Yintai Is Another Informer, &Nbsp; Zhejiang Private Capital Changes.

Beijing Yintai department store

Yintai department store, Jingtai Yintai and Science City, the three listed companies which are located in the Hong Kong stock market, the main board and Shenzhen GEM, together with the recent A, the first, second largest shareholder of the stock market, are the Shen Guojun holding companies or the associated listed companies which are collectively referred to as "Yintai".

Shen Guojun, a Ningbo native of Zhejiang, led the "Yintai Department" to operate three major sectors: department stores, real estate and minerals.

However, the market gives Shen Guojun the title of "capital Predator" - its ability to move and move in the capital market seems to be more concerned than the operation of many listed companies under its control.

Several times to stir up cards

"Yintai" is not in liquor.

Capital in the first half year

Even so, speculation about A has never stopped. At least, "mutual litigation" between Yintai and Wu Shang Lian has not yet been decided.

Market rumors, the aim of Yintai is not the controlling power of A, but the A of the company.

In fact, A is not the only target for Yintai to fight for equity.

As early as in 2005, the Yintai group, which was invested by us Huaping investment fund of 86 million US dollars, was allegedly invested by Hua Ping, former president of Yintai department store (Zhou is also a Ningbo native of Zhejiang), and began to hand out the A of the 100 largest group and the Hubei military company, and in the next few years, it brought great trouble to the major shareholders of the two department store listed companies. "In this way, the investment of the company was launched in 2005.

Referring to the 100 largest group, it is a story that is shared by Yintai department, which is similar to the war of share rights between Hubei and Wuhan businessmen, but the ending is different.

In 2005, Yintai group raised the number of cards and began to increase its holdings in the two tier market.

According to media reports, Wang Shuifu, chairman of Xizi co chairman, told reporters at an internal conference that Yintai's speed of playing cards exceeded Western imagination and was once very passive.

The holding of the 100 largest group ended in July 2008.

Further, Yintai began to reduce shares in the two largest market by holding the 100 largest group - low price placards and high price reduction. Yintai Department obviously benefited greatly.

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Yintai department to stir up the Zhejiang military business, private capital changes in the magic arbitrage

Property and mining industry

Is Yintai speculation or investment?

In fact, what Shen Guojun initially saw and intended to set foot in was not the department store market, but the more profiteering and speculative property industry.

According to relevant reports.

China Yintai invested in commercial real estate in Hangzhou that year, but was unable to sell because of many factors such as economic environment.

In the end, Shen Guojun chose to run his own business project, which is now Zhejiang Yintai department store Limited.

The so-called "unintentionally plugged willow willow shady", Yintai is able to stand up in the field, is also the department store industry.

Allegedly, Shen Guojun has said that although the department store industry has little profit, but the cash flow is large, it can moisten other industries, while energy is meat that can be eaten immediately, with huge profits. Commercial real estate can be added to the "Jiabao".

At present, in the field of commercial real estate and energy, Yintai's listed and holding listed companies are Yintai and Science City, respectively.

Today's Ningbo Yintai has been called Hualian and Yintai shares.

It also shows the "bad luck" of the listed company, which once dominated the Yintai department.

In May 2000, China Yintai held a share of 21.41% of the total share capital of Ningbo Hualian, at a cost of 43 million 80 thousand yuan.

Further, the department store business was injected into intime department store and then listed in Hongkong, while some of its real estate assets were sold to listed companies which have been renamed Yintai shares. According to relevant reports, China Yintai obtained at least 110 million yuan of cash from the listed companies.

After that, China Yintai raised 2 billion 500 million yuan in the way of private placement, and introduced Beijing basic investment facilities Co., Ltd. for the sake of 2 billion 500 million yuan of cash, Yintai was willing to surrender the position of the largest shareholder, and Yintai shares were renamed as Beijing Investment Bank and silver again.

By the end of September 5th, the Bank of Beijing invested 6.85 yuan / share close to the 183 million 929 thousand and 700 shares held by China Yintai, with a market value of 1 billion 260 million yuan. This figure is 29.24 times the 4308 yuan paid by China Yintai's acquisition of Ningbo Hualian equity.

Apart from real estate, science city is another strategic sign of Shen Guojun's involvement in mining industry.

In July 21st, science city released a reorganization plan to replace its 100% stake in Yin Tai Hotel and its 100% stake in Fuan mining, which is to be purchased.

As a result, the stock market rose 20% in two consecutive trading days.

However, this asset replacement behavior has been questioned by the market: as early as 2005, China Yintai entered the science city and stripped the listed company's main sewage treatment and municipal maintenance business, and began to set up Yin Tai Hotel management company wholly-owned and vigorously supported its investment and construction.

It has been reported that science city has provided the Yin Tai Hotel with interest free loans of nearly 600 million yuan over the years, and it also bears the invisible risks in the construction stage and the initial stage of operation. As we all know, commercial projects are hard to make profits in the initial investment and even in the first three years.

However, when the Yin Tai Hotel finally entered its growth stage, it was "accidentally" pferred, causing the industry to the scientific city this practice is "marched" sigh.

Although the city of science has made relevant clarification about the rumor, in this Clarification Announcement, although the Yin Tai Hotel assessment method has been explained in more detail, it failed to give sufficient reasons for the divestiture of Yin Tai Hotel from the listed company.

After the announcement of the "unclear" announcement of the Science City, investors seemed to calm down and the environment changed. During the period from July 26th to September 5th, the stock price of Science City dropped by 30.23%.