The Kingland Technology Co.Ltd(000711) , known as the “first demon stock in the year of the ox”, suddenly announced the loss of the official seal, which is a management omission of the listed company? Or the phantom of internal struggle in the company?
Kingland Technology Co.Ltd(000711) official seal and legal person seal are lost
On December 27, Kingland Technology Co.Ltd(000711) announced that after receiving the notice from the seal administrator, the seal administrator accidentally lost the company’s official seal and the personal seal of legal person Yang Rengui due to poor management. In order to reduce and control the losses and risks caused to the company by the loss of the above seals, the company has arranged staff to handle the re engraving of seals.
Before using the new official seal and legal person seal, the company and legal person Yang Rengui will not recognize any contract, agreement and all other documents signed by anyone using the above seal, and will investigate the legal liabilities of relevant responsible persons according to law and all losses caused to the company and Mr. Yang Rengui.
Kingland Technology Co.Ltd(000711) management “big water change”
Recently, Kingland Technology Co.Ltd(000711) management has “changed water”, many executives have left one after another, and the president, vice president, independent directors and supervisors of the company have left one after another. Some netizens joked, “if we take a few more executives, the chairman will soon become a bare pole commander.”
On December 27, Kingland Technology Co.Ltd(000711) received the resignation report of Tian Xiaonan, Secretary of the board of directors and representative of securities affairs. Tian Xiaonan applied for resignation from the position of secretary of the board of directors and representative of securities affairs for personal reasons. After resignation, Ms. Tian Xiaonan will no longer hold any position in the company (including subsidiaries).
On December 9, Kingland Technology Co.Ltd(000711) announced that the board of directors of the company had received Zhu Jiang’s resignation report. Zhu Jiang applied for resignation as an independent director and all his positions in the special committee of the board of directors for personal reasons. After his resignation, Mr. Zhu Jiang no longer held any position in the company.
On December 3, Meng Chen applied for resignation as a supervisor of the company for personal reasons and no longer held any position in the company after his resignation.
On November 13, Kingland Technology Co.Ltd(000711) director Jiang lishuo and independent director Chen Fangqing also resigned.
On August 25, Yang Dehui applied for resignation from the position of employee representative supervisor of the company for personal reasons, and remained in the company after resignation.
On July 17, Ms. Guo Yuanyuan, vice president and Ms. Liu Xin, director, vice president and Secretary of the board of directors, gave their resignation reports. After resignation, Ms. Guo Yuanyuan and Ms. Liu Xin will no longer hold any position in the company. During the vacancy of the Secretary of the board of directors of the company, Yang Rengui, chairman of the board of directors, shall act as the Secretary of the board of directors.
On April 3, Li Wenming, vice president of the company, applied for resignation.
On March 28, Wu Chunjun applied for resignation as president, director and vice chairman of the ninth board of directors and member of the strategy committee of the board of directors for personal reasons. After his resignation, Mr. Wu Chunjun no longer held any position in the company.
It is worth noting that a number of directors and senior executives who have recently left office can be regarded as senior employees of the company. Independent director Chen Fangqing and vice president Liu Xin have worked in the company since 2014. The reasons behind this successive departure are intriguing.
According to the data, Yang Rengui, the legal person of Kingland Technology Co.Ltd(000711) company, is 54 years old. He has a doctor of Finance (currently studying) and a senior master of business administration from Tsinghua University. He is currently the chairman of Jinglan Holdings Co., Ltd., the chairman of poplar evergreen Investment Management Co., Ltd., and the chairman of poplar growth investment (Beijing) Co., Ltd.
Kingland Technology Co.Ltd(000711) proposed to introduce state-owned capital
was once called “the first demon stock in the year of the ox”
It is worth noting that Kingland Technology Co.Ltd(000711) once soared after the Spring Festival this year, realizing 7-board connection. Therefore, it is known as “the first demon stock in the year of the ox”.
On the news, on February 8, Kingland Technology Co.Ltd(000711) announced that the company’s controlling shareholder poplar Lantian and its actual controller Guo Shaozeng had an investment strategic cooperation agreement with Xinjiang. If the equity transfer can be successfully implemented, the controlling shareholder of the company will be changed to Xinjiang investment. Affected by the news, Kingland Technology Co.Ltd(000711) shares soared.
However, it seems that the above matters have not yet come to fruition. On July 28, Kingland Technology Co.Ltd(000711) said that the matter was still in the negotiation stage, the parties to the transaction were still negotiating on the details of cooperation, and there was uncertainty about the future implementation. On November 3, Kingland Technology Co.Ltd(000711) said on the investor interaction platform that the company was still actively promoting the introduction of strategic investors.
According to public data, Kingland Technology Co.Ltd(000711) has changed its main business for many times. Previously, Kingland Technology Co.Ltd(000711) ‘s main business was electronic information technology development, and then changed to real estate and mining. In 2015, Jinglan holdings became a listed company, divested its original business and merged into the field of environmental protection.
At present, Kingland Technology Co.Ltd(000711) is committed to becoming China’s leading green wisdom overall solution provider and operation service provider in the field of ecological environment. The company has carried out orderly business segments in industrial ecology, ecological water conservancy, ecological environment and intelligent ecology, formed benign complementarity, and promoted the stable and healthy development of the company in the field of ecological environment.
Kingland Technology Co.Ltd(000711) providing financial assistance information due to concealment
has been issued a supervision letter
In addition, Kingland Technology Co.Ltd(000711) was issued a supervision letter because it concealed the information of providing financial assistance. On September 17, Shenzhen Stock Exchange issued a supervision letter to Kingland Technology Co.Ltd(000711) , which pointed out that in the announcement on the reply to the inquiry letter of the 2020 annual report of Shenzhen Stock Exchange disclosed by Kingland Technology Co.Ltd(000711) , Zhongke Dingshi Environmental Engineering Co., Ltd., the holding subsidiary of the company, signed a loan contract with a Beijing factoring Co., Ltd. (hereinafter referred to as “factoring company”) in March 2020, providing a loan amount of 80 million yuan to the factoring company, It is used to provide loans to Jinglan Muhe water saving equipment Co., Ltd., the holding subsidiary of the company. The above matters constitute the provision of financial assistance. Kingland Technology Co.Ltd(000711) failed to perform appropriate review procedures and disclosure obligations on the above matters, in violation of relevant regulations.
On June 16, Kingland Technology Co.Ltd(000711) announced that Heilongjiang Securities Regulatory Bureau issued the decision on administrative supervision measures to Gao Xuegang and other compensation obligors.
The operation of Kingland Technology Co.Ltd(000711) in recent years is not optimistic. The third quarterly report shows that the company’s net profit attributable to the parent company in the first three quarters lost 344 million yuan; The operating revenue was 605 million yuan, a year-on-year increase of 7.83%; The basic earnings per share was -0.34 yuan, and the basic earnings per share in the same period of last year was -0.43 yuan.
By the end of the third quarter, Kingland Technology Co.Ltd(000711) had 38800 shareholders.
(China Fund News)
