The clearing and reforming of St-Yin-guang-xia chuan Shandong Fengyuan coal-electricity backdoor

Yesterday afternoon, St Silver Canton Summer (000557, closing price of 5.59 yuan) was an emergency suspension, the reason is that the company's share prices may have a greater impact on the lack of public disclosure of major issues.　　That night, St Silver Guang Xia announced two big news: first, the court has approved the creditor application, Yin Guang Xia into the liquidation stage; In addition, the company claimed to be outside Shandong Fung Source coal backdoor rumors, due to the need for verification, the company from today (September 17) suspension.　　Due to the existence of positive, two consecutive trading days, ST Silver Guangsha stock price impact limit. Yin Guang xia into liquidation and reorganization rumors constantly, the lawsuit constantly St Bangungsha again received civil adjudication.　　September 16, 2010, the Yinchuan Intermediate People's Court issued (2010) Silver Bankruptcy letter No. 2nd Civil adjudication, the applicant Beijing nine know Bank Management Consulting Co., Ltd. (hereinafter referred to as Nine) to be the applicant St Yin Guang summer reorganization application. January 18, 2010, the applicant nine know to be the applicant St Yin Guang summer can not pay due debt, obviously lack of solvency, to the Yinchuan Intermediate People's Court to apply for the applicant St Yin Guang summer to implement the reorganization. The court reviewed that St Bangungsha had a debt due to the nine known bank, and that its financial statements to the public showed that its assets were not sufficient to liquidate all debts and that there was a clear lack of solvency. The applicant's application complies with the PRC enterprise Bankruptcy law. At present, the Yinchuan Intermediate People's Court has designated the establishment of Ningxia Hui Autonomous Region, the head of the liquidation group.　　St Silver Canton Summer officially entered the liquidation and reorganization stage. It is rumored that Shandong Fengyuan coal power backdoor in the disclosure of the company into liquidation and reorganization, St Bangungsha also disclosed the relevant rumors of the market. The announcement said that the company recently received telephone inquiries from investors, Shandong Fung Source is rumored to be the company to restructure, related shares are also rumors. In accordance with the relevant provisions, the Company will check the relevant situation.　　The company's shares have been suspended since September 17, pending verification of the publication of clarifications and implementation of the "Exit Risk Warning" bulletin to resume trading. The daily economic news reporter found that the company's performance has been poor as a result of the yin-guang-xia case. All kinds of rumors. According to the reporter rough statistics, including Qingtongxia Aluminum Group, Ningxia nonferrous, Ningxia Coal and other companies have been with Bangungsha, but ultimately nothing. It is noteworthy that all kinds of backdoor rumors are established in Qinghai Sasac is not willing to shell the loss of resources under the premise of the relevant gossip objects are also the company in Qinghai Province.　　This sudden out of Shandong Fung Source coal electricity to borrow shell, quite let a person some accidents.　　Data show that Shandong Fengyuan Coal is located in Zaozhuang, Shandong province, its own coal, electricity, cement, tires, coal chemical industry, biological and many other industries.　　The company's affiliates have been blamed for the Commission's condemnation. It is noteworthy that prior to the announcement last night, the Shenzhen stock Company issued two statements of condemnation of St Silver and Guang Xia. January 16, 2009, in order to compensate the related debts, St Silver Canton Summer will be the Capital Provident Fund directed to increase the shares24,944,668 shares transfer to Zhejiang long gold name. According to the agreement, Zhejiang Long Gold as a debtor should be in accordance with the original debt repayment plan to fulfill the repayment responsibility or the shares to the Agricultural Bank of China pledged. However, January 19, 2009, the Hangzhou Shangcheng District People's court froze Zhejiang long gold to obtain the directional increase of shares, resulting in the listed company security liability can not be lifted significant risk. Moreover, Zhejiang Long Gold did not inform the listed company board of Directors to fulfill the information disclosure obligation in time, violated the relevant laws and regulations.　　Yesterday, SSE to Zhejiang long Jin Yi and its legal representative Zhu Guan give public condemnation of punishment. January 20, 2009, Yin Guang Summer held 62% of the wine company's stake in Shandong province Binzhou Intermediate People's Court public auction. As the affiliated party of Yin-guang-Xia, the Sino-Union industry participated in the bidding and signed the auction confirmation contract with the auctioneer on the highest bid. However, the sale of the auction resulted in no production and management assets, and the formation of yin-guang summer and the Sino-Union trade between the related transactions, but the Sino-Union industrial participation in the brewing Company's equity auction and signed the sale confirmation contract, did not promptly notify the Board of Directors of Guangzhou to fulfill the disclosure obligations. According to the relevant laws and regulations, SSE to the Sino-Union industry, as well as the Liang, Ma Guoqing, Single River, when President Kim gave public condemnation of the punishment, and credited to the listed company integrity files.