30 billion to buy trademarks and donate 500 tons of gold for the country clarified

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 30 billion to buy trademarks and donate 500 tons of gold for the country clarified


Recently, an enterprise named China Yuntong (Group) Co., Ltd. (hereinafter referred to as Yuntong group) released a notice on its official website.

According to the announcement, on May 30, 2020, the company purchased all the Yuntong trademark intellectual property rights held by the US orohai group company with us $4.37 billion. According to the current exchange rate, the purchase price is up to 31.08 billion yuan.

At the same time, the board of directors of the company decided to acquire the series logos and all intellectual property rights of Yuntong brand held by other enterprises, such as the United States, the European Union, Japan, South Korea, etc.

As an American company, there are only Yuntong related Chinese trademarks under its name, which is really imaginative.

According to the official website of Yuntong group, in 2019, Yuntong group purchased the sixth category trademark of Yuntong held by the US enterprise for $234 million.

Who is the sacred buyer? According to Tianyan, Yuntong group is a private enterprise registered in Hong Kong, China. According to its official website, the company is Yunnan Yuntong brand head office, which was officially established in Hong Kong in January 2009 with a registered capital of HKD 404 million. There is no information about the companys senior management team on the official website. In the column of products and services, only the market of Yuntong metal products is displayed, and its main business and products are not introduced.

Yunnan Copper lying gun

Announcement: Tiefeng has been listed so far

On June 1, Yunnan Copper issued a clarification announcement that its controlling shareholders Yunnan Copper (Group) Co., Ltd., Yunnan Copper Co., Ltd. and its subsidiary Yunnan Copper Hong Kong Co., Ltd. had no legal or factual relationship with China Yunnan Copper Group Co., Ltd. and China Yunnan Copper Co., Ltd. The registered trademark of Yunnan copper industry is Tiefeng. Yunnan copper has only one subsidiary in Hong Kong, which is Yunnan Copper Hong Kong Co., Ltd. neither Yunnan Copper nor its subsidiary Yunnan Copper Hong Kong Co., Ltd. is listed in Hong Kong. In addition, Yunnan Copper (Group) Co., Ltd., the controlling shareholder, has not purchased any trademark since 2019.

Then Yuntong group issued a statement for Yunnan copper industry, saying that it has no investment and investee relationship with aolohai, and has withdrawn from China Yuntong Co., Ltd. in December 2019,

Yuntong group also said that the Clarification Announcement of Yunnan Copper Co., Ltd. on media reports was untrue and it would launch legal action against Yunnan Copper Co., Ltd..

On the afternoon of June 2, Han Jingen, Secretary of Yunnan copper industry, told Hongxing capital Bureau:

Yunnan Copper Group and Yunnan copper have no assets and legal relationship. The parent company of Yunnan copper industry was established in 1996. The company was listed in 1998. The registered trademark name Tiefeng was used. It has been used since before it was listed. Our products have never used the trademark Yuntong

Yuntong group performance continues

We need to donate 500 tons of gold and invest 100 billion yuan for free

On the afternoon of June 2, Yunnan Copper Group issued a notice again, aiming at Yunnan copper, saying that the clarification notice issued by Yunnan copper is inconsistent with the facts and contents, and that it will donate 500 tons of gold to support Chinas national construction, and decide to invest no less than 100 billion yuan to restore the natural environment damaged by the mining industry in Yunnan.

What is the concept of 500 tons of gold? This figure has reached 504.8 tons of gold reserves of the European Central Bank.

(function(){( window.slotbydup=window .slotbydup||[]).push({id:u6056789,container:ssp_ 6056789, async:true }Does Yuntong group have so much gold? Cant help but make people question mark. As for Yuntong groups claim of free investment of 100 billion yuan, red star capital Bureau found that in 2019, the companys operating revenue was only HK $138 million, and the net profit attributable to the parent company was HK $323 million, which has been in deficit for many years. Can such an enterprise with many years of losses come up with 100 billion yuan? After the Red Star capital Bureau contacted the China copper and copper group (Ltd.), Yunnan Copper Technology Center, the relevant staff told reporters that the specific circumstances of the incident were not convenient to answer, and the company will release relevant information on the official website and official account of WeChat. China Yuntong claims that donating 500 tons of gold is equivalent to 1 / 4 of the central banks gold reserves. Source: Red Star News Editor: Luo Chongwei_ NB12082

As for Yuntong groups claim of free investment of 100 billion yuan, red star capital Bureau found through the annual report of Yuntong,

In 2019, the companys operating revenue was only HK $138 million, and its net profit attributable to the parent company was HK $323 million, which has been in deficit for many years.