Regulatory action! Chen Fashu, the former richest man in Fujian, was fined for raising cards four times in violation of regulations. He once bet on many bull stocks and made a sudden profit of 10 billion

Chen Fashu, the former richest man in Fujian, attracted market attention due to illegal placards.

Recently, Chen Fashu and his collaborators did not make a timely announcement when raising their signboards Center International Group Co.Ltd(603098) and the Beijing Securities Regulatory Bureau decided to take administrative regulatory measures to issue a warning letter.

Upon investigation, New Hua Du Supercenter Co.Ltd(002264) Industrial Group Co., Ltd. New Hua Du Supercenter Co.Ltd(002264) industrial group (Shanghai) Investment Co., Ltd., Chen Fashu, Lin Yuye, Chen Yanhui and Xiamen New Hua Du Supercenter Co.Ltd(002264) Investment Management Consulting Co., Ltd. act in concert as Center International Group Co.Ltd(603098) shareholders. On December 6, 2021, 1.5 million Center International Group Co.Ltd(603098) shares were successively purchased in the securities account under Chen Fashu's name, and the total shareholding ratio of the above persons acting in concert increased from 4.78% to 5.06%. The shareholding change information was not announced within 3 days until December 31, 2021; From December 6 to December 29, 2021, the securities account under his name continued to buy and sell Center International Group Co.Ltd(603098) shares, keeping the shareholding ratio above 5%, up to 5.20%.

Beijing Securities Regulatory Bureau believes that the above acts violate the provisions of Article 13 of the measures for the administration of the acquisition of listed companies. In accordance with the relevant provisions, it decides to take administrative supervision measures to issue warning letters.

It is understood that Center International Group Co.Ltd(603098) was listed on the Shanghai Stock Exchange in 2016. It is the first professional metal envelope company listed on the main board in China, mainly providing integrated services for the design, construction and installation of high-end building metal envelope system. In 2021, Longi Green Energy Technology Co.Ltd(601012) invested 1.635 billion yuan to acquire 27.25% of Center International Group Co.Ltd(603098) total shares, thus becoming Center International Group Co.Ltd(603098) the second largest shareholder and entering the construction photovoltaic integration (BIPV) market hand in hand. In terms of stock price performance, Center International Group Co.Ltd(603098) 2021 has increased by more than 477%, which can be described as a proper "Bull Stock".

It is worth noting that Center International Group Co.Ltd(603098) earlier issued a performance reduction announcement. It is estimated that the net profit attributable to the shareholders of the listed company will be about 25 million yuan to 37 million yuan in 2021, and the net profit attributable to the shareholders of the listed company in 2021 will be about 145 million yuan to 157 million yuan, a year-on-year decrease of 79.72% to 86.3%.

In addition, Center International Group Co.Ltd(603098) 3 announced on March 6 that the company and its subsidiary sente green energy won the bid for the roof distributed photovoltaic power generation project of Shandong heavy industry group, with a bid winning amount of 800 million yuan, accounting for 25.37% of the company's audited operating revenue in 2020. The successful project is expected to have a positive impact on the company's future business performance after the formal contract is signed and successfully implemented.

Chen Fashu, the former richest man in Fujian

In the A-share market, Chen Fashu, known as "Buffett of China", once successfully invested in Zijin Mining Group Company Limited(601899) , making hundreds of times of profits and becoming famous in one fell swoop. Subsequently, he successively participated in Tsingtao Brewery Company Limited(600600) , Yunnan Baiyao Group Co.Ltd(000538) , Longi Green Energy Technology Co.Ltd(601012) , China Tourism Group Duty Free Corporation Limited(601888) and many other well-known enterprises, all of which made a lot of profits. It is reported that Chen Fashu has made nearly 10 billion in wealth on Longi Green Energy Technology Co.Ltd(601012) and China Tourism Group Duty Free Corporation Limited(601888) companies alone.

In the 2009 Forbes China rich list, Chen Fashu became the richest man in Fujian with a wealth of 21.85 billion yuan. According to the 2021 Hurun global rich list, Chen Fashu ranked 212 with 71 billion yuan.

Statistics show that Chen Fashu was born in 1961 in Anxi County, Quanzhou and has not graduated from primary school. At first, he made his first pot of gold by doing wood business. In 1989, he successively opened Huadu shopping malls in Xiamen and Fuzhou to move to the retail department store industry.

In 1997, Chen Fashu, the most important investor, New Hua Du Supercenter Co.Ltd(002264) Industrial Group Co., Ltd., was officially established. The company mainly focuses on department stores and supermarkets and involves engineering machinery, real estate and other industries. Chen Fashu even shouted the slogan of "building the best retailer in Haixi Economic Zone".

In the process of undertaking engineering business, Chen Fashu met Chen Jinghe, the general manager who contracted Zijin Mining Group Company Limited(601899) at that time. This also foreshadowed the investment that became famous in the first World War.

In 2000, the Zijin Mining Group Company Limited(601899) share reform encouraged employees of local state-owned enterprises and institutions to subscribe, but few people paid attention to it. With accurate vision and strong courage, Chen Fashu used three affiliated companies including New Hua Du Supercenter Co.Ltd(002264) group to invest a total of 33.59 million yuan, holding 20.19%, of which New Hua Du Supercenter Co.Ltd(002264) group alone holds Zijin Mining Group Company Limited(601899) 17.29 million shares, accounting for 18.2%.

In December 2003 and April 2008, Zijin Mining Group Company Limited(601899) was listed in Hong Kong and A-Shares respectively, becoming " China National Gold Group Gold Jewellery Co.Ltd(600916) the first share", and Chen Fashu's wealth rose with it. This high investment income has also become a "cash cow" for his future investment. On July 31, 2008, Chen Fashu welcomed his second listed company, and his holding New Hua Du Supercenter Co.Ltd(002264) officially landed on the Shenzhen Stock Exchange.

"gamble" in 8 years Yunnan Baiyao Group Co.Ltd(000538)

For Yunnan Baiyao Group Co.Ltd(000538) , Chen Fashu can be said to have "deep love" and "gamble" to take over Yunnan Baiyao Group Co.Ltd(000538) . It can be traced back to 2009, when Chen Fashu signed the share transfer agreement with Hongta Group, the second largest shareholder of Yunnan Baiyao Group Co.Ltd(000538) to purchase Yunnan Baiyao Group Co.Ltd(000538) 1232% of the shares held by Hongta Group with 2.2 billion yuan in cash. However, later, China National Tobacco Corporation, the competent unit of Hongta Group, disagreed with the above equity transfer on the grounds of "to ensure the appreciation and preservation of state-owned assets and prevent the loss of state-owned assets".

However, this did not dispel Chen Fashu's idea. Finally, he successfully entered the ranks of Yunnan Baiyao Group Co.Ltd(000538) shareholders by buying in the secondary market, and entered the list of the top ten shareholders in 2015. With the mixed reform of Yunnan Baiyao Group Co.Ltd(000538) launched in 2016, the capital of New Hua Du Supercenter Co.Ltd(002264) industry controlled by Chen Fashu increased by about 25.4 billion yuan, realizing Yunnan Baiyao Group Co.Ltd(000538) 50% controlling equity. In June 2018, Chen Fashu became the legal representative of Yunnan Baiyao Group Co.Ltd(000538) company.

According to the latest data, Chen Fashu directly holds Yunnan Baiyao Group Co.Ltd(000538) 07% of the shares and indirectly holds 24.27% of the shares through New Hua Du Supercenter Co.Ltd(002264) industrial group, that is, Chen Fashu directly or indirectly holds 24.97% of the shares of Yunnan Baiyao Group Co.Ltd(000538) in total.

According to data, there are eight companies in total that have eight companies with eight names appearing in the list of the top ten shareholders of the top ten shareholders according to data. According to data, Chen hairtree's name (Note: it can't be sure that it's the same natural person as this text refers to) (Note: it's impossible to confirm that it's the same natural person in the list of the top ten shareholders in the list of the top ten shareholders of the top ten shareholders of the top ten shareholders of eight companies (Note: it can't be confirmed that the name of Chen hairtree (Note: it can't be confirmed that it means the same natural person as the natural person in this text), namely Yunnan Baiyao Group Co.Ltd(000538) Yunnan Baiyao Group Co.Ltd(000538) the.

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