On March 26, the shell finance reporter of Beijing News learned from the online judicial auction platform of Beijing Equity Exchange that 109.96 million shares of the company’s shares held by Zoneco Group Co.Ltd(002069) investment development center of Changhai County, the controlling shareholder of Zoneco Group Co.Ltd(002069) were successfully auctioned by Dalian Yanhua Group Co., Ltd. for 34291026 million yuan.
According to the third quarter report of Zoneco Group Co.Ltd(002069) 2021, Zoneco Group Co.Ltd(002069) investment development center holds 159 million tradable shares with Zoneco Group Co.Ltd(002069) unlimited sales conditions, accounting for 22.49% of the total share capital of the company. The equity auctioned this time accounts for 68.74% of the total shares of the company and 15.46% of the total share capital of the company.
Based on this calculation, if the auction is successful, the shareholding ratio of Zoneco Group Co.Ltd(002069) Investment Development Center will be reduced to 7.03%. The announcement also said that in this case, the Zoneco Group Co.Ltd(002069) investment development center of Changhai County will passively reduce its holdings and lead to changes in equity, which will affect the status of its controlling shareholder.
According to the enterprise investigation data, Dalian Salt Chemical Group Co., Ltd. was established in May 1980. Its business scope mainly includes sea salt mining, industrial salt manufacturing, powder washing salt, refined salt, sun salt, pickled salt processing, etc. the controlling shareholder of the company is Dalian State-owned Assets Investment Group Co., Ltd.
The shell finance reporter of the Beijing News learned that the equity auction was due to the failure of Zoneco Group Co.Ltd(002069) investment development of Changhai County to complete the repayment obligation of share pledge repurchase.
According to the announcement on February 19, Zoneco Group Co.Ltd(002069) the controlling shareholder of Zoneco Group Co.Ltd(002069) Changhai County Zoneco Group Co.Ltd(002069) Investment Development Center, the shareholder of Changhai County Zoneco Group Co.Ltd(002069) economic development center and the shareholder of Changhai County Zoneco Group Co.Ltd(002069) large consumption economic development center pledged their total 249 million shares of the company to Ping An Securities respectively.
On October 15, 2021, the three shareholders received the award of Shenzhen International Arbitration Court, requiring them to repay the principal of the financing funds to Ping An Securities, pay corresponding liquidated damages and bear the liability for compensation. The above 249 million shares were judicially frozen by Dalian intermediate people’s Court of Liaoning Province.
On February 18, three shareholders received the execution ruling issued by Dalian intermediate people’s Court of Liaoning Province, and the case entered the execution procedure. As the person subjected to execution, the frozen securities of the three shareholders should be changed in price because they failed to fulfill their repayment obligations, and the debts owed by the person subjected to execution should be paid off with the proceeds of the change in price.
The court finally ruled that the auction and sale executor Zoneco Group Co.Ltd(002069) investment development center of Changhai County held Zoneco Group Co.Ltd(002069) 10996 million shares. On February 24, Zoneco Group Co.Ltd(002069) announced that the above 109.96 million shares would be auctioned by the judiciary, accounting for 687384% of the total shares of the company and 154631% of the total share capital of the company.
It is understood that after the equity change, Zoneco Group Co.Ltd(002069) the shareholding proportion of the top ten shareholders will be further dispersed. Some lawyers who do not want to be named publicly said that the auction was successful, Zoneco Group Co.Ltd(002069) or it will enter the state of no actual controller.
On March 25, Zoneco Group Co.Ltd(002069) shares closed at 4.16 yuan / share, while the starting price of the auction was equivalent to 3.12 yuan per share.
