St FountainVest determined to rectify the burden of the million debt

Every reporter Wang Wenxian for a while before the uproar of a lot of debt disputes, yesterday, St FountainVest (600656, the former closing price of 4.55 yuan) announced the rectification plan, the company chairman Machong This commitment will bear billions of debt, but its repayment can be met by shareholders questioned.　　The notice shows that the MAI school honours will be released before June 30, 2009, the St-source holding subsidiary of the party Tatsu HuanYu for the Tatsu group and evergreen Home Total 4 Total amount of 51.2603 million yuan in debt and corresponding interest of the joint security liability, and to ensure that the other party will not achieve universal cause any economic losses and or responsibility. In addition, China High-Tech Investment Corporation (hereinafter referred to as China High-tech) sued Machong, Fonda Group, the transfer of shares between HuanYu, and its treatment plan was disclosed together. June 28, 2007, China Hi-Tech and Machong, Fang da Group signed the transfer of shares agreement, China's High-tech investment 94.5 million yuan respectively to achieve universal, Galaxy industrial city, Guangdong Prosperity Fang Tatsu Energy Saving Co., Ltd. 15% of each.　　Then, Machong will 94.5 million yuan equity transfer money donated to Fonda HuanYu. This year, China's high demand for wheat school hoon buy repurchase all equity, request the Wheat School honours refund 30 million yuan transfer, as well as in the square to 64.5 million yuan of the retention money. Clearly, the Machong agreed to China's high-tech requirements. As the transfer occurred before the listing, the 64.5 million yuan to be retained in the square Tatsu universal to become fans. And this time, the MAI school ribbon promised to be responsible for the Fonda HuanYu back to 64.5 million yuan before June 30.　　St FountainVest has sent a letter to Machong confirming its debt to the company. St Square source stock bar, there are shareholders on the solvency of Machong questioned, and invite other investors to inquire about Machong debt performance. In the Supreme People's Court website inquires the information of the executor, entered the name of Machong, then jumped out of 14 execution cases, including several cases showed the identity number of the party, and Machong the birth date of the domicile coincide. In addition to the completion of the implementation of the other cases are in the implementation of the time from the beginning of 2008 to April 2009, the subject matter from millions of yuan to tens of millions of yuan, the cumulative total amount of about 154.5 million yuan.