On March 1, Zhejiang Zhongjian Technology Co.Ltd(002779) ( Zhejiang Zhongjian Technology Co.Ltd(002779) , SZ) announced that the controlling shareholder of the company Zhongjian Electromechanical group Co., Ltd. (hereinafter referred to as Zhongjian electromechanical) signed the share transfer agreement with Shanghai Qiaoying enterprise management center (limited partnership) (hereinafter referred to as Shanghai Qiaoying) the day before (February 28), It is proposed to transfer its 6.6 million shares of the company (accounting for 5% of the total share capital of the company) to Shanghai Qiaoying with a total price of 143 million yuan.
The pricing basis of this agreement transfer of Zhongjian Electromechanical is 21.67 yuan / share, while the closing price of Zhejiang Zhongjian Technology Co.Ltd(002779) february 28 is 26.39 yuan. The agreement transfer price is about 18% lower than the share price of the listed company. It is worth mentioning that at the end of December last year, Zhongjian electromechanical just announced the transfer of the Zhejiang Zhongjian Technology Co.Ltd(002779) agreement of 19.8 million shares to two natural persons at the price of 14.36 yuan / share. The previous transaction has not been completed, but judging from the current stock price, the transferee has a floating profit of more than 200 million yuan.
The reason for the two equity transfer agreements of backbone Electromechanical is “based on their own capital needs”. Last year, Zhejiang Zhongjian Technology Co.Ltd(002779) also disclosed the pledged equity of backbone electromechanical for many times.
buyer’s investment boss
The buyer’s company Shanghai Qiaoying was established on February 14 this year, and it is only about half a month now. Qixinbao equity penetration shows that the beneficial owner behind Shanghai Qiaoying is sun Hui, executive director and general manager of Shanghai Huiqiu Investment Co., Ltd. (hereinafter referred to as Huiqiu investment).
For the capital market, sun Hui is not unknown. He is a shareholder of many listed companies.
Huiqiu investment, founded in June 2015, covers industrial investment, business information consulting, etc. it once obtained the initial shares of Cansino Biologics Inc(688185) -u ( Cansino Biologics Inc(688185) , SH) IPO known as the “pioneer of innovative vaccine”, and indirectly participated in the IPO of Ld Intelligent Technology Co.Ltd(300883) ( Ld Intelligent Technology Co.Ltd(300883) , SZ) Huiqiu investment is also one of the major shareholders of Chengdu Hanlin Culture Co., Ltd., which is mainly engaged in carving art creation services. It was listed on the new third board in 2016, and then actively applied for termination in 2020.
According to the micro data, sun Hui is a Singaporean nationality. Suzhou yinghuate Vortex Technology Co., Ltd., which he shares, plans to be listed on the gem and has entered the second round of audit and inquiry stage. Suzhou xingnuoqi Technology Co., Ltd., which he indirectly participates in, is breaking into the gem three times and is currently in the examination and inquiry stage.
Sun Hui was also a strategic investor during the restructuring of Shenzhen Sunshine Laser & Electronics Technology Co.Ltd(300227) ( Shenzhen Sunshine Laser & Electronics Technology Co.Ltd(300227) , SZ) in 2016. Shenzhen Sunshine Laser & Electronics Technology Co.Ltd(300227) said that he “has rich experience in equity investment and has a wide range of investment fields, including financial investment, biomedicine, cultural creativity, tourism, manufacturing, etc.”.
are the controlling shareholders short of funds
In less than 100 days, backbone electromechanical has signed equity transfer agreements twice. If the transaction is completed, the shareholding ratio of backbone electromechanical will be reduced from 51.55% to 31.55%, but it is still the Zhejiang Zhongjian Technology Co.Ltd(002779) controlling shareholder.
On December 30 last year, according to the announcement disclosed by Zhejiang Zhongjian Technology Co.Ltd(002779) disclosure, the controlling shareholder Zhongjian electromechanical plans to transfer its 7.788 million shares (accounting for 5.9% of the total share capital) and 12.012 million shares (accounting for 9.1% of the total share capital) to Wang Weiming and Wang Weiwei through agreement transfer at the price of 14.36 yuan / share.
Zhejiang Zhongjian Technology Co.Ltd(002779) said that as of March 1, the above-mentioned agreement transfer had obtained the compliance confirmation issued by Shenzhen Stock Exchange, but because some shares still need to go through the pledge procedures with the pledgee, the transfer has not been completed. However, according to the current stock price level, the two natural persons have made a lot of money – according to the closing price on February 28, the cumulative floating profit of the two transfer transactions exceeded 200 million yuan.
Due to the needs of financing, self operation or supplementary pledge, the equity pledge of backbone electromechanical has been frequent in the past five years, especially in 2021. According to the announcement, there were five share pledges of backbone electromechanical in 2021. As of October 30, 2021, backbone electromechanical had pledged 51.96 million shares, accounting for 76.36% of its shares and 39.36% of the total share capital of the listed company.
Previously, in September 2017, due to the failure to timely inform the listed company of the pledge of shares, leading to the violation of timely information disclosure by the listed company, backbone electromechanical received a warning letter from Zhejiang securities regulatory bureau.
Repeatedly pledged shares and intensively transferred shares, is the backbone Electromechanical of Zhejiang Zhongjian Technology Co.Ltd(002779) the controlling shareholder short of funds? On the morning of March 2, people close to Zhejiang Zhongjian Technology Co.Ltd(002779) told the daily economic news that there was no shortage of funds for the controlling shareholders. At the same time, he also said that for equity transfer by agreement, backbone electromechanical does not need to notify the listed company in advance. Therefore, the company is not aware of such transfer in advance.
In addition, it should be added that since February this year, Zhejiang Zhongjian Technology Co.Ltd(002779) has twice issued announcements on stock price changes. The announcement shows that from February 9 to 11, Zhejiang Zhongjian Technology Co.Ltd(002779) for three consecutive trading days, the deviation of the closing price increase has reached 20%, which belongs to the abnormal fluctuation of stock trading according to the relevant regulations of Shenzhen Stock Exchange. A week later, from February 21 to 23, Zhejiang Zhongjian Technology Co.Ltd(002779) there was a cumulative deviation of 20% from the closing price for three consecutive trading days.
