Where Will The Hengda Shares Remain To Be Dealt With?

According to the world clothing shoes and hats net, recently, Qingdao Securities Regulatory Bureau

The decision on administrative penalty and the decision to enter the market shall be issued.

Dong Jiangao was fined because of fraud and information disclosure violations. Dan Cunli, the actual controller, was sentenced to 10 years.

Forbidden punishment!

Ever since delisting involves the protection of small and medium-sized shareholders, Hengda shares were once at the center of the new three board public opinion. Now, what is the future of the company's shares, which is still in the face of fraud?

900 million yuan net assets, 90% are fake!

The general manager of the company's false statement and letter Phi violation was banned for ten years.

According to the administrative penalty decision of the Qingdao regulatory authority [2018] No. 2 disclosed that there was a false statement and disclosure of information by the company.

Between January 1, 2014 and June 30, 2016, Hengda shares recorded 300 million yuan in exclusive store revenue, including 99 million yuan in 2014 and 150 million yuan in 2015, and 51 million yuan in the first half of 2016.

During the period from January 1, 2014 to June 30, 2016, monarch made his own name.

(Hengda stock company) receipts receipts and cash receipts, Jiang Zhiqiang is included in the main business income of Hengda shoe industry, and then the account will be pferred to the bank account. The company will check all the financial bookkeeping vouchers. The relevant receipts and receipts do not specify the sales details. The finance department has not received cash, nor has the corresponding cash been deposited in the bank, and the relevant sales department is fictitious.

As of June 30, 2016, Hengda shares recorded a bank balance of 489 million yuan.

At the beginning of 2014, Hengda shares added 310 million yuan to bank deposits, and between January 1, 2014 and June 30, 2016, a single cash payment method was adopted. The fictitious cash deposit was handed over to the finance department for account keeping, while the actual bank deposit did not increase.

Hang Da shares have not yet disclosed the short-term loans truthfully.

From 2014 to the first half of 2016, Hengda shares did not disclose the amount of bank loans honestly, of which the balance was less than 235 million yuan at the end of 2014, and the balance was less than 398 million yuan at the end of 2015. In the first half of 2016, the balance was less than 326 million yuan.

In addition, Wang Jiwan, vice chairman and general manager of Dan Cunli, director and deputy general manager of the company, did not disclose timely disclosure of shares.

According to the "civil ruling" issued by the people's Court of Laoshan District in July 14, 2016 ((2016) Lu 0212 financial security 35) and the civil ruling issued by Shanghai Pudong New Area people's court in November 16, 2016 (2016), 51001 of Shanghai's 0115 early Republic of China, Dan Cunli's shares (frozen shares 7 million 710 thousand shares, 7.16% of the company's total share capital) and Dan Yuxiang (9 million 390 thousand shares of frozen shares, accounting for 8.71% of the total share capital) were frozen by law, but none of the above officers informed the company of the announcement. After the company's Internet search, the company issued a notice on the freezing of the shares and a notice on the issuance of the judicial freeze on the share rights issue in January 17, 2017.

According to the civil ruling issued by the intermediate people's Court of Qingdao in May 20, 2017 ((2017) Lu 02 early Republic of China 721), the company's judicial freeze of 9459572 shares (of which 7108354 were frozen by Wang Jiwan, accounting for 6.6% of the total share capital of the company).

However, the above officers did not notify the company to make a notice, until after the company's secret network inquiry, in October 20, 2017, issued the "equity freezing notice" and the "announcement on the renewal of the equity freeze."

The Qingdao regulatory authority ordered a correction to Hengda's shares, gave a warning, imposed a fine of 600 thousand yuan, warned Wang Jiwan, Dan Cunli, Dan Yuxiang, and directors of the company, deputy general managers, secretaries general and financial officer Jiang Zhiqiang, and imposed a fine ranging from $200 thousand to $300 thousand.

The Qingdao regulatory authority has confirmed that monsieh, as vice chairman and general manager of the company, is responsible for the daily production and management work of Hengda stock company. Its organization has implemented the false record behavior of information disclosure. It is the main organization member of the false information disclosure of Hengda shares, and its information disclosure false record is serious.

It is decided to take 10 years' prohibition measures in the stock market for the single deposit, and the parties shall not engage in securities business during the period of prohibition, or serve as directors, supervisors or senior managerial personnel of listed companies or non listed public companies.

Former Qingdao leather shoes King

Nowadays, the shares of Hengda, which are full of holes, have also had brilliant past.

Hengda shares is located in Qingdao, Shandong, is a family business for more than 30 years.

The company is mainly engaged in two major businesses, one is to produce products for some foreign shoe companies, and the other two is to produce and sell middle-aged and old leather shoes designed by themselves.

In 2008, its revenue reached 303 million yuan, and its net profit was 69 million yuan. As early as 2011, Hengda shares were rejected by the issuance examination committee for applying for IPO.

After the impact of the economic cycle and the electricity supplier, the development of leather shoes manufacturers and the whole industry is basically the same, and is in a downward trend.

Everyone has seen the "goddess of the bay" Daphne and "shoe king" BELLE.

So did Hengda shares, and profitability gradually declined.

From 2013 to 2015, net profit was around 50 million yuan, which was significantly lower than before.

But such performance is still a top student in the new three boards, and the new three board market was hot at that time. In January 2015, Hengda shares listed on the new three boards were sought after by investors.

In August 2015, after the company made the market, the two tier market was active, and the number of shareholders in September 2016 exceeded 200.

However, BELLE, Daphne and other giants are struggling. The situation of Qingdao's leather shoes is much less important. As early as 2014, Hengda shares began to inflate the company's revenue and assets. By the end of 2016, Hengda shares were involved in labor disputes and rumors of bankruptcy. They were deeply trapped in public opinion whirlpool. In December 30th of the same year, the securities company's new era securities was specially investigated, but it was rejected by Hengda stock.

Perhaps at that time, Hengda shares had already thought of the way back - delisting.

In January 6, 2017, Hengda issued a notice to terminate the listing.

When the company is out of business, investors are in a panic.

After all, the shares of Hengda share fell L from the peak of 10 yuan to 1.71 yuan after the two years of listing.

Therefore, small and medium-sized shareholders are angry and refuse to agree to the company's low price repurchase and its delisting matters.

As early as August 16, 2017, Hengda shares were put under investigation by the SFC, that is to say, both shares were occupied by Hengda, and it was impossible for the company to walk away easily.

Now that the fraud has come to light, the Commission's investigation has had the result and the punishment has been settled. Where will the Hengda shares go?

More interesting reports, please pay attention to the world clothing shoes and hats net.