St Mei Yan Space Power Project lost 10% of share capital investment rights sold 50,000 yuan

Source: Internet
Author: User
January 12, has just been notified by the Guangdong Bureau of the rectification of the St Mei Yan Notice, the company in 2011, the first provisional general meeting passed a 50,000 yuan transfer of Guangdong Golden Ball Energy Co., Ltd. (hereinafter referred to as Golden Ball energy) 10% share capital investment rights proposal.  The daily economic news reporter interviewed the listed company on the basis of the report six months ago, and this newspaper was indirectly confirmed by the company about the alleged fraud of the US Global Hydroelectric Company (hereinafter referred to as Global hydropower) six months ago. Large shareholder 50,000 to take over St Mei Yan's announcement disclosed that the gold Ball energy 10% of the equity investment right to 50,000 yuan transfer. And ready to take over Guangdong Mei Yan Industrial Investment Co., Ltd. (hereinafter referred to as Mei Yanshi) is the major shareholder of St Mei Yan.  The third quarterly bulletin shows that Mei Yanshi is currently holding St Mei Yan shares of 4.02% of the total equity of listed companies, is the largest shareholder of listed companies.  Golden Ball Energy is this project a golden doll or a hot potato? "Investment can not be without risk, the company has been more cautious, now it seems that the project of the Golden Ball energy has not brought economic losses to the company." At that time, the Board felt that the energy direction of investment and the company's main business is more consistent with the company as a follow-up to the development of the reserve to do, but has been no real investment. "St Mei Yan Dong Hu Suping in the daily economic news, said in an interview," We have communicated several times on the issue of funding, but the two sides did not reach a new agreement on the funding, so we decided to transfer this investment right. "Previously, according to the contract, listed companies and Global hydroelectric power joint venture to set up a golden ball energy, according to the contract, listed companies will be 19.72 million yuan after the investment of 10% of the gold ball energy."  However, due to the cooperation of the global hydropower failed to fulfill the obligations under the contract, the listed companies have not actually funded, the project has been shelved. After the transfer of capital to major shareholders, the project of the Golden Ball energy is to continue or die? "I don't know about that.  "Hu Suping said that the current investment in the Golden Ball energy has been transferred to the Mei Yanshi investment, in 50,000 yuan transfer funds to the account, the project and listed companies have no relationship, the future of the progress of the matter by the Mei Yanshi vote.  Regulatory departments to inform the rectification of the original Golden Ball energy Project signed, has long been doomed to this project today's embarrassing situation. The daily economic News reported in June 2010 that St Mei Yan: The three-alone Dongzeng against the global Hydroelectric project, had disclosed that the project had been opposed by three independent directors.  The company also said in a subsequent announcement that the company's independent director had voted against the principle of prudent investment because the project's partners were uncertain about global hydroelectric power and the scale of production to be achieved was uncertain.  But then, the listed companies have changed their tone, that after the relevant due diligence, access to the relevant qualifications, and verified that the company ultimately and the global hydropower to reach a cooperative intention. The matter has not been completed, the company's investment wasTo the regulatory department's bulletin. January 7, the Guangdong Securities and Regulatory Bureau in the St Mei Yan of the "inspection results of the notice" that the listed companies have not carried out in-depth and effective substantive investigation on the cooperation party's global hydropower performance capability and solar energy technology when they share in the establishment of golden Sphere Energy; the company's strategy committee has not considered the project in accordance with the required decision-making process, No objective, true and prudent feasibility study report is prepared according to the regulations of the Company's investment management system.  Hu Suping said the announcement was due to the failure of listed companies to disclose their objections to independent directors in a timely manner. In this case, the reporter contacted the Global water and electricity director, Asian leader Lin. Lin told reporters in a telephone interview, I did not take charge of the St Mei Yan the Golden Ball Project, which is another project team is doing, so I do not know the specific situation.  I am now in the National Development and Reform Commission approved the project, the global hydropower project has never stopped. When the reporter asked Lin fan Golden Ball Energy Project whether the National Development and Reform Commission and other substantive progress, Lin said, "No comment, you still see our company bulletin, or you ask St Mei Yan."  Then hurriedly hung up the reporter's telephone. This is the Securities and Regulation Bureau is not a standard investment projects, since the signing of the 2009 has not been any movement, so now the major shareholders of listed companies, whether the project has been investigated?  Hu Suping said that the company's major shareholders are of course to conduct a series of investigations, but the relevant situation is not disclosed.  At the outset, the "good" is suspected later, reporter to St Mei Yan minority shareholder is entitled to the Securities and Futures Commission Guangdong Securities Regulatory Bureau to inform the listed companies caused the share price fell and initially because the investment stock price rose company large shareholder position, collective rights issues, consulted the well-known stock market expert Pihai. "St Mei Yan is obviously a fraud, but the SFC is a small, trivial." The company can basically say that it is living by selling assets, often is to sell one to buy a (the previous period of time in the issue of the transfer of the stock rights of the GF, St Mei Yan on the existence of the problem of integrity), they are relying on the sale of assets to make the accounts flat, maintain the listing status, or early retirement. This enterprise is basically a finished enterprise in my eyes. "Pihai pointed out," St Mei Yan will gold ball energy 10% equity investment right to 50,000 yuan transfer to Mei Yanshi cast, in my opinion is simply send. "November 12, 2009, St. Mei Yan issued a notice, the company's board of directors passed the investment of 19.72 million yuan and the global hydropower joint venture to set up a golden ball energy resolution of the so-called good news, the company's shares rose, December 1, 2009, The company's largest shareholder Mei Yanshi investment but through the two-tier market to reduce the stock of 18.03 million shares, whether there is a false disclosure of suspicion? In this regard, Pihai pointed out, "now a A-share market many companies are doing so, on the one hand, make false positive, on the one hand, let the company's executives." In fact, they are the so-called positive for the high level of service. This situation, the creationAfter the plate will be more, said that the ugly point is a capital game. "" Now small shareholders if want to defend a bit difficult, because the right to a threshold is required by the SFC, whether the violation must be punished by the SFC can be made, if the SFC did not determine this thing violated which law, then punish it, shareholders rights can not talk about. It can be said that many things are not regulated in place. In foreign capital market, this situation can be achieved by collective action. So that a shares of shareholders can only rely on their own protection. "The news background claims to master the" Space solar Power Generation "mystery American corporate website does not have the English version claims to have" space solar power Technology "global hydroelectric power, successively in China and several counties and cities signed up to tens of billions of solar energy investment Cooperation Agreement. St Mei Yan also signed an agreement to set up a joint venture company Golden Ball Energy, to invest 200 million yuan to develop solar projects.  At the outset, however, three independent directors of St Mei Yan had voted against the global Hydroelectric Fund. "Daily economic news" reporter in-depth investigation found that the global hydropower unexpectedly and Yiyang a name Onelujiazui building one of the real estate is inextricably linked, Silver City One website registrant information as "Linguo-fan." Coincidentally, a director of global innovation Technology Limited, a global hydro-power company, is called Lin, and the English name is Lamkwokfan.  What is suspicious is that the American company's website has no English version, and no basic information such as company address and contact telephone. What is even more surprising is the global hydroelectric site's project-building column showing that global water and electricity in eight counties and cities have investment projects, the site also has a large number of news links, such as "Global hydropower to Zhanzhou study to invest in solar power", "The delegation was Zhanzhou party Committee deputy secretary, the city Standing Committee director Luo Shixiang and other leadership reception" and so on.  According to this newspaper, we found that the company's investment projects have no actual capital input.  Previously, the global hydroelectric director, Asia's head of Lin had told reporters that their project has been reported to the National Development and Reform Commission, but the reporter called the National Development and Reform Commission Energy Bureau, the relevant people said they have not heard of the "Space Solar Power Project", the NDRC also said "space solar power is not reliable Reporter on this matter interviewed the national Development and Reform Commission Energy Research Institute deputy Director Junfeng learned that space power is still imagination, space solar power station is currently limited to theoretical research and scientific hypothetical stage.

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