What is the secret behind an announcement to "suffocate" well-known tour capital?

Today, *ST Hongtao announced that on June 14, it received a notice from the Shenzhen Supervision Bureau of the China Securities Regulatory Commission that the Shenzhen Supervision Bureau decided to take regulatory measures to order *ST Hongtao to make corrections because the company violated relevant regulations by publishing undisclosed information on the WeChat public account of "Hongtao Shares".

The matter refers to last Friday, that is, on June 14, *ST Hongtao's official WeChat tweet said that the controlling shareholder and the designated subject intend to increase their holdings of the company's shares by no less than 50 million yuan.

In the evening, *ST Hongtao announced that the board of directors recently received the "resignation report" submitted by Su Yi, the company's director, vice president and secretary of the board of directors, due to personal reasons, Su Yi applied for resignation as a director of the company's sixth board of directors and a member of the information disclosure committee, vice president, and secretary of the board of directors, and resigned from all positions in the company's subsidiaries.

The news of the official account caused the stock price to change

Shenzhen Hongtao Co., Ltd. is a national design and decoration double-A enterprise approved by the Ministry of Construction, with first-class/first-class qualifications for professional contracting such as building decoration, decoration design, building curtain wall, urban and road lighting, building intelligence, mechanical and electrical equipment installation, and fire protection facilities; The company's main business is to undertake the design and construction of public decoration projects such as theater venues, libraries, hotels, office buildings, hospitals, and stadiums.

However, in recent years, the company's performance has continued to lose, and the company's stock price has continued to fall, with a market value of only 1 billion yuan as of June 17, and it is close to delisting. On June 14, *ST Hongtao posted an article titled "Hongtao's new controlling shareholder or its designated entity increases the company's shares" on its official WeChat.

The article mentions: "According to the agreement, based on its confidence in the company's future development prospects and recognition of the company's value, the company's controlling shareholder, Yinggu Energy, intends to increase its holdings of the company's shares by centralized bidding and block trading within 6 months from June 12, 2024, with a total increase of not less than RMB 50 million (including the principal amount); There are no price conditions for increasing holdings. ”

After the news was disclosed, *ST Hongtao's stock price limit was instantly opened by a large order, and even rushed to the limit for a while, but soon after the stock price fell again, and the official account article was also deleted, but the funds that came from the wind were "suffocated", and nearly 300 million shares were traded throughout the day, hitting a high level in the past three months, with a turnover rate of up to 20%.

According to the data of the after-hours Dragon and Tiger List, CITIC Securities Shenzhen Branch and Donghai Nanjing Branch sold 7.6869 million yuan and 4.0409 million yuan respectively; The buyers have well-known tourist capital, such as the Securities Business Department of the South Ring Road of Dongcai Lhasa Financial City, the Second Securities Business Department of the East Ring Road of Dongcai Lhasa, the First Business Department of Tuanjie Road of Dongcai Lhasa, and the Second Business Department of Tuanjie Road of Dongcai Lhasa are all on the list.

Regulatory shots

The Shenzhen Securities Regulatory Bureau decided to take regulatory measures against *ST Hongtao to order corrections:

1. The Company shall immediately delete the above-mentioned non-public information.

2. The company shall immediately self-check whether the company and related parties have illegal information disclosure, leakage of insider information, insider trading, market manipulation and other violations of laws and regulations, and report to the Shenzhen Securities Regulatory Bureau before June 15, 2024.

3. The Company shall urge the actual controller and relevant parties to strictly abide by securities laws and regulations, fulfill their information disclosure obligations in accordance with the law, and ensure that the Company's information disclosure is true, accurate and complete, and there shall be no false records, misleading statements or material omissions.

The proposed change of the actual controller was inquired in detail

In the early morning of June 17, *ST Hong Taobu announced that Liu Nianxin, the controlling shareholder and actual controller of the company, entrusted all the voting rights corresponding to the 18.31% shares of the company directly held by him to Yinggu Energy Technology (Zhejiang) Co., Ltd. (hereinafter referred to as "Yinggu Energy") for exercise, and promised not to seek to obtain or jointly obtain control of the listed company in other ways, and actively assist Yinggu Energy to become the actual controller of the listed company. After this change in equity, the proportion of voting rights owned by Yinggu Energy will not be less than 18.31%, *ST Hongtao's controlling shareholder may be changed to Yinggu Energy, and the actual controller will be changed to Chen Xiuhua and Tang Biqi (the two are mother-son relationships and are acting in concert).

On the same day, the announcement of the "Share Transfer Framework Agreement" disclosed by *ST Hongtao shows that the company and the company's controlling shareholder Liu Nianxin decided to terminate the "Share Transfer Framework Agreement" with Shenzhen Zhaojin Metal Network Trading Co., Ltd. (hereinafter referred to as "Shenzhen Zhaojin") and Hainan Oriental Zhaojin Mining Co., Ltd. (hereinafter referred to as "Hainan Zhaojin"), that is, Shenzhen Zhaojin and Hainan Zhaojin will no longer transfer the 4.58% shares held by Liu Nianxin, and Liu Nianxin will no longer entrust all the voting rights of the remaining company shares to Shenzhen Zhaojin and Hainan Zhaojin.

At the same time, *ST Hongtao also received a letter of concern from the Shenzhen Stock Exchange, which expressed concern about the major risks involved in the change of control, and pointed out that the shares held by Liu Nianxin were at risk of being enforced, and a high proportion of the company's shares held by him were pledged, and some of the shares had been applied for liquidation by the pledgee. Therefore, "if Liu Nianxin's shares are forcibly liquidated or enforced, the shares corresponding to the entrusted voting rights will be greatly reduced or even zero, and there is significant uncertainty as to whether Yinggu Energy can obtain control of the company."

Secondly, *ST Hongtao's financial position is worrying, there is significant uncertainty about the ability to continue operations, the company has been losing money for four consecutive years, and a large number of debts are overdue and cannot be repaid. Therefore, the Shenzhen Stock Exchange pointed out that "the company has major operational risks, financial risks, capital risks, and personnel loss risks are intertwined, and there are major uncertainties in how Yinggu Energy can assist the company in making the main business of building decoration bigger and stronger."

Not only that, as a new energy company, Yinggu Energy, which is newly disclosed to take over the controlling stake of *ST Hongtao, has less monetary funds and a very high asset-liability ratio, and has not paid consideration in this transfer of control.

The Shenzhen Stock Exchange also pointed out that *ST Hongtao has applied for pre-reorganization and reorganization, and if it enters the bankruptcy reorganization procedure, Liu Nianxin, as the chairman of the company, may not be able to transfer his equity. In addition, *ST Hongtao's stock price has changed, and there is a suspicion of releasing positive information to affect the stock price and cooperate with the reduction of holdings.

Editor-in-charge: Tactical Heng

Proofreading: Wang Chaoquan

Millions of users are watching

Wall Street legend Bigwig, dead!

Moutai! Moutai! The whereabouts of the chairman are exposed, Duan Yongping's latest voice!

Putin, speak out!

Outburst! Former president of Evergrande, "cut meat" and sell houses!

The central bank released heavy data!

Illegal and bad information reporting telephone: [phone]

Email: [email protected]

Today, *ST Hongtao announced that on June 14, it received a notice from the Shenzhen Supervision Bureau of the China Securities Regulatory Commission that the Shenzhen Supervision Bureau decided to take regulatory measures to order *ST Hongtao to make corrections because the company violated relevant regulations by publishing undisclosed information on the WeChat public account of "Hongtao Shares".

The matter refers to last Friday, that is, on June 14, *ST Hongtao's official WeChat tweet said that the controlling shareholder and the designated subject intend to increase their holdings of the company's shares by no less than 50 million yuan.

In the evening, *ST Hongtao announced that the board of directors recently received the "resignation report" submitted by Su Yi, the company's director, vice president and secretary of the board of directors, due to personal reasons, Su Yi applied for resignation as a director of the company's sixth board of directors and a member of the information disclosure committee, vice president, and secretary of the board of directors, and resigned from all positions in the company's subsidiaries.

The news of the official account caused the stock price to change

Shenzhen Hongtao Co., Ltd. is a national design and decoration double-A enterprise approved by the Ministry of Construction, with first-class/first-class qualifications for professional contracting such as building decoration, decoration design, building curtain wall, urban and road lighting, building intelligence, mechanical and electrical equipment installation, and fire protection facilities; The company's main business is to undertake the design and construction of public decoration projects such as theater venues, libraries, hotels, office buildings, hospitals, and stadiums.

However, in recent years, the company's performance has continued to lose, and the company's stock price has continued to fall, with a market value of only 1 billion yuan as of June 17, and it is close to delisting. On June 14, *ST Hongtao posted an article titled "Hongtao's new controlling shareholder or its designated entity increases the company's shares" on its official WeChat.

The article mentions: "According to the agreement, based on its confidence in the company's future development prospects and recognition of the company's value, the company's controlling shareholder, Yinggu Energy, intends to increase its holdings of the company's shares by centralized bidding and block trading within 6 months from June 12, 2024, with a total increase of not less than RMB 50 million (including the principal amount); There are no price conditions for increasing holdings. ”

After the news was disclosed, *ST Hongtao's stock price limit was instantly opened by a large order, and even rushed to the limit for a while, but soon after the stock price fell again, and the official account article was also deleted, but the funds that came from the wind were "suffocated", and nearly 300 million shares were traded throughout the day, hitting a high level in the past three months, with a turnover rate of up to 20%.

According to the data of the after-hours Dragon and Tiger List, CITIC Securities Shenzhen Branch and Donghai Nanjing Branch sold 7.6869 million yuan and 4.0409 million yuan respectively; The buyers have well-known tourist capital, such as the Securities Business Department of the South Ring Road of Dongcai Lhasa Financial City, the Second Securities Business Department of the East Ring Road of Dongcai Lhasa, the First Business Department of Tuanjie Road of Dongcai Lhasa, and the Second Business Department of Tuanjie Road of Dongcai Lhasa are all on the list.

Regulatory shots

The Shenzhen Securities Regulatory Bureau decided to take regulatory measures against *ST Hongtao to order corrections:

1. The Company shall immediately delete the above-mentioned non-public information.

2. The company shall immediately self-check whether the company and related parties have illegal information disclosure, leakage of insider information, insider trading, market manipulation and other violations of laws and regulations, and report to the Shenzhen Securities Regulatory Bureau before June 15, 2024.

3. The Company shall urge the actual controller and relevant parties to strictly abide by securities laws and regulations, fulfill their information disclosure obligations in accordance with the law, and ensure that the Company's information disclosure is true, accurate and complete, and there shall be no false records, misleading statements or material omissions.

The proposed change of the actual controller was inquired in detail

In the early morning of June 17, *ST Hong Taobu announced that Liu Nianxin, the controlling shareholder and actual controller of the company, entrusted all the voting rights corresponding to the 18.31% shares of the company directly held by him to Yinggu Energy Technology (Zhejiang) Co., Ltd. (hereinafter referred to as "Yinggu Energy") for exercise, and promised not to seek to obtain or jointly obtain control of the listed company in other ways, and actively assist Yinggu Energy to become the actual controller of the listed company. After this change in equity, the proportion of voting rights owned by Yinggu Energy will not be less than 18.31%, *ST Hongtao's controlling shareholder may be changed to Yinggu Energy, and the actual controller will be changed to Chen Xiuhua and Tang Biqi (the two are mother-son relationships and are acting in concert).

On the same day, the announcement of the "Share Transfer Framework Agreement" disclosed by *ST Hongtao shows that the company and the company's controlling shareholder Liu Nianxin decided to terminate the "Share Transfer Framework Agreement" with Shenzhen Zhaojin Metal Network Trading Co., Ltd. (hereinafter referred to as "Shenzhen Zhaojin") and Hainan Oriental Zhaojin Mining Co., Ltd. (hereinafter referred to as "Hainan Zhaojin"), that is, Shenzhen Zhaojin and Hainan Zhaojin will no longer transfer the 4.58% shares held by Liu Nianxin, and Liu Nianxin will no longer entrust all the voting rights of the remaining company shares to Shenzhen Zhaojin and Hainan Zhaojin.

At the same time, *ST Hongtao also received a letter of concern from the Shenzhen Stock Exchange, which expressed concern about the major risks involved in the change of control, and pointed out that the shares held by Liu Nianxin were at risk of being enforced, and a high proportion of the company's shares held by him were pledged, and some of the shares had been applied for liquidation by the pledgee. Therefore, "if Liu Nianxin's shares are forcibly liquidated or enforced, the shares corresponding to the entrusted voting rights will be greatly reduced or even zero, and there is significant uncertainty as to whether Yinggu Energy can obtain control of the company."

Secondly, *ST Hongtao's financial position is worrying, there is significant uncertainty about the ability to continue operations, the company has been losing money for four consecutive years, and a large number of debts are overdue and cannot be repaid. Therefore, the Shenzhen Stock Exchange pointed out that "the company has major operational risks, financial risks, capital risks, and personnel loss risks are intertwined, and there are major uncertainties in how Yinggu Energy can assist the company in making the main business of building decoration bigger and stronger."

Not only that, as a new energy company, Yinggu Energy, which is newly disclosed to take over the controlling stake of *ST Hongtao, has less monetary funds and a very high asset-liability ratio, and has not paid consideration in this transfer of control.

The Shenzhen Stock Exchange also pointed out that *ST Hongtao has applied for pre-reorganization and reorganization, and if it enters the bankruptcy reorganization procedure, Liu Nianxin, as the chairman of the company, may not be able to transfer his equity. In addition, *ST Hongtao's stock price has changed, and there is a suspicion of releasing positive information to affect the stock price and cooperate with the reduction of holdings.

Editor-in-charge: Tactical Heng

Proofreading: Wang Chaoquan

Millions of users are watching

Wall Street legend Bigwig, dead!

Moutai! Moutai! The whereabouts of the chairman are exposed, Duan Yongping's latest voice!

Putin, speak out!

Outburst! Former president of Evergrande, "cut meat" and sell houses!

The central bank released heavy data!

Illegal and bad information reporting telephone: [phone]

Email: [email protected]

Today, *ST Hongtao announced that on June 14, it received a notice from the Shenzhen Supervision Bureau of the China Securities Regulatory Commission that the Shenzhen Supervision Bureau decided to take regulatory measures to order *ST Hongtao to make corrections because the company violated relevant regulations by publishing undisclosed information on the WeChat public account of "Hongtao Shares".

The matter refers to last Friday, that is, on June 14, *ST Hongtao's official WeChat tweet said that the controlling shareholder and the designated subject intend to increase their holdings of the company's shares by no less than 50 million yuan.

In the evening, *ST Hongtao announced that the board of directors recently received the "resignation report" submitted by Su Yi, the company's director, vice president and secretary of the board of directors, due to personal reasons, Su Yi applied for resignation as a director of the company's sixth board of directors and a member of the information disclosure committee, vice president, and secretary of the board of directors, and resigned from all positions in the company's subsidiaries.

The news of the official account caused the stock price to change

Shenzhen Hongtao Co., Ltd. is a national design and decoration double-A enterprise approved by the Ministry of Construction, with first-class/first-class qualifications for professional contracting such as building decoration, decoration design, building curtain wall, urban and road lighting, building intelligence, mechanical and electrical equipment installation, and fire protection facilities; The company's main business is to undertake the design and construction of public decoration projects such as theater venues, libraries, hotels, office buildings, hospitals, and stadiums.

However, in recent years, the company's performance has continued to lose, and the company's stock price has continued to fall, with a market value of only 1 billion yuan as of June 17, and it is close to delisting. On June 14, *ST Hongtao posted an article titled "Hongtao's new controlling shareholder or its designated entity increases the company's shares" on its official WeChat.

The article mentions: "According to the agreement, based on its confidence in the company's future development prospects and recognition of the company's value, the company's controlling shareholder, Yinggu Energy, intends to increase its holdings of the company's shares by centralized bidding and block trading within 6 months from June 12, 2024, with a total increase of not less than RMB 50 million (including the principal amount); There are no price conditions for increasing holdings. ”

After the news was disclosed, *ST Hongtao's stock price limit was instantly opened by a large order, and even rushed to the limit for a while, but soon after the stock price fell again, and the official account article was also deleted, but the funds that came from the wind were "suffocated", and nearly 300 million shares were traded throughout the day, hitting a high level in the past three months, with a turnover rate of up to 20%.

According to the data of the after-hours Dragon and Tiger List, CITIC Securities Shenzhen Branch and Donghai Nanjing Branch sold 7.6869 million yuan and 4.0409 million yuan respectively; The buyers have well-known tourist capital, such as the Securities Business Department of the South Ring Road of Dongcai Lhasa Financial City, the Second Securities Business Department of the East Ring Road of Dongcai Lhasa, the First Business Department of Tuanjie Road of Dongcai Lhasa, and the Second Business Department of Tuanjie Road of Dongcai Lhasa are all on the list.

Regulatory shots

The Shenzhen Securities Regulatory Bureau decided to take regulatory measures against *ST Hongtao to order corrections:

1. The Company shall immediately delete the above-mentioned non-public information.

2. The company shall immediately self-check whether the company and related parties have illegal information disclosure, leakage of insider information, insider trading, market manipulation and other violations of laws and regulations, and report to the Shenzhen Securities Regulatory Bureau before June 15, 2024.

3. The Company shall urge the actual controller and relevant parties to strictly abide by securities laws and regulations, fulfill their information disclosure obligations in accordance with the law, and ensure that the Company's information disclosure is true, accurate and complete, and there shall be no false records, misleading statements or material omissions.

The proposed change of the actual controller was inquired in detail

In the early morning of June 17, *ST Hong Taobu announced that Liu Nianxin, the controlling shareholder and actual controller of the company, entrusted all the voting rights corresponding to the 18.31% shares of the company directly held by him to Yinggu Energy Technology (Zhejiang) Co., Ltd. (hereinafter referred to as "Yinggu Energy") for exercise, and promised not to seek to obtain or jointly obtain control of the listed company in other ways, and actively assist Yinggu Energy to become the actual controller of the listed company. After this change in equity, the proportion of voting rights owned by Yinggu Energy will not be less than 18.31%, *ST Hongtao's controlling shareholder may be changed to Yinggu Energy, and the actual controller will be changed to Chen Xiuhua and Tang Biqi (the two are mother-son relationships and are acting in concert).

On the same day, the announcement of the "Share Transfer Framework Agreement" disclosed by *ST Hongtao shows that the company and the company's controlling shareholder Liu Nianxin decided to terminate the "Share Transfer Framework Agreement" with Shenzhen Zhaojin Metal Network Trading Co., Ltd. (hereinafter referred to as "Shenzhen Zhaojin") and Hainan Oriental Zhaojin Mining Co., Ltd. (hereinafter referred to as "Hainan Zhaojin"), that is, Shenzhen Zhaojin and Hainan Zhaojin will no longer transfer the 4.58% shares held by Liu Nianxin, and Liu Nianxin will no longer entrust all the voting rights of the remaining company shares to Shenzhen Zhaojin and Hainan Zhaojin.

At the same time, *ST Hongtao also received a letter of concern from the Shenzhen Stock Exchange, which expressed concern about the major risks involved in the change of control, and pointed out that the shares held by Liu Nianxin were at risk of being enforced, and a high proportion of the company's shares held by him were pledged, and some of the shares had been applied for liquidation by the pledgee. Therefore, "if Liu Nianxin's shares are forcibly liquidated or enforced, the shares corresponding to the entrusted voting rights will be greatly reduced or even zero, and there is significant uncertainty as to whether Yinggu Energy can obtain control of the company."

Secondly, *ST Hongtao's financial position is worrying, there is significant uncertainty about the ability to continue operations, the company has been losing money for four consecutive years, and a large number of debts are overdue and cannot be repaid. Therefore, the Shenzhen Stock Exchange pointed out that "the company has major operational risks, financial risks, capital risks, and personnel loss risks are intertwined, and there are major uncertainties in how Yinggu Energy can assist the company in making the main business of building decoration bigger and stronger."

Not only that, as a new energy company, Yinggu Energy, which is newly disclosed to take over the controlling stake of *ST Hongtao, has less monetary funds and a very high asset-liability ratio, and has not paid consideration in this transfer of control.

The Shenzhen Stock Exchange also pointed out that *ST Hongtao has applied for pre-reorganization and reorganization, and if it enters the bankruptcy reorganization procedure, Liu Nianxin, as the chairman of the company, may not be able to transfer his equity. In addition, *ST Hongtao's stock price has changed, and there is a suspicion of releasing positive information to affect the stock price and cooperate with the reduction of holdings.

Editor-in-charge: Tactical Heng

Proofreading: Wang Chaoquan

Millions of users are watching

Wall Street legend Bigwig, dead!

Moutai! Moutai! The whereabouts of the chairman are exposed, Duan Yongping's latest voice!

Putin, speak out!

Outburst! Former president of Evergrande, "cut meat" and sell houses!

The central bank released heavy data!

Illegal and bad information reporting telephone: [phone]

Email: [email protected]

Editor-in-charge: Tactical Heng