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    Huafang Textile Has Been Reported Again And Again.

    2014/1/26 10:08:00 21

    Huafang TextileReorganizationReportXiao ZhaoyaLitigation Disputes

    < p style= "text-align: center" > < img border= "0" align= "center" alt= "" src= "" /uploadimages/201401/26/20140126101651_sj.JPG "/" < > > "


    Less than half a month after receiving the notice of < a > the SFC < /a >, the Huafang textile industry's reorganization of assets has encountered a new roadblock, P.

    On Friday, the natural person and former partner of the dispute with Huafang textile company, "a href=" http://sjfzxm.com/news/index_c.asp "Xiao Zhao ya /a", provided civil pleading to the popular Securities Journal. Besides the lawsuit against the Suzhou intermediate people's court, Xiao also came to Jiangsu Securities Regulatory Bureau in January 23rd to report the Huafang textile in real name.

    < /p >


    < p > < strong > the former partner reported the listed company < /strong > /p >


    < p > "restructuring involves great interests, especially in relation to the interests of large and medium-sized shareholders.

    Now I will prosecute and report the listed company as a natural person. If I fail to make the reorganization because of the false report, I am willing to bear criminal responsibility.

    After he finished speaking, Xiao Zhaoya commissioned his attorney to send a civil complaint to the "popular securities", and said that the contents of the reporting materials to the securities regulatory bureau and the civil complaint of the Suzhou intermediate people's court were basically the same.

    < /p >


    < p > "Xiao Zhaoya's prosecution of Huafang textile case was originally heard in the Suzhou intermediate people's court in January 21st. As we provided more evidence, the Suzhou intermediate people's court asked us to streamline it, so we could only postpone the hearing." Xiao Zhaoya's attorney said: "it must be postponed until the end of the year."

    < /p >


    < p > Xiao Zhaoya and a > Huafang textile > /a > was once a partner. In 2009, Alex Hua Tian was jointly funded by the company. After that, Hua Fang sued Xiao Chao Ya on the grounds of recovering loans. Xiao also prosecuted Fang Fang textile on the grounds of the other party's signing a contract by fraud.

    In this regard, the "popular securities" has published the article "Huafang textile reorganization prospects uncertain loan dispute" new exposure "bribery", "Xiao Zhaoya defendant changed huffang textile prosecution was prosecuted claims ten million" reported.

    < /p >


    < p > < strong > existing relationship with Qin Da Qian < /strong > < /p >


    < p > earlier, there was a rumor in the market that Xiao Zhao and Huafang had a kinship relationship with a "chief executive". The complaint confirmed the rumor that the "boss" is the director of the Huafang textile company and the actual controller Qin Da Qian.

    < /p >


    < p > Xiao Zhaoya wrote in the complaint that before signing the agreement on share pfer of Alex Hua Tian company with Huafang textile company, he asked to check accounts receivable and payable of Alex Hua Tian company. However, the other party said he and Qin Daqian were relatives, and two came to China Fang textile company as a listed company, so there would be no financial problems.

    After taking over the Alex Hua Tian company, there are many debts.

    After being deceived and carrying about 30000000 of the huge debts, Huafang textile not only pursued debts to Xiao Zhaoya by various means, but also reported Xiao Zhao's withdrawal from Alex Hua Tian's registered capital to the Zhangjiagang Public Security Bureau, which led to Xiao Zhaoya's criminal detention for 15 days, and was released by the Zhangjiagang prosecutor's office in the light of unclear facts and insufficient evidence.

    < /p >


    < p > for this, the reporter telephoned Hua Fang textile manager Zhao Jiangbo.

    "I am not in a position to interview now. We will make a public announcement on the matter later, and all reply will be based on the announcement."

    Zhao Jiangbo said.

    < /p >


    < p > < strong > after the new deal, the first single storage variable < /strong > < /p >.


    < p > last December 4th, Huafang textile announced a reorganization plan. Because of being bought by Jihua energy and added to the SFC's "New Deal" issue, it has the sample significance, and Huafang textile has been trading for 4 consecutive trading days after resumption.

    < /p >


    < p > however, about a litigation of Hua Fang textile, litigation disputes /a and illegal activities follow.

    In December 16th, Huafang textile received the "decision to order corrective measures" issued by the Jiangsu Securities Regulatory Commission.

    Jiangsu Securities Regulatory Commission requires Huafang textile to stop its financial system, which is responsible for routine maintenance and other irregularities. It also rectifications the independence of listed companies, especially the separation of personnel, assets and finance from controlling shareholders.

    < /p >


    < p > on the Shanghai e interactive platform, many investors also asked questions about the dispute between Huafang textile and Xiao Zhaoya, and whether the asset restructuring would be stopped. The company still responded with the "see the notice".

    < /p >


    < p > yesterday's closing, Huafang textile reported 6.63 yuan, down 20% compared to < a > restructuring > /a > the highest price of 8.31 yuan after resumption.

    Last night, Huafang textile issued a Clarification Announcement, saying that Xiao Zhao's report was not true, but it did not explain whether investors concerned about the restructuring problem.

    < /p >

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