Two-wire development 5th full circulation of 300 senior executives holding 4 billion variable now

July 5, the development of double sinks (000895, the former closing price of 50.48 yuan) 312 million shares of restricted stock is about to be lifted.　　And according to the company's previous announcements, on July 8, the development of double sinks is expected to resume trading with a long-awaited overall listing, which also means that more than 300 management staff of the Double Exchange Group, which holds shares in the company, are free to sell their shares, and a collective myth of wealth creation will be staged. Immediately after the lifting of the ban on the two-link development issued a notice that the company, about 312 million shares (the proportion of total equity 51.45%) of the restricted shares will be lifted on July 5, that is to say, the development of double sinks in the next week will usher in full circulation.　　It is worth mentioning that the unit, which was suspended as early as March 22 on account of the reorganization of assets, is also expected to be licensed on July 8. The company July 1 issued a major issue of progress and suspension of the notice, the company is expected to duplicate the card on July 8, 2010. According to previous media reports, the double sinks development and the large shareholder double Exchange group's asset reorganization thought has been determined, will with the main business meat processing related assets will inject into the listed company all.　　In fact, this time the reorganization of assets is not smooth sailing, the original commitment is 30 trading days of major asset restructuring, but the dual-exchange development has been suspended for more than 3 months, the period is more than two times to postpone the licensing time, so many investors are quite dissatisfied. At the general meeting held on June 29, the two-way development proposed that the motion on daily related transactions had been vetoed by the absolute superiority of the vote, which was widely regarded by the market as an agency-represented investor putting pressure on the management of the company. As soon as the overall listing is completed, the issues of trade competition and related transactions between the double sinks development and the double sinks group will be solved thoroughly.　　According to the bulletin, the first quarter of this year, the company and related parties generated transactions amounted to 4.789 billion yuan, accounting for the proportion of similar transactions 66.96%. More than 300 people in fact, the company since the suspension of business in March, the Shanghai Composite Index has fallen more than 20%, a share of the decline is more commonly more than 30%, although the development of dual-exchange share prices may be the promotion of good restructuring, but after the trend of the recovery of the general investors worried.　　However, for the double sinks group of more than 300 managers, the hands of huge shares will be free to become real gold and silver, a benefit of the myth of this staged. According to the announcement, in the release of the shares, the company's major shareholders of the double exchange group and two shareholder Rotex Co., Ltd., respectively, holding 183 million shares and 128 million shares of the development of double sinks. According to media reports, Rotex in April 2006 to 2.01 billion yuan in the price of the double Exchange Group 100% shares, through direct and indirect way of holding a double sinks development of 51.46% of the shares, became its actual control, and Rotex behind, is the double sinks group 300 people (including 101 listed companies) management team (this part of the high-level set up risegrand indirectly holding Rotex 31.82%). The reporter probably estimated, the management team of more than 300 people in the double sinks group, through direct and indirect way, currently holds the market value of the double sinks is about 4 billion yuan, the average stock market value of each person will be tens of millions of dollars, and once the stocks re-card can be turned over. Industry insiders said, because the stock exchange process is very complex, the cost of holding this part of the shares is already hard to calculate, but it is believed that the actual price will be very low, and after the ban on the company's restricted shares, it means that a group of senior executives will be able to successfully convert their shares into gold and silver. Of course, even if this part of the senior choice to continue to hold, will continue to enjoy the double remittance development of the annual cash dividends.