Tang June travel into the main Dahua construction executives frequent selling

More Play Network news Beijing Time September 18, from August 24 Tang June to the construction of the Great China (Caei) has been nearly 1 months, Dahua construction September 17 fell 2.6% reported 0.75 U.S. dollars, August 23, the closing price of 0.68 U.S. dollars, here, Dahua construction rose only 10.29%, This and Tang June on the day that 44% of the increase formed a certain contrast, on August 24, Dahua was close to 1 U.S. dollars for 0.98 U.S. dollars, because of the injection of assets, to the construction of the concept of Dahua, the market is more concerned about the United States will be able to take up a dollar, because on July 1, 2010,　　Dahua has been warned by the Nasdaq stock exchange for a prolonged period of less than $1 trillion, from July 1, 2010 to December 28, 2010, the company's common stock closing price must be higher than 1 dollars in a row for 10 consecutive trading days.　　Since the second trading day from Tang June, Dahua Construction shares did not continue the previous day's rally, but continued to slump, turnover began to resume the talk, the current stock of the historical average turnover of 145,000 (Tang June before the historical average turnover of 65,000, August 24 turnover of 1.2 million). I the U.S. stock site observation of the recent Dahua construction to the SEC submitted to the F-4 documents found, since Tang June's arrival, Dahua original large shareholder Crystal Art Glass project (Kge GROUP Ltd.) has been in the reduction of the shares of Dahua. The specific information as shown in the following table: Crystal Art Glass Engineering Co., Ltd. was founded in 1992, is the construction of Dahua building steel structure, peripheral protective structure of the design, production, installation of professional firms.　　According to the SEC documents disclosed, the company is by the original Dahua chairman and CEO Holding, Rough, Dahua original vice President Ning ye Ning and Tang Dynasty Nianzhong, respectively, holding 70%, 10%, 10% of the shares of Crystal Glass. In addition, the SEC's F-4 document explains that the Rough was sold to a private investor by way of negotiation.　　Details of the private investor are not yet disclosed in more detail. At present, Rough and other people through the crystal glass still holds the construction of 17708404 shares, and Dahua 25 million shares after the total equity of 80156899, so, Dahua's original management team through the Crystal Art glass shareholding 22.09%, and Tang June through the new crown technology is currently holding a proportion of 31.88%, As the first major shareholder; Beijing time September 13, Dahua construction appointed United Tour founder Leung as CEO, Dahua original CFO also left, the original U.S. market COO also left (ANDERSON CHARLES JOHN, He sold about 16,000 shares in the two-tier market on September 13 and currently holds about 180,000 shares, and two board members resigned as directors.　　Tang June began to Huara management team to replace the construction of the management team, but the current Leung and other people have the number of shares in the construction of Dahua, there is no public official information. At present, the market is more concerned about, tang June through the construction of the joint venture to borrow the shell after the listing, can be rid of the construction of China's stock price before the depressed state, when can regain a foothold of 1 U.S. dollars to get rid of the risk of delisting? But for now, the outlook is not rosy. For a currently no revenue product of the quasi-online games concept unit, and is a two-degree loan shell listed companies, the United States capital market does not seem to recognize, and Dahua construction of the original major shareholders are also frequent selling, further, involving Tang June how to coordinate the original Dahua construction and injection of the relationship between the joint tour. (Edit/Zhang Xing) statement: More play reproduced this article for the purpose of conveying information, in no way means that the more play to agree with their views or confirm their description.