The concept of the pseudo-hand tour of the "Joy" shares 510 million

To raise investment projects Tun land to sell the main industry, and its so-called hand-travel business more suspected of misleading investors financial weekly trainee reporter Dai Jianmin trainee reporter, Shenzhen city, reported in July, the city of Puning town, the heat wave, the rapid showers still can't drive away the hot air. The local listed company high-Joy (002348.SZ), but also because of its 3D, the concept of hand tour, large shareholder reduction and other sensitive issues, the face of the market to roast. High-profile into the hand tour of the high-joy shares doubtful. Financial weekly Reporter survey found that the latest announcement of the joy of the 170 million land buyers for the Yang Xibo, the invisible richest man of the family, which led to the complex relationship between the rich and many wealthy. The careless main business of the high-joy shares also have 4 pieces of industrial, warehousing and other land, its investment project progress stagnation reason, it is its want to hoard and sell. And the high-joy of the shares dong to the financial weekly reporter confirmed that its so-called hand travel business, in fact, is "the mobile phone card in the gun, when you move aiming at the time, mobile phone screen scene will also be followed by mobile." The gun is a product and the game is downloaded through the mobile app. "It has nothing to do with the traditional sense of mobile phone software development." Each step, is to carefully cooperate with the Yang's family's set out of the field. Since June this year, the actual control of the joy of the total set is about 514 million yuan. It is noteworthy that the high-joy of the company is the first half of this year in the forefront of ping an securities [micro-bo], accountants are notorious Pengcheng accounting firm. 170 million of the buyers, mysterious puning Rich holding regiment many people do not know, the joy of the toy Factory has become a commercial housing land, and in early July to a mysterious real estate company. June 27, the joy of the shares bulletin said, after the Puning Land and Mining Trade Center, the company agreed with Puning Hong Jie Sheng Real Estate Development Co., Ltd. (hereinafter referred to as Hongjie wins) signed the "Land Use Rights transfer Agreement" to 170 million of the price transfer its located in the Puning pool-tailed Street, New village Kwong da North Road, industrial land west. After deducting the relevant taxes and fees, the joy of the shares to achieve about 28 million yuan income. It is doubtful that Hongjie-sheng real estate company is a big shareholder is a Yang Xihong, with the joy of the shares shareholders, the chairman of the Board of Supervisors Yang Xihong namesake. The joy of the shares in particular in the announcement stressed that "Yang Xihong and the company's Board of Supervisors chairman Yang Xihong the same name of different ages." The joy of the shares Dong Yang Guangcheng also clear and Hongjie win Yang Xihong relationship, "our company's supervisor long Yang Xihong, no other investment outside." Hongjie wins Yang Xihong is not our company's supervisor long, if we really have the benefit of conveying, how can there be so obvious mistakes. "Who is the Yang Xihong?" Why the joy of the shares will be hoarding years of land transfer others, in the land price inflation trend, the yield is only 16.47%? At the end of July, Puning still has a heat wave. July 31, the financial weekly reporter came to the Puning, the pool-tailed Street new Village Kwong da North Road middle. The joy of the Hongjie to win the land is located on the west side of the road. The plot was one of theThe high blue metal was enclosed, and there was a locked iron gate in the southeast corner of the fence, looking through the door, and there were a few wooden huts on the corner with the Tin Woodman, but no one lived there. Into the fence, the most seen is the knee high weeds, the land is also rugged, there is a high uplift of a slope, there are dozens of centimeters deep puddles. "The fence was stopped one months ago," a nearby resident told reporters, "It's been empty for more than two years, and no one has ever worked here before." "And in the east of Guang-da North Road, with the land only one street separated from the ground, is the construction of the largest commercial housing residential Puning-run-Yu-king City." "Royal King City is two years ago began to develop, before and the high joy this piece of land is also empty, the first phase of the project reached more than 4,000 per flat, in our here is still relatively high." The aforementioned residents briefed the reporters. April 2011, the high-joy of the announcement will be the implementation of the two major investment projects to the Puning Pond Tail Street Pond Village plots, according to a nearby shop owner, this time coincides with the plot royal city began construction time coincide. "Imperial King of the city's development pushed up the nearby prices, the price, high joy has not been to develop this land, build factories." It is also expected to do real estate or other land appreciation, and then sell it. However, the land of the buyers still covered with a veil. Reporter according to Hongjie wins registration--Puning sand Changchun Road Gold leaf Garden Commodity Comprehensive market East 1th, came to the Golden Leaf garden market. The address for tobacco, medicinal herbs, vegetable distribution centers, shops for the sale of several commodities. "There is no real estate company called Hongjie. "A drug shop owner who has been operating for 10 years said. and a number of security, shop owners also confirmed to reporters, "has never seen this real estate company, and the Golden Leaf Garden Commodity Market, the name of the shop is also Chinese medicine, Eastern, the number of the way, and no East 1th of the argument." "At the same time, Yang Xihong also owns Puning Industrial development Company's shares, registered address in Hongjie next to the eastern side of the 2nd, Industry and Commerce data show two companies, the same telephone number, but the local store owner also said they have not heard of the company. Financial Weekly reporter then call Hongjie Sheng Company Online released contact telephone, but came a call Puning hung Fat Textile Company's welcome ring. Reporter investigation related industry and commerce data found, Hongfa long textile company shareholders also appeared Yang Xihong. This Yang Xihong is the seventh largest shareholder of the listed company in autumn. Qiu Sheng shares the prospectus, Yang Xihong and Mr. Ma Yizhong for years as a friend. Autumn Sheng shares is also puning local companies, has been through the meeting this year, the SFC IPO Finance Special inspection phase of the first batch was drawn, still in line. In other words, Hongjie sheng, Qiu Sheng shares, hung fat long textile company shareholder Yang Xihong is the same person. More coincidentally, the joy of the shares and autumn Sheng shares of the listed sponsors are Ping an securities. Two companies are in the same town. A local insider pointed out Yang Xihong's identity, "Yang Xihong, Yang Xibo is a brother, Yang Xihong fame is not big, but his brotherYang Xibo fame is big. Yang Xibo in our puning can be considered the richest rich. In Yang's ancestral home to the Tou Stone Bridge, a number of villagers to the financial weekly reporter confirmed this information. Who Yang Xibo? According to local people, Yang Xibo is the local invisible rich puning, in the local veins deep, "Even Kang Mei pharmaceutical industry, the Horse Hing field to let him three points." Public data show that Yang Xibo is the chairman of Guangdong Yue Tong Communication Co., Ltd., the chairman of every day fishing port hotel. In other words, the joy of 170 million stake in the project land behind the real buyers are puning invisible rich Yang Xibo family. Whether it is the Yang Xun family, Yang Xibo family, or autumn Sheng shares of the Ma Yizhong family, puning Rich have a complex business relationship. "The land was deserted before, and now it is flourishing." There is no loss of interest, because the company's main business is toys, if the company to do real estate, the external image will be more negative. Only by turning industrial land into commercial land will people be willing to take over. Upfront investment in money, because do not know at that time will change. "Yang Guangcheng said. Raise the investment project stagnation three years, intended to "hoard land" to sell land, it seems will become the normal. The other piece of land of the joy, new Liao Village Kwong da North Road industrial land originally planned for the listing of the project site, but soaring land prices let the company produced a "land sale" idea, long-term idle the plot, so that the joy of the stake in the investment project progress almost stagnation, the listing of the promised 2011 years of completion has passed two years. February 2010, the joy of the shares through the IPO raised 788 million funds. Commitment 234 million into the "electronic toys Production and construction project" and "new research and Development center project." June 1, 2012, the use of super raise funds to two projects additional investment of 207 million yuan, however, two years have passed, two projects progress far less than expected. "There have been a lot of changes around the site where the local government is unwilling to build a factory in this business district, and we have no construction plant," he said. "The joy of the shares Dong Yang Guangcheng explained." According to the local people said, the joy of the joy of the routine is very simple: through the listing of capital raising and listed company qualification to obtain a large number of industrial land, warehousing and logistics land, enterprise research and development land, and then through a variety of relations to operate, joint local "energy than the larger rich", the industrial land into commercial land, a few parties to negotiate and cooperate to profit. April 2011, the high-Joy shares announced that the two major projects will be the implementation of the site to change the Puning Pool Tail Street Tang Bian village plots. The plot for the company on December 30, 2010 through the Open auction method. Including this piece, a total of 4 land use rights to spend a total of 95 million yuan, all the funds from the company to raise funds. By the end of 2012, the Lego shares in the "electronic toys Production and construction project" Total investment of 60.9977 million yuan, investment progress 15.03%, and the commitment to invest 59.88 million of the "new Research and Development Center project" has not been cast. This year, a quarterly bulletin shows that the construction of the project than the beginning of the increase of 12.3698 million yuan, the company explained mainly to the investment projectIncreased capital investment. But even with this year's new investment in fundraising, the investment is only 15.7% at the end of the quarter. July 31, the reporter came to the new project implementation site, dozens of workers on the construction site, engineering vehicles are also more in and out, but there is no ground construction. Site staff, "the project started three months, did the land to calm down after work, now in the foundation for the factory." "When it can be completed," the staff said, "the progress of the project is affected by a lot of factors, bad judgment." "But Dong Yang Guangcheng is confident about the project," he said. "It can be done by the end of this year." "The higher-Joy share prospectus shows that its production and sales rate for 2006 to 2008 exceeded 100%, and that it reached 92.92% in the first half of 2009." However, three years after the listing, the joy of the commitment to invest in the project has been slow progress, but also affected its performance. For the June 2011 auction Three plots of land, the joy of the shares is for the capacity of the planning, Yang Guangcheng said: "These plots for the future of the plant to do reserves." Puning has developed rapidly in recent years, land scarcity, not you want to take it. These plots are for long-term planning. "Pseudo Hand Tour concept step-by-step alarming set of 510 million side is not the main performance of the toy industry is not good, while the big shareholders and senior managers." Joy is a typical family business, its shareholders Hong Kong Hing Cheong, New South China Industrial, New Hong FAI Industrial, Puning garden stationery companies are Yang Xun family members of the control of the enterprise, Yang family for the company's actual control, as at the end of 2012 still control the company 69.25% of the equity. Wind statistics, this year from June 5 to July 26, the actual control of the joy of the Family 7 times the cumulative reduction of 71.04 million shares, set now about 514 million, and its reduction path is more like a long cloth good bureau. June 5, the joy of the shares announced the establishment of Shenzhen branch, will carry out hand tour and 3D printing business. Affected by this news, the day of the joy of the shares without suspense limit. The bullish news pushed its share price up, while its original shareholders opened the curtain on their own holdings. The announcement indicated that Dong Yang Guangcheng on June 5 bulk reduce 10 million shares, set now 73.5 million yuan. July 2, high-Joy shares very timely launch of the performance Notice revision notice, the company's first half of 2013 net profit increase from 0-30% to 30% to 60%, the main reason for the report period, the transfer of land use rights to obtain greater returns. July 4, July 17, the major shareholder Hong Kong Hing-Cheong through a large amount of trading method total reduction of 37.36 million shares, set now about 256 million yuan. July 24, 25th, the joy of the two shares of the Shenzhen Company Progress Bulletin, July 24 Day, the joy of the shares in the 23rd on the basis of trading again. And the Yang family once again accurately in the company's high stock holdings. Announcement, July 25 26th, the company's shareholders Hong Kong Hing Cheong, New South China Industrial, Yang Guangcheng through a large cumulative reduction of 23.68 million shares, set is now about 184 million yuan. JoyStock shareholders this round of large-scale reduction, just happens in the company released good news to push up the stock price, the market for this many questioned voice. However, Yang Guangcheng denies this view, "the company's business is actually going to do, so to say." Rather than cater to the hot spot in the market, it has the ability to do so. Shareholder reduction is the shareholder's own demand, they have invested in the company for many years, the right time, when they need to reduce, it is their own personal decision. However, look at the joy of the report found that the joy of the shares about the hand tour of the description of the business is vague, the specific involved in the project, investment model, the future return on earnings and other substantive content are not mentioned. In this respect, Yang Guangcheng use game room shooting games to explain, "We are to apply this concept to the gun." Mobile phone LCD screen, is the game in a video, mobile phone card on the gun. As you move your aim, the screen scene on your phone will also move along. The gun is a product and the game is downloaded through the mobile app. "What we do is to extend the hand-swim function, and then, we rely on selling this hardware, the game is given to it." Through the entity to promote, to a certain extent, there will be new products out. "However, there is no doubt that the joy of the hand tour in the mouth, and the market on the general meaning of the hand tour is not a concept, so confusing the concept of hand travel, misleading market suspicion." "A game company executive who declined to be named told a weekly newspaper reporter.