This change in equity is an agreement transfer, which still requires Shenzhen Stock Exchange to conduct compliance audits and complete share transfer registration procedures with China Securities Depository and Clearing Corporation Shenzhen Branch.
In the evening of January 13, Hejing Technology (300279.SZ) issued a change of controlling shareholder. Its original controlling shareholder and actual controller Chen Berlin signed with Jingzhou Huihe Equity Investment Partnership (Limited Partnership) “Share Transfer Agreement with Chen Berlin”, Chen Berlin transferred 29.5 million shares of the company he held to Jingzhou Huihe at a price of 239 million yuan, equivalent to about 8.10 yuan per share.
Before the completion of this equity change, after excluding the repurchase, Chen Berlin held 16.95% and Jingzhou Huihe held 10.22%. After the change, Chen Berlin held 10.22%, Jingzhou Huihe held 19%. At the same time, the control of Hejing Technology will also be changed from Chen Beilin to Jingzhou Huihe.
This change in equity is an agreement transfer, which still requires Shenzhen Stock Exchange to conduct compliance audits, and to register for share transfer at China Securities Depository and Clearing Corporation Shenzhen Branch.
It is worth noting that all the shares held by Chen Berlin have been frozen by the judiciary (waiting).
From the perspective of the equity structure, Shenzhen Guodian Merchants Merger and Acquisition Equity Investment Fund Partnership (Limited Partnership) has actual control over Jingzhou Huihe, while Shenzhen Guodian Merchants does not have an actual controller. Therefore, although the national investment invitation has actual control over Jingzhou Huihe, it does not have an actual controller, so Jingzhou Huihe does not have an actual controller.
Jingzhou Huihe was established in March 2018, and it lost 440 million yuan in the year.
Although China Merchants’ investment in 2017 had a net profit loss of 52.518 million yuan, it turned losses into profit in 2018, and its net profit soared to 190 million yuan, corresponding to a revenue of 242 million yuan.
From the closing stock price today, Hejing Technology reported 6.22 yuan, up 4.89%, with a market value of 2.8 billion yuan. The transfer price is a significant premium to today’s trading stock price.
With regard to the purpose of the transaction, Hejing Technology said that on the one hand it is due to personal capital requirements, and on the other hand, it hopes that listed companies will introduce industrial capital and provide support to listed companies in terms of strategy, capital, management, etc., and improve the operating capabilities and Comprehensive Competitiveness.
Source of problem map: pexels