The little dragon head of “Yuan universe” exploded! The independent director verified overnight that the actual controller was suspected of occupying capital or transferring interests

On December 14, yuancosmic small leader Meisheng Cultural & Creative Corp.Ltd(002699) rose the limit again, and the number of connected boards reached 5.

In just five trading days, Meisheng Cultural & Creative Corp.Ltd(002699) has increased by more than 60%, and the market value of the company has jumped from about 4 billion yuan to 6.3 billion yuan.

Such a strong rise is mainly because the market regards Meisheng Cultural & Creative Corp.Ltd(002699) as one of the meta universe concept stocks, and the meta universe concept is hot recently.

It is generally believed in the industry that metauniverse uses blockchain, virtual space, AR / VR and other technologies to build a virtual real world, in which ar / VR technically solves the problem of interactive access between the virtual world and the real world, builds an access channel for the metauniverse, and is the core technical support of the metauniverse.

On October 28 this year, Meisheng Cultural & Creative Corp.Ltd(002699) said in response to investors’ questions, “the company began to layout AR / VR industry in 2015 and 2016, and yuanuniverse (Shenzhen) Industrial Group Co., Ltd. is a subsidiary of Meisheng Aibi.”

However, at that time, the market did not pay attention to this hot spot, and the share price of Meisheng Cultural & Creative Corp.Ltd(002699) has been tepid. Until recently, it was hyped by hot money excavation.

The subsidiary seems to have made a bet. But the actual controller fell off the chain. Three independent directors of the company checked and verified overnight, and the actual controller was suspected of fund occupation or benefit transfer.

On December 11, Meisheng Cultural & Creative Corp.Ltd(002699) announced that from January to September this year, Masson holdings occupied a total of 770 million yuan of Meisheng Cultural & Creative Corp.Ltd(002699) funds, of which 462 million yuan was occupied by transferring funds directly to controlling shareholders and their related parties, 244 million yuan was occupied by foreign investment, and 3.4834 million yuan was occupied by providing loans to suppliers, 60 million yuan of funds were occupied by means of loans returned by related parties to the controlling shareholders. By the end of September, the amount returned was 301 million yuan and the amount not returned was 468 million yuan.

The company said that this matter may constitute article 13.3.1 of the stock listing rules (revised in 2020) of Shenzhen Stock Exchange Article 1. Article 13.3 Under the circumstances specified in Article 2, other risk warnings may be implemented by Shenzhen Stock Exchange.

Meisheng Cultural & Creative Corp.Ltd(002699) said that the company will urge the controlling shareholders and their related parties to solve the problem of capital occupation as soon as possible. As of the announcement date, the company has received the repayment of RMB 468 million from the controlling shareholder, and the subsequent annual audit accounting firm will verify the occupation of the above funds.

it is worth noting that in the reply to the inquiry letter issued on the same day, Meisheng Cultural & Creative Corp.Ltd(002699) 3 independent directors also stepped forward and believed that the actual controller was suspected of fund occupation or benefit transfer.

In April this year, Meisheng Cultural & Creative Corp.Ltd(002699) invested in Suzhou Xiucheng and other six companies, and became the shareholders of the six target companies on April 30.

In this regard, the Shenzhen Stock Exchange issued an inquiry letter requiring independent directors to verify the above matters and express special opinions on the business logic and rationality of the above six investments and whether they constitute capital occupation or benefit transfer.

the independent director replied: “At 5:00 p.m. on February 9, the company first informed the three independent directors that the second Department of management of listed companies of Shenzhen stock exchange sent an inquiry letter on October 27 this year. After learning about it, the three independent directors checked and verified overnight. According to the information currently available, we believe that these six investments are deliberately illegal operations by the company to achieve the purpose of capital occupation or benefit transfer of the actual controller.”

The independent director also said that no matter whether the 2021 interim report or the third quarter report of 2021 is considered, he is very concerned about violations and laws such as capital occupation and benefit transfer of major shareholders.

“At the meeting of the board of directors, our independent directors repeatedly asked whether the company had any violations in view of the sharp increase in current account balance and other equity instrument investment balance, which was denied by the executive directors and senior executives. During the review of the third quarter report, Lei Xintu, the independent director and director of the audit committee, focused on asking the internal executive directors and financial principals about the above issues, which was equally satisfactory To a denial response. At the board of directors, the independent director reminded and warned the company’s internal executive directors and financial principals that their actions must be compliant and legal. ” The independent director said.

in the view of insiders, the independent director checked and verified overnight and disclosed that the actual controller was suspected of fund occupation or benefit transfer, indicating that the independent director is actually playing a role.

Recently, the first instance judgment of Kangmei case was announced. According to the judgment, five outgoing or in-service independent directors involved in Kangmei case were sentenced to joint and several liability, and the total amount of compensation may be up to about 369 million yuan, in sharp contrast to their annual salary of only about 100000 yuan.

The above three independent directors take a clear stand to identify the violations of the actual controllers. Has the “shock” of the independent director circle caused by the Kangmei case begun to take effect?

related reports

Meisheng Cultural & Creative Corp.Ltd(002699) after the five link board, it was suggested that the independent director of the venture company once said that the actual controller was suspected of accounting for capital

Yuan universe bull stocks Meisheng Cultural & Creative Corp.Ltd(002699) four board limit: controlling shareholders illegally occupy funds, multiple bad news is difficult to beat speculation

(Shanghai Securities News)

 

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