Run Bang Machine mystery shareholder 60 percent shares: or in advance to pave the road

Chen Jing State Heavy machinery of the IPO has passed the SFC issued a review committee, and a rich "myth". When it comes to the story of the rich-bang Machine, April 2009 and June Run State heavy machine Nantong Rainbow Heavy Machinery Co., Ltd. (hereinafter referred to as "rainbow-wave heavy Machine") of the two equity transfer or the "classic" case. "The first financial daily" reporter to check the state-run Heavy Machinery Prospectus Declaration (hereinafter referred to as "the prospectus") found that the two equity transactions a year ago was not to 60 percent of the value of the net worth of the deal.　　How would this be a "breakthrough" compared to the general situation of a listed company with a premium stake before listing? "Mystery" of net assets 60 percent shares in the prospectus shows that the Rainbow Heavy machine was established in March 14, 2007, mainly engaged in deck crane, "Jie Ma" brand lifting equipment, electrolytic aluminum cranes and other lifting equipment design, production, sales and service. August 24, 2009, the Rainbow-wave heavy machine changed its name to run state heavy machine. Prestige Industry is the company's main promoter, listed before the company held 56.5% of the equity.　　In the state-run heavy machine set up, prestige Industrial main business for equity Investment Management, its own not engaged in production and operation activities. April 29, 2009, the Prestige industry and Chenguang Investment signed the "Share transfer agreement", will be held by the 7.317% Rainbow Wave weighing machine shares to 10.0709 million yuan for the transfer of investment in the morning; June 12, 2009, prestige Industrial and Shanghai Italian Xuan signed the agreement on the transfer of shares, will be held by the 5.488　　% rainbow-wave weighing machine shares to 7.5532 million yuan of the price transfer to the Shanghai Italian Xuan. The prospectus shows that the 237.3826 million yuan was audited by the Hong Bo heavy aircraft on September 30, 2009. In this calculation, the corresponding net assets value of the 7.317% and 5.488% shares of the rainbow-wave heavy machine are about 17.3693 million yuan and 13.0276 million yuan respectively.　　In other words, prestige industry The two equity transfer of the transaction price is equivalent to 58% of net assets.　　Paving the road for early-nesting? How can the morning light investment and the Shanghai Italian porch get a 13% stake in a listed company at such a low price?　　This is from the 2 companies and run Bang Machine the first major shareholder prestige industrial relations. According to the company prospectus, Chenguang Investment is a company that is held indirectly by the company's core technology and key management personnel.　　At the same time, prestige industry holds a 31.222% stake in the morning light investment. Prestige industry was funded by Wu, Shixiao and Sha Mingjun three natural persons.　　Three people each hold prestige industry 1/3 of the shares. A broker investment banker points out that the "core technology and Key management staff" of the morning investment will benefit from the company's IPO by transferring equity to the morning light.　　This is also the usual practice of many listed companies. For three Wu, such as the indirect access to the listed companies through low price is also self-evident, but, because the IPO, the company's major shareholders usually lock regularly for three years, the small shareholder lock regularly is usually aYears。　　In the future, Wu and other natural persons through the Chenguang investment sleeve now, theoretically also exists in advance two years to achieve the convenience. 35 times times a year of wealth "myth" and the morning investment is different, Shanghai Italian Xuan from the surface but see no direct relationship with the prestige industry.　　The company prospectus shows that Shanghai Yi Xuan is an investment management company in Chongming County, Shanghai city. It is noteworthy that the Shanghai Italian Xuan This company is very "young", its establishment date is February 26, 2009, the shareholder is Li Yilei and Li Zhenping two people. After April, the company won a 5.488% per cent stake in the state-run machinery of the listed company, at a price less than 60 percent of the net assets.　　This is another "pen" of the story of the state-run heavy machine? Run state heavy machine prospectus shows that the company intends to issue 50 million shares, to raise capital of 949.35 million yuan. After the issuance of the company's total equity will reach 200 million shares. 2009 Run state heavy machine net profit of 158.3993 million yuan, before the issue of earnings per share of 1.05 yuan.　　According to the average distribution of the 40 times-fold price-earnings ratio, run state heavy machine price may be more than 40 yuan. According to the prospectus, prior to the launch of the morning Investment and Shanghai Italian Xuan, respectively, holding the state-run machine 9 million shares and 6.75 million shares. Reporters calculated that the value of this part of the stake will rise to about 360 million yuan and 280 million yuan respectively, in just over a year time on the value-added of nearly 35 times times.