The Largest Shareholder Controlling Shareholder Of Mei DA Has Been Registered On Suspicion Of Misappropriation Of Funds.

Guangdong Xinhui

Nylon Limited by Share Ltd (Mei Da stock (000782, stock bar) is under investigation due to the actual controller of major shareholders.

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Mei Da shares announced last night that the board of directors has recently received the decision of the Public Security Bureau of Guangdong, which is sent by the Tianjing Industrial Group Co., Ltd. (hereinafter referred to as "Tianjian group") in February 24, 2012. According to the law, it decided to file a case investigation for Liang Guangyi, Liang Shaoxun and Liang Weidong on suspicion of embezzlement of funds in Jiangmen.

Due to the need for further verification of the relationship between the case and Mei Da stock, the stock market has been suspended since June 6, 2012.

This is different from the details disclosed by the three brothers of the Tianjian group.

In October 11, 2011, Mei Da shares announced that Liang Guangyi, chairman of Tianjian group and Liang Shaoxun, director of the board of directors, had been taken coercive measures by the judiciary for their alleged bribery. They were being investigated.

In April 26, 2012, Mei Da shares announced that Liang Weidong, director of Tianjian group, was also on bail pending trial in September 16, 2011 on suspicion of the above case.

The announcement shows that Liang Weidong is the chairman of the company, and Liang Guangyi and Liang Shaoxun are the directors and vice chairmen of the company. The three are brothers. The proportion of shares held by Tianjian group is 33.33%, 33.34% and 33.33% respectively.

Tianjian group holds more than 8000 shares of the company, accounting for 20.23% of the total share capital, so the three brothers are the actual controllers of the company.

Since last year, the three brothers have been fighting for the control of the shares of the United States because of internal strife. Liang Shaoxun and Liang Guangyi signed the "equity contract of entrustment" to entrust Liang Guangyi with the rights and obligations of the shareholders of the company, or the company.

After the alliance between the two parties, Liang Shaoxun and Liang Guangyi voted against the board of directors proposed by the Liang Weidong side, resulting in a two degree failure of the board of directors. The bank froze the credit line to the company for risk reasons, and the company was forced to reduce its capacity.

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In May 19th of this year, Liang Shaoxun announced that it had already withdrawn its entrustment to Liang Guangyi to exercise its rights and obligations of shareholders in Tianjian group and other companies. The reason was that Liang Guangyi was restricted to personal freedom in other cases and was not competent to exercise the above entrusted matters.

On the same day, Liang Shaoxun signed a contract of stock ownership with Liang Weidong, entrusted Liang Weidong with the rights of Tianjian group and Mei Da stock to exercise the rights and obligations of shareholders.

Liang Shaoxun and Liang Weidong's "new alliance" failed to make their way.

In May 29th, maiden shares received the award of the China International Economic and Trade Arbitration Commission sent by Tianjian group, ruling that since July 20, 2011, Liang Guangyi has been granted the 33.33% equity interest of Liang Shaoxun and all the subordinates owned by the group indirectly owned by the company, and is entitled to an irrevocable, uninterfered, exclusive and complete shareholder's right.

According to the ruling, Liang Guangyi has the right to exercise 66.67% of the shareholder's rights of Tianjian group since July last year and become the controlling shareholder of Tianjian group. The ruling will also change the actual controller of the company.