Just because of holdingshareholderWill be changed to Cinda Securities, all the way up *ST Yida received the supervision letter of the Shanghai Stock Exchange.
announcementThe letter shows that on January 3, 2019, Cinda Securities reported to the supervisory department of the Shanghai Stock Exchange that *ST Yida did not cooperate with it for information disclosure.
On January 7, 2019, the Shanghai Stock Exchange found that it could not establish contact with the company's specific handling personnel responsible for information disclosure, nor did it obtain the contact information of the company's new chairman.
The Shanghai Stock Exchange also contacted the company's independent directors and found that the relevant independent directors did not contact the company's chairman.
In desperation, the Shanghai Stock Exchange had to send a letter requesting the company to resume effective information disclosure with the exchange as soon as possible within 10 trading days.
Passively become a controlling shareholder of Cinda Securities
as aBrokerCinda Securities itself does not want to become the controlling shareholder of *ST Yida, but a paper court document has pushed Cinda Securities to the position of controlling shareholder.
On the evening of December 28, 2018, *ST Yida disclosed that the Shanghai No. 1 Intermediate People's Court ruled that the controlling shareholder Dashen Group would holdRestricted stockThe 260 million shares were valued at approximately 505 million yuan, and the credits delivered to Cinda Securities were approximately 505 million yuan.
*ST Yida said that the above ruling will result in the company's controlling shareholder being changed from Dashen Group to Cinda Securities.
This judgment was completely last year."Equity pledge"The one in the short position. The example of "passive" becoming a controlling shareholder has been commonplace. King Kong Glass and Huaxi Energy have all had equity.PledgeShorten the position and replace the controlling shareholder.
fundJun slammed the grievances between 捋Cinda Securities and *ST Yida:
On April 28, 2015, *ST Yida's controlling shareholder Dashen Group pledged its 260 million shares of restricted shares to Cinda Securities and subsequently fell into default.
On July 14, 2017, the Shanghai No. 1 Intermediate People's Court imposed a judicial freeze on the 260 million shares of the restricted shares held by Dashen Group, with a freeze period of three years until July 13, 2020.
On December 25, 2017, the Shanghai First Intermediate People's Court executive ruling showed that Dashen Group had to pay Cinda Securities nearly 991 million yuan and corresponding debt interest, liquidated damages and deferred interest, etc., and assumed the implementation fee. 105.83 million yuan. However, the executor Dashen Group failed to perform.
On November 17, 2018, according to Cinda Securities application, the court publicly auctioned the above 260 million shares of *ST Yida restricted shares on the Taobao network judicial auction platform. The auction price was 6.3154 billion yuan, which was flown due to no bidding. beat.
On December 22, 2018, the court re-opened the above-mentioned 260 million shares of *ST Yida restricted shares on the Taobao network judicial auction platform for a price of 505.23 million yuan, but still no one bidding and shooting.
On December 27, 2018, the court delivered 260 million shares of *ST Yida restricted shares to Cinda Securities to cover the debts at the starting price of the second auction.
On January 3, 2019, Cinda Securities reported to the regulatory authorities of the Shanghai Stock Exchange that *ST Yida did not cooperate with it for information disclosure.
The 900 million debt, which was finally sold at a discounted price of 500 million yuan, was accidentally turned into a controlling shareholder, which seemed to be a good solution. However, the management of listed companies has collectively disappeared.
The chairman changed 4 in a year
14 "Dong Jiangao" staff resigned
Looking back at *ST Yida in the past year, the fund found that *ST Yida was in 2018ExecutiveThe changes were extremely frequent, and the chairman changed the board of directors. The current chairman, Mr. Zhang Pei, rushed into the game on December 27, 2018. That day, it happened that Cinda Securities forced the draft through judicial ruling.ConversionThe way to obtain *ST Yida 260 million shares.
It also happened that the chairman of the board of directors, Guo Xuedong, left the company, and the chairman took office for just six months.
Due to the chaotic management of the company, in 2018, *ST Yida staged the "resignation tide" of the chairman, general manager, secretary-general, supervisors, directors, independent directors and other personnel, and 14 "Dong Jiangao" personnel resigned.
The reasons for the resignation of these executives are “personal reasons” and they will no longer hold any positions in *ST Yida after resignation.
Zhang Qiuxia, the company's supervisor, said on April 4, 2018 that the internal control of *ST Yida Company was very confusing. In 2017, many violations, suspicious transactions, and supervisory supervision requirements could not be implemented. The Board of Supervisors was ineffective.
When Zhang Wei resigned in early June, he said that *ST Yida's management leadership led a number of incompatible positions in one, ignoring the board of directors and the board of supervisors, and arbitrarily deliberately causing the company's internal management system to be extremely chaotic.
With *ST Yida being included in the list of untrustworthy executors, filed by the Securities and Futures Commission, and many executives resigned... *ST Yida is facing the risk of delisting.
Ten companies were condemned by Shanghai stock companies
On December 28, 2018, the Shanghai Stock Exchange intensively disclosed a number of disciplinary notices, and publicly condemned and publicly recognized 10 listed companies and various “Dong Jiangao” who had multiple violations. Supervising the disciplinary measures to varying degrees of criticism.
Among them, *ST Yida was the chairman (generation), director, general manager, and secretary of the board of directors (on behalf of the party) Yue Dong, which was publicly recognized by the Shanghai Stock Exchange as not suitable for directors, supervisors and senior management personnel of listed companies.
During the party leadership of the party Yuedong, *ST Yida did not disclose the 2017 annual report and the first quarterly report of 2018 within the statutory time limit until August 30, 2018, the company disclosed the above-mentioned periodic report, and delayed disclosure for up to 4 For more than a month, the plot is extremely serious.
In addition, *ST Yida has not disclosed the risk of issuing a 3.5 billion yuan commercial acceptance bill in a timely manner. The opinions of the company's 2017 interim report and the third quarter report on directors, supervisors and senior management personnel are also inaccurate and incomplete.
In May 2018, *ST Yida stated that it was unable to disclose the periodic report within the statutory time limit. Since then, it has opened up more than 20 days of downtime.
Just as *ST Yida was on the verge of delisting, the news that Cinda Securities entered the *ST Yida greatly replied to the confidence of the investors. In the 2019 year, *ST Yida continued its daily limit, with an increase of nearly 40%.
*ST Yida announced that the independent director could not get in touch with the company. The original company contact Mr. Huang Xinhao has not resigned because of his resignation. The company's office address has been relocated to Urumqi, Xinjiang. The newly appointed chairman has never been with I have contacted; the above situation has caused me to be unable to get in touch with the company, and the company has no staff to contact me.
(Article source: China Fund News)
(Original title: Really wonderful! This new *ST chairman can't be contacted.) The Shanghai Stock Exchange sent an urgent letter. The stock price is 8 daily limit!)