In less than a week, there have been four police and banditry blockbusters in A shares, and the chairmen of four listed companies have been arrested and fallen into the altar. As soon as the relevant news came out, the stock price fell sharply, and the vast number of shareholders suffered a lot.
The stock market is risky, so we need to be cautious in entering the market. Today, every time we comb the four cases of chairmans arrest, the alarm bell rings, hoping that you can learn lessons and reduce the risk of trampling on thunder.
Chairman arrested: Wang Zhenhua
Mine Explosion Company: New Town Holdings (601155.SH)
Number of shareholders: 38.4 million
Photo Source: Video Screenshots
Resume: Wang Zhenhua, male, 57 years old, chairman of Xincheng Holdings, EMBA, Yangtze Business School, with a family of 23 billion.
Cause of arrest: suspected of child molestation by Shanghai Putuo police criminal detention.
Mine Explosion: New Town Holdings Market Value Evaporation of 32 Billion
After the incident was exposed, Xincheng Holdings has eaten three consecutive stops. Today (July 9) it finally opened the stops. As of the publication, the decline was 9.38%, which was 28.2 yuan per share. At present, the total market value is 63.6 billion yuan, and the market value of four trading days has evaporated 32 billion yuan.
Shareholder dJAyZN: Say nothing to buy such a boss, such a companys stock.
Do you kid me? I think its an irregularity.
Adgjlcbzm: you retail investors should not impulsively take the plate, or regret will be too late.
Autumn Wind wmh: Fathers crime, sons succession, such a company is no better!
Latest Progress: New Town Holdings discloses the time line after Wang Zhenhuas arrest
New Town Holdings announced on July 9 and received a written resignation report from director Wang Zhenhua on July 8. At the same time, in response to the regulatory letter of the Shanghai Stock Exchange, Xincheng Holdings disclosed the time line of the incident after Wang Zhenhua was arrested:
July 1: Wang Zhenhua was taken compulsory measures by the public security.
July 2: Wang Xiaosong, the current chairman and president, received a telephone call from Fengxincun police station, the mayor of Shanghai, and went to the police station around 23:00 on the same day to learn that Wang Zhenhua, the former chairman of the company, was taken compulsory measures.
From 9:30 on July 3, Wang Xiaosong notified the directors and chief executives of the company one by one to call for an emergency meeting.
From 13:00 to 14:00 on July 3, Wang Xiaosong orally informed the directors and key executives of the meeting about the compulsory measures taken by Wang Zhenhua.
At about 15:00 on July 3, Wang Xiaosong received a notice from the police station and went to the police station. Wang Xiaosong returned to the company at about 16:30 after receiving the written detention notice.
About 19:20 on July 3: The sixteenth meeting of the second board of directors was held.
July 3, around 21:48: The company uploaded information disclosure documents on the website of Shanghai Stock Exchange.
As a result, Metro Holdings said that through the investigation of the company and insider information insiders, there were no cases of early disclosure of insider information and illegal transactions (including collective bidding and bulk transactions) for both the company and insider information insiders.
Arrested Chairman: Luo Jing
Mine Explosion Company: Boxin (600083.SH)
Number of shareholders: 115,000
Resume: Luo Jing, female, Hong Kong citizen of China, born in 1971, holds an MBA degree from Hong Kong University of Science and Technology. Besides Boxin Share, a company with A shares, there are also listed companies in Hong Kong, Chengxing International Holdings (02662.HK) and Camsing Health Care (BAC), a listed company on the Singapore motherboard.
Causes of arrest:
However, this statement has not been confirmed by the police.
Mine detonation status:
On July 5, Boxin shares announced that Luo Jing was detained by Yangpu Branch of Shanghai Public Security Bureau on June 20, 2019. On that day, Boxin shares closed down with a fall, but on a subsequent trading day, Boxin shares rose again today, up 4.66% as of the publication.
However, Chengxing International Holdings, a Hong Kong-owned company owned by Luo Jing, plunged 8.93% on July 5 and 80.39% on July 8. Up to publication, it rose 5.56% today. The market value of the three trading days evaporated by HK$4.4 billion, leaving a total market value of HK$1 billion at present.
Boxin shares announced on July 9 that relevant personnel of public security organs served documents such as Luo Jings and Jiang Shaoyangs detention certificates to the company on the morning of July 5, 2019, and informed the companys actual controller and chairman, Ms. Luo Jing, and the director and financial director, Mr. Jiang Shaoyang, about their criminal detention on the spot, without informing the specific cause of the case.
Stockholder Response: I dont believe in punctuation.
Sister just speculated in stocks: Why not forcibly suspend the malicious speculation in stocks?
Qianze Capital: Why did the detention take more than 10 days before the announcement was issued? The lawyer sued the listed company for me.
Chairman arrested: Zhang Pengqi
Mine Explosion Company: * ST Pengqi (600614.SH)
Number of shareholders: 809,000
Reasons for arrest: On the evening of July 8, the company announced that Zhang Peng was detained by Lishui Public Security Bureau on suspicion of insider trading and leaking insider information.
Mine exploding situation: After opening today, * ST Pengqi dropped to a halt, which is * ST Pengqi dropped to a halt for two consecutive trading days, and the market value of two trading days evaporated 400 million yuan.
Fths1t: Its not a thing. Its a tragedy for us.
Adornment: The managements misdeeds regard retail investors as grass mustard. They should not only be prosecuted criminally, but also compensate for the losses of our retail investors.
Sunny 168 days: No tears if you want to cry.
Traceless Past: Waiting for the day of delisting! Its hopeless!
Recent progress: Controller occupies 140 million yuan of company funds
It is worth noting that * ST Pengqis 2018 report shows that the company lost 3.81 billion yuan last year, and the auditing institutions issued audit reports that could not express their opinions on the companys annual report. Since then, the company has fallen and stopped for 19 consecutive trading days.
According to the companys latest announcement, after verification, 4.5 million yuan of other receivables to be verified are actually occupied by the controllers funds; 139 million yuan of prepaid accounts to be verified are occupied by the actual controllers funds.
In addition, Zhang Pengqi and his concerted actors violated the decision-making process and provided guarantees to the outside world. The remaining amount of guarantees violated the rules totaled 209 million yuan.
At present, the company has not received the plan of actual controller Zhang Pengqi and his concerted actors to return the companys funds. After receiving the repayment plan, the company will fulfill the obligation of information disclosure in time.
Chairman arrested: Huang Zuoqing
Mine Explosion Company: ST Tianbao (002220.SZ)
Number of shareholders: 231,000
Resume: Huang Zuoqing, male, 53 years old, bachelors degree, senior engineer, current chairman of ST Tianbao and trade director of Peking University, Japan.
Cause of arrest: Dalian Public Security Bureau economic investigation detention detention for suspected false invoice crime compulsory measures.
ST Tianbao announced on the evening of July 4 that Huang Zuoqing, chairman of the company, and Sun Shuling, chief financial officer, were detained by the economic investigation detachment team of the Dalian Public Security Bureau on suspicion of false invoicing. The next two trading days, ST Tianbao continued to fall, and todays stock price dropped again. The market value of the company evaporated 180 million yuan in three trading days, and the total market value of the company is 1.13 billion yuan at present.
Entering the Sacred by Everyone: Down, Drop-out, Unable to Open
Days, months, seasons, and years: Listed companies have come to the courage to falsely invoice to increase profits, and this performance is fraudulent.
Zhang Tianshi jblhf3: Chinese shareholders can be said to be alarmed step by step!
Chasing AAAAAAAAA: Stay away from junk stocks or you will lose your money.