The internal battle ended. Xing boyue became the leader of Ginwa Enterprise (Group) Inc(600080) sect

Wu Yijian and Jinhua investment have become a thing of the past, and Xing boyue and Western investment have become the biggest winners

On March 23, Ginwa Enterprise (Group) Inc(600080) issued an announcement on the change of the controlling shareholder and actual controller of the company. Up to now, Xing boyue and those acting in concert have held 94.608 million shares of the company, accounting for 25.35% of the total share capital of the company. Therefore, the board of directors of the company identified Xing boyue and his concerted action as the controlling shareholder of the company, and Xing boyue as the actual controller of the company.

Among the 25.35% shares held by Xing boyue and those acting in concert, Xing boyue holds 64.566 million shares, accounting for 17.30% of the total share capital of the company, Du Ling holds 10.974 million shares, accounting for 2.94% of the total share capital of the company, and Yang Bei holds 10.54 million shares Million shares, accounting for 2.83% of the total share capital of the company. Zhong Chunhua holds 8.521 million shares, accounting for 2.28% of the total share capital of the company.

Affected by this news, Ginwa Enterprise (Group) Inc(600080) shares closed at 8.2 yuan / share, up slightly by 1.36%, with a total market value of 3.061 billion.

End of inner bucket

Statistics show that Xing boyue is currently the largest shareholder of Ginwa Enterprise (Group) Inc(600080) and the son of Xing Yajiang, the current chairman. Zhang Chaoyang, the former chairman of the board of directors, resigned as chairman of the board of directors in February this year due to the "intrusion" incident, and now holds the post of Ginwa Enterprise (Group) Inc(600080) director.

Previously, the equity of Ginwa Enterprise (Group) Inc(600080) controlling shareholders changed due to the public auction of 66897700 shares of listed companies held by the former controlling shareholder Jinhua Investment Holding Group Co., Ltd. (hereinafter referred to as "Jinhua investment") on Taobao judicial auction network platform Ginwa Enterprise (Group) Inc(600080) announced that the change of controlling shareholder's equity will lead to the change of controlling shareholder and actual controller of the company, and the company will have no controlling shareholder and actual controller for the time being.

Subsequently, Ginwa Enterprise (Group) Inc(600080) received the supervision letter from the Shanghai Stock Exchange, requiring the company to check whether the relevant matters such as the judicial auction of Jinhua investment shares have been fully disclosed, and explain whether there are potential arrangements or agreements that should be disclosed between the company, the largest shareholder, the original actual controller and the share winner.

Behind the Jinhua investment of Ginwa Enterprise (Group) Inc(600080) former controlling shareholder is Wu Yijian, the richest man in Shaanxi, who is also the actual controller of Ginwa Enterprise (Group) Inc(600080) .

In June 2020, the 43.53 million non tradable shares held by Ginwa Enterprise (Group) Inc(600080) controlling shareholder Jinhua investment were auctioned by the judiciary and taken over by Xing boyue, the son of Xing Yajiang, the actual controller of western investment. Western investment also became the second largest shareholder of the company with 11.64%.

After entering Ginwa Enterprise (Group) Inc(600080) through judicial auction, Xing boyue and the persons acting in concert started "buying and buying" all the way and continued to buy shares of the company in the secondary market. So far, Xing boyue, Du Ling, Yang Bei and Zhong Chunhua have acted in concert, with a joint shareholding of 25.35%.

Last June, 17.92% of the equity held by Jinhua investment was put on the judicial auction platform. The loss of this equity means that Ginwa Enterprise (Group) Inc(600080) control is about to change.

For this "last city", Jinhua investment is committed to it. The first auction scheduled for July 17 was suspended because "outsiders raised justified objections to the auction property"; The second auction scheduled for August 22 was withdrawn on August 10 due to "two cases being handled together".

But the defense of Jinhua investment was easily broken.

According to the announcement, 668976 million shares of the company (accounting for 17.92% of the total shares of the company and 93.63% of the total shares of the company held by the former controlling shareholder Jinhua Investment Holding Group Co., Ltd. (hereinafter referred to as "Jinhua investment") were auctioned by the judiciary, and Xinyu Xingpeng Tongchuang enterprise management partnership (limited partnership), Wu Xinjin and Xiong Junyan won with the highest bid in the public bidding.

So far, the battle between Wu Yijian's Jinhua investment and Xing boyue's western investment officially ended, and Xing boyue became the actual controller of Ginwa Enterprise (Group) Inc(600080) company Ginwa Enterprise (Group) Inc(600080) previously, "Xing boyue did not seek the control of listed companies, recognized the control status of the largest shareholder of listed companies, and had no intention of causing disputes with the largest shareholder Jinhua Investment Holding Group Co., Ltd. over the control of listed companies".

Asset sales are only focused on the main business

According to the data, Ginwa Enterprise (Group) Inc(600080) started with drug research and development, production and sales, and went public in June 1997. Its main business involves pharmaceutical industry, pharmaceutical commerce, hotel industry and other fields.

On March 11, Ginwa Enterprise (Group) Inc(600080) announced that the company planned to transfer 100% equity of its wholly-owned subsidiary Jinhua International Hotel Co., Ltd. (hereinafter referred to as "Jinhua International Hotel") through public auction at a price of about 369 million yuan.

In this regard, Ginwa Enterprise (Group) Inc(600080) explained that Jinhua international hotel has suffered losses for years. At the same time, its main business is hotel operation, which is not the core business of the company's pharmaceutical industry. The public auction of its equity is to effectively improve the company's operating performance and focus resources on the pharmaceutical industry.

According to the data, in 2020, Jinhua International Hotel achieved a revenue of 204271 million yuan and a net profit of - 296383 million yuan; In 2021, it realized a revenue of 218514 million yuan and a net profit of - 272817 million yuan. As of December 31, 2021, Jinhua international hotel has achieved total assets of about 370 million yuan and net assets of about 344 million yuan.

With regard to the development strategy of Ginwa Enterprise (Group) Inc(600080) new actual controller, the reasons for the sale of Jinhua International Hotel and the listing of tiger bone wine products focusing on artificial tiger bone powder, this newspaper has sent an interview letter to the enterprise. As of press time, no reply has been made.

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