Hunan Electric shares violate the promise of more than 40 small shareholder group rights

Promises are lost, they are not!　　Early in Hunan Electric shares (600416, close to 26.59 yuan to give up the preferred equity, the large shareholder Xiang Electric group publicly pledged to withdraw from the holding of the remaining 49% per cent of the electricity and wind power by 2010; When the company's rights issue was raised last year, major shareholders again made clear that it was planned to inject electricity and wind power into Xiang Electric. However, on December 29 last year, the Hunan Electric shares issued a notice that major shareholders are ready to withdraw from Xiang Electric wind power in the first half of 2011.　　In the face of the big shareholder's promises, the shares of Xiang Electric share fell rapidly, falling from the previous high of 30 yuan to 26.59 yuan yesterday (January 11). At the same time, small and medium-sized shareholders who suffered losses decided to act immediately. According to the "Daily economic news" reporter learned that the holding of Hunan Electric shares of more than 40 shareholders have formed a rights group, to require listed companies to compensate for their losses.　　Industry lawyers also said that the breach of the promise will directly lead to the interests of listed companies are damaged, shareholders can claim compensation. The large shareholder delayed withdrawing from the Hunan Electric wind energy data show, the Hunan Electric Power Wind was established by the Hunan Electric Power shares and the Japanese Harakosan production jointly funded, and each accounted for 50% equity.　　After the transfer of a series of shares, Xiang Electric wind power by the shares of Hunan Electric Power and its large shareholder Xiang Electric Group Holdings, both holding 51%, 49% equity. August 2009, Xiang Electric Group pledged to the end of 2010, the holding of all the shares of the Hunan Electric wind power to withdraw, no longer hold the power of Xiang Electric wind.　　August 2010, Hunan Electric shares "rights allotment" inside, the major shareholder further clarified that the way out of Xiang Electric wind power is to inject this part of the stake into the listed companies. At the same time, "Daily economic news" reporter in Xiang Electric shares in the 2010 issue of equity investors online exchange, the chairman of the Zhou Jianchong face investors, said repeatedly: "The company's controlling shareholders have pledged this (2010) before the end of this year, the wind power, we will soon start this work."　　"And as early as December 7, 2010, 8th," Daily Economic News "first published" Xiang Electric shares big shareholder capital injection commitment 24 days Countdown "," Xiang Electric shares year capital injection plan is difficult to achieve the lawyer said investors can claim "series of reports, said the big shareholder promised to inject electricity wind power in the year's plan or will be frustrated. Xiang Electric shares in the announcement issued on December 29, confirmed this newspaper before the judgment.　　December 29, Hunan Electric shares issued a major shareholder withdrawal from the Hunan Electric Wind power announcement, announced that Xiang Electric group in the first half of 2011 to complete the withdrawal of electricity and wind power, which compared to the previous commitment to postpone a full six months time.　　The breach of the commitment to the company very big "strive to complete in the first half of 2011" announcement, in an instant to make big shareholder commitment to scrap, at the end of 2010, the dream of capital injection vanished. By this blow, Xiang Electric shares Yixieqianli share price. Since the middle of December, the company's share price has fallen continuously, as of yesterday's closing, Xiang Electric shares reported at 26.59 Yuan, compared to December 22It fell 18.56%, compared with a 3.45% decline in the index. According to industry analysts, Xiang Electric wind is a very high quality assets, developed rapidly in recent years, with the second echelon of wind power enterprises to the first echelon development potential.　　At present, the main profits of listed companies are also from the Hunan Electric Wind. The analyst also said the delayed injection of equity had a significant impact on the performance of listed companies. Xiang Electric wind is expected to achieve a total of 5.5 billion yuan in 2011 of operating income, achieve net profit of about 550 million yuan, Xiang Electric shares hold 51% of the shares, can obtain a net profit of 280 million yuan. If the major shareholder withdraws from the wind power at the end of 2010, the company will enjoy a profit of 550 million yuan last year.　　But now big shareholders are breaking promises, so the 270 million yuan profit that the listed companies had earned over the last year was compromised.　　Small shareholder to take up legal rights protection of the large shareholder of Xiang Electric shares the practice of violating the commitment caused many small and medium-sized investors dissatisfaction.　　Recently, some shareholders to the "daily economic news", has summoned more than 40 small shareholders of Hunan Electric rights group, the hope that through legal means to defend their legal right, and the company to bring damages. Mr. Li told reporters that in the rights Corps, many shareholders are long-term investors holding Xiang Electric shares, they optimistic about the company's wind power business and waiting for the injection. Now the company has not fulfilled its commitment to shareholders irresponsible, dishonest performance.　　At present they are in contact with lawyers, and will submit written materials to the relevant regulatory authorities to ask the regulatory authorities to closely investigate and safeguard the interests of small shareholders. "I was in October last year to buy the shares of Xiang Electric, the reason for the purchase was the company chairman Zhou Jianchong in the allotment when explicitly referred to the end of the year before the Xiang Electric wind rights." As a retail investor, the only thing that can understand the company's situation is the company's public information, directed at this commitment I bought the company stock. Did not expect to the end of the year, the company said this thing can not be completed, I have a kind of fooled feeling, this integrity can not do, really let people chilling.　　Another investor, Mr. Zhong, told reporters on the phone.　　At the same time, a Chen surname shareholder said, has submitted a written complaint material to the Securities and Regulatory Bureau, the Board attaches great importance, will closely monitor the matter. In addition, "Daily economic news" also contacted the Guangdong Benniu law firm lawyer Guohua, he thought the case may involve two aspects of litigation: first, false statements. If the Commission and other organs make the administrative punishment to the false statement person, or the false statement person is found guilty by the People's Court, make the effective criminal judgment, the shareholder who suffers from the false statement can sue to the Changsha Intermediate Court of Hunan province for claim. Shareholders can now request the relevant departments to investigate and deal with the matter as soon as possible. On the other hand, due to the breach of the commitment of Xiang Electric group, Hunan Electric shares can not benefit early, resulting in the loss of expected benefits, so Xiang Electric shares may claim to major shareholders. Investors can also request Xiang Electric shares as soon as possible rights.