Yesterday, Jinzhou Cihang Group Co.Ltd(000587) announced that the actual accuser was put on file for investigation on suspicion of illegal information disclosure. According to the announcement, the actual controller has resigned from the company. At the same time, the securities affairs representative resigned from the position of securities affairs representative for personal reasons.
Affected by this news, Jinzhou Cihang Group Co.Ltd(000587) closed the limit at the opening. As of the closing, the share price fell by the limit. It is worth noting that Jinzhou Cihang Group Co.Ltd(000587) recorded four trading limits in the past five trading days, with a cumulative increase of 15.82%.
the actual controller is suspected of violating the letter approval rules and is put on file for investigation
resignation of securities affairs representative
On January 13, Jinzhou Cihang Group Co.Ltd(000587) announced that Jinzhou Cihang Group Co.Ltd(000587) (hereinafter referred to as “the company”) received a notice from Mr. Zhu Yaowen, the actual controller. Recently, it received the notice of filing a case from the China Securities Regulatory Commission (hereinafter referred to as “CSRC”). Because it is suspected of illegal disclosure of information, according to the securities law of the people’s Republic of China The CSRC has decided to file a case against the administrative punishment law of the people’s Republic of China and other laws and regulations.
According to the announcement, Mr. Zhu Yaowen has resigned from the company. The results of the investigation are uncertain. He will actively cooperate with the investigation of the CSRC and perform the obligation of information disclosure in strict accordance with relevant laws, regulations and regulatory requirements.
That night, Jinzhou Cihang Group Co.Ltd(000587) also announced that the board of directors of the company recently received a written resignation report submitted by Ms. Cui Chun, the company’s securities representative, who resigned as a securities representative for personal reasons and no longer held other positions.
Affected by this news, Jinzhou Cihang Group Co.Ltd(000587) closed the limit at the opening. As of the closing, the share price fell by the limit. It is worth noting that Jinzhou Cihang Group Co.Ltd(000587) recorded four trading limits in the past five trading days, with a cumulative increase of 15.82%.
the company was filed for investigation four months ago
the actual controller was also filed for investigation on suspicion of securities market manipulation
As early as September 17 last year, Jinzhou Cihang Group Co.Ltd(000587) received the notice of case filing and investigation from the CSRC. At that time, Jinzhou Cihang Group Co.Ltd(000587) announced that the company received the notice of case filing from the CSRC in 2021 (No.: Zheng Jian Li Jian Zi 0392021017). Because the company was suspected of illegal information disclosure, the CSRC decided to file a case against the company in accordance with relevant laws and regulations.
On September 6 last year, Zhu Yaowen, the actual controller of Jinzhou Cihang Group Co.Ltd(000587) , was investigated by the CSRC on suspicion of securities market manipulation. At that time, Jinzhou Cihang Group Co.Ltd(000587) said that the investigation was conducted against Zhu Yaowen, the actual controller of the company, who had resigned from the company. The results of the investigation are still uncertain. Zhu Yaowen will actively cooperate with the investigation of the CSRC and fulfill the obligation of information disclosure in strict accordance with relevant laws, regulations and regulatory requirements.
On September 3, Jinzhou Cihang Group Co.Ltd(000587) disclosed that Zhu Yaowen, chairman of the company, applied for resignation as a director of the eighth board of directors, chairman and convener of the nomination committee of the board of directors for personal reasons, and did not hold other positions in the company after his resignation. As of March 3, Zhu Yaowen indirectly held 787 million shares of the company and was the actual controller of the company.
consecutive year loss
once asked Yang Mi to be the spokesman
It is understood that the predecessor of Jinzhou Cihang Group Co.Ltd(000587) was Guangming furniture. In 2011, Guangming furniture sold its shell to golden leaf jewelry, renamed st golden leaf, and then took off its hat and named it golden leaf jewelry. Qianhai, controlled by Zhu Yaowen, successfully became the controlling shareholder of the listed company in the ninth five year plan. In 2015, Jinye jewelry acquired Fenghui leasing company. In 2016, Jinye jewelry was renamed “Jinzhou Cihang”.
At present, Jinzhou Cihang mainly includes gold jewelry business and financial leasing business. The company is one of the largest gold jewelry production and processing enterprises in China, with outstanding gold processing capacity, and the annual gold processing volume ranks in the forefront of the country. The company’s leasing business has strong self owned capital strength and broad capital channels. Its financial leasing business has covered enterprises and institutions in medical, heating, water, electric power and other industries. It is worth mentioning that Jinzhou Cihang’s brand Jinye jewelry also invited Yang Mi as a spokesman.
Last December, Jinzhou Cihang Group Co.Ltd(000587) issued an announcement that the court auctioned the equity share of Dongguan Golden Leaf jewelry held by the company, and Shenzhen Grain Development Co., Ltd. won it with RMB 1.3 million. The business of Dongguan Golden Leaf jewelry basically stagnated and has suffered losses for years. Therefore, the company subsequently received a letter of concern.
On January 7, Jinzhou Cihang Group Co.Ltd(000587) announced that it had recently received the notice of debt exemption from Xiamen Zhongrun boguan Asset Management Co., Ltd. and Fenghui Leasing Co., Ltd., which exempted the company’s debt by about 1.4 billion yuan in total. As of September 30, 2021, Jinzhou Cihang Group Co.Ltd(000587) net assets were – 177 million yuan, and the company’s operating revenue and net profit in the first three quarters of 2021 were 94 million yuan and – 515 million yuan respectively. In this case, the debt exemption of RMB 1.4 billion is of great significance for the company to avoid delisting risk.
For this matter, the Shenzhen Stock Exchange issued a letter of concern, asking the company to explain the rationality of debt exemption, whether the two debt exempted companies have completely lost their claim to the creditor’s rights of RMB 1.411 billion, and whether there are litigation risks in the follow-up, Jinzhou Cihang Group Co.Ltd(000587) , controlling shareholders, actual controllers Details such as whether there are other agreements, arrangements or other obligations between shareholders holding more than 5% and the parties exempted from debt. So far, the company has not replied to the letter of concern.
