16 years ago due to fraud, the market is now back to A shares? Demystifying the "previous life and life" of Lantian!

February 11, 2019 01:18
source:                             China Securities Network
edit:Eastern Fortune Network

K diagram 600086_1

Once the "Jade First"Oriental Golden Dragonfly, the last one before the Spring FestivalannouncementThe day quietly released the news: Yan Zhaoyu wants to bring China Lantian head office and return to A shares.

  Are you looking at the official, are you still chewing on the scallops and the pigs are starving to death?

Hey, the former protagonist of Lantian shares, Zhao Zhaoyu, is coming back! At this time, I was extra careful - the announcement of the Oriental Golden Jubilee the next day, the stock market did not open, most of the media were on holiday.

Even so, there is still no escape from the supervision. On February 10, the Shanghai Stock Exchange issued a letter of inquiry on the proposed changes to the control of Dongfang Jinyu, pointing directly to the decision-making process of Lantian's acquisition, its funding sources and performance capabilities.

The above picture is: part of the Shanghai Stock Exchange inquiry letter, and asked the company to reply before February 12.

Of course, as a journalist, I have to dig a little bit of material during the Chinese New Year. It turns out that the story of the delisting Lantian "wandering" outside the A-shares is comparable to that of the year!

The "China Lantian Head Office" (referred to as "China Lantian"), which wants to buy a shell, is not the Lantian stock that was originally depreciated from the market. However, the two are related parties and have the same legal representative.

The Shanghai Securities Journal reporter found that in the past two years, China Lantian was suspected of being taken over by the well-known fake central enterprise, Zhongheng Hengtong, and was arrested at the end of 2018 for a loan dispute of more than 50 million yuan. What is even more confusing is that outside Zhao Zhaoyu, Another important person in China's Lantian, Dong Hongjun, claimed in an open letter that he had led China Lantian to develop from three people to more than 15 billion yuan in total assets in less than a year, but he left in 2018.

At that time, Yan Zhaoyu once said that Lantian "a duck's profit for one year is equivalent to two color TV sets." As time went by, Lantian fell, and the creator of "Lantian Myth" was old. Today's Yu Zhaoyu, who is over 70 years old (born in January 1948), this time intends to re-appear A shares, can his life still reach the "peak"?

  Lantian revival?

Oriental Jinyu announced on the evening of February 1st that Zhaoning and Wang Wei, the real controllers of Dongfang Jinyu, intend to hold the listed company holdings in total.shareholder100% of the shares of Xinglong Industrial were transferred to China Lantian Corporation. Upon completion of the transfer, China Lantian will indirectly hold a 31.42% stake in Dongfang Jinlu, and the actual controller of the company will be changed from Zhaoning to China Lantian Corporation. The legal representative of China Lantian Corporation, Qi Zhaoyu, is the original legal representative of Lantian, the “agricultural first share” that was delisted from the past.

Oriental Golden Jubilee will be on Monday, February 11th (Monday)Resumption of trading.

In 2001, Lantian was opened by the Central University of Finance and Economics Professor Liu Weiwei, a 600-word report on "Should immediately stop lending money to Lantian shares", which opened a hole in financial fraud. Subsequently, Lantian shares delisted into the third board and became "ecological". 5".

On the evening of February 1st, China Lantian was registered with the Beijing Administration for Industry and Commerce on March 6, 1989. It was formerly known as “China Agricultural Materials Supply and Marketing Corporation”. It was changed to its current name in January 1998. The current registered capital 400 million yuan, the nature of the enterprises owned by the whole people, investors are the Ministry of Agriculture. The registered address of the company is located at No. 11 Nanli, Agricultural Exhibition Hall, Chaoyang District, Beijing. The legal representative is Zhao Zhaoyu.

“Where is the No. 11 Nanli, Agricultural Exhibition Hall, Chaoyang District, Beijing?”BaiduAs you can see, this is the "Agricultural and Rural Ministry" building.

The Shanghai Stock Exchange also expressed concern about the request, asking the Oriental Jinluo, the actual controller Zhao Ning and China Lantian to clearly state: China Lantian is the specific meaning of the “owner-owned enterprises under the leadership of the Ministry of Agriculture”. Currently, China Lantian and the Ministry of Agriculture and Rural Affairs And the approval of the relevant state assets and competent authorities for the acquisition of China Lantian. If yes, please indicate the specific progress. If no, please explain the reasons and basis.

The reporter noted that Dong Hongjun, who claimed to have led the reorganization of China Lantian, said in an open letter: "Due to historical reasons, Dong Hongjun strictly prohibited the team from doing any propaganda and social business activities in the name of the Ministry of Agriculture, facing history, low-key development, and shame. Be brave, pragmatic and enterprising."

China Lantian said on its official website that starting from 2016, China Lantian will launch a new round of assets.ReorganizationAnd reshaping the business, and actively exploring the innovation and development of modern new agriculture with a new look and attitude. China Lantian Corporation is gradually developing into a large state-owned enterprise with modern new agricultural service industry as its main business. The industry covers traditional agriculture, industrial investment, financial services, cutting-edge technology, eco-environment, medical health, bio-pharmaceuticals, agricultural big data. , "Internet + agriculture" and many other industries and fields.

  Note that the above-mentioned open letter reveals the important recent situation of China Lantian in the past two years.

  The secret of a public resignation letter

A "Resignation Letter from Dong Hongjun, China Lantian Corporation" was circulated on the Internet, and the payment was on November 1, 2018. The full text of the open letter is as follows:

(URL: http://blog.sina.com.cn/s/blog_a9fda53a0102ykzx.html)

The article listed "Zhao Jingjing, Party Secretary of China Nuclear Hengtong (Beijing) Materials Co., Ltd." as the first title, showing the importance of China Nuclear Hengtong to China Lantian.

So, what is the relationship between China Nuclear Hengtong and China Lantian? Who is Dong Hongjun? Dong Hongyu said in the article: "In June 2017, China Lantian Corporation signed a five-year operation right to China Nuclear Hengtong (Beijing) Materials Co., Ltd., and then CNNC Hengtong (Beijing) Materials Co., Ltd. entrusted me to manage China Lantian Corporation."

The open letter shows that in the face of a company that has been shut down for more than a decade, except for business licenses and official seals (all of which are not available to the basic households), Dong Hongjun led the team to raise funds, fight day and night, starting from 3 people and ending on April 23, 2018. The company has 15 subsidiaries and more than 70 holding companies. The total assets of the company are more than 15 billion yuan, and the main credit rating of the joint credit enterprise is AA+.bankThe pre-credit of the project is 10 billion yuan, and the comprehensive credit of the enterprise is 300 million yuan. It has truly achieved the goal from Nirvana to rebirth.

"On April 23, 2018, after Zhao Zhaoyu took back the official seal, the original business license and the actual control of the company, Yan Zhaoyu was enterprising and promising. In just 5 months, the company increased its holding company by more than 200 and injected it into China Lantian Corporation. Fresh blood." At this point, Dong Hongjun showed full respect for Yan Zhaoyu. However, judging from the content of the case, the relationship between the two should not be so harmonious. In his post, Dong said bluntly: "After May 1, 2018, more than 200 outside subsidiaries and holding companies entered China's Lantian, and Dong Hongjun did not know."

Dong Hongjun said that he wants to share the company with the company and leadership, and create new achievements for the company. However, after May 2018, Dong Hongjun felt that his work was incomprehensible and inexplicable for various reasons: the official seal of China Lantian Headquarters was reportedly lost and was not known; the basic household network was not informed; the tax control was not known. Feelings (official seal, basic household online banking, tax control, one license pass are normally used in the finance room)......

"Of course, I have become an outsider of Lantian." Dong Hongyu said, "Then, Dong Hongyi has been inexplicably removed from the Lantian head office in China, and he took the opportunity to resign from the whole society to the position of China Lantian Corporation for the society. I am grateful to Zhao Jingjing of China Nuclear Power (Beijing) Materials Co., Ltd. and Zhao Zhaoyu of China Lantian Corporation for their trust and support in the 10 months of my day and night work.” Dong Hongjun promised: “From the date of the statement, I am not In the future, he will assume any position in China Lantian Corporation and will no longer engage in any social and commercial activities under the name of China Lantian Corporation."

If this open letter is true, at least two pieces of information will be transmitted: First, the management rights of China Lantian in the past two years belong to Zhongheng Hengtong (Beijing) Materials Co., Ltd. ("Zhongheng Hengtong"); Second, Dong Hongjun leads China Lantian After a difficult two years, from April 2018, Yan Zhaoyu returned to power and the management personnel of the company changed.

  "False Central Enterprise" Zhongheng Hengtong is involved in P2P

Interestingly, who is China Nuclear Hengtong? This is the "fake central enterprise" that was rumored by the real name of the central enterprise Chengtong Group in 2018.

China Chengtong Holding Group (referred to as “Shengtong Group”) issued the “Announcement on the Registration of Industrial and Commercial Enterprises of China Nuclear Hengtong (Beijing) Materials Co., Ltd.” on July 20, 2018. According to the announcement, China Nuclear Power Hengtong (Beijing) Materials Co., Ltd. ("Zhongheng Hengtong") has deceived the industrial and commercial registration authority by providing false materials and other means, and will be the "China Material Storage and Transportation Shenyang Company" under the Chengtong Group. The change to its shareholders and the use of this identity for commercial activities seriously violated the legitimate rights and interests of Chengtong Group and caused a negative impact on Chengtong Group.

The reporter noted that so far, the shareholder of China Nuclear Power Hengtong in the industrial and commercial registration is still "China Material Storage and Transportation Shenyang Company" and has not changed. At present, the registration website of http://www.cnght.com.cn of China Nuclear Hengtong has been unable to open.

Then, does China’s Lantian really rely on the fake central enterprise Zhongheng Hengtong?

The Shanghai Securities Journal reporter noted that CNNC Hengtong includes a number of party secretaryExecutiveAll of them are executives of companies under China's Lantian. For example, Tianyuechao showed that Zhongjing Hengtong Party Secretary and Director Zhao Jingjing served as the executive (manager) of Lantian Investment Co., Ltd., a wholly-owned subsidiary of China Lantian Corporation. Lantian Investment was established in November 2014 with a registered capital of 100 million. yuan.

Sun Fenggang, another former director of China Nuclear Hengtong, also served as the legal representative and general manager of “Khorgos Lantian Technology Development Co., Ltd.”, which was established on August 6, 2015 with a registered capital of 200 million yuan. China Lantian Corporation is 100% controlled.

Why does China Nuclear Hengtong pretend to be a fake central enterprise? Adding trust to its P2P platform should be an important part. Zhongheng Hengtong has a holding subsidiary “Jiangsu Qianye Finance”Information serviceCo., Ltd., mainly engaged in P2P products "mutual integration treasure". Mutual integration treasure website and APP home page are marked with the banner of "state-owned assets".

The Mutual Finance website declares that “Mutual Fortune Bao was launched on May 16, 2014. It is a network lending information intermediary platform independently developed and operated by Jiangsu Qianye Financial Information Service Co., Ltd. under Jiangsu Ziyu Group. And enterprises or individuals with financing needs to provide professional, efficient and secure online lending information intermediary services. In July 2016, Mutual Fortune was strategically invested and controlled by multi-level subsidiaries of central enterprises, becoming a platform for state-owned assets. On August 18, 2016, the official online banking depository system was one of the first platforms in the industry to realize bank deposits."

According to industry and commerce information, “Jiangsu Qiangye Financial Information Service Co., Ltd.” is 50% owned by Zhongheng Hengtong as the largest shareholder, Jiangsu Ziyu Group Co., Ltd. holds 35.33%, and the remaining shares are owned by two natural persons (Wei Ran, Liu Zongcai) hold. Zhao Jingjing, Party Secretary of China Nuclear Hengtong, served as a supervisor of Jiangsu Qianye Finance.

It should be noted that whether there is any business dealings or other involvement between China Lantian and Mutual P2P, the reporter has not found relevant information.

  "Own people" loan disputes appealed to the court

The connection between China Lantian and China Nuclear Hengtong is evidenced by legal instruments. According to a referee document issued by the China Judgment Document Network on November 12, 2018, Nanjing Ziyu Machinery Co., Ltd. (the plaintiff) sued Zhongheng Hengtong (the defendant 1) and the China Lantian Corporation (the defendant 2) The request for return to restore the loan principal of 48 million yuan, and interest of 6.7 million yuan. However, the People's Court of Qixia District, Nanjing City, Jiangsu Province, transferred the case to the Nanjing Intermediate People's Court of Jiangsu Province for the reason that the total amount involved was more than 50 million yuan and the defendants were all based in Beijing.

Although the referee documents did not disclose the relationship between China Lantian and China Nuclear Hengtong, the two also serve as defendants, and there is a proof of the existence of a relationship.

What is even more interesting is that Ziyu Group and China Nuclear Hengtong are also "close comrades." Jiangsu Ziyu Group official website disclosed that China Nuclear Hengtong and Jiangsu Ziyu Group are strategic partners. On November 3, 2016, Zhao Jingjing, Party Secretary of China Nuclear Hengtong Group, delivered a speech at the ceremony of the party branch of Ziyu Group. The mutual financing mentioned above is also operated by Jiangsu Ziyu Group, which is the largest shareholder.

Above: Intercepted from the official website of Jiangsu Ziyu Group

Above: Intercepted from the official website of Jiangsu Ziyu Group

The shareholders of the above-mentioned lawsuit "Nanjing Ziyu Machinery Co., Ltd." are two natural persons Zhang Wei (51%) and Yang Houlong (49%). Yang Houlong is the director of Jiangsu Ziyu Group. That is to say, the plaintiff's defendant in a case originally had a good relationship, but now he is in a state of justice.

Then, how much capacity does China Lantian, which has just been arguing for a 50 million yuan loan dispute, promote the debt restructuring of the Oriental Jinyu?

The Shanghai Stock Exchange also asked that Lantian in the announcement promised to fully support listed companies to continue to promote debt restructuring, including but not limited to providing cash flow turnover, providing credit enhancement and credit enhancement for new financial institutions. Please ask Oriental Jinluo, the actual controller Zhao Ning and China Lantian to clearly state: China Lantian's current financial status and main operating data, this equity acquisition and the specific funding source to undertake the debt of Xinglong Industrial; China Lantian provides cash support for listed companies And the specific source of funds for the guarantee letter, whether it has the corresponding commitment to fulfill the ability.

After 16 years of delisting, Lantian has a “descendant” ecology 5 in the third board, code 400027. However, this reorganized company has been completely unrecognizable. And how can the real China Lantian rejuvenate in recent years, how can it be rehabilitated, can it reshape credibility? The market needs to see more sincerity from Lantian.

(Article source: China Securities Network)

                        (Editor: DF142)

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