Shengyun stock executives frequently violate mergers and acquisitions or interest-related transportation

In Anhui Sheng Yun Machinery Co., Ltd. (abbreviation: Shengyun shares (market, inquiry)) Non-public issue shares and pay cash acquisition of Beijing Zhongke General Energy Environmental Protection Co., Ltd. (abbreviation: China Branch general) 80.36% stake, Sheng Yun shares but a succession of senior executives irregularities. Frequent violations of senior executives were investigated June 13, 2013 Sheng Yun shares announced that the company's senior executives Liu Yubin on suspicion of leaking insider trading information was filed by the SFC investigation. Deputy general manager of the company, Dong Liu Yubin June 9 received the China Securities Regulatory Commission Shanghai Inspection Bureau issued the "Investigation Notice" (Number: Shanghai Survey Tong Word 2013-2-No. 012), the notice is as follows: "Liu Yubin: Due to investigation needs, according to the" People's Republic of China Securities Law "relevant provisions, I will decide to investigate your suspected disclosure of insider information, please cooperate with me. June 17, Liu Yubin resigned as deputy general manager, director of the post, resigned after continuing to serve in the company, Dong Secret job temporarily by the Chairman Kai Xiao Sheng Agent. The SFC then carried out on-site verification of the Shengyun shares merger and acquisition reorganization. August 27, 2013 Shengyun shares issued a notice, the company's controlling shareholders, the chairman of the Board of directors than the August 22, 2013 to reduce their holdings of the company's stock 2 million shares, in violation of the listed company director, supervisors, senior executives in the event of the day or into the decision-making process of the day, to the legal disclosure after 2 No rules for trading company shares within the trading day. Shengyun shares on August 22 disclosed 2013.5 Annual report, Kai Xiao Sheng as deputy secretary of the Board of directors should not be uninformed, if really do not know, that Kai Xiao Sheng failed due to the responsibilities of the Secretary of the Board. May be Kai Xiao Sheng in the case of knowing that the violation would rather accept the punishment is still in the high stock price reduction, is forced to choose. September 3, the company issued a notice on the release of the shares pledge Kai Xiao Sheng. Mergers and acquisitions reorganization or interest-related transfer Although the shares of the public shares and pay cash for the acquisition of the Central Division GM 80.36% shares approved by the SFC will be implemented, but still can not prevent the market to the merger and reorganization of the question. In the 2008 years prior to the listing of Sheng Yun shares, the company has become a major customer of the environmental equipment of Sheng Yun (the prospectus is called the Environmental Protection of China Branch), and has made some contribution to the listing of Shengyun shares, and has cooperated on the field of MSW incineration. Shengyun shares in June 2010 after the listing of less than half a year on the share of General Motors, the same year in December Shengyun shares with super raise funds 36.3 million yuan, 22.05 million yuan and the general public joint venture Jining Zhongke Environmental Protection Power Co., Ltd. and Yichun Zhongke Environmental Protection Power Co., Ltd., Sheng Yun shares of 30%, 49% respectively. General Motors and its holding, joint-stock affiliates frequently related transactions, to the relevant parties to provide design consulting, patent use and sale of incinerators. MSW Incineration is currently the most prosperous industry in environmental protection industry, is the state to encourage support projects, because of the response to investment in the construction of garbage incineration projects, led the waste incineration engineering design and equipment enterprise development. What can not be overlooked is that, despite the state's introduction of relevant supporting governmentThe policy encourages the waste power generation project, but because the local financial subsidy is different or even difficult to put into place, the pressure of the EIA is big and so on, it still faces many uncertain factors. or therefore, the General Motors 2012 1 ~ September Consolidated Statements and the parent company's statement of business receipts have been reduced to varying degrees, and even rely on the disposal of assets to obtain equity investment income to achieve profits, profit, by the Chinese branch of the general assessment of assets to obtain value-added 197.81%. and the general disposal of assets to obtain equity investment income of 66.5052 million yuan, the main was May 2012 Shengyun shares with over 50.82 million yuan acquisition of the Sino-branch GM held by the Jining Zhongke Environmental Protection Power Co., Ltd. 40% shares, In fact, under the Merger and reorganization Scheme Sheng Yun shares acquisition of general assets will be the same increase in jining Zhongke Environmental Protection Power Co., Ltd. shares. Industry insiders believe that the purpose of the move is no more obvious, however, the merger and reorganization of the two sides in the transaction plan before the manipulation of the design to increase the profit of the target transaction to achieve higher value-added assessment, serious violations of the interests of small and medium-sized investors, or suspected transfer of interest. Again, it is puzzling that the central management, general manager of the gold but not in this merger and reorganization of the object, its holding shares did not convert into a listed company's shares, and before the merger of a large number of transfer stakes, like another capital market "live Lei Feng." Before the general assets of the division were injected into the Sheng Yun, Gold first in December 2010 by the Wang Xiuhong held in general GM 830,000 Yuan Capital contribution, Jiang Honghan 160,000 yuan, Chi Wenqin 200,000 yuan, Chao Junbin 200,000 yuan, Yang 200,000 yuan, July 2011 by Let Li Changqing paid-in 35,000 yuan of money, December 2011 by Let Shin, Li Ming each 50,000 Yuan capital, and in Sheng Yun shares mergers and acquisitions in the July 2012 gold before GM will again its holding of the general shares of 200,000 yuan to Yang, 160,000 yuan transfer to Jiang Honghan, 200,000 yuan transfer to Chao Junbin, 200,000 yuan transfer to Chi Wenqin, 150,000 yuan transfer to Zhou Tong, 830,000 yuan transfer to Li Jianguang, in September 2012 gold again to its general practice in the Division 170,000 Yuan money transfer to Yang, 50,000 yuan transfer to Sun Jingzhou, 50,000 yuan transfer to Goyouhi, 50,000 yuan transfer to Shong, 2 Million transfer to Lijian, 20,000 yuan transfer to Gao, 20,000 yuan transfer to Machangyong, 20,000 yuan transfer to Di Xiaogang, 20,000 yuan transfer to Zhou Yili, 20,000 yuan transfer to Shitzie, 15,000 yuan transfer to Sun Guangfan, 10,000 yuan transfer to Tri Shuying, 10,000 yuan transfer to Tang Xuijun. Gold, after the transfer of equity, as at September 30, 2012, in the evaluation report of the Sino-Union Assets Assessment Group Co., Ltd. held the general shares of 1.47 million yuan, accounting for the total capital of 22 million Yuan 6.68%, in the audit report of the international accounting firm held in China General stock for 1.945 million yuan, Accounting for 22 million yuan of 8.84%. Gold as general manager of China Branch has not been converted into a listed company shares, it is inconceivable that a large share of the shares should have been transferred before the general assets of the division were injected into the listed companies. In the merger and reorganization of the plan before the introduction, the general legal representative of the Chinese branch has been changed by Zhang Guohong to Shengyun shares of general manager Wang Shimin, and Sheng Yun shares IPO before the surprise stake in the share of the huge wealth of the IPO Li Jianguang, this time in the Sheng Yun shares of the acquisition of the general public before the July 2012 through the transfer of equity share of the general stock 1.3 million shares accounted for 5.91%. Li Jianguang who also, according to the reorganization of the plan disclosed Li Jianguang information, 2009 1 ~ December Chizhou Tianyuan Calcium Industry Co., Ltd. chairman and held 50% of the stock, December 2009 to date, Beijing born Tianyu Venture Capital company deputy general manager and hold 50% stake, He was a general director of China branch in March 2012, prior to its stake in GM. According to Shengyun shares June 2010 Prospectus disclosed Li Jianguang, 2007 has been Chizhou Tianyuan Calcium Industry Co., Ltd. Anhui legal representative, chairman. It is clear that two times before and after the shares of the Li Jianguang disclosure of information also appeared a different content. Shengyun shares the merger and reorganization and the development of the garbage incineration power generation industry looks like business transformation gorgeous transformation will usher in high performance growth, but there are still market analysts believe that Shengyun shares betting garbage incineration power generation industry is facing many difficulties, the future operation and performance still have many risks and uncertainties. Even more investors are criticized for the Shengyun shares of the merger and reorganization of the capital operation of doubtful, behind the scenes or secret.