*ST Chunhua (600645) (quotation, information) has been suspended since 65438+129 October due to important matters. The reporter learned from *ST Chunhua Company that the reason for the suspension of the company's stock was related to the equity auction of the company's major shareholder on June 26, 65438, and *ST Chunhua may face the change of actual controller.
Is there any defect in the auction procedure?
* 65438+The news that all the shares held by ST Chunhua's major shareholders were auctioned on June 26th has been reported by this newspaper. However, it is puzzling that for major issues such as equity auction, under normal circumstances, listed companies will immediately announce the auction results, while the equity auction of *ST Chunhua major shareholder has been completed, why has it been delayed?
The reporter learned from *ST Chunhua yesterday that up to now, the company has not received any notice from Tianjin No.2 Intermediate People's Court and Tianjin Property Right Auction Co., Ltd. about the auction results, but in the absence of any written notice, the company can only passively suspend trading, and it is unknown when it will resume trading.
* The relevant person in charge of ST Chunhua told reporters that there are procedural flaws in the equity auction, and he still has doubts about whether the auction can be established. It is understood that *ST Chunhua equity auction started on1the morning of October 26th 10, and the executor of the application was China Huabei Metallurgical Construction Company Tianjin Branch, which had a loan contract dispute with Xiehe Health100000 yuan. According to this person, in order to avoid the auction of the company's equity, Sheikh Health had paid the arrears of 6,543,800 yuan to the court before the auction started that day. Therefore, he believes that the loan contract dispute has been resolved and the reason for the auction no longer exists. In this case, the auction has certain procedural defects. He also said that if the auction is legal, the actual controller of the company will indeed change. The reporter consulted relevant legal persons on this matter. This person believes that it is unlikely that the property auction under the auspices of the court will be declared invalid. If the auction result is declared invalid, the court should make a new ruling.
The new owner has not yet appeared.
Although *ST Chunhua equity auction is inconclusive, this local Tianjin company is eager to become a new shareholder of listed companies. The reporter still failed to see the true face of Lushan Mountain through many inquiries. He only knows that it is an investment holding company in Tianjin with the word "Germany" in its name.
According to informed sources, the company has a government background and is a very powerful local enterprise in Tianjin. This time, it won the equity of *ST Chunhua with 65.438+0.52 billion yuan. The company will pay off the auction money within 7-654.38+0.5 days, and carry out the work related to equity transfer as soon as possible. The source also revealed that the company intends to vigorously build *ST Chunhua, not only to do a good job in the existing stem cell business, but also plans to put other assets into listed companies in the future.
Han, who has been removed from the post of president of Concord Stem Cell Genetic Engineering Co., Ltd., said in an interview that the new owner is also very optimistic about the company's stem cell business. After the new shareholders formally take over the equity of *ST Chunhua, the two sides will hold a series of discussions on the future development of the stem cell company. "At present, the company has made initial contact with the new shareholders, but the next development plan still needs to be discussed. But what is certain is that stem cell companies will no longer have two controllers. "
Recently, *ST Chunhua released an announcement about replacing the top management of Concord Stem Cell Company. Han and Liu were removed from the positions of President and Chairman of Concord Stem Cell Company respectively, but up to now, they are still in charge of the operation of the stem cell company.
The old shareholder Juying Group has been in charge for 8 months.
It is understood that *ST Chunhua's equity auction proceeds of 654.38+0.52 billion yuan will be used to repay the debts owed by Concord Health, amounting to about 654.38+0 billion yuan. Including a guarantee of 35 million yuan with Fuzhou Free Trade Zone Qisheng Industry and Trade Co., Ltd., and the case is still under trial; Return the capital of Zhejiang Juying Group Metabolic Health to pay 32.59 million yuan to listed companies, and the debt disputes between Sheikh Health and other two companies of 30 million yuan and more than 6 million yuan. After paying off the above debts, Concord Health will make a profit of nearly 50 million yuan. Due to various problems such as whether the capital contribution is in place, it is still unknown how the money will be distributed between Anda New Century Giant Eagle and Capital International, the two major shareholders of Concord Health. However, for Anda New Century Giant Eagle, it is obviously not its original intention to invest so much time and energy in *ST Chunhua and finally have to leave in the dark.
In fact, the purpose of Giant Eagle Group's entry into *ST Chunhua is not to be "Lei Feng". The third major event planned by Giant Eagle Group is to control the "hematopoietic cells" of listed companies-stem cell companies. Recently, two executives of stem cell companies were fired. Although listed companies have not really intervened in the management of stem cell companies, the work of improving their corporate governance structure has not been relaxed for a moment.
A few days ago, *ST Chunhua announced that it is expected that the company will turn losses into profits in 2006, which may be like knocking over a five-flavor bottle for Giant Eagle Group, which may lose control of listed companies. Since last year's shareholders' meeting, the scenery of Giant Eagle Group in *ST Chunhua has only been 8 months. Although the time is short, I have done several practical things for listed companies. I wonder what the new Dong Shi family that may be in charge next can do for *ST Chunhua?