It exposes 500 million financial black hole market value three days has shrunk 33 million yuan

Panda mobile phone trader Ma Zhiping because of the "actual control" Tibet Jinzhu appear in the event it

- market value of 33 million yuan

The financial scandal continuously the stock price plummeted to it, as of yesterday's close, Kejian two grade market shares have plunged 13%. "The thought that Guangzhou Haina and Kejian restructuring would give the company a certain change, but from the present situation of view, prospects." Southwest Securities Zhang Gang told reporters.

- the stock price plummeted to illegal guarantee

In January 18th, an announcement of Tibet Jinzhu, become the cause of Kejian stock price plummeted. Tibet Kim announced that the guarantee amount is huge, huge amount of receivables, the presence of the company and its associated companies, it owed the company money 234 million 830 thousand yuan. At the same time it also announced that the preliminary estimate of about 500 million yuan, the company guarantee fails to perform the examination and approval procedures, did not fulfill the obligation of information disclosure.

On the same day, it re issued notice that, at present, it holds the largest shareholder Kejian group's 26 million corporate shares have been China Everbright Bank and China Merchants Bank to freeze, and the second largest shareholder of Zhixiong electronics hold all 31 million corporate shares of Minsheng Bank has been frozen.

Affected by this, for three consecutive days, it shares plunged 13%, the market value has shrunk about 33000000 yuan. According to relevant reports, and it is between Tibet Jinzhu touch by Ma Zhiping and Hao Jianxue. The Nanjing hezong investment company and Nanjing Chang Heng Industrial Co. Ltd. is the key. Although nominally the largest shareholder of Tibet Kim is Kim group, but the Nanjing panda mobile phone trader Ma Zhiping is the actual control of Tibet jinzhu. Ma Zhiping's Nanjing Chang Heng Industrial Company, Jiangsu zhongqiaobaihe communication consistent action and Ma are always Tibet Jinzhu second, third shareholders, both the total shareholding of up to 34%, more than 25% gold held by the group.

It said that after Guangzhou Haina in Kejian has been engaged in the work of cleaning up the debt. The disclosure of information should belong to the legacy of the old shareholders".

Freeze - equity reorganization iffy

It is reported that Kejian group holds 33 million 614 thousand shares it, accounting for 29.01% of the total equity of the company. Because Guangzhou Haina has signed in December 1st last year and the official "Kejian group company equity transfer agreement", to 100 million yuan price of the transferee of the Department of

Corporate shares, therefore, Guangzhou Haina will become the new controlling shareholder of it. The total share capital of 115887200 shares it projections, was about 49% of the 57 million shares of corporate shares judicially frozen bank has occupied the total share capital of 50% shares, nearly all the company.

5 more than the financial black hole, nearly 50% of the shares were frozen, it can smooth the reorganization? From Guangzhou Haina sources said, because although the Kejian holding shares were frozen, and the relevant equity transfer to the SFC final approval of the results, but it was elected general manager in Guangzhou Haina legal representative Wang Haibin, a Guangzhou Haina party has formed a special working group, responsible for checking account audit work at it. Is not the end. Therefore, the disclosure of security issues and that it is should supervise supervision departments do, as a new club in the future action to clear it of family property.

Although Guangzhou Haina relevant executives believe that there is no final implementation of corporate acquisitions Kejian ownership behavior, should not affect the white Guangzhou haina. But anyway, nothing out of the 5 billion guarantee, and serious violations of information disclosure, and let all the people of the restructuring began to worry about it.