On March 24, an announcement made by the semiconductor enterprise Jilin Sino-Microelectronics Co.Ltd(600360) attracted market attention.
Jilin Sino-Microelectronics Co.Ltd(600360) said that Wang Yufeng, the former vice chairman of the company, was suspected of multiple criminal crimes. After being reported by Shanghai Pengsheng, Jilin Sino-Microelectronics Co.Ltd(600360) and Xia Zengwen, the chairman, in their real names, Wang Yufeng has been filed for investigation by public security organs in many places.
Jilin Sino-Microelectronics Co.Ltd(600360) said that in order to escape the crime of duty embezzlement, Wang Yufeng transferred and planted the problem of his embezzlement of huge assets of Shanghai Pengsheng to listed companies, fabricated financial fraud of listed companies, constantly falsely accused and discredited listed companies, with the intention of hoodwinking regulators and creating obstacles to the normal production and operation of listed companies and future development
In response to Wang Yufeng’s various acts of revenge and slander against listed companies and chairman Xia Zengwen, Jilin Sino-Microelectronics Co.Ltd(600360) said that his attitude was clear and firm, he would never compromise with criminal acts, and would continue to expose and report the criminal acts of Wang Yufeng and others.
On the 24th, Jilin Sino-Microelectronics Co.Ltd(600360) received the supervision letter from the Shanghai Stock Exchange, clarifying the supervision requirements on relevant matters of the company, including listed companies, directors, supervisors, senior managers, controlling shareholders and actual controllers.
Jilin Sino-Microelectronics Co.Ltd(600360) : Wang Yufeng, former vice chairman, falsely accused and discredited the listed company, and the company will never bow
Jilin Sino-Microelectronics Co.Ltd(600360) announced on the 24th that recently, some media published and reproduced false information against the company, its controlling shareholder (Shanghai Pengsheng) and its actual controller (Zeng Tao) on websites, stock bars and other network platforms, which had a serious negative impact on Jilin Sino-Microelectronics Co.Ltd(600360) and Jilin Sino-Microelectronics Co.Ltd(600360) now clarifies and declares the relevant situation according to the facts.
In the clarification statement, Jilin Sino-Microelectronics Co.Ltd(600360) said that Wang Yufeng, the former vice chairman of the company and the former legal representative of Shanghai Pengsheng, the controlling shareholder of the company, was suspected of multiple criminal crimes. After being reported by Shanghai Pengsheng, Jilin Sino-Microelectronics Co.Ltd(600360) and chairman Xia Zengwen in their real names, Wang Yufeng has been filed for investigation by public security organs in many places.
Jilin Sino-Microelectronics Co.Ltd(600360) said that during the investigation of the public security organ, Wang Yufeng took various means to destroy Jilin Sino-Microelectronics Co.Ltd(600360) normal production and operation, in an attempt to retaliate against the informant and evade criminal responsibility. Details are as follows:
1. Wang Yufeng filed a false civil lawsuit against Shanghai Pengsheng and Zeng Tao, the current legal representative of Shanghai Pengsheng, with the intention of interfering with and resisting the normal criminal investigation of the public security organ, and further committing the crime of embezzlement against Shanghai Pengsheng. During this period, he continued to extort money from Shanghai Pengsheng. In the first instance of the case, the Shanghai First Intermediate People’s court rejected all the claims of Wang Yufeng and Chen Zufang; After the second instance of Shanghai Higher People’s court, the final judgment rejected the appeals of Wang Yufeng and Chen Zufang and upheld the original judgment.
2. Wang Yufeng used Internet media to spread false information, maliciously confused investors, media and regulators, and placed Jilin Sino-Microelectronics Co.Ltd(600360) in the vortex of public opinion, which caused irreparable losses to the reputation of listed companies and other aspects.
3. In order to escape the crime of duty embezzlement, Wang Yufeng transferred and planted the embezzlement of Shanghai Pengsheng’s huge assets to the listed company, fabricated the financial fraud of the listed company, and constantly falsely accused and discredited the listed company to the regulatory authorities in order to deceive the regulatory authorities and create obstacles to the normal production and operation and future development of the listed company.
4. Since 2015, in addition to continuously planting and fabricating the facts of financial fraud of listed companies, Wang Yufeng has also constantly intimidated, threatened and harassed the previous and current independent directors, directors and Accountants of audit institutions of listed companies by means of text messages, letters and telephone, which has seriously damaged the normal operation and management order of listed companies.
“In addition, because the release of relevant false information has attracted much attention, the regulatory authorities have inspected and interviewed Jilin Sino-Microelectronics Co.Ltd(600360) and sent letters such as regulatory measures and inquiry letters to Jilin Sino-Microelectronics Co.Ltd(600360) so that Jilin Sino-Microelectronics Co.Ltd(600360) is tired of dealing with various replies, and the image of listed companies is damaged.” Jilin Sino-Microelectronics Co.Ltd(600360) said that Wang Yufeng’s above-mentioned behaviors have caused irreparable huge losses and adverse effects to Jilin Sino-Microelectronics Co.Ltd(600360) and the company will never bow to such outlaws and damage listed companies.
Wang Yufeng has been filed for investigation by public security organs in many places due to his involvement in multiple criminal crimes
According to the description of Jilin Sino-Microelectronics Co.Ltd(600360) , Wang Yufeng served as the legal representative and chairman of Shanghai Pengsheng from June 2005 to November 2014 and as the vice chairman of Jilin Sino-Microelectronics Co.Ltd(600360) from June 2006 to October 2014. Wang Yupeng resigned from Shanghai in October 2014.
Wang Yufeng has been put on file for investigation by public security organs in many places because he is involved in many criminal crimes Jilin Sino-Microelectronics Co.Ltd(600360) said that it was learned and verified that in order to obtain huge illegal benefits, Wang Yufeng directly committed or instructed employees to commit criminal acts such as embezzling the company’s assets and undermining the national economic order. The criminal acts and harmful results involved many provinces and cities across the country.
At present, Jilin police have filed and investigated Wang Yufeng’s suspected crime of job occupation, and sent the notice of filing to Jilin Sino-Microelectronics Co.Ltd(600360) the people involved in Wang Yufeng and his gang. At the same time, Wang Yufeng and his gang were filed and investigated by the public security organs in Shanghai, Jiangxi and other places. Due to the huge amount of money involved in the case of Wang Yufeng and others, the public security organ has sealed up and frozen a large amount of Wang Yufeng’s property involved in the case according to law and taken compulsory measures such as restricting the exit of Wang Yufeng and others.
Jilin Sino-Microelectronics Co.Ltd(600360) said that in view of Wang Yufeng’s retaliation and slander against the listed company and chairman Xia Zengwen, Jilin Sino-Microelectronics Co.Ltd(600360) has a clear and firm attitude, will not compromise with the criminal acts, and will continue to expose and report the criminal acts of Wang Yufeng and others.
Jilin Sino-Microelectronics Co.Ltd(600360) said that while actively cooperating with the public security organ in the criminal investigation of Wang Yufeng, the company will also actively cooperate with the normal supervision and correspondence work of the regulatory authority. At present, Jilin Sino-Microelectronics Co.Ltd(600360) production and operation are normal, the company’s products have strong market demand and good development momentum. In the future, the company will do a good job in operation and management and continue to improve the performance of listed companies.
both parties’ equity dispute has lasted for many years
in fact, the equity dispute between Wang Yufeng and Zeng Tao, the actual controller of Jilin Sino-Microelectronics Co.Ltd(600360) has lasted for many years.
On November 29, 2014, Wang Yupeng held 360% of the shares in Shanghai, and the latter was the former shareholder of Yufeng; In addition, Tianjin Huahan holds 56.14% equity of Shanghai Pengsheng and Wang Qingzhi holds 19.33% equity of Shanghai Pengsheng.
On November 29, 2014, Wang Yufeng signed the equity transfer agreement with Zeng Tao, and Wang Yufeng transferred his 24.53% equity of Shanghai Pengsheng to Zeng Tao. Subsequently, Chen Zufang and Liang Zhiyong transferred 55% of the equity of Tianjin Huahan to Zeng Tao.
After a series of equity transfers, Zeng Tao held 55% equity of Tianjin Huahan in September 2015; Tianjin Huahan holds 30.12% equity of Shanghai Pengsheng and Zeng Tao holds 13.16% equity of Shanghai Pengsheng; Shanghai Pengsheng holds Jilin Sino-Microelectronics Co.Ltd(600360) 2351% The actual controller of Jilin Sino-Microelectronics Co.Ltd(600360) was changed from Liang Zhiyong to Zeng Tao.
In November 2015, Wang Yufeng filed a lawsuit with the people’s Court of Pudong New Area of Shanghai on the equity dispute between Shanghai Pengsheng and Tianjin Huahan, and then withdrew the lawsuit. In January 2018, Wang Yufeng filed a lawsuit against the above facts with Tianjin Higher People’s court. After the Tianjin high court and the Supreme People’s court made a ruling on the jurisdiction, the ruling of the case was transferred to Shanghai No. 1 Intermediate People’s court for jurisdiction. In the first instance of the case, the Shanghai First Intermediate People’s court rejected all the claims of Wang Yufeng and Chen Zufang; After the second instance of Shanghai Higher People’s court, the final judgment rejected the appeals of Wang Yufeng and Chen Zufang and upheld the original judgment.
In December 2019, some media reported that Zeng Tao, the actual controller of Jilin Sino-Microelectronics Co.Ltd(600360) company, paid for the acquisition of equity from the listed company, and the share allotment fund of the controlling shareholder also came from the listed company, which was arranged by Xia Zengwen, the chairman of the company. This also attracted the attention of regulators. The Shanghai Stock Exchange issued a supervision letter to Jilin Sino-Microelectronics Co.Ltd(600360) company.
However, in response to the regulatory letter, Jilin Sino-Microelectronics Co.Ltd(600360) denied the relevant media reports Jilin Sino-Microelectronics Co.Ltd(600360) said that after the verification of all directors, supervisors and senior executives, the equity transfer and allotment funds do not have the instructions and capital arrangements of the company’s chairman Xia Zengwen, and the 344 million yuan of funds for the acquisition of equity are owned and self raised by shareholders, not from listed companies. The share allotment funds of controlling shareholders come from self raised funds, not directly or indirectly from listed companies.
Jilin Sino-Microelectronics Co.Ltd(600360) said that according to the company’s self-examination, the company has no business and capital exchanges with the controlling shareholder, actual controller and its related parties, and there is no situation in which shareholders occupy funds or transfer interests to related parties. The company inquired from Shanghai Pengsheng and Zeng Tao, the actual controller, that the equity transfer funds were owned and raised by the transferee shareholders.
Jilin Sino-Microelectronics Co.Ltd(600360) 2021 net profit increased by 2 times year-on-year, and the controlling shareholder plans to reduce its shares
According to the public information, Jilin Sino-Microelectronics Co.Ltd(600360) is mainly engaged in the design and development of power semiconductor devices, chip manufacturing, packaging testing, sales and other businesses. The company was listed on the Shanghai Stock Exchange in March 2001 and is the first listed company in the field of power semiconductor devices in China. According to the official website, the company has total assets of 6.8 billion yuan and more than 2300 employees.
According to the latest performance express, in 2021, Jilin Sino-Microelectronics Co.Ltd(600360) total operating revenue was 2.21 billion yuan, a year-on-year increase of 28.60%; The net profit attributable to shareholders of listed companies was 110 million yuan, a year-on-year increase of 222.17%. During the reporting period, the company seized the opportunity of localization and substitution of power semiconductors and focused on the development of its main business. Customer orders increased, sales revenue increased and gross profit increased.
In the secondary market, Jilin Sino-Microelectronics Co.Ltd(600360) ‘s share price performance is not outstanding in recent years and has maintained a volatile pattern. The latest market value of the company is 7.2 billion yuan.
On March 1, Jilin Sino-Microelectronics Co.Ltd(600360) announced that due to its own operating capital needs, the controlling shareholder of the company, Shanghai Pengsheng, plans to reduce its shares in the company by means of centralized bidding and block trading within six months after 15 trading days, with a total reduction of no more than 28.8 million shares, accounting for about 2.9991% of the total share capital of the company.
