafang textile deal with the loan dispute restructuring. " In the previous announcement, Huafang textile had not been sufficiently prepared for the mutation in the case. August 12, 2013, Huafang Textile issued a notice on the implementation of the outcome of the proceedings of the results of the announcement: "According to the results of the final decision of the Chinese Court of Suzhou: the defendant Zhangjiagang Hua Tian should return the plaintiff Huafang Textile loan principal of 12014291.74 Yuan and the fruits of 303426.13 yuan." The company has not received the money as of the announcement date. "The reason, Huafang textile at the time of the expression is" at present, the case of the Zhangjiagang court is still in the implementation process, isIn the evaluation stage of the equipment for the seizure of Zhangjiagang Huatian. "Is there any borrowing?" Mention of Huafang textile and Zhangjiagang Hua days of the loan dispute, the story goes back to 4 years ago. November 26, 2009, Huafang Textile subordinate holding subsidiary Jiangsu Li Tian New Energy Technology Co., Ltd. (holding ratio 70%, hereinafter referred to as Jiangsu Power days) funded the establishment of Zhangjiagang Huatian, registered capital of 10 million yuan, the main business scope includes lithium ion electrolyte research and development, production and sales. In order to solve the financial difficulties of Zhangjiagang Huatian Company, January 13, 2010, Jiangsu Force Days to convene a board of trustees to study the decision, agreed to Zhangjiagang Hua Day registered capital from the original 10 million yuan to 50 million yuan. Among them, Jiangsu force days to increase the investment in Zhangjiagang Hua days to 35 million yuan, accounting for its capital increase after 70%. Not half a year, Jiangsu power days to Zhangjiagang Hua days to the investment of Hua Fang textile to Zhangjiagang Hua days of direct investments. July 7, 2010, the second meeting of the Board of Directors of Huafang Textile fifth agreed to the above transfer decision. After the transfer is completed, the shareholder of Zhangjiagang Hua-Tian becomes the Shoshiya textile and individual shareholder, of which Huafang textile capital is 35 million yuan, accounting for 70% of registered capitals, and Shoshiya contribution of 15 million yuan, accounting for the ratio of 30%. Market investors originally expected Zhangjiagang hua days to bring profits to Huafang textile, Zhangjiagang hua days to the listed companies have brought about a lawsuit. According to the Huafang textile announcement, "from July 2010 onwards, Zhangjiagang Hua Tian for production and operation needs to Huafang textile loans." As of July 31, 2011, Zhangjiagang Hua days to the actual Huafang textile loans and principal balance of 17250468.04 yuan. "October 9, 2011, Zhangjiagang Hua Day suddenly notice Huafang textile refused to return the remaining loan principal and interest 12797962.94 Yuan, and request to refund 4 million yuan margin and request to lift Shoshiya and Huafang textile signed equity pledge agreement. Eventually the two sides were in court. July 2012, Zhangjiagang, the first trial of the lawsuit, the court decided that it "should return the plaintiff Huafang textile loan principal 12014291.74 yuan and fruits 303426.13 yuan". Due to the decision, Zhangjiagang China days of September appealed to the Suzhou Institute. The final result is that the Chinese court in Suzhou in April 2013 rejected the appeal of Zhangjiagang Huatian, upheld the original decision. Today, Zhangjiagang Hua Tian pointed out that Huafang textile loan agreement is forged, and once to the judge bribery, this dusty years of borrowing has not happened? If there is, why is it that Zhangjiagang China day after night to defend their rights and interests? If not, Huafang textile dares to forge a loan agreement and "against"? The lawyer told reporters that Jiangsu High Court will be held next week to hear the case, do not know if there will be a real answer. (Reporter email: hanxun@21cbh.com)