Xin Wanda Leads The First PE Corruption Chain

Li ion battery module manufacturers

The company was previously widely questioned as "uncle's sponsor nephew", because its sponsor is the first venture securities, and the fifth largest shareholder of the company, Shenzhen first Growth Investment Co., Ltd. (hereinafter referred to as "Shenzhen capital"), is the shareholder of Beijing.

However, the prospectus issued by the company in April 1st shows that Beijing's first investment has already pferred the Shenzhen's first equity interest to a company called Beijing Jing Chuang Venture Investment Limited (hereinafter referred to as "Jing Chuang he").

And behind the founding of the company is also suspected of being the first company to participate in the holding of the company.

Of which PE

As a matter of fact, there are similar interest groups behind Busen's [0.00 0% shares, which have been listed on Busen's stock market, and the new 2.55% companies that have been listed, and their sponsors are the first venture securities.

The truth behind it needs to be further clarified.

Sale of a subsidiary company

The first pioneering securities sponsor, Xin Wanda, officially opened the journey to enter the growth enterprise market in March 11th, but was soon questioned.

The prospectus shows that the fifth largest shareholder of Shenzhen, Shenzhen first Growth Investment Co., Ltd. (hereinafter referred to as "Shenzhen capital") owns 4 million 230 thousand shares, accounting for 3% of the total share capital of the company before issuance, and the third largest shareholder in Shenzhen, with a shareholding ratio of 15.66%.

In fact, Beijing's first venture capital is a holding subsidiary of capital group, and the first start-up securities is also a controlling subsidiary of the first group, of which the relationship is a market concern.

More importantly, unlike the other companies that disclosed the history of the issuer's shareholding in detail, the listed documents of Xin Wanda avoided the key issues such as when to invest in stocks and share costs in Shenzhen, and the situation was criticized by the industry.

However, according to the industrial and commercial registration data: Shenzhen was first established in November 21, 2007, and the reform of joint-stock system started in August 2008, which means that Shenzhen's first hit was to set up and become a shareholder within the first 8 months before the issuer substantially prepared IPO.

Since Xin Wanda did not disclose the cost of Shenzhen's initial stake, Shenzhen's first capital increase has become a mystery.

However, bang Pu technology in 2008 8 months to enter the price of Xin Wanda provided coordinates.

In July 2008, bump technology purchased 17 million 700 thousand of the price of Wang Mingwang, the actual controller of Xin Wanda, at 10% yuan.

Generally speaking, the earlier the time is, the lower the cost.

According to this calculation, Shenzhen's initial cost of holding 3% (pre issue) should be no more than 5 million 474 thousand and 200 yuan.

According to its shareholding 4 million 230 thousand shares, its share price should not be higher than 1.3 yuan / share.

Xin Wanda gained 0.44 yuan per share in 2010, and its price is expected to reach 26.4 yuan at 60 times price earnings ratio.

That is to say, Shenzhen's first initiative is expected to get a huge profit of up to 20 times.

In the face of doubt, the pioneering group appears to be "good at everything" and urgently starts the process of equity pfer.

According to the first letter of Beijing issued by Xin Wanda in April 1st and the letter of intent to offer shares listed on the gem, Shenzhen's first venture capital investor held a 15.66% stake in Shenzhen, which was pferred to the Hong Kong Equity Exchange in January 13, 2011 -2011 in February 14th. In March 1, 2011, the Transferee "Jing Chuang he" and the Beijing Venture Capital Investment Co., Ltd. signed the property rights trading contract.

It was not until March 27th that the pfer of shares was completed in the industry and Commerce Bureau.

That is to say, the paction was completed only 4 days before the offer.

Then, what price is Shenzhen's first 15.66% stake pferred to the Chuang Chuang?

It is not known that the value of Shenzhen's first listing on the Beijing property exchange is 13 million 316 thousand yuan (8509.3*15.66%).

In fact, when Shenzhen was first established in November 2007, its paid up capital has reached 83 million yuan.

In fact, Beijing's first venture capital investment has been pferred to the "Chuang Chuang", which not only can not wash away the suspicion, but also aggravates the market's worries.

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Mysterious "crystal" appeared to take the lead in executive shareholding?

Why is Beijing's first venture capital to be pferred to Chuang Chuang?

What is the sanctity of crystal creation?

The prospectus for Busen clothing, which is proposed to be listed by the gem, has opened a corner for people: Ding Zhigang, the legal representative, was founded in May 21, 2009.

The shareholders of crystal CHUANG Group invested 5 million 500 thousand yuan in the crystal investment, accounting for 55% of the shares. Busen Group invested 1 million 600 thousand yuan, accounting for 16% of the total share capital; Chali Li invested 1 million 200 thousand yuan, accounting for 12% of the total share capital; the founder of Busen group Shou Cai Feng contributed 900 thousand yuan to the total share capital 9%; Xu Linyuan contributed 800 thousand yuan, accounting for 8% of the total stock.

Busen listed is the sponsor of the first venture securities.

Reporter survey found that crystal investment is a registered company in Shenzhen, registered capital and paid up capital are 85 million yuan, currently holding 1.89% of the first venture securities.

Shareholder information shows that the largest shareholder of crystal investment is "China Jiaxin Investment Limited", holding 77.5%, and the rest of the shares are held by natural persons.

Share participation ranges from 100 thousand to 2 million.

From the situation of Internet search, 4 of these personal shareholders are suspected to be in the pioneering group: 1 million 530 thousand yuan invested, 1.8% Li Hongjian and the first deputy general manager of Antai Life Insurance Company; Zhang Shengli, who invested 765 thousand yuan, was renamed with the deputy director of the Industrial Restructuring Office of the capital group; Cao Guoxian, who invested 578 thousand yuan, was renamed with the chairman of the founding group; Rao Guobin, who invested 306 thousand yuan, was renamed the senior manager of Beijing.

In fact, in the first two years, crystal investment had once been adjusted.

At that time, the senior executives of crystal investment were: Yu Changjian (director) Wang Hong (director) Shen Daqiang (Chairman) Zhi Jingming (supervisor) Gao (director) Li Qingyuan (supervisor) Liu Xuemin (director) Wang De (director) Li Hongjian (director) Li Hongjian (supervisor) (General Manager).

Many of these executives are part of the identity of some of the executives of the founding group.

Yu Changjian is the same as the general manager of Beijing's [7.00 2.64% stock bar Co., Ltd., and Shen Daqiang is the same name as the chairman of Beijing Jinxiu Garden Investment Development Co., Ltd., which is under the lead group of Beijing. Wang Hong is the same as the general manager of Beijing capital investment banking department, Liu Xuemin is the same as the first pioneering securities chairman, and Qian Longhai is the same as the first pioneering securities president.

At the time, these executives were also shareholders of crystal investments.

Among them, Liu Xuemin invested 1 million 250 thousand yuan, accounting for 2.5% of the total share capital; Qian Longhai invested 790 thousand yuan, accounting for 1.58% of total capital; Yu Changjian invested 600 thousand yuan, accounting for 1.2% of the total share capital.

Beijing Capital Venture Group invested 7 million 500 thousand yuan, accounting for 15%, and China Guangdong XinDa Asset Management Co., Ltd. invested 30 million yuan, accounting for 60%.

The above executives are no longer in crystal investment, but they are still full of phantom.

Does this mean that the first group was pferred directly to the first executives in the month before the listing of Xin Wanda?

It remains to be clarified by all parties concerned.