On February 11, Elefirst Science & Technology Co.Ltd(300356) (300356, SZ) announced that the 3.6 million non tradable shares of the company held by the actual controller long Changming were auctioned on Taobao judicial auction platform by Shenzhen Futian District People’s court from 10:00 on February 10 to 10:00 on February 11.
According to the confirmation of successful online bidding, the user name Chen Bolin won the public bidding of the project on February 11 through the bidding number q4926, with the highest bidding price of 10.8 million yuan.
The reporter of the daily economic news noted that the name “Chen Bailin” has appeared in the stock auction announcement of ST company for many times, such as Kairuide Holding Co.Ltd(002072) (002072, SZ), Tibet Huayu Mining Co.Ltd(601020) (601020, SH), Zotye Automobile Co.Ltd(000980) (000980, SZ), etc. In addition, the auction number may have participated in the judicial auction of shares held by relevant shareholders of the company, such as Jiangyin Jianghua Microelectronics Materials Co.Ltd(603078) (603078, SH), Gansu Huangtai Wine-Marketing Industry Co.Ltd(000995) (000995, SZ).
Elefirst Science & Technology Co.Ltd(300356) possible change of deposit actual controller
According to the announcement, before the auction, long Changming held Elefirst Science & Technology Co.Ltd(300356) 12.625 million shares, accounting for 3.10% of the total share capital of the company. The person acting in concert, Jiangsu Guangyi Investment Management Co., Ltd. (hereinafter referred to as “Guangyi investment”) held 57.9102 million shares of the listed company, accounting for 14.20% of the total share capital of the company.
After the completion of the delivery of shares in the judicial auction, long Changming held 9.025 million shares of the company, accounting for 2.21% of the total shares of the company. Long Changming and his concerted action Guangyi investment held 66.9352 million shares of the company, accounting for 16.41% of the total shares of the company. This auction will not lead to the change of control of the company.
As of the announcement date, long Changming and his co-operative Guangyi investment held a total of 70535200 shares of Elefirst Science & Technology Co.Ltd(300356) shares, accounting for 17.30% of the total share capital of the company. At present, they are frozen, accounting for 100% of their holdings. There is a risk of judicial auction. Elefirst Science & Technology Co.Ltd(300356) said that if the shares continue to be disposed, it may lead to a change in the control of the company.
It is understood that long Changming, who was auctioned this time, holds Elefirst Science & Technology Co.Ltd(300356) 3.6 million shares, accounting for 28.51% of his shares and 0.88% of the total shares of the company. The reason for the auction is that the pledge is overdue.
In addition, the CSRC filed a case against Elefirst Science & Technology Co.Ltd(300356) and the actual controller long Changming on November 5, 2021. According to the relevant provisions of the exchange, during the filing and investigation period, the controlling shareholders, actual controllers, directors, supervisors and persons acting in concert of the company shall not reduce their shares of the company. Elefirst Science & Technology Co.Ltd(300356) said that if the equity delivery of this judicial auction is completed, it will lead to violation of the above relevant provisions.
Who is “Chen Bolin”?
The reporter of the daily economic news noted that the name “Chen Bailin” has appeared in the stock auction announcement of ST company many times, including Kairuide Holding Co.Ltd(002072) , Tibet Huayu Mining Co.Ltd(601020) , Zotye Automobile Co.Ltd(000980) .
On November 17, 2021, Kairuide Holding Co.Ltd(002072) announced that the Transferee “Chen Bolin” bought 6.587 million shares of the company held by shareholder Zhang Zhendong for 43.8452 million yuan
Image Source: Announcement screenshot
On November 29, 2021, Tibet Huayu Mining Co.Ltd(601020) announced that the bidder “Chen Bolin” paid 97.92 million yuan for 8.1254 million shares of the company’s tradable shares with unlimited sales conditions held by the company’s controlling shareholder Tibet Daoheng Investment Co., Ltd
Image Source: Announcement screenshot
On December 7, 2021, Zotye Automobile Co.Ltd(000980) announced that the bidder “Chen Bolin” had bought 43.85 million shares of the company held by the company’s shareholder Huangshan Jinma Group Co., Ltd. for a total of about 294 million yuan
Image Source: Announcement screenshot
In addition to many ST companies, “Chen Bolin” also participated in the bidding for the shares of many listed companies without “stars and hats”, such as Jiangyin Jianghua Microelectronics Materials Co.Ltd(603078) , Gansu Huangtai Wine-Marketing Industry Co.Ltd(000995) , Xiamen Zhongchuang Environmental Technology Co.Ltd(300056) (300056, SZ), involving tens of millions or even hundreds of millions of yuan.
In the stock bar, many investors refer to “Chen Bolin” as professional bidders, Niu San, etc., but what kind of identity he is in reality is still unknown.
