SST Autumn Forest share reform scheme just released deep Konka 80 percent sale provoked suspicion

As the SST Autumn Forest (600891, before the closing price of 11.92 yuan), the original shareholder, Shen Konka A (000016, closing price of 5.44 yuan) with its endure through the 14 spring and autumn. In the SST Qiu Lin just launched the share reform program, happiness is to Shen Konka a wave, deep konka a unexpectedly discount transfer of its holding a majority of SST autumn Forest shares, let market people surprised unceasingly.　　Although the deep Konka a gives two explanations, but its argument is difficult to convincing. The autumn forest reform Konka November 17, SST Autumn Forest suspended in half a month after the announcement of the reform program. The company's major shareholder Ben Ma Group intends to hold 59.9137 million shares of the company, accounting for the proportion of total equity of 24.5987%, transfer to the horse investment, the latter became the company's largest shareholder. At the same time, the company all Non-tradable shareholders will hold their shares, according to 10 shares to send 2.2 shares to the Yihe and gold directional Shang, a total of 25.1119 million shares.　　Yi and gold in the gold inventory assets and 82 million cash total of 348 million yuan to give the SST autumn forest, used to pay the cost of the share reform, the implementation of the Capital Provident Fund to the whole flow of shareholders directed to increase 38.8258 million shares. Obviously, the reform of the SST Autumn Forest is a significant positive. At present, the SST autumn Forest has been suspended, investors can not operate.　　But because Shen Konka A is the third largest shareholder of SST, many investors in the stock bar shouted "Buy the autumn Lin buy Konka", but who did not expect, things suddenly happened 180 degrees of the big turn. Yesterday (November 18) evening, Shenzhen Konka a issued a notice that the company on November 17 with the Beijing-Ding Biological Technology Co., Ltd. (hereinafter referred to as Bao Ding Biological) signed the "Share transfer agreement", the company will hold 8.45 million shares of SST autumn Forest (accounting for the total share capital 3.47%) transferred to the tripod life, The transfer price per share is 9.89 yuan, the total transfer of equity is 83.5705 million yuan.　　Bao Ding biological commitment to the shares will be implemented in the SST autumn Forest shares in the reform of the obligation to undertake. Five big questions deep Konka a suddenly transfer SST autumn forest shares, obviously big market unexpected. In this respect, Shen Konka a gave the explanation has two points, one is to recover the investment cost as soon as possible; the second is to promote the SST autumn forest reform work successfully completed.　　However, the above statement is doubtful. First of all, Shen Konka a transfer of shares at this time is "edgy", the company signed the transfer agreement is November 17, exactly is the SST Autumn Lin announced the plan of the day of reform. Transfer price of 9.89 yuan/share, is the current 11.92 yuan/share of about 80%.　　According to the Shenzhen Konka a three quarterly, the company's monetary funds as much as 2.7 billion yuan, the transfer of shares is clearly not because of lack of money. Secondly, if the company in order to "recover the cost of investment as soon as possible", why not sell late, not to sell, must wait until the reform of the plan to sell. As early as the SST Autumn Forest listing, Shenzhen Konka A on the list of its shareholders, deep Konka A can be transferred through the agreement of the way to sell SST Autumn forest, why stillTo wait for 14 years not to sell, this is the "cost recovery" can be explained by a sentence? Moreover, deep Konka a This is the transfer of SST autumn forest 8.45 million shares, the company also holds 950,000 shares. If we want to "recoup the investment", why do we still have a stake?　　Moreover, the bulletin shows that Shen Konka a investment of SST autumn Forest book cost only 9 million yuan, to "recover costs", why to transfer the value of the shares of more than 80 million yuan? In addition, although Shen Konka a will be due to pay the share reform of the price, its shares from 9.35 million shares reduced to 7.293 million shares. But the SST autumn forest is to hot gold jewelry company transition, which for the SST Autumn Forest is a long-term positive. The transfer price of 9.89 yuan/share, increase the total profit of 75.4368 million yuan compared with the long-term profits in the future, it is dwarfed.　　Konka Transfer shares at this time, in the end is cost-effective or not cost-effective? Finally, the company said the move is "to promote the SST autumn forest reform work successfully completed." Obviously, the 3.84% of the shares held by Konka is difficult to have a say in the share reform, why is the transfer of shares is "promote the share-splitting reforms"? Does Shen Konka a transfer shares have compelling reasons?