Insider Exposure said St Hongsheng restructuring party for environmental protection of large state-owned enterprises

5th in Shanghai *st Hongsheng (600817) at the second general meeting of shareholders in 2010, a total of 9 bills on changing the company's domicile and name, determining the remuneration standards of the company's chairman, and reviewing the company's 2009 annual report were all approved.　　Tengzhong, director of the company, said after the meeting that this shows that the "shell" has become the most important today, the views of major shareholders and small and medium shareholders have basically reached a consensus. Reporters from the meeting learned that yesterday's 9 bills and the previous small and medium-sized shareholders are most concerned about the debt processing methods, the company's future restructuring of the basic plans and so there is no obvious correlation. *st Hong Sheng April 9 was suspended, if not until the end of the year to achieve profitability, will face the risk of delisting.　　However, according to a mysterious insider at the shareholders ' meeting yesterday, *st the reorganization of the party as an environmental-friendly giant state-owned enterprises, if so, *st the current situation or permission to reverse the bottom. "Shell" into the first priority from *st Hongsheng current largest shareholder in XI ' an puming logistics Trade Development Co., Ltd. 's shareholding ratio, the adoption of the above resolution should be a certainty. Yesterday, the participants and shareholders represented a total of 70 people, the effective shareholding of 48.5165 million shares, accounting for the proportion of total equity 37.69%, and ultimately the above 9 bills pass rate accounted for more than 74% of the total number of votes.　　Public information shows that Puming logistics holding *st shares accounted for 26.09% of total equity, accounting for the proportion of yesterday's effective shares of 69.22%, has exceeded two-thirds. Prior to the formal vote, the small and medium shareholders in the presence of "change the company's domicile," the bill raised greater doubts and objections. Guo Yongming, chairman of the company, said that the change of the company's domicile was to facilitate the liquidation of the debt and liabilities of the company, while alleviating the negative impression that the authorities had on the company's previous serious improper operation. Guo Yongming said that this is based on the company's "shell" this important goal and long-term interests.　　However, Chen Qingtao, the first shareholder in the stock market, reacted fiercely to the relocation, saying the securities Times reporter said the move had nothing to do with corporate restructuring and that the board had been perfunctory. The two session of the Board was still unresolved yesterday's meeting, with investors and the board debating two events. First, "After the return of the city, large shareholders can dispose of more than 30 million of the remaining movable and immovable property of listed companies" will be amended? The second is "is not yet a director of the two XI ' an plaintiff, the Shanghai Board of Directors to carry out the lawsuit" This practice is legal?　　In this respect, Guo Yongming said the above issues are not within the scope of the bill. For the above issues, reporters in the conference before the meeting had interviewed *st "former" board of directors, the person said, and the Xi ' an Yanta District People's Court to make the "dismissal of the lawsuit request" is related to the present company a corporate shareholder has been to Shanghai Pudong New Area People's court filed a lawsuit, To request a new judgment on the dispute over the validity of the annual general meeting. The reporter was informed of the Pudong New Area court acceptance notice, actually in the recent 916th The official issue of the month. The aforementioned "former" board of directors said that the basic fact is not clear, the puming logistics of the seventh session of the Board whether the legal effect is still not definitive. The legal profession, who declined to be named, also pointed out that residence is also located in Xi ' an personal complaint, the jurisdiction of the case in Xian, although the relevant court should be in the decision before the relevant corporate legal person as the defendant or to make it as a third party audit, there is some room for discussion, but since the above court has made an effective decision , the seventh session of the Board is free from the law itself.　　Reporter learned that the company's sixth session and seventh session of the Board has not publicly recognized the identity and status of the other party. The mysterious material person appeared at the meeting of shareholders it is noteworthy that a middle-aged man "mysteriously" claimed to have participated in the *ST reorganization after the vote was closed yesterday. He said that in the "multiple options" of the reorganization party, there is a "assets tens of billions of, annual profit of more than 700 million yuan of giant state-owned enterprises", but for confidential consideration, it is inconvenient to disclose the specific name and address of the state-owned enterprise. Later, the man, who claimed to be a shareholder representative and involved in the matter, said the giant state-owned enterprise was engaged in a "green and productive Goods project".　　Reporters at the venue observed that the vast majority of investors face the worry seems to swept, and the man around also gathered a lot of people snoop the news. Another person briefed on the securities Times said the man had appeared at the previous shareholders ' meeting, claiming to be a "LU lawyer" and proficient in legal matters, but yesterday he was the first to "disclose" the above-mentioned substantive information on the reorganization party.　　The annual profit margin of a large, green-class enterprise can generally reach about 20% per cent of assets, according to a person familiar with years of research experience in the environmental industry. The man did not disclose his name and contact details. After the meeting, *st Hong Sheng, "incumbent" Secretary Hui Gangyi on the phone, told reporters that he did not pay attention to this person and what he said. Hui Gangyi also did not comment on the specifics of the reorganization.