Modern Avenue 33 Million Yuan Investment "Trampling" Silver Letter Electronic People Go To Empty Space Is Liquidating

It is difficult to recover from the actual control of illegal guarantee to a large amount of investment. In September, after the management "big exchange transfusion", the modern Avenue (002656, SZ) was exposed to a number of "mines" buried in the previous operation.

In October 17th, the modern Avenue announced that the company invested 33 million yuan in the investment of Fujian silver letter Electronic Technology Co., Ltd. (hereinafter referred to as "silver letter Electronics"). Because of the possibility of short-term failure to recover the silver credit electronics, the company may prepare its bad debts in full, and the Shenzhen stock exchange immediately sent an inquiry letter to the modern Avenue.

In October 21st, the reporter visited the registered address of silver letter electronics on the spot, and the office space was empty. Property staff said the company had moved out in May 1st. Reporters noted that the modern Avenue and silver letter Electronics signed the investment framework agreement in April this year and paid a direct investment of 33 million yuan of investment intention, which means that silver letter electronics in less than a month after the withdrawal of the move away.

　　 33 million investment may be hard to recover.

According to the October 17th announcement of morden Avenue, in April 2019, the company signed the investment framework agreement with silver letter electronics. The modern Avenue intention was to invest 33 million yuan in silver letter electronics and hold 10% of its equity by way of capital increase, and paid 33 million yuan investment intention to it. As of the date of announcement, the formal investment agreement between the modern Avenue and the silver letter Electronics has not been reached.

Modern Avenue said that the company recently noticed that the silver letter issued a simple cancellation notice and is clearing. The company has commissioned an external lawyer to conduct a due diligence investigation on the status of the bank's credit electronics. However, the foregoing amount can not be recovered in the short term, and it may prepare for bad debts in full.

Reporters noted that this is the second month in the past month, the total amount of doubtful provision made by morden Avenue. Prior to the September 23rd, the modern Avenue announced that the cost of the company owed by Guangdong Zhong Yan Garments Co., Ltd. based on the investment cooperation agreement with the company amounted to 76 million 158 thousand and 100 yuan, and the company had involved many lawsuits, and the staff were disbanded and could not operate normally.

The sum of the sum of more than one hundred million yuan has been found to be unrecoverable. The Shenzhen Stock Exchange promptly sent a letter to the modern avenue to question whether the investment had the essence of investment, whether there was external financial support and non operating capital occupation.

For the 33 million yuan investment in the silver letter electronics, the enquiry letter of the Shenzhen Stock Exchange also asked for the modern avenue to explain the reason and reasonableness of the company paying the investment amount of 33 million yuan before signing the investment framework agreement. The relationship between Lin Xiufang, the legal representative of silver letter electronics and Lin Riqiang, the original legal representative, is related to the controlling shareholder of real estate and the actual controller Lin Yongfei.

　 The silver letter has been emptied.

The floor guide card at the elevator floor of the 11 floor of 2# building, Jinhui building, has been dropped off. The middle handwriting has fallen off every time, Zhao Linan, an intern reporter.

In October 21st, the reporter went to the 1101 place, 2# building, Jinhui building, Hua Linlu 492, tea garden street, Jinan District, Fuzhou City, Fujian province.

According to Qi Xinbao's data, there are two companies under the name of Lin Xiufang, the legal representative and shareholder of silver credit. In addition to the bank's credit electronics, the other one is Fujian polyxin Network Engineering Co., Ltd. its registered address is "11 floors of Jinhui building, 492 Hua Lin Road, Fuzhou, Fujian".

The reporter came to the 11 floor of Jinhui building, and found that all the lights had been shut down, leaving only the lights of the fire emergency channel, and no trace of any of these companies was found here. Only the "XXX Technology Co., Ltd. of Fujian province" has been left on the floor guide board, and the font between them has dropped off.

The office building directory on the 1 floor of Jinhui mansion and the notice on energy conservation on the 11 floor elevator exit, the word "silver trust electronic" is in the side of the vacancy. According to the reporter's visit, the office of the silver letter office has long been empty and the door is locked. It is obvious through the glass door that the office area is full of dust.

The reporter interviewed the property management staff of Jinhui building as a creditor and got a clear reply from the property management staff: "(silver letter Electronics) moved away in May 1st this year."

This means that after signing the agreement with the Boulevard Avenue in April and receiving 33 million yuan of investment intention, the bank's electronic business withdrew in less than a month.

　　 Exchange concerns whether there is correlation.

Reporters inquired about the national enterprise credit information publicity system, found that Ag Xin Electronics was established in September 3, 2014, with a registered capital of 10 million yuan. Its business scope is R & D sales of electronic products, and acceptance by financial institutions to engage in financial information technology outsourcing. At present, silver letter electronic is making a simple cancellation notice, the announcement period is October 8, 2019 -2019 November 22nd.

The official WeChat public number of silver letter electronic official "silver letter 9955" shows that the silver letter electronic belongs to the silver letter group. The group integrates software research and development, technology service outsourcing, and product sales agent to provide customers with Kingdee ERP two development, enterprise mobile application solution, enterprise electricity supplier solution, and enterprise financial payment overall solution.

The reporter also inquired that silver letter electronic has launched "silver letter" APP, the introduction of the APP in an application store is "through the silver communication system, the customer can inquire the transaction list of the agent business in real time, distribute the monthly report separately, and make the real time transaction through silver Yin Tong APP."

The reporter contacted Lin Riqiang, the former legal representative of bank Xin Electronics, told reporters: "the main user group of Yin Xin Tong is the electricity supplier group." Coincidentally, the modern Avenue had planned to build its own electricity supplier APP. Is it necessary to invest in electronic banking for self built e-commerce platform?

However, the latest three quarter results released by morden Avenue show that, due to the reason that the wholly owned sun fashion Boulevard Agel Ecommerce Ltd intends to make an impairment of assets for its intangible assets (modern fashion platform APP software), the company has decided to correct its performance forecast for the first three quarters, from a profit of 0 yuan -1000 million to a loss of 20 million yuan -3000 -3000.

Regarding the investment and cooperation between the modern Avenue and the silver letter electronics, Lin Riqiang, the former legal representative of the silver letter electronics, told reporters: "it is not clear about this cooperation. This is what they did after I transferred to the company. I'm not in the bank anymore. " And for the Shenzhen Stock Exchange asked whether "silver letter electronic original legal representative Lin Riqiang and modern Boulevard controlling shareholder, actual controller Lin Yongfei whether there is a correlation", Lin Riqiang told reporters "do not know Lin Yongfei".

The reason why the bank and E-E moved away from the original office and the reasons for the cancellation were received immediately after receiving the investment, and the public telephone of the reporter was unable to get through.

Dong Fang Lin Lin, a modern Avenue, told reporters that the company's response to the inquiry letter will be followed by the specific contents of the investment in the silver letter. "We have sent a letter to the other side, and the sync is also going through the judicial process. The company will spare no effort to safeguard the interests of the company".