Yang Zhanrong 750,000 shares silver gifts Haitong securities return gold solid?

Hake we shall, roundabouts.　　For natural person Yang Zhanrong, with Zhejiang Gold Solid will soon, it or will be in the capital market to make a sum.　　The announcement indicated that August 6, Zhejiang Gold Solid will accept a a-share IPO initial audit. Zhejiang Gold Solid before the start of the 47 natural shareholders, including the actual control of the people and their relatives, company executives and external investors.　　The November 23, 2009 raid on the shares of the Yang Zhanrong seems to be a big deal, not only to 2.7 million shares listed before the seventh largest shareholder, but the actual control of the Sun's family outside the largest number of shareholders and Zhejiang gold solid unrelated investors.　　Yang Zhanrong, who had been in silver shares (300020.SZ) of natural persons, why can the Zhejiang Gold solid before the IPO raid shares?　　Surprise "Kim Gu" October less than 4 times times according to the reporter survey, Yang Zhanrong, is currently Zhejiang Jin Yong Xin Venture Capital Consulting Co., Ltd. chairman.　　November 23, 2009, Zhejiang Gold Solid to launch the last step of the eve of the impact, Zhejiang Gold solid to "to reduce the company's operating risk, improve the corporate governance structure" for the increase in shares, the General Assembly passed a resolution, agreed to 3.08 yuan per share of the introduction of external investors.　　, Yang Zhanrong 8.316 million yuan to subscribe to 2.7 million shares.　　Six months after the July 28, 2010, Zhejiang Jin Gu will formally disclose its prospectus, followed by August 6, will be formally. If Zhejiang Gold Solid has been successfully listed, according to its prospectus (pre-disclosure), Its 2009 deduction of Non-recurrent profit and loss after the basic earnings per share of 0.46 yuan, if the current a-share market average of about 35 times times the issue of P/E ratio calculation, Zhejiang Gold solid its issue price will be about 16.1 yuan, if this issue price calculation, this means that Yang Zhanrong in Zhejiang Gold Solid investment book value will reach 43.47 million, just less than 10 months, its　　Increase of 422.7%.　　In fact, in the past year, Yang Zhanrong in the capital market, there are traces of the big return on investment and the market at the end of October 2009, the gem-silver shares.　　Silver Share prospectus shows that Yang Zhanrong and his wife Li Tao Silver shares of the 6th largest shareholder and 4th largest shareholder, a total of 4.85 million shares of silver shares, accounting for the issuance of the total share capital after 6.06%, of which Yang Zhanrong owned 2.07 million shares silver.　　The information shows that the Yang Zhanrong on December 17, 2007, with a share of $3 per shares of the silver shares.　　Data show that May 18 this year, silver shares dividend, sent 10 shares per 10 shares sent 2 yuan, which means that the Yang Zhanrong couples up to now a total of 9.7 million shares.　　If the closing price of silver shares on August 4, 22.76 Yuan, the couple in the silver shares in the earnings of more than 220 million yuan.　　While the Yang Zhanrong are already making a lot of money in the Silver Stakes, it is not known that they should have earned more, all of which came from a baffled move by Yang Zhanrong on the eve of the listing of silver shares. Silver shares"Gift" Haitong return in fact, the Yang Zhanrong couple first in silver shares of the stock is not its 4.85 million shares before the listing, but Yang Zhanrong 2.82 million shares, Li Tao 2.78 million shares, Yang couple shares a total of 5.6 million shares.　　Where did the 750,000 shares originally belonged to Yang Zhanrong?　　Silver shares prospectus, March 28, 2009-China Securities Regulatory Commission officially issued the initial public offering of shares and on the Gem listing management interim measures in the first three days, is ready to take the last step of the gem listing silver shares suddenly a strange share transfer.　　After waiting for 1.5, the investment of the stock listing in sight, Yang Zhanrong but his own silver shares of 750,000 shares at 5 yuan per share of the price transfer to others.　　In fact, six months after October 30, 2009, Silver shares will be listed, and its listing on the day the highest price reached 55 yuan/share.　　Even by August 4, 2010, the price of its reinstatement has reached 45 yuan/share.　　Yang Zhanrong in silver shares before the listing of this piece of fat, the equivalent of its abandonment of more than 30.15 million yuan of investment income (of which 150,000 yuan for cash dividends).　　Silver of the investment, said the Yang Zhanrong the reason for the transfer of shares is "out of their own financial arrangements", which seems difficult to dispel doubts.　　Since it comes from its own financial arrangements, why are young couples with a silver investment of 5.6 million shares only transferring 750,000 shares?　　And a mere 3.75 million yuan of the transfer of money to be well versed in the way the investment of Yang couples will be the hand of the tens of millions of yuan to surrender to the yield?　　Maybe it's not that simple.　　So who took over the 750,000 shares of Yang Zhanrong's silver investment, and from its mouth to the recipient of the fat that would be imported?　　Reporter enquiries learned that the assignee is a controversial sea-pass Kaiyuan Investment Co., Ltd. (hereinafter called Haitong Kaiyuan).　　Public information shows that Haitong Kaiyuan for Haitong Securities wholly-owned investment company, is because Haitong securities are also silver shares of the listed sponsors, making Haitong Kaiyuan because in the silver stake in their sponsorship of the project caused a market criticism.　　According to public information, Haitong Kaiyuan Total silver shares total 1.5 million shares, accounting for the company's total equity after the increase of 2.5%, become the seventh largest shareholder.　　Of these 1.5 million shares, with the exception of Yang Zhanrong's 750,000 shares, the other 750,000 came from Zhang, one of the founders of Silver's shares and a current executive.　　Through this transfer, as of August 4, Haitong Kaiyuan in the silver shares of the book earnings amounted to 60.3 million yuan.　　For wholly-owned subsidiaries to participate in their own sponsorship projects, Haitong Securities Dong Jin Xiaobin to this explanation: first, Haitong Kaiyuan's shareholding ratio did not meet the SFC's 7% "Red Line"; second, Haitong Kaiyuan's shareholding is not a new part, the assignee is the shares of the old shareholders, and is a premium, so do not violate the rules. Haitong Securities in charge of Silver shares IPO project's first sponsor representative Andy Xiao explained that two natural shareholders are listed riskConsider the transfer of shares.　　If it is true that natural-person shareholders take risks, one is a company's executive, one is an investor who transfers only a small part of the equity, does the silver executives not look favorably on their company's listing prospects? And for Yang Zhanrong, if the need to avoid risk, why transfer a mere 750,000 shares?　　How could the remaining 4.85 million shares face such a big risk?　　So why would Yang Zhanrong transfer the stakes in these 750,000 shares of silver?　　The question may seem to be finding some answers with the disclosure of the Zhejiang Gold-solid prospectus.　　Yang Zhanrong, who lost more than 30 million yuan in silver shares, appears to be compensated for in Zhejiang Gold.　　So there is the opening description of the Yang Zhanrong on November 23, 2009, Zhejiang Gold solid on the eve of the raid on the shares.　　Industry insiders believe that it seems more like the Haitong Securities to Yang Zhanrong a reciprocate.　　Qiao is, Zhejiang Gold Solid Sponsor is Haitong Securities, and the Zhejiang Gold Solid Project Sponsor is one of the silver shares of the organizer Zhaohuiyi, and silver shares of the main sponsor Andy Xiao, became the chief contact person of Zhejiang Gold Solid project.　　The investment of tens of millions of shares in eastern Japan.　　The reporter also found a shareholder named Yang Zhanrong on the list of Eastern day-rising shareholders, which was June 28 this year.　　The Oriental Rising prospectus shows that Yang Zhanrong is now chairman of Zhejiang Golden Yong Xin Venture Capital Consulting Co., Ltd.　　August 3, the reporter called Yang Zhanrong, its confirmed that Zhejiang Gold-solid shareholder list appears to be himself.　　According to the Oriental Rising of the prospectus, August 10, 2008, the eastern day of the shareholders will pass the resolution, agreed to absorb deep investment, Mary Investments, Yang Zhanrong, etc. for the company's new shareholders. The new shareholder capital 150 million yuan, obtains the eastern day to rise 15% of the equity, of which 981,200 yuan as the registered capital, the remaining 149.0188 million yuan as the increase of the premium to the east rising capital surplus.　　Among them, Yang Zhanrong held 65,400 Yuan Capital contribution, accounting for 1% of the total capital, the actual cost of 10 million yuan. 2008, by the impact of the financial crisis, the Oriental electric appliances did not realize the "Ninghai Sunrise Electric Appliance Co., Ltd. increased investment in the supplementary contract" in 2008, the forecast of net profit. According to the relevant agreement, Lin Hai will be held by the company's 8.753% equity transfer and deep venture investment, Mary Investments, Yang Zhanrong and so on, each shareholder's transferee price is 1 yuan respectively.　　After the transfer, the proportion of Yang Zhanrong's shareholding changed to 1.584%. Yang Zhanrong gained a 1.584% per cent share of the eastern day, costing 10 million yuan, according to the Gem 60 times times P/E ratio, its holdings of the corresponding market value of 76.849 million yuan, two-year time value-added 7 times times.