29 Companies To Change The Largest Shareholder Gem Suspected Curve Backdoor

　　 A wise move towards the main business

In December 2012, the new Daxin material announced that it was planning to issue new shares to all 24 shareholders, including China Pingdingshan Shenma Group, to purchase 100% of the newly established shares. After the completion of the reorganization, the new shareholders will become the wholly owned subsidiary of the new Daxin material, and the largest shareholder of the listed company will be changed to the China Pingdingshan Shenma Group. The actual controller will be changed to the Henan SASAC. As the total assets purchased will account for 61.58% of the total audited assets of the 2011 year, it has not reached 100%. Therefore, the transaction is not a backdoor listing.

Pingmei Shenma Group also promised that the reorganization will be completed after the reorganization is completed. Listed company As a platform for the development of new energy and new materials, the projects in the future will be injected into the reconstituted listed companies in a suitable way, and it is promised that within 3 years after the successful completion of the reorganization, the excellent assets of the high-end silver paste and other items will be injected into the listed companies.

Obviously, the new Daxin material leveraging the state-owned assets platform to withstand the cold winter is a wise move.

In the long term, there are also long letter technologies. The company announced in February that the first largest shareholder in East Asia vacuum, from June 19, 2013 to February 1, 2014, accumulated 26 million 720 thousand shares of tradable shares under unlimited trading through block trading, accounting for 5.2% of the total share capital of the company. After this reduction, the East Asian vacuum shareholding ratio dropped to 18.49%, lower than the current second largest shareholder, Xinjiang Run Feng 21.22%, and the controlling shareholder of the company changed to Xinjiang Run Feng. It is worth mentioning that Xinjiang Run Feng, the former Wuhu run Fung Technology Co., Ltd., belongs to the local company of Changxin technology. In addition, Chen Qi, the current chairman of Changxin technology, is also a representative of Xinjiang Run Feng legal person. The market analysts believe that this equity change is a real return to the company, which will benefit the company's internal management and future capital operation.

　　 No actual controller company appears.

Not every company can be as lucky as new big new material. After the change of the largest shareholder, there is no company that actually controls the company.

According to the November 2013 National Technology Bulletin, the company's actual controller China Electronic Information Industry Group Co., Ltd. carried out the restructuring of enterprises, and agreed that China Huada transferred 74 million 800 thousand shares of its national technology shares by agreement, accounting for 27.50% of the shares issued by the company. After the transfer, China Huada will no longer hold shares in the company.

It is worth noting that according to the agreement, there are 9 transferee transferee, including Peng Guohua, Fan Kangqi, he Zhe, Tan Jialiang, Liu Yiqian, Han Xueqin, Huang Jianying and so on 7 natural persons, and Shanghai Xingquan Rui Zhong Asset Management Co., Ltd. Xingquan Rui public strategy 1 Classification, fixed multi client asset management plan, Xingquan Rui public specific strategy 2 grading specific multi customer asset management plan. The number of shares offered by the 9 transferee is no more than 5%.

The company will not have the actual controller after the equity interest is granted. However, the fund products have cycles, usually two to three years. After the expiration, there is uncertainty in the receiving party. When that happens, the real controlling shareholder will probably appear.

The same happens in the sun photoelectricity body. When the company was listed, the former three core founding shareholders Deng Deng Ming, Wang Weiyong and Wang Xiangwu agreed to jointly exercise the actual control of the company through signing the agreement of concerted action, becoming the "three carriages" of the dry sun photoelectricity as the outside world.

However, as time goes by, the price of the stock market has been declining, and the stock price has been falling all the time. In November 2013, the company announced that after the agreement was expired in August 12th, it failed to renew the agreement after negotiation with the three largest shareholders. The company is currently in a state of no actual control.

　　 First Curve backdoor case

In May 15th, Beijing's Vanward state investment management company obtained 19.79% of the Tianli environmental protection through judicial transfer, while only 8.58% of the original shareholder Wang Li Pin's shareholding power. Subsequently, in order to stabilize the control of the board of directors of the company, the two remaining shareholders of Beijing Shen Wu and the company except Wang Li pin and Wang Shugen signed the "concerted action agreement". The latter two currently hold 10.14% stake in the listed company, and the three party collectively holds 29.93% of the stock rights.

However, we are taking the reality of environmental protection. control power After that, the Beijing fog did not rush to inject assets into the listed companies. It only indicated that within the next 6 months, there was no plan to change the main business of the listed companies, and no major adjustment plan for the main business of the listed companies had been made.

However, after the market changes are expected to be completed, the reorganization of assets in the later stage is only a matter of time. Moreover, Beijing's fog and Tianli environmental protection belong to the same industry, which can effectively avoid regulatory requirements.

In February of this year, Shuanglong issued a notice of asset reorganization, which intends to purchase 100% stake in Jinbao pharmaceutical company by issuing shares and paying cash to enter the pharmaceutical field. It is worth mentioning that the volume of Jinbao pharmaceutical acquired by Shuanglong shares is far greater than itself. At the end of 2013, Jin Bao's financial data showed that the total assets and net assets were 1 billion 99 million yuan and 654 million yuan respectively, compared with that of Shuanglong stock, which was more than 200%. If the restructuring plan is finally implemented, Shuanglong shares will complete the act of "snake swallow elephants". Nevertheless, due to the fact that the actual controller of the listed company has not changed before and after the transaction, the company believes that the reorganization of assets does not constitute a backdoor.