On the last trading day of the year of the A-share bull, Fortune Ng Fung Food (Hebei) Co.Ltd(600965) (600965, SH, hereinafter referred to as Fortune Ng Fung Food (Hebei) Co.Ltd(600965) ) issued an announcement that one of the actual controllers of the company received the judgment.
The announcement shows that Li Fu, one of the actual controllers of the company and once known as the "richest man in Yanjiao", was sentenced by the court for committing the crime of bribery and falsely issuing invoices. As a frequent visitor on Hurun's rich list, Li Fucheng's situation today is lamentable.
was sentenced to three reprisals and five
Fortune Ng Fung Food (Hebei) Co.Ltd(600965) the announcement shows that recently, Li Fucheng, one of the actual controllers of the company, received the criminal judgment (2020) Ji 1181 xingchu No. 94 of the people's Court of Jizhou District, Hengshui City, Hebei Province (hereinafter referred to as the "judgment").
According to the judgment, Li Fucheng committed the crime of accepting bribes by non state functionaries and was exempted from criminal punishment; Whoever commits the crime of falsely developing tickets shall be sentenced to fixed-term imprisonment of two years and eleven months and fined 500000 yuan; If he commits the crime of offering bribes to a unit, he shall be sentenced to fixed-term imprisonment of one year and eight months and be punished for several crimes together. It is decided to carry out fixed-term imprisonment of three years, suspended for five years, and a fine of 500000 yuan (paid); The illegal gains of 30 million yuan and bribes of 6 million yuan returned shall be turned over to the state treasury by the seizure organ.
It is reported that Li Fucheng was born in September 1946. The announcement shows that Li Fucheng currently does not hold any position as a director or any other position of the company and does not participate in the daily operation and management of the company.
Li Fucheng once had many "halos", including "the richest man in Yanjiao", "the national champion in cattle raising", "Li Bancheng", "Li Jiacheng in Yanjiao", etc.
The daily economic news once reported that Li Fucheng had fed pigs, made tofu and sold sesame oil, but what really made him famous was his cattle raising experience. In 1986, Li Fucheng bought seven cows with a loan of 5000 yuan and began to be a "cowherd baby" again. In the 1990s, the average weight of cattle raised by Li Fucheng could reach 1500 kg, and there was an exclusive secret recipe for the treatment of tinea bovis.
In 2004, Li Fucheng personally put Fucheng Wufeng (changed to Fortune Ng Fung Food (Hebei) Co.Ltd(600965) in 2016) into a shares, and "the first share of cattle raising in China" was born.
Li Fucheng's business vision is precise and vicious. In September 2014, Fucheng Wufeng announced the acquisition of Lingshan pagoda cemetery, "the first share of A-share funeral" was launched, and the company's share price soared by 50%.
Source: Fortune Ng Fung Food (Hebei) Co.Ltd(600965) official website screenshot
"Li Bancheng" is inseparable from Li Fucheng's real estate development in Yanjiao. In 2002, Li Fucheng, who had insight into the psychology of the Beipiao people, established Hebei Real Estate Development Co., Ltd. and made a lot of money by advertising the "down payment of 30000 for 1000 a month" in his projects.
A series of actions in the real estate field have accumulated huge wealth for Li Fucheng. In 2016, with assets of 6.7 billion yuan, the Li Fucheng family was shortlisted in the "2016 Hebei Hurun rich list" for the first time, ranking ninth. On the list of China's post-90s rich in 2016, Li Xu, the grandson of Li Fucheng, became the youngest 400 million level rich on the new third board with a net worth of 395 million yuan.
According to the Hurun rich list in 2020, the Li Fucheng family ranked 1322 with a wealth of 4.2 billion yuan. On the 2019 list, the fortune of the Li Fucheng family is 5 billion yuan, ranking 828th.
was punished for short-term trading
In September 2019, it was rumored that Fortune Ng Fung Food (Hebei) Co.Ltd(600965) controlling shareholder Fucheng group was investigated by relevant departments for tax evasion. At that time, the financial Associated Press reported that the relevant person in charge of Hebei provincial taxation bureau said that the provincial Commission for discipline inspection was leading the investigation. Sanhe Taxation Bureau also said that the case has a great impact, and the State Administration of Taxation has "registered".
Subsequently, Fortune Ng Fung Food (Hebei) Co.Ltd(600965) issued a Clarification Announcement, saying that the relevant related parties engaged in real estate development business are involved in tax and economic cases and are cooperating with the investigation. At present, there is no further conclusion on the case.
Fortune Ng Fung Food (Hebei) Co.Ltd(600965) stressed that the case does not involve listed companies. The listed companies operate normally. The board of directors and management of the company operate and manage around the established short-term and long-term objectives. The judgment does not involve the company, its holding subsidiaries or the business of the company, and has no impact on the operation, finance and operating performance of the company.
In addition to the above cases, Li Fucheng was also punished for short-term trading last year.
On June 7, 2021, according to Fortune Ng Fung Food (Hebei) Co.Ltd(600965) announcement, Li Fugen was suspected of short-term trading and was put on file for investigation. The specific amount of suspected short-term trading shall be subject to the investigation results of the CSRC.
On the afternoon of June 11, 2021, Fortune Ng Fung Food (Hebei) Co.Ltd(600965) disclosed the details of Li Fucheng's short-term transaction. It is reported that Li Fucheng provided huge funds to his two subordinates to buy his own company's shares a few years ago. During this period, there was a short-term transaction in the vest account.
Looking back, Li Fucheng's illegal behavior is not worth the loss. On the one hand, the short-term transaction of vest account only made a profit of 213300 yuan, which has been turned over to the listed company, and Li Fucheng is still facing the punishment of the regulators; On the other hand, the shareholding of vest account has a certain loss.
In July 2021, Fortune Ng Fung Food (Hebei) Co.Ltd(600965) announced that the company had received the decision on administrative punishment from Hebei regulatory bureau of China Securities Regulatory Commission. It was found that Li Fucheng had the illegal facts of selling the shares within six months after he bought them and buying them again within six months after he sold them. China Securities Regulatory Commission Hebei regulatory bureau decided to give a warning to the actual controller Li Fucheng and impose a fine of 80000 yuan.
with the concept of prefabricated vegetables, the stock price fluctuated
Fortune Ng Fung Food (Hebei) Co.Ltd(600965) the current main business includes animal husbandry, catering and funeral services. The actual controller of the company is Li Fucheng and his son Li Gaosheng. At present, the chairman and general manager of the company is Li Liang, 31, with a bachelor's degree.
According to the third quarterly report of Fortune Ng Fung Food (Hebei) Co.Ltd(600965) 2021, the company's main business income was 984 million yuan, a year-on-year increase of 28.66%; The net profit attributable to the parent company was 148 million yuan, a year-on-year increase of 69.69%; Deduct non net profit of 141 million yuan, with a year-on-year increase of 90.61%.
According to the annual report of Fortune Ng Fung Food (Hebei) Co.Ltd(600965) 2020, during the reporting period, the company realized an operating revenue of 1.086 billion yuan, a decrease of 24.92% over the same period of last year; The net profit attributable to the listed company was 121 million yuan, a decrease of 42.37% over the same period last year. Among them, the net profit attributable to shareholders of listed companies after deducting non recurring profits and losses was 81.7403 million yuan, a year-on-year decrease of 35.84%.
According to the company's annual report, compared with the steady decline and slow recovery of the food sector, Fortune Ng Fung Food (Hebei) Co.Ltd(600965) another main business funeral business suffered a "Waterloo" again. With a gross profit margin of 81.01%, the operating revenue of funeral service industry decreased by 55.47% year-on-year.
It is also worth noting that the share price of Fortune Ng Fung Food (Hebei) Co.Ltd(600965) has fluctuated recently. From January 12 to January 17, the increase was about 47%, and the four connected boards were harvested at one time. However, it retreated more than 20% for three consecutive trading days on January 20, January 21 and January 24.
This is related to the expectations of the outside world for the development of Fortune Ng Fung Food (Hebei) Co.Ltd(600965) prefabricated vegetable business.
Since the beginning of the year, prefabricated vegetable concept stocks have become the darling of the capital market. Fortune Ng Fung Food (Hebei) Co.Ltd(600965) on January 14, the investor interaction platform said that the company entered the field of prefabricated dishes as early as more than ten years ago. The brand of prefabricated dishes is "fresh home". With strong strength and brand influence, it has successfully achieved the positioning of "the first brand of prefabricated dishes in the North".
With the continuous rise of share prices, after hours on January 17, Fortune Ng Fung Food (Hebei) Co.Ltd(600965) disclosed that the company's fast food branch has a prefabricated vegetable business. In 2019, the operating revenue and gross profit of the prefabricated vegetable business accounted for 22.6% and 22.16% of the company's overall revenue respectively; In 2020, the proportion will reach 25.17% and 37.35% respectively; By the end of the third quarter of 2021, the operating revenue and gross profit of the prefabricated vegetable business accounted for 24.53% and 13.19% of the company's overall revenue and gross profit respectively.
Fortune Ng Fung Food (Hebei) Co.Ltd(600965) also said that from 2019 to 2021, the company's Prefabricated vegetable business developed steadily. The company did not expand the production capacity and scale of the prefabricated vegetable business of fast food branch, and has maintained a stable development level.
In other words, Fortune Ng Fung Food (Hebei) Co.Ltd(600965) although there is a prefabricated vegetable business, the production capacity has not changed greatly in the past three years. As of the closing on January 28, Fortune Ng Fung Food (Hebei) Co.Ltd(600965) reported 6.46 yuan / share, with a total market value of 5.3 billion yuan.
