A-share market is now sky high “breakup fee”!
On April 13, the Shenzhen listed company Shenzhen Jingquanhua Electronics Co.Ltd(002885) disclosed that Mr. Zhang lipin and Ms. Dou Xiaoyue, the controlling shareholder and actual controller of the company, had gone through divorce procedures and dissolved their marriage relationship.
According to the divorce agreement signed by both parties, Zhang lipin transferred his Shenzhen Jingquanhua Electronics Co.Ltd(002885) 1504 million shares to Dou Xiaoyue. Based on the closing price of 14.84 yuan / share on that day, the market value of the above shares exceeded 200 million yuan.
it is worth noting that since the end of September last year, Shenzhen Jingquanhua Electronics Co.Ltd(002885) share price has staged a “roller coaster”. The company had nearly doubled in more than two months, and then spent another four months falling back to the original point. Data show that Shenzhen Jingquanhua Electronics Co.Ltd(002885) share price has fallen nearly 60% since the high of 36.82 yuan / share in December last year
In recent years, A-share listed companies have frequently seen sky high divorce cases. For example, Wuxi Xinje Electric Co.Ltd(603416) actual controller Li Xin transferred 1.5 billion yuan of shares to his ex-wife due to divorce, and Kunlun Tech Co.Ltd(300418) chairman and actual controller Zhou Yahui distributed more than 7 billion yuan of shares to his ex-wife during divorce. So far, the record of A-share divorce fee has been created by Du Weimin, the chairman and actual controller of Shenzhen Kangtai Biological Products Co.Ltd(300601) . At that time, Du Weimin distributed shares to his ex-wife yuan Liping due to divorce, with a value of 23.5 billion yuan.
Shenzhen Jingquanhua Electronics Co.Ltd(002885) actual controller transfers over 200 million yuan of shares to ex-wife
On April 13, Shenzhen Jingquanhua Electronics Co.Ltd(002885) announced that Zhang lipin, the controlling shareholder and actual controller of the company, and Dou Xiaoyue had gone through divorce procedures, dissolved their marriage relationship, signed the divorce agreement and the voting power entrustment agreement, and conducted relevant property division and voting power entrustment.
As of the announcement date, Zhang lipin held 35870000 Shenzhen Jingquanhua Electronics Co.Ltd(002885) shares, accounting for 19.93% of the total share capital of the company; Dou Xiaoyue holds 5.79 million shares of the company, accounting for 3.22% of the total share capital of the company. According to the divorce agreement, Zhang lipin transferred 15.04 million shares of the company he held to Dou Xiaoyue without additional conditions at one time and through non transaction transfer.
On the 13th day, Shenzhen Jingquanhua Electronics Co.Ltd(002885) shares closed down 6.43% to 14.84 yuan / share. According to the closing price, the value of 15.04 million shares transferred above exceeds 223 million yuan.
after this equity change, Dou Xiaoyue holds 20.83 million shares of the company, accounting for 11.57% of the total share capital of the company; Zhang lipin holds 20.83 million shares of the company, accounting for 11.57% of the total share capital of the company; Zhang lipin and Zhang Liyang, the person acting in concert, hold a total of 28.43 million shares of the company, accounting for 15.79% of the total share capital of the company
Meanwhile, Dou Xiaoyue entrusted Zhang lipin to exercise the voting rights, nomination rights and proposal rights corresponding to 20.83 million shares of the company, and Zhang lipin agreed to accept the entrustment. Therefore, this change in equity led to the change of the actual controller of the company from the joint control of Zhang lipin and Dou Xiaoyue to the control of Zhang lipin alone, but it did not lead to the change of the controlling shareholder of the company and did not involve the change of the control right of the company.
It is understood that Dou Xiaoyue expired on March 23, 2022 and left the post of deputy general manager of the company. At present, she does not work in Shenzhen Jingquanhua Electronics Co.Ltd(002885) and does not participate in the production and operation of the company. Since the date of dissolution of this marriage, Dou Xiaoyue is no longer the actual controller of the company, and her increase or decrease in shares is no longer calculated together with Zhang lipin.
According to public information, Zhang lipin was born in October 1964, with a bachelor’s degree and a senior engineer. Dou Xiaoyue was born in October 1965 with a master’s degree.
Shenzhen Jingquanhua Electronics Co.Ltd(002885) share price staged a roller coaster: nearly doubled and then fell back to the origin
Shenzhen Jingquanhua Electronics Co.Ltd(002885) focuses on the electronic component industry. It is a solution provider integrating the production of magnetic components and power products, component potting and assembly technology. The company’s products include high-frequency transformer, low-frequency transformer, intelligent power supply, gallium nitride power supply, LED power supply, inverter, three-phase transformer, etc. the main application fields include new energy vehicles and charging piles, 5g communication and application, data center, photovoltaic, wind power generation and energy storage.
In the secondary market, since the end of September last year, Shenzhen Jingquanhua Electronics Co.Ltd(002885) ‘s share price has been a roller coaster. From September 30 to December 6, 2021, the company has nearly doubled. But then, the company’s share price fell again. Since the high point of 36.82 yuan / share on December 7, 2021, Shenzhen Jingquanhua Electronics Co.Ltd(002885) share price has fallen by nearly 60% and the market value has shrunk to 2.7 billion yuan.
In terms of performance, in recent years, Shenzhen Jingquanhua Electronics Co.Ltd(002885) ‘s revenue has remained stable, but its net profit has declined. In 2019 and 2020, the company’s revenue was 1.333 billion yuan and 1.314 billion yuan respectively, with a year-on-year increase of 14.28% and – 1.43% respectively; The net profit attributable to the parent company was 52.06 million yuan and 32.8 million yuan respectively, with a year-on-year decrease of 34.7% and 37.01% respectively. In the first three quarters of 2021, the company’s revenue was 543 million yuan, a year-on-year increase of 47.23%, and the net profit attributable to the parent was 15.93 million yuan, a year-on-year decrease of 0.53%.
a-share listed companies frequently present sky high price divorce cases
In recent years, A-share listed companies have frequently seen sky high divorce cases.
On September 12, 2016, Kunlun Tech Co.Ltd(300418) announced that after receiving the notice from Zhou Yahui, the actual controller and chairman of the company, Zhou Yahui and Li Qiong reached an agreement on share division. Zhou Yahui split and transferred 207 million shares of Kunlun Tech Co.Ltd(300418) that he directly held to Li Qiong.
In addition, Zhou Yahui transferred 946400 yuan of paid in capital held by Yingrui century to Li Qiong. Yingrui century indirectly held Kunlun Tech Co.Ltd(300418) 2 billion shares. Li Qiong indirectly obtained Kunlun Tech Co.Ltd(300418) of 7054000 shares by dividing the paid in capital of Yingrui century. The above shares belong to Li Qiong from the date of transfer.
to sum up, Li Qiong obtained 278 million shares of Kunlun Tech Co.Ltd(300418) directly and indirectly. Based on the closing price of Kunlun Tech Co.Ltd(300418) b on September 12, 2016 of 25.33 yuan, the value of this part of equity is more than 7 billion yuan
On the evening of January 25, 2017, Hunan Mendale Hometextile Co.Ltd(002397) announced that Jiang tianwu, the actual controller and chairman of the company, signed a divorce agreement with Ms. Wu Jing. Jiang tianwu divided 127 million shares of the company into Wu Jing’s name. According to the stock price at that time, the market value of the divided shares was about 1 billion yuan.
In May 2020, the vaccine manufacturer Shenzhen Kangtai Biological Products Co.Ltd(300601) announced that due to the dissolution of marriage and property division, Du Weimin, the controlling shareholder and actual controller of the company, planned to split and transfer 161 million shares of the company (accounting for 23.99% of the total share capital) to Ms. yuan Liping. According to the stock price of Shenzhen Kangtai Biological Products Co.Ltd(300601) at that time, the market value of the split shares reached 23.5 billion yuan, and the most expensive “breakup fee” of A-Shares was born.
In October 2020, Li Xin, the Wuxi Xinje Electric Co.Ltd(603416) actual controller, transferred shares to his ex-wife due to divorce, with a value of 1.5 billion yuan. At that time, according to the voluntary divorce agreement signed by Li Xin and Liu Tingli, Li Xin divided and transferred Wuxi Xinje Electric Co.Ltd(603416) 1687 million shares directly held by Li Xin to Liu Tingli.
