The prospect of ST Zhongyan is worrying, and it is a foregone conclusion that it will continue to lose money this year, and it is currently in the delisting risk warning period, and the crisis is imminent. 23us. fastest

Delong started ST Zhongyan in 01 and did not really enter the board of directors until 03, but it was held back by the second largest shareholder Zhongyan Group everywhere, and what he got was a hot potato that he couldn't control.

In today's situation, only the implementation of asset restructuring can avoid forced delisting, Delong Group has launched two restructuring plans in succession, but all were rejected by the Securities Regulatory Commission.

Due to the failure of the restructuring, the stock price of ST Zhongyan has plummeted continuously, and when Chen Qiaoshan bought it, the stock price was at a historical low, and it had just ended a continuous 9 falling limits.

Due to some unexplained reasons, there is little hope that the restructuring will be approved, and the momentum of the stock price decline will obviously continue.

The reason why Chen Qiaoshan chose to start at this time is because he clearly remembers that Zhongyan Group will choose to withdraw in recent days and sell all its shares to Delong, since then, ST Zhongyan's two-year infighting has finally ended, the biggest obstacle within the enterprise has been removed, and the asset restructuring has also seen the dawn of successful approval.

Chen Qiaoshan knew that in order to obtain an absolute controlling stake, Delong spent a huge amount of money to buy the equity in the hands of Zhongyan Group, and the price paid was not ordinary.

But in today's situation, to say that Delong is a victim, it really can't be counted, those things in the mall, it is difficult to tell whether they are true or false, and it is not a simple sentence that can be summarized by right or wrong.

……

Delong has always been very strong, whether it is engaged in capital operation or mergers and acquisitions, it has always been known for its fierceness.

In the stock market, Delong has the reputation of "Zhuang Wang", and the old three shares are the benchmark of iron fighting.

The same is true in the process of mergers and acquisitions, as long as the target is targeted by Delong, no one can escape the fate of being controlled.

Of course, it is not that no one resists, but it generally ends in failure, and Delong's mergers and acquisitions have been renovated, and some cases can even be written into the textbook of corporate mergers and acquisitions.

The merger and acquisition case of ST Zhongyan, the strange means, is absolutely breathtaking, and can be called the most bizarre merger and acquisition in the history of mergers and acquisitions.

In 01, Yanjing Guohe, the largest shareholder of ST Zhongyan, had a conflict with the second shareholder Zhongyan Group and decided to sell the equity held in it.

They quickly found a suitable next home, and the takeover party was CEIC, and the two hit it off, and soon signed an equity transfer agreement, but it has not yet been implemented.

At this moment, Delong's strong attack was tantamount to snatching food from the China Economic International.

This company was established under the leadership of the State Economic and Trade Commission, and the background can be described as profound, and in March this year, the brand of the Economic and Trade Commission was revoked and the brand of the Ministry of Commerce was erected.

The strong dragon still does not suppress the head snake, on the ground of Yanjing, it is said that the Delong system should retreat, but Tang Wanxin does not believe in evil, but he is on top of China Economic International.

With the equity transfer agreement of ST Zhongyan in hand, CEI naturally felt 120 at ease, and did not take the turtles from northern Xinjiang in his eyes at all.

Delong didn't take that paper agreement seriously, isn't it just a legally binding blank paper, so let's start with the law.

I have to say that Delong Group does have a lot of talent, and they quickly found an absolutely subtle solution.

They first found Yanjing Guohe, the equity transferor, and did the work privately, and then a merger and acquisition drama officially began.

Tunhe shares first injected 50 million yuan into Yihe Fengye, and Yanjing Guohe provided joint and several liability guarantees, but as a result, there was an accident, and Yihe Fengye embezzled the 50 million yuan for the first time.

Immediately afterwards, Tunhe immediately learned the news and soon filed a lawsuit with the court, suing Yihe Fengye and the guarantor Yanjing Guohe.

A dramatic scene appeared, after court mediation, Yanjing Guohe complained that he had no money in his hand, but proposed to use the undelivered ST Zhongyan equity in his hand to compensate for the loss of 50 million shares of Tunhe.

CEI has an equity subscription contract, and Delong has a civil award in his hand, and the matter should be over at this point, but this is not the case, after all, this is the first trial, and it is not very safe, in order to avoid legal risks, the drama has to continue.

The court gave a ruling in the first instance, but Yanjing Guohe refused to perform, and Tunhe shares appealed, and the high court soon issued a civil ruling, ruling that Yanjing Guohe must use the shares of ST Zhongyan held in his hand to compensate for the losses of Delong Group.

Since then, Delong has become the largest shareholder of ST Zhongyan, and China Economic International, which has a deep background, has been fooled, and the equity transfer agreement in his hand has become a piece of waste paper.

With the change of ownership of ST Zhongyan, the turmoil should have subsided, but this does not mean the end of this dispute.

With Delong's entry into ST Zhongyan, the board of directors was first controlled by Zhongyan International, and then the restructuring plan was rejected by the China Securities Regulatory Commission one after another...... Regulators ignored all of this.

The parties involved in this are actually very clear in their hearts that the tragic ending of the Delong system a few years later has already laid the groundwork in the equity battle of ST Zhongyan.

……

The restructuring of ST Zhongyan lasted three years, which is the longest restructuring time among all the listed companies under the Delong system, and it is also the most formal and professional asset restructuring.

Ironically, it is precisely because of the existence of a third party that ST Zhongyan has become the only listed company in the history of Delong that has been successfully integrated and has absolute control.

ST Zhongyan now has no loans, no illegal guarantees, no high-interest financing, no asset collateral, it is simply clean and outrageous, no wonder Delong Department after the successful restructuring, it was sold and cashed out, and it was not able to make money, and it was always stared at by people with intentions, what do you want!

Perhaps, a generation of predators Tang Wanxin regrets it in his heart!

……

Chen Qiaoshan felt a little bitter, the stock he just bought fell two times in a row, and he was busy with more than a month's income, and he lost half of it in two days.

Fortunately, he was mentally prepared, having said that, he was still a little distressed in the end, and the cap stocks he bought at a loss rose and fell by only 5%, otherwise he would have lost everything.

Chen Qiaoshan is still a little sure in his heart, he knows that the Delong department will recently acquire the shares in the hands of Zhongyan Group and complete the absolute control of ST Zhongyan.

Of course, the price paid for this acquisition will certainly not be small, and some interest groups will not easily exit without reaping sufficient benefits.

The main problem of ST Zhongyan was that the two major shareholders dismantled each other, and after the Delong system cleared the obstacles, the third restructuring plan was quickly and smoothly approved by the CSRC.

Chen Qiaoshan is not sure about the specific time of the equity transfer, only knows that it happened at the end of October, after the news was announced, ST Zhongyan continued to rise for two consecutive weeks, and finally the stock price more than doubled.

This is undoubtedly an opportunity, Chen Qiaoshan was still thinking about it, and went out to find a brokerage to match funds, but he gave up after thinking about it, and after two years of bear market, it is estimated that those small capital allocation companies have already run away.

Now the China Securities Regulatory Commission strictly prohibits the allocation of capital to speculate in stocks, formal securities firms will no longer provide financing services to individuals, and large financial institutions will no longer participate.

Of course, it is impossible to completely eliminate it, there are still some small brokerages that will provide financing, but they will strictly control the risks, and the fees are not low, and if you want to speculate on stocks like ST Zhongyan, you will be rejected 100%.

"Hey, why are you so distracted?"

Yan Xiaoqin's voice suddenly sounded in his ears, and Chen Qiaoshan raised his eyes to find that she was staring at him.

"It's okay, I just remembered something suddenly. ”

Yan Xiaoqin advised: "There are only a few days left before the exam, you have to work harder." ”

Chen Qiaoshan nodded, and the exam was held on November 2.

The exam was organized by the central bank, and the test center in Haidian was arranged at the National People's Congress, and he was ridiculed by Sun Guangming for this.

In addition to paying attention to the news on the Internet during this time, Chen Qiaoshan basically spent the rest of his time preparing for the exam, and it was rare to have an opportunity to test his true ability, and he also wanted to work hard.

"Don't worry, I'm sure I'll be fine this time. Chen Qiaoshan said confidently.

Yan Xiaoqin's eyebrows frowned slightly, she was a little uneasy, she said: "I heard that this exam is very difficult, and the pass rate is very low!" Chen Qiaoshan smiled: "What are you afraid of, I'm the provincial champion, and I'm still afraid of this?"

Yan Xiaoqin ignored him, and just advised: "You better be serious, don't have any accidents, I've heard that you and Li Xiao-Lin will take this exam in the experimental class, if you don't pass, you will lose a lot!"

"You know all this, who do you listen to?"

Yan Xiaoqin smiled and said, "Guess what!"

Chen Qiaoshan pondered for a moment, and then said, "It's Wang Qian, right?"

"How do you know?" Yan Xiaoqin was a little inexplicable, and he was a little strange in his heart, which could make him guess?

"Aren't you on good terms with Wang Qian, I guess she can tell you this. ”

Yan Xiaoqin was a little unconvinced, and retorted: "I basically know all the people in the experimental class, how can you be sure that she told me?"

"The key is that except for Wang Qian, I haven't seen you talk to anyone in private, we usually study together. ”

"Li Xiao-Lin, can't I, I'm also very familiar with her. ”

Chen Qiaoshan was a little strange and asked, "I haven't seen you guys in contact with each other, when did you two get together?"

Yan Xiaoqin said with a smile: "I don't know, she often goes to my professional classes, and we naturally get acquainted." ”

Chen Qiaoshan's heart moved, this matter was a bit strange.

Yuanpei implements general education, and professional courses are optional in school, and Yan Xiaoqin chose the course of communication under his suggestion, how can there be such a coincidence in the world, and they just happened to meet.

"What do you usually talk about?" asked Chen Qiaoshan quietly.

"I didn't say anything, it's basically a matter of school, by the way, Li Xiao-Lin also asked me about your situation. ”

Chen Qiaoshan suddenly thought, it seemed that it was the same as he thought, and all this was probably not a coincidence.

He has always felt that Li Xiao-Lin is weird, and he has long wanted to talk to her, but unfortunately he can't find a chance, it seems that he has to find a chance to talk about it.