The auction of 22,765,600 restricted shares held by Sanlian Trading Co., Ltd. once again set off waves, and the Shanghai Asian Olympic Games, which has not paid the auction price in full, finally chose to give up. Sanlian Trading Co., Ltd., which has been suspended for more than half a month due to the auction, finally disclosed the latest progress of the stock auction today: the company learned that the buyer of the stock auction on April 2, 2008, Shanghai Yaao Communication Equipment Co., Ltd., had informed Shandong Yinxing Auction Co., Ltd. in writing that it was unable to pay the corresponding share auction price for some reason and formally gave up buying 22,765,600 shares of the company held by Sanlian Group.
Sanlian Trading Co., Ltd. also revealed that the board of directors of the company agreed to hire Chang Cheng, deputy general manager of Gome in North China, as the general manager of the company, and agreed to hire Rong Duo, financial director of Gome in East China, as the financial director of the company. Sanlian Trading Company's equity auction is so full of suspense. What's the mystery behind it?
According to public information, on April 2, Guanghua Tiancheng successfully auctioned 22,765,600 shares of Sanlian Trading Company held by Sanlian Group through the shadow company Shanghai Yaao. However, apart from the auction deposit of 8 million yuan, Guanghua Tiancheng did not pay the auction balance on time, but applied to Jinan Intermediate People's Court for an extension of 10 days. During this period, Guanghua Tiancheng quickly reached a comprehensive strategic cooperation with Sanlian Group, including joint development of Shandong real estate. Subsequently, the market suddenly heard that Zhu Lai, the chairman of Guanghua Tiancheng, intends to withdraw from the equity battle of Sanlian Trading Company and transfer Shanghai Asian Olympics to Sanlian Group. Today, the Asian Olympic Games in Shanghai announced that it could not pay the auction price for some reason and gave up buying 22,765,600 restricted shares of Sanlian Trading Company.
Some industry analysts revealed to reporters that Guanghua Tiancheng originally wanted to cooperate with Sanlian Group in real estate business and won 22,765,600 shares of Sanlian Trading Company held by Sanlian Group. After Gome obtained the controlling right of Sanlian Trading Co., Ltd. by auction, Huang Guangyu, chairman of Gome's board of directors, went to Shandong to discuss cooperation with Zhang Jisheng of Sanlian Group, but the two sides had a very unpleasant talk. Therefore, when Sanlian Group auctioned the equity of Sanlian Trading Company, Sanlian Group did not want Gome to get this part of the shares, but Guanghua Tiancheng hoped to cooperate with Sanlian Group to develop real estate business, so the two sides hit it off. On the same day, Guanghua Tiancheng obtained the above equity according to the contract.
The source continued that Guanghua Tiancheng, as an investment company, naturally needs to control risks. Therefore, after winning the equity of Sanlian Trading Company, Guanghua Tiancheng formally signed a strategic cooperation agreement with Sanlian Group while applying for deferred payment. On the other hand, it is also considering whether it is economical to use the auction deposit of 8 million yuan invested as the price of real estate business with Sanlian Group. At this time, there are several possibilities. First, Guanghua Tiancheng felt that it was not cost-effective, so it decided to give up at the last minute to pay the balance of the postponed auction. Secondly, it is said that Huang Guangyu and Zhu Mengyi, the younger brother of Chairman Guanghua Tiancheng, are good friends. It is possible to persuade Juray to give up this part of the equity through his younger brother and promise to give Juray some compensation. In this way, when the above-mentioned equity is auctioned again, Gome still has the opportunity to acquire this part of the equity. The reporter learned yesterday that Julai will fly to Jinan, Shandong Province today. It is not known whether his visit is to appease Zhang Jisheng.
Some analysts believe that there is another possibility that Sanlian Group doesn't care who the equity is sold to, but just wants to sell it at a good price. Therefore, as a shadow company planned by Sanlian Group and Guanghua Tiancheng, the Shanghai Asian Games was used to raise the auction price. However, when the Shanghai Olympic bid for 14.8 yuan/share, the bidders arranged by Gome stopped following up. Sanlian Group can only buy this part of the equity of Sanlian Trading Co., Ltd. by itself, and apply for deferred payment only to continue to find buyers to take over the offer.
Substantive news like this has a great influence on the stock price. The next few days are not optimistic, and the decline has just begun. Moreover, before the suspension of trading, the number of Shanglian Trading Co., Ltd. has also increased greatly, and it is time to cool down.