Sunday, January 15, 2012

Hua Run is denied one billion four hundred and ten million and sixty-five thousand four hundred and eight buy case put problem small shareholder to be about to sue in harbor

Song Lin: Currently hold the post ofHua Run (group) limited company president.

Yesterday, small shareholder of 6 harbor book entrusts China embellish electric power acting lawyer Chen Rejian (right) dimension authority news briefing is held in Beijing. Graph / CFP

New capital signs up for electric power of dispatch China embellish one billion four hundred and ten million and sixty-five thousand four hundred and eight buy disturbance of assets of Shanxi gold estate to grow in intensity. Group of afterwards China profit (parent company of Hua Run power) president Song Lin is informed against by the reporter after dereliction of duty,

Small shareholder of 6 harbor book holds China embellish electric power yesterday dimension authority news briefing says, china embellish electric power buys assets of Shanxi gold estate to be put in serious overmeasure, hope can cancel trades. Yesterday, be aimed at afore-mentioned sufferring to oppugn buy item, china embellish electric power releases statement to deny in its official net buy put an issue.

Group president is informed against by real name

On July 17, xinhua News Agency " economic reference signs up " chief correspondent Wang Wenzhi informs against official of deputy ministry class the tall canal such as Song Lin of president of Hua Run group, in buy group of trade of gold of enterprise of Shanxi civilian battalion of the assharrison hot spring public poolet below the banner one billion four hundred and ten million and sixty-five thousand four hundred and eight buy turn on the water intentionally in the case, cause prediction of a person's luck in a given year of billions of state-owned property,

This disturbance had be notted appease, billows of recrudesce of incident of China embellish electric power, yesterday, small shareholder of 6 harbor book is aimed at assets of Shanxi gold estate buy case initiate dimension advantageous position. Suffer the commission of small shareholder of 6 harbor book, he Jun does poineering work advisory president Li Su and paragraph mix Chen Rejian of paragraph of lawyer place lawyer attended a news briefing. Liu Jipeng of director of research center of market of capital of university of Chinese politics and law also appears in the news briefing as ivancouver to harrison hot springsndependent expert.

Small shareholder already handed in an indictment

According to saying, happy by administration the China embellish electric power that is a delegate small shareholder of 6 harbor book already offerred application to Hong Kong high court at the beginning of July, requirement court permits his to sue this company Zhou Junqing to wait for 20 trustee on behalf of company of China embellish power. Should apply for at present already put on record, and will on August 5 sessional. Small shareholder already handed in an indictment at present. Once apply for to obtain,approve, will start proceeding.

"These 20 trustee include 3 directorates member, have Song Lin among them, song Lin is in buy trade president of electric power of the Ren Huarun when happening. " Chen Rejian of lawyer of representative of dimension authority case expresses.

Look in small shareholder, china embellish electric power buys cooking coal of Shanxi gold line of business to turn a group the asset presence of 10 units is serious overmeasure, among them the invalidation of licence of prospect authority reconnaissance of two mine; And among them money paid for something purchased or received for something sold of a sell one's own things is returned not capture is clear. And China profit group paid 4.1 billion yuan for this however.

Small shareholder thinks, china embellish electric power falls in the circumstance that knows perfectly well afore-mentioned trading to be put in major legislation problem, group by group, for many times, paid golden trade group 100 million yuan of about a hundred RMBs continuously. Accordingly, director of China embellish power disobeyed his compulsory to the sincere letter of the company, and diligence fulfils his duty to wait a variety of due duty and obligation, caused China embellish electric power to suffer huge pecuniary loss.

Administration is happy the relevant law responsibility that 6 partner that are a delegate ask to investigate director of China embellish power, they put forward in litigant application, its purpose is not requirement group to make compensation, hope only can cancel trades.

China embellish electric power is denied buy put an issue

Be aimed at afore-mentioned buying item, china embellish electric power releases clear announcement to say in government-owned net yesterday, purchase golden property value inferior, do not have a problem.

This announcement says, the principal part that bought property of golden line of business 2010 is Taiyuan China embellish, china embellish electric power is held 49% , belong to affiliated company and rather than affiliated company, because this was not announced,buy a situation in detail.

In addition, taiyuan China embellish reachs the price that relevant asset pays to golden trade group with respect to Shanxi colliery, it is to consider all and relevant factor, cost is worth under general comment appraise actually.

17 days morning, new capital signharrison hot spring weather forecasts up for a reporter to ever called hot line of investor of China embellish electric power, enquire the company response to informing against incident, this company staff says, the leader is attending a meeting, cannot answer pertinent question. Electric power of embellish of 18 days of noon China gives out a announcement to say, this company board of directors " not appropriate or a got-up affair grow know anything with, or likelihood and share price are fluctuant about " . Subsequently the reporter fails to contact personage of China embellish electric power again.

17 days, group of Hua Run of parent company of China embellish power also issues solemn statement in its official net, say to welcome to superintend an orgnaization to offer those who have factual basis to inform against clew to company and superior, but the reservation of words and deeds of reputation of bespatter, calumniatory to everything company gives investigate its law duty and chase after countervail the right of pecuniary loss.

Share price of China embellish electric power drops two days 11.6%

Suffer " the company is informed against " reach " small shareholder thought fors the time being " the dual impact of incidethe most popular north face shirtsnt, china embellish electric power drops two days in the share price of Hong Kong 11.6% .

After real name informs against a message to circulate on gregarious platform, share price of 17 days of China embellish electric power that appear on the market in Hong Kong from early dish little scope drops, to 11 o'clock around drops quickly, close finally drop 10% , receive a reply 17.98 HK dollar.

Its share price drops further yesterday 1.78% .

Character brief introduction

Song Lin: Currently hold the post ofHua Run (group) limited company president.

1985, enter China profit group. 2004, person of door of China embellish palm coulds there be high rather president of group of the food in taking up the post of, song Lin becomes Hua Run (group) limited company general manager.

2008, become president of China profit group, hold China embellish electric power part-time to accuse chairman of limited company of microelectronics of a limited company, China embellish. In the meantime, still have the job such as vice-chairman of board of directors of Inc. of business of 10 thousand families.

2010, resign China embellish electric power accuses a limited company chairman.

" fortune " in the pop chart of 50 business circles cacique that 2012 China have force most, platoon of forest of the Song Dynasty is in the 20th. spring pool

[reaction]

The China Disciplinary Commission says to already was received inform against

In showing to already was handled in the program, "Await patiently please "

Dispatch of new capital newspaper is aimed at " real name of Wang Wenzhi small gain informs against Hua Run group to be in charge of high " be related, according to people network coverage, its reporter calls the China Disciplinary Commission to inform against a phone yesterday 12388 learn, the China Disciplinary Commission expresses to had received afore-mentioned informing against, in showing to already was handled in the program. The department says related the China Disciplinary Commission, "Await patiently please " . New capital signs up for a reporter yesterfree norton internet antivirusday 17 when Xu Yi is called 12388. But till working hours ends,should inform against a phone (late 18 when) hint all the time receive listen to personnel completely busy.

Meanwhile, reporter of new capital newspaper contacts national endowment two days continuously appoint office of information, relevant controller represents the place 17 days, because he did not receive authorization, cannot make any comments with respect to this matter. He asks new capital signs up for a reporter to hand over subsequently cover application. 18 days, national endowment appoint chief expresses related the office of information, will covered state of fax pass on endowment appoint discipline appoint, but specific return form and time, still need a reporter to await.

[review]

Disturbance only then at buying mineral products of civilian look forward to

China embellish electric power did not show the holding company that buys Hua Run of main body Taiyuan buy detail

Be aimed at Hua Run this inform against and small shareholder news briefing all is buy together in the light of what happened 2010. Hua Run of the Taiyuan below Hua Runqi buys below division of group of trade of gold of enterprise of Shanxi civilian battalion 10 substance at that time.

Appear on the market electric power of company China embellish says in the newspaper in 2010, this 10 bought substance include 3 collieries and 7 coal mines relevant enterprise. Among them colliery (former photograph colliery, medium colliery of company coal mine, Gong Ya head) total reserve and recoverable reserves part to mix 255 million tons for 457 million tons.

Group of Shanxi gold trade is Shanxi before first rich Zhang Xinming is subordinate and familial company, the coverage of much home media such as newspaper be managemented by China is the Zhang Xinming before this be heavily in debt, after subsequently golden estate assets offers China benefit, china manages the report of the newspaper to say, "Golden estate assets sold a personage of a person of same business suddenly the good price that dare not imagine, this is magical change in Shanxi coal group to resemble a legend. This is magical change in Shanxi coal group to resemble a legend..

But as the direct holding company that buys Hua Run of main body Taiyuan, appear on the market electric power of company China embellish did not announcnorton internet antiviruse this to buy the detail such as capital.

Economy consults the report of the newspaper points out, hua Run trades to this the price that give out is 7.9 billion yuan, total appraise value is close to one billion four hundred and ten million and sixty-five thousand four hundred and eight yuan,

The report points out, this one asset in trading evaluates existence serious problem, by the Fang Jinye that be bought all group precatory evaluates an orgnaization to undertake its are evaluated, and its permit of mining of former photograph colliery goes.

Wang Wenzhi says in inform against subsequently, "In president of China profit group direct directive of Song Lin falls, china embellish electric power pays quickly however directly to golden trade group or pay 8.1 billion yuan to buy a fund secondhand, disobey among them buy an agreement to pay many yuan 50 ahead of schedule. " point out its buy asset to be put in multinomial problem.

[China benefit high level informs against incident beginning and end]

In September 2009

The group of Shanxi gold trade of management get into trouble, be about to sell off the asset below the banner to give group of Great Harmony colliery the company with 5.2 billion yuan, but this plan fails finally

In Feburary 2010

China embellish electric power with nofree watch caset prep above buys golden trade group 7.9 billion yuan afore-mentioned asset 80% equity, the reportwatch case opener says,spring pool china embellish electric power is current direct already or paid 8.1 billion yuan to buy a fund secondhand

In July 2010

Demit of forest of the Song Dynasty holds the post of chairman of board of directors of China embellish electric power to hold executive trustee concurrently

On July 17, 2013

Xinhua News Agency " economic reference signs up " reporter Wang Wenzhi informs against Song Lin of presidbrass faucet aerator ent of Hua Run group to wait for Hua Rungao to be in charge of, buy in this dereliction of duty is suspected of in the case even behavior of corrupt corrupt of a huge sum

On July 18, 2013

Small shareholder of China embellish electric power holds dimension authority news briefing, show China embellish electric power buys golden estate assets to be put in serious overmeasure

On July 18, 2013

Media coverage says, response of China Disciplinary Commission, had received afore-mentioned informing against, in showing to already was handled in the program

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