On January 21, Guangdong Sunwill Precising Plastic Co.Ltd(002676) (002676) disclosed a suggestive announcement that the company had a controlling shareholder and actual controller.
It turned out that on that day, the company received a notice from the largest shareholder Guangzhou Development Zone Zhizao Industry Investment Co., Ltd. (hereinafter referred to as Guangkai industrial investment). Based on its confidence in the company’s future development prospects and company value and in order to consolidate its control over the company, Guangkai industrial investment bought 8753100 shares of the company from the secondary market on January 20, 2022 and January 21, 2022, Accounting for 1.22% of the total share capital of the company. In addition to judicial auction, agreement transfer and judicial transfer, Guangkai industrial investment increased its total holdings of 11.8473 million shares of the company through the secondary market, accounting for 1.65% of the total share capital of the company.
As of the disclosure date of this announcement, Guangkai industrial investment held 169 million shares of the company, accounting for 23.54% of the total share capital of the company. If the transfer of the remaining 33.12 million shares of the company in the previous judicial auction is completed, Guangkai industrial investment will hold 203 million shares of the company, accounting for 28.14% of the total share capital.
It is worth noting that Guangkai industrial investment nominated three directors and one supervisor to the board of directors and the board of supervisors of the company on December 31, 2021. The company completed the above election procedures of directors and supervisors on January 20, 2022.
the company believes that at present, the actual voting shares of Guangkai industrial investment have had a significant impact on the resolutions of the general meeting of shareholders of the company, and its dispatched directors have accounted for the majority of non independent directors on the board of directors, forming a control relationship with the company, and can also make unilateral decisions or have a substantial impact on the company’s business policies and decisions on major matters, The situation that the company has no controlling shareholder and actual controller has been changed.
“to sum up, Guangkai industrial investment has become the controlling shareholder of the company, and the state owned assets supervision and Administration Bureau of Guangzhou Development Zone has become the actual controller of the company. The change of the controlling right of the company will not have a significant impact on the production and operation activities of the company.” Guangdong Sunwill Precising Plastic Co.Ltd(002676) indicates.
From the perspective of the listed company itself, Guangdong Sunwill Precising Plastic Co.Ltd(002676) is the first professional enterprise engaged in the R & D, manufacturing, sales and service of plastic air conditioning blades in China. With a complete industrial chain of “plastic modification – mold design and manufacturing – plastic air conditioning blades design and intelligent manufacturing”, it is one of the most competitive air conditioning accessories enterprises outside China.
However, in recent years, the company has attracted much attention because it was manipulated by “Niu santuan”. It is understood that in 2015, Niu prose Xitang transferred 28 million shares (including 16 million shares transferred to noan Jinshi No. 66 asset management plan) held by the original actual controller of the company at the price of 23.5 yuan per share, accounting for 17.5% of the total share capital.
After that, the original actual controller of the company continued to transfer his shares to the Western profit zengying No. 1 asset management plan controlled by Niu santuan and Jiang Jiuming, a member of Niu santuan. Guangdong Sunwill Precising Plastic Co.Ltd(002676) also changed to no actual controller.
In January 2018, Guangdong Sunwill Precising Plastic Co.Ltd(002676) announced that Wen Xitang had been criminally detained by Shanghai Public Security Bureau on July 27, 2017 on suspicion of Manipulating Securities and futures markets.
By August 2021, all the 8.46% equity of Guangdong Sunwill Precising Plastic Co.Ltd(002676) held by Wen Xitang had been publicly auctioned by the judiciary, and the state-owned assets had been widely opened for investment and acceptance. After that, the 8% equity held by West profit zengying No. 1 was also taken over by Guangkai industrial investment in the form of agreement transfer.
In the case of Wen Xitang’s crime of manipulating the securities market, Shanghai No. 1 Intermediate People’s court ruled to recover one-third of the Guangdong Sunwill Precising Plastic Co.Ltd(002676) shares held by Wen Xitang through noan Jinshi No. 66 asset management plan, accounting for about 1.68% of the total share capital of the listed company. This part of the shareholding was transferred to Guangkai industrial investment in November 2021 by assisting judicial execution
After several twists and turns, the fundamentals of listed companies improved to a certain extent last year. According to the third quarterly report of 2021, the company achieved a main revenue of 1.604 billion yuan, a year-on-year increase of 26.87%; In the same period, the net profit was 48.3166 million yuan, a year-on-year increase of 96.87%.
