Chengxing International: Guangzhou Chengxing Non-member Company has not signed relevant contracts with Beijing East

category:Internet
 Chengxing International: Guangzhou Chengxing Non-member Company has not signed relevant contracts with Beijing East


Pengchao journalist Sun Mingwei

Noahs 3.4 billion trample on Lei Chengxing plunged into Rashomon.

Following Noah Wealth and Jingdongs voice, on the evening of July 9, Luo Jings Hong Kong-listed company Chengxing International Holdings (02662.HK) announced that there were media reports that the group had forged a contract with Jingdong. The board clarified that Guangzhou Chengxing was not a member company of the group, and that there was no such relationship between the group and Jingdong. The conclusion of contracts mentioned in media reports.

According to the report mentioned by Chengxing International Holdings, Peng Meis journalist read that Luo Jing reportedly raised 50 million yuan in public through Yunnan International Trust, which is a pledge of accounts payable by Guangzhou Chengxings leading electronics company. The collective fund trust is scheduled to be issued in August last year and lasts for 12 months. In other words, it will expire next month. The leading electronics companies mentioned in the report include Jingdong and Suning.

At present, the specific meaning of Jingdongs statement of forgery contract is unknown, but if Luo Jings original mortgage of accounts receivable from Jingdong is a fiction, then she obviously committed fraud. Thats what the report says.

In fact, on July 9, there was a confrontation between Jingdong and Noahs wealth.

According to Jingdong Group, Guangdong Chengxing Holding Group Co., Ltd. (hereinafter referred to as Chengxing) is a general supplier of Jingdong and has certain business in Jingdong. Without knowing anything about it, Chengxing is suspected of forging contracts with Jingdong and other companies for fraud. In this regard, Jingdong has also reported the case to the local public security organs.

The Chengxing mentioned by Jingdong is related by the market to Chengxing International Holdings (02662. HK), a Hong Kong-listed company owned by businesswoman Luo Jing. Luo Jing is also the actual controller of Boxin Share (600083) of A-share listed company. On July 5, Boxin (600083) announced that Luo Jing, the actual controller and chairman of the company, and Jiang Shaoyang, the director and financial director, were detained by Yangpu Branch of Shanghai Public Security Bureau on June 20 and 25 respectively.

Luo Jings detention triggered a chain reaction. On July 8, Noah Wealth (NYSE: NOAH), a well-known wealth management company, announced that its products issued by Shanghai Goofy Asset Management Company provided supply chain financing for Chengxing International Holding Company, with a total amount of RMB 3.4 billion.

On the evening of July 8, Wang Jingbo, founder and chairman of the board of directors of Noah Wealth, further explained and explained the incident by issuing an internal letter.

Wang Jingbo introduced that the investment targets of core enterprisesfund series are mainly to provide supply chain financing for Chengxing international related parties (hereinafter referred to as Chengxing) on their accounts receivable creditors rights with Beijing Jingdong Century Trading Co., Ltd.

According to industry and Commerce data, Beijing Jingdong Century Trading Co., Ltd. was established in 2007 and its legal representative is Liu Qiangdong.

In response to the connection between Chengxing and Jingdong pointed out by Noah Wealth, Dongfang responded on the morning of July 9 that Chengxing was suspected of forgery and fraud of Jingdongs business contracts.

However, Noah Wealth does not agree with Jingdongs statement. Noah Wealth stakeholders responded that Chengxing International is a supplier of Jingdong. There are a lot of long-term transactions between the two sides. Goffer has initiated judicial proceedings against Chengxing and Jingdong on this supply chain financing, and is actively cooperating with and respecting the results of judicial investigations.

In the statement on the afternoon of July 9, Beijing Dongfang further introduced that Guangdong Chengxing Holding Group Co., Ltd. (hereinafter referred to as Chengxing) is a general supplier of Beijing Dongdong. It has certain business in Beijing Dongfang. Without knowing anything about it, Chengxing suspected of forging contracts with Beijing Dongfang and other companies for fraud. In this regard, Jingdong has also reported the case to the local public security organs.

Jingdong said that during the process of being fraudulent, Shanghai Geoffrey Asset Management Co., Ltd. failed to verify the authenticity of the contract in any way and in Jingdong, which exposed its own major defects in the regulation and risk control. Jingdong has actively cooperated with the police in investigating the case of Geoffrey being fraudulent.

We hope Goffer will face up to his management problems and do a good job in improving his professionalism, instead of trying to shirk responsibility blindly through confusion. Goffers unprovoked action against Jingdong has had a serious impact on its reputation. Jingdong solemnly condemns Goffers act of ignoring the facts and reserves the right to take legal measures against it.

Noah Fortune once again responded to the statement from the eastern side of Beijing, saying, There is only one truth to be believed. It is believed that the relevant judicial organs will find out the truth according to law. It will actively protect the legitimate rights and interests of investors to the greatest extent through civil and criminal procedures, and respect the final ruling of the judicial organs.

As of July 9, Chengxing International fell 26.67% to HK$0.66, and its share price dropped 91.59% in the past 10 days.

Appendix: Voluntary announcement of Chengxing International Holdings Stock Price and Volume Unusual Fluctuations

This announcement is made voluntarily by Chengxing International Holding Co., Ltd. (Our Company).

The board of directors of Chengxing International Holding Co., Ltd. (our company), together with its affiliates, has noticed (i) unusual fluctuations in the companys stock price and turnover; and (i) an online newspaper article published by etnet today (the newspaper article) claims (including package). Including) forgery contract concluded between the Group and Jingdong.

Having made all inquiries concerning the Company in reasonable circumstances, the Board of Directors, on the basis of their knowledge and conviction, confirms that, except for the announcement made by the Company on July 5, 2019, it is not aware of any reason for such fluctuations in stock prices and trading volumes, or of any publication that must be made in order to avoid the false occurrence of the Companys securities. Fake market information or any insider information required to be disclosed under Securities and Futures Ordinance XIVA, Chapter 571 of the Hong Kong Act. The Board of Directors wishes to clarify that Chengxing, Guangzhou, referred to in the newspaper article, is not a member company of the Group and that there is no contract between the Group and Jingdong as contained in the newspaper article.

The shareholders and interested investors of the company should be cautious when buying or selling shares.

Accept the Destiny of the Board of Directors

Chengxing International Holding Co., Ltd.

Executive director

Liu Hui

Hong Kong, 9 July 2019

On the date of this announcement, the board of directors includes Ms. Luo Jing and Ms. Liu Hui, the executive directors, Mr. Lei Jun, Mr. Xiao Jingsheng and Mr. Zheng Yilei.

Source of this article: Peng Mei News Responsible Editor: Qiao Junyi_NBJ11279