[ad_1]
Securities Times reporter Tang Qiang
On the evening of September 20, Shede Wines (600702) announced that the company will be subject to further risk warnings as of September 22 and that the stock abbreviation will be changed to “ST Shede”.
According to the above announcement, the indirect controlling shareholder Tianyang Group and related parties of Xide Liquor Industry originally promised to return nearly 500 million yuan in arrears and corresponding capital occupancy fees to the publicly traded company by September 19, but the term has expired and the capital occupation party has breached the contract.
In response to the above situation, a relevant person in Xide’s wine industry told the company reporter Securities Times · e that the board of directors will urge SkyOcean Group as soon as possible to offset the funds of the listed company and the interests occupied by SkyOcean Group and its related parties through practical methods such as capital transfer. . For publicly traded companies, current day-to-day operations are all normal and the aforementioned matters will not have a substantial impact on established work; At the same time, as the Mid-Autumn Festival and National Day approach, the marketing team of the alcoholic beverage industry is actively preparing for battle.
SkyOcean’s capital is frozen
A reporter from Securities Times · e Company noted that the meeting of the willing alcoholic beverage industry was mainly due to the capital seizure of the indirect controlling shareholders of the listed company, which implies a total of 475 million yuan.
A month ago (August 20), Shede Wines revealed that after self-inspection and confirmation from ShineWing’s certified public accountants, as of August 19, 2020, SkyOcean Group and its related parties were non-operating funds. It occupies 440 million yuan of capital and 34.86 million yuan of interest, for a total of 475 million yuan.
After Shede Liquor Industry’s self-inspection, in 2019, its wholly owned subsidiary Sichuan Tuopai Shede Marketing Co., Ltd. (hereinafter Shede Marketing Company), cumulatively paid related party Sichuan Pengxi County Pengshan Liquor Co., Ltd . (hereinafter Pengshan Liquor) Business) non-operating funds of 2.158 billion yuan, and a total of 2.158 billion yuan of non-operating funds from Pengshan Wine Industry have been recovered; As of December 31, 2019, the willing marketing company has paid 100 yuan to Pengshan Wine Industry.
However, during the period from January 1 to August 19, 2020, the willing marketing company paid a total of 1.852 billion yuan for non-operating funds from Pengshan Wine Industry, and recovered a total of 1.377 thousand million yuan of non-operating funds for Pengshan Wine Industry; As of August 2020 On the 19th, Pengshan Wine Industry’s collectible marketing company will was 475 million yuan. Among them, the main one is 440 million yuan and the capital occupancy rate is 34.86 million yuan (the capital occupancy rate is calculated at an annualized rate of 5%). Therefore, the above funds are a non-operational occupation of related parties formed by Tianyang Group and its related parties through Pengshan Wine Industry.
After the self-inspection found capital occupancy, Shede Wines’ board of directors and management contacted Pengshan Wines, Sichuan Tuopai Shede Group Co., Ltd. (hereinafter Tuopai Group) and Tianyang Group to urge them to formulate refunds. practical. Plan to return the occupied funds as soon as possible.
SkyOcean Group and its related parties undertook to return all the aforementioned arrears and corresponding capital occupancy fees to the arranged marketing company through various financing methods including, but not limited to, stocks, asset pledges, etc. , before September 19, 2020.
At the same time, in order to protect the interests of publicly traded companies, Shede Liquor has taken litigation and asset preservation measures against indirect controlling shareholders. Shede Marketing has submitted an application to the Intermediate People’s Court of Suining City, Sichuan Province on August 18 to challenge Sky Ocean Group and its related parties. Take conservation measures for the property. According to the civil ruling, the Suining Intermediate People’s Court ruled that 70% of Tuopai Group’s share capital held by Tianyang Group should be frozen, and the frozen amount is limited to 670 million yuan. The freeze date is from August 18, 2020 to August 17, 2023. day. Since the 70% of Tuopai Group’s share capital held by SkyOcean Group has taken various judicial preservation measures, Shede Liquor Industry may be at risk of changing the actual controller.
ST
On September 19, this was the deadline promised by SkyOcean Group and its related parties to return non-operating capital and interest to the publicly traded company, but the indirect controlling shareholder did not repay the loan as scheduled.
According to the announcement on the evening of September 20, Xide Liquor Industry revealed that as of that day, SkyOcean Holdings and its related parties had not returned non-operating funds occupied by principal and interest before the commitment period, it is that is, on September 19, 2020, for a total of 475 million yuan.
A reporter for the Securities Times and e Company noted that on August 20, the day the wine industry reported that its funds were busy, the Shanghai Stock Exchange hastily issued an inquiry letter. The Shanghai Stock Exchange requires Willing Wines to verify and disclose matters related to the capital occupation of the company’s indirect controlling shareholders and related parties; the specific process of the previous capital occupation, the actual flow of capital occupied, the specific decision makers and related responsible personnel and other matters.
It is understood that Tuopai Group owns 29.91% of the shares of Shede Liquor and is the direct controlling shareholder of the listed companies. More than four years ago, SkyOcean Group had bid for Tuopai Group shares at a price of 23.51 yuan per share, with a total price of 3.822 million yuan, with a premium rate of over 88%. The strategic reorganization of the Tuopai Group is of great importance. The target price for the transaction is an 88% premium over the quoted reserve price and a 213% premium over the appraised value. It also set the record for the highest value added of state enterprise reform in Sichuan province at that time.
After the completion of this capital transfer and capital increase and share expansion, Tianyang Group owns 70% of the shares of Tuopai Group and is the indirect controlling shareholder of Shede Liquor, while the Shehong County People’s Government owns 30% of the shares of Tuopai Group. It is reported that Pengshan Winery was included in the strategic restructuring transfer target for overall assessment and delivery during the restructuring of Tuopai Group in 2016; After the restructuring, all of Pengshan Winery’s business operations were managed by relevant personnel appointed by Tianyang Group. Although the shareholder of Pengshan Liquor is the Shehong County Asset Management and Supervision Office, in accordance with the relevant laws and regulations, Pengshan Liquor and Shede Liquor have formed a related relationship.
It should be noted that the lack of money in SkyOcean Group is mainly due to the real estate business. SkyOcean Group and its related party SkyOcean City Real Estate borrowed 440 million yuan from Shede Marketing Company through Pengshan Liquor, without going through the relevant approval procedures. On September 1, due to alleged violations of information disclosure laws and regulations, the China Securities Regulatory Commission decided to launch an investigation against the controlling and actual controlling shareholder of Shede Wines.
Urge Tianyang to pay as soon as possible.
Faced with the above situation, Xide Liquor said that the board of directors of the publicly traded company urged SkyOcean Group and its related parties to continue raising funds through multiple channels and formulate practical payment plans to reimburse the occupied funds and interest. . It should be noted that the board of directors of Xide Liquor Industry also urged SkyOcean Group and the actual controller to offset the capital and interests of listed companies occupied by SkyOcean Group and its related parties through practical methods such as capital transfer as soon as possible. possible.
In accordance with relevant regulations, after a listed company is subject to other risk warnings, if the special audit report issued by the accounting firm and the independent opinions issued by independent directors show that capital occupancy has been eliminated and the company has no other risk warnings, the company Apply on the Shanghai Stock Exchange to remove other risk warnings on the shares of listed companies.
A related person believes that “The Willing Wine Industry announcement is a warning of non-operational risk, which is different from ST caused by operational risks. As long as the matter is resolved, the ST will be canceled.”
In response to the “ST” meeting, a reporter for the Securities Times · e company learned from people in the spirits industry that the day-to-day operations of publicly traded companies are normal today; At the same time, as the Mid-Autumn Festival and National Day approach, various market activities are in full swing. In the active implementation and “preparation”, this matter will not have any substantial impact on the team and the established work.
According to a Securities Times · e Company reporter, Xide Liquor Industry’s new high-end product “Reluctant” will be released on September 26 and this product will rank as one of the best vintage wines.Return to Sohu to see more
Editor:
Disclaimer: The opinions in this article only represent the author himself. Sohu is an information publishing platform. Sohu only provides storage space services.
[ad_2]