Two successive presidents arrested after the joint trust

Source: Internet
Author: User
Keywords Chairman Lian Xin Yong Yi
"It time weekly" reporter/Ting (from Beijing) former head of the Chen Yu the storm is still spreading, the union letter to the new chairman was arrested.  Morale, fierce competition, the Union Letter Yong Yi want to turn over fear is not easy as if it was under the curse General, the Union letter forever has nightmares repeatedly. September 3, the Junior and Medium-sized Bureau of the Alliance Letter Yong Yi (002373.SZ) issued a bulletin disclosed that the company received notice of the relevant departments, the company chairman, general manager Peng for bribery of suspected units, has been detained by public security organs. It is less than 1 months from taking office.  Even more surprising to the industry, Peng was the second chairman of the company's successive accidents. The letter of the Shen in the March 18 this year only landed on the SME board, after only 10 trading days, April 1, the company on the proposed disclosure of major matters suspension. April 2, the company said that when the Chairman, general manager Chen Yu because of suspected unit bribery crime, by the public security organs in criminal detention. Peng is responsible for chairman of the board.  August 6, the company board meeting formally elected Peng as chairman, for a term of three years. "We are not clear on the case, it happened too suddenly, but the company will promptly disclose information." Now we are waiting for further information. "After the incident, the letter of the permanent interests of the international response."  They also announced that the board will convene a meeting in time to elect the new deputy Chairman, the general manager of the bill. The chairman was arrested in succession. Beijing Union Letter Yong Yi Technology Co., Ltd. was founded in December 2002, its business covers the industry application software development, computer information systems integration and professional and technical services three major areas.  Customers mainly focus on domestic telecommunications operators, tobacco, government, electricity and medical and other industries. The company has been listed at the beginning of the market has been placed high hopes, mainly because it is backed by two big trees, one is the famous Lenovo Investment Co., Ltd., Lenovo Holdings of its special venture capital business subsidiaries, and the other is a monopoly of the industry Beijing Telecom Investment Co. The two companies, which are the second to third largest shareholder in the Union, are 14.7987 million shares and 13.0487 million shares respectively, with a share of 21.59% and 19.04% of the company's total equity.  Because there is this shareholder pattern, the company name "Lian Xin" two words are also suspected by the industry as a separate word in Lenovo Group and Beijing Telecom. Relevant data show that the company founder Chen Yu in 1987, the associate director of the Research and Development Center, Director, Research and Development center, general manager and other positions; 1996 left Lenovo, with the partners to create Beijing Heli Jinqiao System Integration Co., Ltd., and in June 2001 in Hong Kong successfully borrow shell listing; At the end of 2002,  Chen Yu founded Lian Xin Yong Yi, as president and ceo;2010 year March 18, Lian Xin Yong-yi in the Shenzhen SME board listing, Chen Yu transferred to the company chairman and general manager. On the day of the listing, the company's permanent interest in the letter 47.93 yuan, more than 28 yuan price premium of 71.18%. At that time, Chen Yu a total of 18.2534 million shares, holding a ratio of 26.64%, for the company's largest shareholder, Chen Yu more easily than 900 million yuan worth. Short-lived, Chen Yu struggle to realize the billionaire dream, only in a short period of 10 days will disintegrate.  March 31 Two o'clock in the afternoon, Chen Yu also chaired the board meeting to pass four bills, but 6 o'clock in the evening by the Public Security organs "unit bribery crime" as the basis of criminal detention.  9 o'clock that night, the Union Letter Yong Yi held the 20th meeting of the Board of Directors, elected Director Peng Agent to exercise the responsibilities of Chairman, August 6, Peng was officially elected chairman.  In less than one months, Peng was arrested on the same charges as Chen Yu. Mysterious backstage "The Union letter perpetual benefit successive accident, with the telecommunication operator's IT project related, exactly, with the Unicom group is being investigated the vice-president to have the close relation."  "An IT channel trader who has been in contact with the letter's Wynn for many years tells the IT Time magazine. In January this year, there have been news that China Unicom senior Vice President Zhao Jidong was taken away by the relevant authorities 12th to assist the investigation. Zhao Jidong is said to have a close relationship with China Mobile's vice President Zhang case. "Zhao Jidong is the backstage of the Union letter forever benefit." Zhao is currently being investigated, he Chen Yu and Peng also implicated in the.  said it channel business. Our reporters after many visits to know, Zhao Jidong before the Beijing branch of China Telecom as general manager, the company as a corporate investment, and Zhao Jidong has been closely linked. In the Zhao Jidong of the official network, the title is "Beijing Telecom general manager of the end of the year to the Union Letter Yong Yi Company" information clearly visible. In addition, Chen Yu and partners to create the Beijing Heli Jinqiao System Integration Co., Ltd., also by Beijing Telecom's Beijing Heli Telecom Group chairman and general manager Ma Hongyao investment. The above it channel business thinks, the resultant force Jinqiao is short time internal energy grows and grows, completely relies on Beijing Telecom's partial monopoly business.  And since Zhao Jidong as China Unicom's senior vice president, the Union letter Wynn won a lot of business from Unicom. It is evident from the earnings reports of the company that the amount of related transactions that occur between China Unicom and its controlled companies is extremely high.  2007, 2008 and 2009, the company's sales to China Unicom are 375.6518 million yuan, 404.0895 million yuan and 366.5315 million yuan respectively, accounting for the current main business income of 71.77%, 63.83% and 52.18%. Often walk along the river, where there is no wet shoes. "The business of the company is basically centered around the scope of individual executives of telecom operators, and there are some covert transactions." Peng's detention after taking over as chairman of the Chen Yu does not mean that he has a ' unit bribe ' after taking office, but that he has already touched the law before working with Chen Yu, but has just now found Peng.  said the IT channel. Shanghai a long-term interest in the company's private equity fund manager said that the first Chen Yu for the alleged unit bribery crime by the Public security organs, the message for the Union letter ForeverBenefits, and not only the Chairman, the general manager can not steer the operation so simple, this "unit bribery crime" is the main body of the listed companies themselves.  Perhaps in the future for a long time, this charge will be like a handle hanging in the head of the sword, at any time may fall in the Union letter forever, the company has been judicial punishment.  The private equity manager also told our correspondent that the Chen Yu was Manter after the event and that many lines of business were affected. As a veteran of telecom it business, Chen Yu is the best market director of the company, which relies heavily on personal connections and operations. The private-equity manager asked: "You want to, when Chen Yu himself to the unit bribery crime was detained, there are several units, which leaders dare to give the new business to the union letter forever?" "The IT channel trader said that with the collapse of the background and the arrest of Chen Yu, the company could no longer rely on a single operator to carry out its business, and the decline was entirely expected."  August 28, the letter of the eternal benefits of the publication of semi-annual reports, although the company realized operating income of 255 million yuan, the loss is still up to 6.7455 million yuan.  Previously, the company's performance in the market after the IPO, the pace of change is called "Lightning", set a medium-sized board company performance face the fastest speed. In the first quarter of this year, the company's operating income decline in the case, net profit is significantly lower. During the reporting period, the company's revenues fell from 123 million yuan in the first quarter of last year to 117 million yuan in the first quarter, down 5.06%. Over the same period, net profit attributable to shareholders of listed companies fell sharply from 8.3559 million yuan in the same period last year to 1.2508 million yuan at the end of the first quarter and 85.03%.  Meanwhile, corporate investment losses rose 61.54% from a year earlier. The Union letter of the decapitated, the eternal benefit seems to be over. August 3, a paper announcement of the company's two-member executives resigned. The company said that He Jinsheng for personal physical reasons, to the company's board of directors to resign the company's financial director (Financial Officer) and the Secretary of the Board of Directors.  Also resigned for personal physical reasons is the company's deputy general manager Liu Yao. Seeing 4 core executives or committing crimes or leaving the job, the private equity manager said: "It's hard to believe that Taka is going to be a good person." ”
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