Influenced by this news, * ST Peng started the market with a word of drop and stop. By the time of publication, about 203,000 hands were on the drop board.
The Financial Controller resigns and assists the public security organs in their investigation
The landlady rushed to the battle for several jobs
On the evening of the 8th, ST Peng issued 12 announcements in one breath, mainly about three things.
First thing, Sun Xiaotong, director and financial director of the company resigned. At the same time, the company learned from the relevant departments that Sun Xiaotong should assist in the investigation at the request of the relevant departments.
Secondly, because the accuser was detained, the company appointed Song Xueyun as the general manager and Secretary of the board of directors, and Song Xueyun was the wife of the accuser.
The third thing is that because of the abandonment of the share of the trust plan, the shareholding of the controlling party in the company decreased from 22.73% to 17.51%.
On the evening of the 8th, ST Pengqi announced that the board of directors had received a written resignation report from Sun Xiaotong, director and financial director of the company. Sun Xiaotong resigned as director and chief financial officer of the company for personal reasons and will no longer hold any position in the company. At the same time, the company learned from the relevant departments that Sun Xiaotong had resigned as director and financial director of the company before cooperating with the relevant departments to assist in the investigation at the request of the relevant departments.
The evening announcement on July 8 showed that the company held its forty-first board of directors on July 6, 2019. The bill on appointing Song Xueyun as the general manager of the company and the bill on Song Xueyun acting as the Secretary of the board of directors of the company were also approved by the board of directors. According to public data, Song Xueyun and Zhang Pengqi are husband and wife, and they are the same actors.
The landlady took office to expose irregularities in letters and approvals
According to * ST Pengqis announcement of the alteration of the unanimous actors of the prosecutors, Song Xueyun sent a statement letter to Minsheng Bank of China Limited (hereinafter referred to as Minsheng Bank) and Yunnan International Trust Company Limited on September 5, 2018, expressing his willingness to give up the trust share of the trust plan held, the trust interests enjoyed, Based on the rights of the beneficiary to distribute the trust property and the additional enhanced trust funds that have not been recovered, all of them belong to the priority trustor, and at the same time, the relationship with the trust plan as a concerted actor is terminated, and the right of investment proposal of the trust plan is agreed to be transferred to the priority trustor.
As Xiamen International Trust Co., Ltd. - Tianqin No. 10 Single Funds Trust holds 91588168 shares, accounting for 5.22% of the companys total equity. As a result of the dissolution of the above-mentioned concerted action relationship, the change of the actual controlling shareholding of the company decreased from 22.73% to 17.51%.
Stock rights changed a year ago. Listed companies did not disclose their shares until yesterday. Obviously * ST Pengqi seriously violated the principle of information disclosure.
Non-standard annual report, illegal storage by major shareholders, etc.
Twenty drop stops have been triggered
* ST Peng has been moving continuously in recent years. Since 2015, it has stripped medicine, tape, agricultural machinery, rare earth and other businesses. At the same time, it has established a development strategy with military industry as the main part and environmental protection as the supplement, which was once recognized by investors.
In recent years, the company has not only fallen into a large number of violations of foreign guarantees and lawsuits, leading to accounting firms unable to express accurate opinions. At the same time, lawsuit shares such as Zhang Peng, the actual prosecutor, have been frozen on a waiting basis due to private lending disputes, and large shareholders holding tripartite shares have also been frozen due to illegal storage cases.
On April 26, 2019, Pengqi Science and Technology released its annual report for 2018, which lost a huge loss of 3.81 billion yuan. At the same time, audit institutions issued audit reports that could not express their opinions.
Overlapping multiple factors, * ST Peng has fallen 20 consecutive stop-boards since April 25, 2019, and its share price has fallen 65%. According to the quarterly report of 2019, as of March 31, 2019, about 80,000 households owned * ST Pengqi stock.
According to Pengqi Science and Technologys annual report, the company lost 3.8 billion yuan in 2018 mainly because of the proposed assets impairment of 3.499 billion yuan, the main title is:
1.544 billion yuan of provision for impairment of goodwill;
2. The reserve for raising and lowering the price of inventory is 910 million yuan.
3. The provision for drawing bad debts from other receivables is 534 million yuan.
4. The provision for bad debts in advance accounts is 502 million yuan.
5. The estimated liabilities are 299 million yuan.
6. The allowance for bad debts from accounts receivable is 0.09 billion yuan.
Controller Crazy Tunneling Listed Companies
20 million for 5 UAVs
Accountants can not express accurate opinions, of course, will attract the attention of the Shanghai Stock Exchange!
There are 16 questions in the inquiry letter from the Shanghai Stock Exchange. Pengqi Science and Technology responded twice on June 5 and 27 respectively, and the contents of the two replies are still not complete. The company said, As of June 28, 2019, there are still some items of inventory, other receivables, prepaid accounts, internal control and so on, which are prepared for price reduction. Item is still under verification.
Although it has not been checked out, the key point is that the actual prosecutor illegally embezzles at least 600 million yuan of assets of listed companies.
With regard to * ST Pengqi Technologys other receivablesbook balance of 625 million yuan at the end of 2018 and the provision for bad debts of 534 million yuan, the Shanghai Stock Exchange asked the company to explain who the debtor was. The company responded to the announcement that, According to the current verification situation, the nature of the balance of other receivables at the end of the period belongs to the actual controllers to the listed company. The total amount of funds occupied is 337 million yuan. Of course, this is not all. The company is further checking the debtors of other receivables.
Regarding * ST Pengqis prepaid account balance of 635 million yuan at the end of 2018 and the provision for bad debts of 502 million yuan, the company responded to the announcement that according to the current verification situation, the nature of the prepaid account balance at the end of the period belongs to a total of 267 million yuan occupied by the actual controllers of the funds of listed companies, which is not all, and the rest is still in existence. Verification is under way.
What is more amazing is that in * ST Pengqis goodwill in 2018, Luoyang Pengqi bought it from Zhang Pengqi, the companys actual controller, and put forward 390 million yuan of goodwill impairment. In the inventory, Luoyang Peng spent 20 million yuan to buy five UAVs, an average of 4 million sets. There was no purchase invoice, and the property rights were unclear.
Although the company said it would ask the accuser to make repayment measures, but the accuser is now in deep prison, its shareholdings have been frozen, and it is frozen on a waiting basis.
Source: Yang Bin_NF4368, Responsible Editor of China Foundation Newspaper