Anning shares regards Laolai as a clients transfer of hundreds of millions of yuan or no real transaction background

category:Finance
 Anning shares regards Laolai as a clients transfer of hundreds of millions of yuan or no real transaction background


On May 29, 2019, Panzhihua City established the National Technical Committee for the standardization of the comprehensive utilization of vanadium titanium magnetite, which filled in the blank of the standard system in the field of the comprehensive utilization of vanadium titanium magnetite in China. Sichuan Anning Titanium Co., Ltd. (hereinafter referred to as Anning Co., Ltd.) is located in the capital of vanadium and titanium.

In recent years, the performance of Anning stock has a negative growth, not only regarding Laolai as a customer, with high risk of bad debts, but also its top five transportation service providers, more than half of the social security population is 0, in addition, the 0 supplier shares a mailbox with 16 enterprises, and the authenticity of the purchasing data of Anning stock is questionable. To make matters worse, Anning shares transferred hundreds of millions of yuan through related parties, or there was no real transaction background.

1u3001 Take Laolai as a customer, high risk of bad debts

Relying on the national demonstration base of comprehensive utilization of mineral resources, Anning Co., Ltd. is one of the top 50 metallurgical and mining enterprises in China. But in recent years, the performance of Anning stock is not satisfactory.

During the same period, the net profits of Anning shares were respectively 153 million yuan, 67 million yuan, 122 million yuan, 550 million yuan and 490 million yuan. From 2015 to 2018, the net profits of Anning shares increased by - 56.45%, 83.02%, 352.17% and - 10.95% year on year respectively.

In addition to the rapid turnaround of performance growth, Anning shares dependence on the top five customers is also high.

From 2015 to 2018, the sales contributed by the top five customers of Anning shares were RMB 626 million, RMB 582 million, RMB 970 million and RMB 910 million respectively, accounting for 85.86%, 82.09%, 75.52% and 74.21% of the main business income respectively.

From 2017 to 2018, Chengdu Chongqing vanadium and Titanium Technology Co., Ltd. (hereinafter referred to as Chengdu Chongqing vanadium and titanium) was the fifth and third largest customers of Anning Co., Ltd., with sales amount of 109.6149 million yuan and 163.3236 million yuan respectively, accounting for 8.53% and 13.32% of main business income respectively.

However, there are many hidden dangers behind the increasingly close cooperation. As early as 2015, Chengdu Chongqing vanadium titanium industry has become a Laolai.

According to (2015) xfzz No. 00199 document, on June 30, 2015, due to the violation of the property reporting system and other ability to perform, Chengdu yuvanadium titanium refused to perform the obligations determined in the effective legal documents, and was listed as the dishonest executor by the peoples Court of Xichuan County.

As a major client of Anning stock, Chengdu Chongqing vanadium titanium has 18 records of dishonesty, which has become a senior veteran, or will make the risk of bad debts of Anning stock high, and the problem of Anning stock is far more than that.

2u3001 0 person supplier shares mailbox with multiple 0 person companies, or it is made by financial company

In addition to Laolai as a customer, the risk of bad debts is high. The top five transportation service providers of Anning shares, more than half of the social security personnel are 0, and the authenticity of procurement data is questionable.

In 2018, Jian Hexie Railway Logistics Co., Ltd. (hereinafter referred to as Jian Hexie) is the largest transportation service provider of Anning Co., Ltd., with a purchase amount of 37.3028 million yuan, accounting for 27.28% of the total transportation service.

According to the data of market supervision and Administration Bureau, in 2016-2018, the number of social security payers of Jian harmony was 0.

From 2016 to 2018, Mie Pengxin automobile combined transportation team (hereinafter referred to as Mie Pengxin) is one of the top five transportation service providers of Anning stock, with purchase amount of 10.3761 million yuan, 11.0724 million yuan and 16.1156 million yuan, accounting for 9.53%, 7.16% and 11.78% of the total transportation service respectively.

According to the data of the market supervision and Administration Bureau, from 2016 to 2018, the number of social security payers of Miyi Pengxin was 0, 10 and 0 respectively.

In 2018, Panzhihua Intermodal Logistics Co., Ltd. (hereinafter referred to as Panzhihua intermodal) is the fourth largest transportation service provider of Anning Co., Ltd., with a purchase amount of 12.2136 million yuan, accounting for 8.93% of the total transportation service.

According to the data of market supervision administration, the number of social security payers of Panzhihua intermodal transportation from 2016 to 2018 was 0.

In addition, two related parties of Anning Co., Ltd. also appear in its top five transportation service providers, and are all 0 person companies.

According to the prospectus, Miyi Hongkun Logistics Service Center (hereinafter referred to as Miyi Hongkun) and Miyi County Hengyuan Logistics Co., Ltd. (hereinafter referred to as Miyi Hengyuan) are both enterprises controlled by Luo Yangmei, the sister of Luo Yangyong, the actual controller of Anning shares.

From 2015 to 2017, Miyi Hongkun was one of the top five transportation service providers of Anning stock, with purchase amount of 36.4672 million yuan, 32.2757 million yuan and 22.2358 million yuan, respectively, accounting for 29.73%, 29.73% and 14.38% of the total transportation service in the same period.

From 2015 to 2016, Miyi Hengyuan was the top five transportation service providers of Anning stock, with purchase amount of RMB 1079600 and 90000 respectively, accounting for 0.88% and 0.08% of the total transportation service.

According to the public information of the market supervision and Administration Bureau, Miyi Hongkun was cancelled on September 26, 2019, and Miyi Hengyuan was cancelled on September 30, 2019. They used to share an e-mail, and in 2016-2018, their social security contributions were 0.

Coincidentally, two of Annings top five transportation service providers also share an email address, namely Panzhihua Zhonghan Logistics Co., Ltd. (hereinafter referred to as Zhonghan logistics) and Miyi Yunchuan earthwork engineering Co., Ltd. (hereinafter referred to as Miyi Yunchuan).

From 2015 to 2016, sinohan logistics was the fourth and fifth largest supplier of transportation services of Anning stock, with purchase amount of 6.2915 million yuan and 4.7281 million yuan, accounting for 5.13% and 4.34% of total transportation services respectively.

Zhonghan logistics has become a Laolai. According to (2018) Document No. 29 held by chuan0411 and (2018) Document No. 30 held by chuan0411, on January 3, 2018, Zhonghan logistics was listed as the executor of dishonesty by Renhe District Peoples Court of Panzhihua City due to other evasion of execution.

According to the public information of the market supervision administration, in 2016, the number of social security payers of Zhonghan logistics was 0.

In 2017, Miyi Yunchuan was the fourth largest transportation service provider of Anning stock, with a purchase amount of 18.5581 million yuan, accounting for 12% of the total transportation service purchase.

According to the public information of the market supervision administration, Miyi Yunchuan was founded on June 28, 2017. From 2017 to 2018, the number of social security payers is 0.

Curiously, Miyi Yunchuan and sinohan logistics share the same email [email protected] Whats more, there are also 16 enterprises sharing this email.

According to the data of market supervision and Administration Bureau, Panzhihua Yusheng Logistics Co., Ltd., Panzhihua Henghua Logistics Co., Ltd., Yanbian Longsheng commerce Co., Ltd., Yanbian Yugang breeding family farm, Miyi Xingchen Logistics Co., Ltd., Yanbian Xinjiu copper factory automobile transportation Co., Ltd., Yanbian Hengyi industry and Trade Co., Ltd., Yanbian Xinhong Transportation Co., Ltd Ren company, Yanbian Feida Trading Co., Ltd., Panzhihua Haowang Trading Co., Ltd., Yanbian Taiheng Hongfeng Industry and Trade Co., Ltd., Yanbian Jinsong industry and Trade Co., Ltd., Miyi Qinghong Engineering Machinery Leasing Co., Ltd., Panzhihua Jujin industry and Trade Co., Ltd., Miyi Qinghong Engineering Machinery Leasing Co., Ltd., Miyi Yunfeng Engineering Machinery Leasing Co., Ltd , the email address of all 16 companies is [email protected] In 2018, the number of social security personnel of all the above 16 companies is 0.

Zhonghan logistics and Miyi Yunchuan, with a total purchase amount of 10 million yuan, once ranked among the top five transportation service providers of Anning Co., Ltd. Whats striking is that the two companies are not only 0 people companies, but also share a mailbox with 16 nobody companies. Is there another secret? Is the enterprise sharing the mailbox with Zhonghan logistics and Miyi Yunchuan a walk account company? At the same time, Anning holding another hot potato, has not yet been resolved.

3u3001 Transfer over 100 million yuan through related parties, or no real transaction background

Refinancing has always been the focus of attention of all parties, while the refinancing of Anning shares or no real transaction background.

From January to July 2016, Anning shares obtained working capital through the loan of related parties, which was used to pay the suppliers for energy, power, transportation and other procurement funds.

From January to July 2016, Anning Co., Ltd. obtained the loan amount of 26 million yuan through Miyi County promotion industry and Trade Co., Ltd. (hereinafter referred to as promotion labor service), 20.4 million yuan through Sichuan Xikang Health Management Co., Ltd. (hereinafter referred to as Xikang health), and 6 million yuan through Chengdu yixinyuan Trade Co., Ltd. (hereinafter referred to as yixinyuan trade), 6.9 million yuan; 8.5 million yuan from Miyi Hongkun; 12 million yuan from Miyi Ruide Engineering Machinery Leasing Co., Ltd. (hereinafter referred to as Ruide Engineering).

In 2016, other accounts payable of Anning shares to Xikang health was RMB 404100, and other accounts payable to promote labor service was RMB 74600; in the same period, accounts payable of Anning shares to Miyi Hongkun was RMB 5111800, and accounts payable to Ruide engineering was RMB 242200.

According to the prospectus, promoting labor service and Xikang health is an enterprise controlled by Luo Yangyong, the actual controller of Anning shares, which is not engaged in any business. According to the data of the market supervision and Administration Bureau, in 2016-2017, the promotion of labor service and Xikang health were closed. In 2018, they were closed. In 2016-2018, the number of social security personnel in both was 0.

Rather, yixinyuan business is a company directly controlled by Cheng Huiying, the mother of Luo Yangyong, the actual controller of Anning shares, and also an enterprise invested and held by Yan Mingqing, the director and financial director of Anning shares. In 2018, yixinyuan business was in a liquidation state and was sold on July 16, 2019. In 2016-2018, the social security number of yixinyuan business was 0.

Ruide engineering was closed for a long time. From 2014 to 2017, Ruide engineering was closed for business and was closed in 2018. From 2016 to 2018, the number of social security payers of Ruide project is 0.

Therefore, the transfer of Anning shares may not have a real background.

In recent years, Anning shares has cooperated with Laolai and the risk of bad debts is high. In this listing, the 0-person supplier and loan transfer problem may become an unavoidable obstacle for Anning shares. In this regard, the Shanghai and Shenzhen capital group of jinzhengyan will continue to pay attention to it.

Source: Jin Zhengyan, editor in charge: Liu Song, nbj9949