Wu Changjiang’s equity of 1.1 billion yuan Dehao Runda was frozen by the judiciary

Dehao Runda (002005.SZ) announced last night that Wu Changjiang’s 9.31% stake in Dehao Runda has been frozen by the Chongqing Higher People’s Court, involving 130 million shares, waiting for a 24-month freeze period. . According to the closing price of Dehao Runda yesterday at 9.03 yuan/share, Wu Changjiang's frozen stock assets had a market value of 1.174 billion yuan.

Wu Changjiang, the founder of NVC Lighting (02222.HK, hereinafter referred to as "NVC"), has a bad luck this year. In the "NVC storm", he was arrested as the president and executive director of NVC, and was investigated by the Huizhou Public Security Bureau for allegedly embezzling the funds of NVC. In addition, there are rumors that Wu Changjiang owes a huge amount of gambling debts in Macau.

In December 2012, Wu Changjiang transferred most of his shares in NVC to Dehao Runda, which became the major shareholder of NVC. As a price, Wu Changjiang later subscribed for the equity of Dehao Runda's private placement, becoming the second largest shareholder of Dehao Runda, holding the shares second only to Wang Donglei, chairman of Dehao Runda.

This time Wu Changjiang’s shareholding in Dehao Runda was all frozen by the judiciary. Is it because of the rumor of debts or because of the alleged misappropriation of NVC funds? In this regard, Dehao Runda’s secretary-general Deng Fei said in a telephone interview with reporters that he “does not know”. He said that Dehao Runda learned the above situation from China Securities Depository and Clearing Co., Ltd. Shenzhen Branch and fulfilled its information disclosure obligations, but the specific reasons are not clear.

Recently, it is also rumored that Wu Changjiang was criminally detained by the public security organs in early December, but this rumor has not yet been confirmed by Wu Changjiang’s acquaintances, lawyers and public security organs.

Wu Changjiang’s original mobile phone is currently in a down state. Wu Changjiang’s latest Weibo was written on December 2nd: “The two days in Shanghai are really cold, but when I saw several dealers in East China, my heart was very warm! Especially your sentence is willing to die regardless of what I do. With that, let me be moved to tears, thank you for your trust and support, I will not give up! Tomorrow will be better!"

A number of people who worked at Wu Changjiang told reporters that they had not contacted Wu Changjiang for some time.

Wu Changjiang’s attorney, Xiong Zhi, said in a telephone interview last night that “I don’t know (Wu Changjiang’s shareholding in Dehao Runda was frozen by the judiciary)”. He also said that he is with Wu Changjiang's family. When asked if the rumors of Wu Changjiang’s detention were true or false, Xiong Zhi said, “The public security organs are correct.”

Dehao Runda also announced in the recent announcement that it intends to transfer the equity of a Zhuhai subsidiary. According to an analyst who is close to Dehao Runda, Wu Changjiang’s alleged violation of the guarantee has caused NVC to be deducted from the bank by more than 500 million yuan. NVC’s accounting firm may make bad debt provisioning, DHL According to the shareholding ratio of NVC, the maximum impact may reach 148 million yuan. At this time, Dehao Runda transferred the equity of the subsidiary and returned more than 100 million yuan of funds. It may be necessary to make up for the book losses of Dehaorun once NVC has made bad debts to maintain the stability of the company's performance.

Regardless of success or failure, Wu Changjiang has always been a hero, with a keen market sense, and a big brother of Jianghu. If he is still free, he should still think of a lot of "tricks." The problem is that he dares to gamble, does not follow the rules of character, and gives people a handle.

According to the announcement of Dehao Runda on November 7, its shareholding subsidiary, NVC, which has a shareholding of 27.03%, has been forcibly deducted by the bank for 549 million yuan of deposits to perform joint guarantee obligations due to Wu Changjiang’s illegal guarantee. This will likely give NVC brings huge economic losses. The maximum loss of Dehao Runda by share ratio was 148 million yuan.

According to the above announcement, from August 30, 2013 to August 4, 2014, Wu Changjiang and others used the means of borrowing and loans to carry out violation guarantees in the name of Chongqing NVC eight times, involving a loan amount of approximately 396 million. Yuan, the amount of the deposit is 403 million yuan. At present, the funds of the four affiliated companies borrowing from the bank are unknown. Chongqing NVC has been forced to perform a large amount of joint guarantee responsibility of 395 million yuan by the relevant banks.

In addition, the previous 175 million yuan violation guarantee issued by Chongqing NVC in Bank of China was forced to deduct 154 million yuan from the bank, and the funds involved in Wu Changjiang's illegal guarantees have reached 549 million yuan. The announcement also stated that Chongqing NVC’s deposit of RMB 51.84 million in CCB is currently being frozen by the judiciary, which is also caused by Wu Changjiang’s similar violation guarantee. The specific matters are still being further verified.

According to the announcement, Wu Changjiang did not inform the NVC board of directors of these major violation guarantees, nor did he obtain the review and approval of the NVC board of directors and shareholders meeting.

At present, the NVC board of directors headed by Wang Donglei has already taken control of NVC's management rights, and the integration of Dehao Runda and NVC will be deeper next year. However, after Wu Changjiang lost the management rights of NVC, he now has assets with a market value of 1.174 billion yuan being frozen by the judiciary, and the prospects are worrying.

LED street lamp refers to the street lamp made with LED light source, which has the unique advantages of high efficiency, safety, energy saving, environmental protection, long life, fast response speed, high color rendering index, and is of great significance to urban lighting energy saving.

Led Road Light

Led Road Light,Led Off Road Lights,Led Roadway Lighting,Cob Led Road Light

Yangzhou Heli Photoelectric Co., Ltd. , https://www.heli-eee.com