Meijin energy, the actual control behind the United States Jin Group for Shanxi's richest Yao Junliang family. Since September 2019, U.S. Jin Group has made several transfers of its stake in U.S. Jin Energy, complete with $100 million in cash, and the transferees have been established within the first half to three months of the transfer of U.S. Jin Energy, while the partners have no shortage of local state-owned and central-owned enterprise background, according to incomplete statistics from Beijing News.
In contrast to the brocade energy share price carnival, brocade group frequently filed a lawsuit last year, assets were once frozen by a court decision. Mr yao even attempted to transfer control of the american brocade group to state-owned companies, but now he is no longer \"giving way\" as a huge stake has been cashed in, beijing's reporters noted.
Meijin Group is located in Taiyuan, Shanxi Province, is one of the largest coking enterprises in China, the country's largest commodity coke production and marketing enterprises, is mainly energy, urban infrastructure, building materials, metallurgy, power comprehensive utilization of the group holding company, this Shanxi's largest private enterprise was founded by Shanxi coke king Yao giant goods, the actual control is his heir Yao Junliang.
In 2006, the yao family's fortune continued to rise, becoming shanxi's richest man with a billion-dollar fortune in 2018, after the company's backdoor listing. But compared with the expanding business map, it is the Yao family's unshakable control of the United States Jin Group, the United States Jin energy.
In July 2018, Meijin Energy announced that Zao Mining Group intended to implement a strategic stake in Meijin Group by combining a capital increase with a portion of the equity held by its existing shareholders. The company said it could lead to changes in controlling shareholders and actual controllers of listed companies.
The ownership structure shows that Shandong Energy Group holds a 100% stake in Zao Mining Group. Shandong Energy Group is a wholly state-owned company in Shandong Province and the largest provincial management enterprise in Shandong Province, with enterprises ranking among the top 500 in the world for six consecutive years.
On September 18,2019, Meijin Energy announced that its controlling shareholder, Meijin Energy Group Co., had transferred its 100 million shares of the company to Hangzhou Shoucheng Relief Enterprise Management Partnership (limited partnership), with the underlying share transfer price of RMB per share and the total transfer price of RMB 100 million.
Meijin group said the transfer of shares according to its own business development needs, conducive to further optimize the ownership structure of listed companies, continue to promote the long-term stable development of listed companies.
On September 20,2019, Meijin Energy re-announced that it transferred its 300 million shares of the company (% of the total share capital of the listed company) to the Shanxi Jinmei bail-out equity investment partnership (limited partnership), with a target share transfer price of RMB yuan and a total transfer price of RMB 100 million yuan.
According to the December 9,2019 announcement, the company transferred its 100 million-share stake in the company (% of the total share capital of the listed company) to Wuhu Xinmei Relief Investment Partnership (limited partnership)(hereinafter referred to as \"Wuhu Xinmei \"). The transfer price of the underlying stock is RMB per share, and the total transfer price is RMB 100 million.
Meijin Group's last recent transfer of its energy stake is December 16,2019. Meijin energy announced that the company will own 100 million shares of listed companies (5% of the total share capital of listed companies) to the fuzhou economic and technological development zone sheng qianchuangying equity investment partnership (limited partnership)(hereinafter referred to as \"sheng qianchuangying \"). The transfer price of the underlying stock per share is RMB, and the total transfer price is RMB 100 million.
After the transfer of part of the stake, the group's stake in U.S. energy has now fallen sharply to% from its previous%. However, the huge amount of cash available means that yao junliang and mei brocade group's capital situation is greatly improved, and its control over listed companies has been consolidated instead.
On January 2 this year, Meijin Energy announced that in view of the big changes in the stock market situation, Meijin Group and Zao Mining Group through consultation, no longer on the United States Jin Group as a whole asset restructuring. There is no possibility of change of controlling shareholder or actual controller.
A shenzhen-listed company analyst told beijing news that the stock market's unilateral downwards in 2018 brought unprecedented liquidity pressure to the listed company's real controllers. Some small listed companies'real controllers opt for a one-time transfer of control and a one-time exit. But for large listed companies, the founder's willingness to transfer is relatively low, the transfer price is much higher, and involves local tax, employment, local financial institutions and other aspects of the interests, very difficult.
Most of them are state-owned or financial institutions, and risk appetite is relatively low, he said. This time the batch transfer,\" small step forward \", perhaps more in the interests of the parties.
In August 2018, Beijing News has reported that the United States Jin Energy Group has recently been listed as the executor, the enforcement court is the higher people's Court of Gansu Province, the filing time is August 3, case number (2018) Gan Jihui Hui 6, the subject of execution (Yuan).
At that time, the Beijing News reporter called the United States Jin Energy Securities Department and the United States Jin Group Office, the other side said they were not aware of the situation. American brocade group legal staff told xinjing newspaper that the case has been settled, the two sides, it refused to disclose the case.
According to the Civil Order No.747 of the Intermediate People's Court of Taiyuan City in September 2019(2019), after the application of the Qingxu Branch of the applicant's China Construction Bank, the court ruled to seize, seize and freeze the property of the applicant Meijin Energy Group Co., Ltd., Songming Zhongji Guanta Real Estate Development Co., Ltd., Songming Zhongji Gaojun Real Estate Development Co., Ltd., Shanxi Tianxing Coal Chemical Co., Ltd., Shanxi Xinfei Energy Investment Group Co., Ltd., Bank Deposit Yuan or corresponding value.
Taiyuan Intermediate People's Court in November 2019(2019) Jin 01 Zhihuihui 94 one of the execution of the order shows that the application for the execution of Hao Yongzhong and the executor of the United States Jin Energy Group Co., Ltd. contract dispute case, Shanxi Provincial High People's Court (2015) Jin Minying word 188 judgment has legal effect, after the application for execution of the application Hao Yongzhong, the court filed a case for enforcement according to law. In the course of execution, the executor Meijin Energy Group Co., Ltd. has taken the initiative to fulfill the principal and most of the liquidated damages, the remaining yuan has not been fulfilled.
The above order shows that Hao Yongzhong has the obligation to issue ten thousand yuan invoice to Meijin Energy Group Co., Ltd., because of the civil judgment of Shanxi Qingxu County people's Court (2016) Jin0121 early Republic of China 1540, Hao Yongzhong has failed to fulfill, and the Qingxu County people's Court is executing it. On the execution of the remaining yuan in the case, upon inquiry, Hao Yongzhong agreed to leave it for handling the issue of billing and compensation for Meijin Energy Group Co., Ltd. The court therefore ruled to suspend the execution of judgment No.188 of the Shanxi Provincial Higher People's Court (2015); the applicant may apply to the Court for reinstatement of execution after the circumstances of the suspension have disappeared.
In July 2018, Meijin Energy announced that the number of shares in the company still held by Meijin Group was 3147096965, or% of the total number of shares held by the company and% of the total share capital of the company.
And as of August 5,2019, the number of shares in the company still held in pledge was 100 million shares, or% of the total number of shares held by the company and% of the total share capital of the company.
According to Beijing News, since 2017, especially since 2018, Meijin Group's listed company Meijin Energy has frequently coded layout of hydrogen energy industry, and has successively reached cooperation with local governments in Qingdao, Jiaxing and other places to invest in the construction of Qingdao Meijin Hydrogen Town in the new area on the west coast of Qingdao to build Jiaxing hydrogen energy infrastructure construction and hydrogen fuel car demonstration operation platform.
The latest positive was released on January 3,2020. Meijin Energy announced that the holding subsidiary Flying Motor won another 43 meters of hydrogen fuel cell buses, with a total bid of 10,000 yuan.
A lot of energy investment can be called big money. Such as June 2019, Meijin energy announcement, investment in the construction of Qingdao Meijin hydrogen town. The total industrial land in the small town of hydrogen energy is about 2000 mu, with a total investment of 10 billion yuan (not yet invested, the specific investment is determined according to the formal agreement reached in the follow-up).
According to the Beijing News reporter at the time, in the last six months, the United States Jin energy disclosure involved hydrogen energy business framework agreement amounted to more than 20 billion yuan, compared with the United States Jin energy currency fund of 100 million yuan as of December 31,2018.
In response, the Shenzhen Stock Exchange issued a note requesting the company to combine its current monetary funds, investment and operational requirements for the coming year, the estimated amount of recent investments and the way in which it has invested, to indicate whether the listed company has the corresponding ability to pay for the investment funds.
In the favorable context of the concept of hydrogen energy, U.S. Jin energy became a super-major stock in the capital market last year, and its stock price was estimated to have soared from $3 to more than $21 last year, and is still above $9.
The company is committed to innovation and transformation on the basis of tamping the main industry, the layout of hydrogen energy production, fuel cell independent production, hydrogenation station network construction, vehicle manufacturing and other industry chain, continue to create new growth points for the company. Combined with the company's main coking business upgrade to bring steady growth in performance, as well as hydrogen fuel car manufacturing and natural gas plate production gradually release profitability, the company is expected to 2019-2021 EPS of \/\/ yuan, corresponding to \/\/ times, buy rating.
Through equity penetration, the general partners of Shanxi Jinmei Relief Equity Investment Partnership (Limited Partnership)(hereinafter referred to as \"Shanxi Jinmei \") are Shenzhen Jinyang Equity Investment Management Co., Ltd., Shanxi Guo Investment Fund Management Co., Ltd., and the limited partners are Jinyang Asset Management Co., Ltd., Shanxi Guoyao Equity Investment Partnership (Limited Partnership) and Guangdong Hongyun High-Tech Investment Co., Ltd. Among them, Shenzhen Jinyang Equity Investment Management Co. Ltd. is an executive partner.
Among the partners of Shanxi Jinmei, Shenzhen Jinyang Equity Investment Management Co., Ltd, founded in 2018, is a wholly owned subsidiary of Jinyang Asset Management Co., Ltd (hereinafter referred to as \"Jinyang assets \").
Beijing News found that the Shanghai Stock Exchange announced in November last year that it agreed to Jinyang Asset Management Co.'s 2019 non-public issuance of bail-out special company bonds (Phase I) to be listed on the Shanghai Stock Exchange from December 2,2019, with quotations, inquiries and deal-making. The bond securities are referred to as \"19 Jin Shu 01\" and the securities code is \"162251\".
According to the company news released by Sino-German Securities in December 2019 about the successful issuance of \"19 Jin Shu 01\", Jinyang assets was founded in March 2017 and is a local asset management company established with the approval of the Shanxi Provincial people's Government and approved by the China Banking Regulatory Commission.
China and Germany Securities News showed that \"19 Jin Shu 01\" is the first special company debt to be bailed out in Shanxi Province, raising funds mainly to invest in rescue funds to support the financing of listed companies and their shareholders, and to ease liquidity pressure on listed companies and their shareholders.
Shanxi jinmei partner shanxi national investment fund management co., ltd (\" shanxi national investment fund \") as another partner shanxi guoyao equity investment partnership (limited partnership)(hereinafter referred to as \"shanxi guoyao \") one of the sponsors.
Listed company Pubang shares announced in late July 2019, its wholly-owned subsidiary Shenzhen Qianhai Pubang Investment Management Co., Ltd.(hereinafter referred to as \"Qianhai Pubang \") with Shanxi National Investment Fund, Ningbo Free Trade Zone Sanjin National Investment Fund Partnership (limited partnership), Shanxi Guoyao New Energy Group Co., Ltd.(hereinafter referred to as\" Guoyao Group \") jointly launched the equity investment fund Shanxi Yao, Shanxi National Investment Fund as the manager, the size of the fund is 100 million yuan.
In addition to the listed companies, shanxi guoyao's other partners, shanxi national investment fund, sanjin state investment, guoyao group's actual control is shanxi state-owned capital investment operations co., ltd., the latter is wholly owned by shanxi sASAC.
Yao Junliang is Shanxi's richest man and has one of the biggest private companies in the country, a person familiar with the company told Beijing News. It's no surprise to have the support of various financial resources such as state-owned institutions in this relatively closed region of Shanxi.
Wuhu Xinmei was founded on November 5,2019, the general partner is Xinfeng Investment Management Co., Ltd., the limited partner is Cinda Securities Co., Ltd.(on behalf of \"Cinda Securities No.1 FOF Single Asset Management Plan in support of Private Enterprise Development Series \"), and the limited partner Beijing Yingyun Investment Development Co., Ltd., among them Xinfeng Investment Management Co., Ltd. is the executive partner.
Wuhu xinmei said in the equity change report that the equity change is its optimistic about the future development of listed companies and the value of investment, based on the purpose of relief to resolve the liquidity risk of large shareholders of listed companies equity investment.
Among the partners of Wuhu Xinmei, Xinfeng Investment Management Co., Ltd. is a wholly owned subsidiary of Cinda Securities Co., Ltd.(hereinafter referred to as \"Cinda Securities \"), and the controlling shareholder of Cinda Securities is China Cinda Asset Management Co., Ltd.
For the first time, to support the development of private enterprises and defuse the risk of equity pledge,11 securities companies have agreed to contribute 21 billion yuan to set up a parent capital management plan, which will guide the various securities companies to set up a number of sub-capital management plans to attract investment from banks, insurance, state-owned enterprises and government platforms to form a total capital management plan of 100 billion yuan, according to the official website of China Securities Association in November 2018.
Cinda Securities Department completed the agreement to support the private sector's development series asset management plan by October 31,2019, according to the China Securities Industry Association announcement.
Another partner of Wuhu Xinmei, Beijing Yingyun Investment Development Co., Ltd.(hereinafter referred to as \"Yingyun Investment \"), industrial and commercial information shows that it was founded in 2008, with a registered capital of 100 million yuan, and its business scope includes project investment, investment management, enterprise management consulting and so on. Yingyun investment after equity penetration by two natural persons liu jianjun, zhao zhongwei.
According to the announcement, Sheng Qianchuangying was founded in September 2019, the general partner is Beijing Guobing Shengqian Investment Management Co., Ltd., Beijing Huaying Tianchuang Investment Management Co., Ltd., the limited partner is Air China Trust Co., Ltd.(on behalf of \"Air China Trust? Privately enjoy the No.40 pooled fund trust plan), Fujian Hercynian Shengqian Investment Management Co., Ltd. Beijing guobing shengqian investment management co., ltd. is an executive partner.
Among the partners of Sheng Qian Chuang Ying, Fujian Haixi Sheng Qian Investment Management Co., Ltd.(hereinafter referred to as \"Hercynian Sheng Qian \") was founded in 2014 with a registered capital of 10 million yuan, which is held by five natural persons such as Cheng Yi.
Another partner, beijing huaying tianchuang investment management co., ltd., is indirectly wholly owned by the trade union committee of minsheng bank of china through minsheng property co., ltd.(\" minsheng property \"). According to Minsheng's official website, its annual operating income in 2017 is 100 million yuan, and its total assets at the end of the year are 100 million yuan.
Another partner of Sheng Qian Chuang Ying, Beijing Guobing Sheng Qian Investment Management Co., Ltd.(hereinafter referred to as \"Guobing Sheng Qian \"), was founded in 2015 with a registered capital of 10 million yuan, and its business scope is investment management, asset management and so on. The above-mentioned Hercyn and Minsheng property are shareholders. The other three shareholders are Beijing Shunxin Zhiyuan Capital Management Co., Ltd., Tongtie Investment Management (Pingtan Comprehensive Experimental Area) Co., Ltd. and Zhongbing Equity Investment Fund Management (Beijing) Co., Ltd.
Zhongbing Equity Investment Fund Management (Beijing) Co., Ltd. is controlled by the State-owned Assets Supervision and Administration Commission of the State Council through China Armament Industry Group Co., Ltd. and the Beijing Shunxin Zhiyuan Capital Management Co., Ltd. is indirectly wholly owned by the State-owned Assets Supervision and Administration Commission of the Shunyi District People's Government of Beijing.
In addition, copper iron investment management (Pingtan comprehensive experimental area) limited liability company by two natural persons Cheng Yi and Cheng Xiaodan. The company was founded in 2015, with a registered capital of 3 million yuan, operating scope for investment management and so on.
The last partner of Sheng Qianchuangying, Air China Trust Co., Ltd.(hereinafter referred to as \"Air China Trust \"), is a non-bank financial institution established with the approval of the China Banking Regulatory Commission. In 2018, Air China Trust ranked third in the country's 68 trust companies with 100 million yuan in trust business revenue.
The introduction of a number of state-owned enterprises and even the background of institutions, showing Yao Junliang in the capital market abundant resources. However, xinjing reporter found that in the process of the transfer of equity, yao junliang or mi brocade group and the receiver has multiple links.
Beijing News reporter found that according to the June 2013 announcement of the United States Jin Energy, Hangzhou Shoucheng limited partner Shanxi Huaneng non-financing guarantee Co., Ltd.(formerly known as \"Shanxi Huaneng guarantee Co., Ltd.,\" renamed in November 2014) is controlled by the United States Jin Energy associated natural person.
Shanxi Huaneng Non-Financing Guarantee Co., Ltd. was founded in 2005, with shareholders Zhu Huimin and Sun Xia as two natural persons before September 2019, according to industrial and commercial information. Reporters in the United States Jin Energy 2005-2014 annual report search \"Zhu Huimin\" and \"Sun Xia\" hope to understand the specific relationship between Shanxi Huaneng non-financing guarantee Co., Ltd. and the United States Jin Energy, did not obtain results.
The xinjing news reporter noted that shanxi jinmei's last partner, guangdong hongyun high-tech investment co., ltd.(\" guangdong hongyun \"), according to industrial and commercial information is a wholly owned subsidiary of foshan auto transport group, is said to be the largest comprehensive road transport enterprise in foshan.
Hongyun Guangdong is also linked to Meijin Energy, both of which are shareholders of Foshan Flying Motor Manufacturing Co Ltd (\" Flying Motor \"), which owns a% stake and Hongyun Guangdong shares a%.
According to the announcement on January 6, Speed Motor intends to carry out a financial leasing business with Guangdong Yoda Financial Leasing Co., Ltd. in the amount of RMB 30 million for a period of three years.