The total stake of Green giant shareholder is frozen by judicial freeze today

NetEase Finance December 23 News because of major issues did not disclose, green ground yesterday to apply for temporary suspension. In this respect, the company issued a notice today, the company has received a He Xuequ notice, the latter held a green ground 43,257,985 shares of restricted circulation shares (accounting for 28.63% of the company's total share capital) has been frozen by the public security organs in accordance with the law on December 20.　　The announcement did not disclose the specific reasons for the freezing of shares. In March 2010, the Green Earth was filed for investigation by China Securities Regulatory Commission for alleged information disclosure violation. Since then, SSE in July 2010 on the Green Earth "2009 Performance Notice, Performance Express disclosure violation", "2008 Annual report there are major accounting errors, the sale returned not to the account processing", "the 2009 Annual report related documents have many errors and omissions" and a series of issues to the company issued a ticket, The green land and corporate management were both publicly denounced and criticized.　　and the Green Earth 2009 years of repeated "face" of the performance of the small and medium-sized shareholders of the company's operating capacity has been widely questioned, including He Xuequ management has to hold a statement will be publicly apologized. The reporter noted that He Xuequ the above shareholding in 23 million shares had been pledged before, and some of them are He Xuequ through the pledge to the bank and for the Green land to provide loan guarantee. It is worth mentioning that at the end of November, He Xuequ held the green ground 3 million shares for listed companies to the Agricultural Development Bank to apply for 60 million yuan loans to provide a pledge guarantee.　　The amount of collateral pledged by the bank was increased to 4 million shares.　　In addition to the identity of the controlling shareholder, He Xuequ is still the chairman of the Green land, so this shareholding by the judiciary freeze will have an impact on green land financing, business management has yet to be observed. Today, the green earth to close the card is closed to stop, the deal is weak.