Add pledge after inquiry of share transfer high proportion pledge of selected layers

category:Finance
 Add pledge after inquiry of share transfer high proportion pledge of selected layers


The reporter found that from March 2018 to August 2019, seven pledges took place in Saibo (Hong Kong), the controlling shareholder of blue mountain technology, with the number of single Pledged Shares ranging from 15 million to 50 million, and the total number of Pledged Shares totaled 200 million, accounting for 85.41% of the companys shares.

Meanwhile, Yingtai biologyuff08 833819.OC uff09, Chenyue construction managementuff08 832859.OC uff09The issue of pledge of a shares has also been questioned, and the previous two failed golden years of a sharesuff08 834021.OC uff09The reason for the two withdrawals should be further explained.

Saibo (Hong Kong), the controlling shareholder of blue mountain technology, recently added a pledge of 20 million shares, which also made the proportion of its shares pledged more than 90%.

Lanshan technology was founded in September 2005 and listed on the new third board in June 2014. It is an innovative enterprise. The company is mainly engaged in the research and development, production (outsourcing) and sales of optical transmission and access network communication products. According to the prospectus, the controlling shareholder of the company is Saibo (Hong Kong) Holding Co., Ltd., with a shareholding of about 234 million shares, accounting for 69.20% of the total share capital.

According to the companys announcement on May 15, for the purpose of providing guarantee for the companys financing loans to the bank, Saibo (Hong Kong) pledged 20 million shares, accounting for 5.91% of the companys total share capital, with the pledge period from May 14, 2020 to May 18, 2022.

Although the exercise of all the Pledged Shares may lead to the change of the controlling shareholders or actual controllers of the company, the company has good cash flow, can repay the loan on time, and the Pledged Shares will not be exercised, so the possibility of the change of the controlling shareholders and actual controllers caused by the exercise of the Pledged Shares is very small. Mentioned by the company.

The pledge rate of controlling shareholders increased. Up to now, the shares held by Saibo (Hong Kong) two point three four Among 100 million shares, Two point two Billion shares are pledged, accounting for all shares held 94.02% u3002

Among the enterprises to be selected, Yingtai biology and ChenYue Construction Management Co., Ltd. were also asked about the stock quality.

According to the prospectus, Huabang health, the controlling shareholder of Yingtai bio, directly holds Seven point five Hundred million shares are in the state of pledge, accounting for the total amount of shares controlled by the issuer 92.16% , accounting for the total share capital of the company 66.62% , mainly because Huabang health provides guarantee for the issuers Bank loan financing. In the inquiry of the ball crown cable, the stock transfer refers to whether the company has the situation of holding shares on behalf of others. In the inquiry of Chenyue construction management, the stock transfer requires it to disclose the basic information of the stock pledge of the controlling shareholder Tibet Chenyue.

Materials for the first two IPOs of the selected layer

Before applying for the selection layer, the golden age has twice broken through A shares. In 2015, the company listed the new third board, and its main business involves TV channel coverage service, TV drama distribution business, TV advertising agency service, video shopping and commodity sales business, etc.

In June 2017, the golden years applied for the SME board, and in May 2018, the listing application materials were withdrawn. One year later, in May 2019, the company applied for listing on GEM, but three months later, it withdrew the listing application materials. Why do you withdraw materials twice? In this inquiry, the stock exchange asked the prime time to explain the reasons for withdrawing the IPO application twice, the main problems involved and their standardization, rectification or settlement. The IPO application experience was also inquired about by Airong software (830799. OC). Before applying for the selection layer, it had the experience of IPO on the growth enterprise market. In the inquiry letter, the stock transfer requires the company to explain the brief information of the previous IPO application, the brief information of the on-site inspection, the reasons for the rejection of the IEC, and whether the intermediaries and signatories applying for the public offering and listing at the selective level have changed compared with the previous IPO. Source: editor in charge of the first financial daily: Guo Chenqi, nbj9931

In June 2017, the golden years applied for the SME board, and in May 2018, the listing application materials were withdrawn. One year later, in May 2019, the company applied for listing on GEM, but three months later, it withdrew the listing application materials.

Why do you withdraw materials twice? In this inquiry, the stock exchange asked the prime time to explain the reasons for withdrawing the IPO application twice, the main problems involved and their standardization, rectification or settlement.

The IPO application experience was also inquired about by Airong software (830799. OC). Before applying for the selection layer, it had the experience of IPO on the growth enterprise market.

In the inquiry letter, the stock transfer requires the company to explain the brief information of the previous IPO application, the brief information of the on-site inspection, the reasons for the rejection of the IEC, and whether the intermediaries and signatories applying for the public offering and listing at the selective level have changed compared with the previous IPO.