Category: Money tips Release Date: 2006-04-05
"Zhou Zhengyi out fast week, and did not point sources, it seems like staged disappeared." A week before the close said.
May 26, 2006, the former "Shanghai's richest man," Zhou Zhengyi released from prison three years. Alleged that on that day at 8 am or so, Zhou Zhengyi Tilanqiao Prison in Shanghai after finishing from the prison procedures, which take private vehicles. Since then, Zhou has not exposed to the public, especially the media horizon. Contact reporter interview, Nongkai Group, a senior, said in a telephone euphemism, at this stage tend to be busy and can not be interviewed.
Three years, not a very long time, in addition to weeks, he has the Department of Nong Khai, also has changed dramatically.
Endgame
Heyday, Zhou Zhengyi, Department of Nong Khai have been owned mainland China, Hong Kong 4 listed companies: Heroes of shares (later renamed the "big profit shares"), seabirds development, Shanghai Trade (HK) and Shanghai Real Estate (HK, has been under the city) .
Zhou Zhengyi After the incident, he's listed companies also started to "Laoyanfenfei."
First, the "Shanghai-commerce." In August 2003, Zhou Zhengyi, who will actually be held by the Hong Kong-listed company "Shanghai Business" sold 63.19% stake in all.
Another Hong Kong-listed companies - the "Shanghai real estate", first suspension, after October 10, 2005 at the Hong Kong stock market officially withdraw from the market.
In the domestic shares of a listed company profits, then returned to the original owner, Nong Khai took over the second-largest shareholder after the retreat of the Shanghai Light Industry Holding Group (hereinafter referred to as Light Industry Holdings) hands.
Pm to May 26 this year, is released when the Zhou Zhengyi for capital operation platform has four listed companies, only the development of seabirds. Seabirds, the largest shareholder of the development of the Department of Nong Khai's Shanghai Donghong Industrial Investment Co., Ltd., holding 26%.
May 29, 2006, Zhou Zhengyi was released from prison on the third day, seabirds development of tradable share reform issued an indicative notice, saying the company's A shares have been suspended with immediate effect, be published before June 2 of the split share structure reform relevant documents or cancellation of shares proposed changes to the notice, June 5, 2006 began trading shares resume trading.
May 31, 2006 afternoon, the seabirds Development Telephone No answer.
Debt problems
To informed sources, even in prison during the Zhou Zhengyi, also, and came to prison to visit the Nong Khai officers are to discuss the company's things. Indicating Nongkai he always holds the Department of the situation.
Zhou Zhengyi was released from prison after which, in addition to the need to re-plan the development direction of the Department of Nong Khai, the current is more important to raise funds for repayment of debt.
The first is the Department of Nong Khai large surplus stock of about 311 million yuan of the debt problem.
Daying shares in 2005, according to annual report disclosure, due to financial lending, investment and procurement money transferred to other reasons, Shanghai Agricultural Industrialization Corporation and other affiliated companies occupy Nongkai company funds the Department of 218.45 million yuan.
March 24, 2006, big earnings announcement shares, said in Shanghai No. 1 Intermediate People's Court has sued the Shanghai Agricultural Industrialization Development Group to return 105 million of debt and assume the case costs of litigation. Court March 21, 2006 formally accepted the case, but not yet the trial.
"For the other debts, the company will be held in December 2006 be taken before a judicial or other effective means to clean up Shanghai Agricultural Industrialization Development Group, associated with the occupation of funds." Big profit shares, said in its annual report.
In addition, according to the "Shanghai real estate" in 2005 "issued by the special general meeting of shareholders notice", "Shanghai real estate" receiver Zhou Zhengyi his wife had raised 267 million Hong Kong dollar claims. It is also he may have to face.
However, there are close to Nongkai Group, believe that these debts should not be an obstacle to Zhou Zhengyi's comeback. "Nong Khai department's debt is mainly banks, but because they had been mortgaged assets, appreciation and sale of equity, project finance, bank debt has been repaid or less of."
Nongkai Group, Societe Generale offices and adjacent buildings have been based on low-cost acquisition "uncompleted flats", Zhou Zhengyi After the incident, had been mortgaged to the creditor banks. According to reports, Nong Khai, compared to the cost of purchased residential flats, Industrial Building, appreciation should be at least more than doubled.
Another source said that birds had invested 300 million yuan with the development cooperation partners to jointly develop the CBD project Xinglipu International Financial Building, also in the process to find a buyer. The Finance Building is located near the Shanghai Bund, reportedly priced at nearly 2 billion yuan.
With the Department of Nong Khai companies have business ties to one source, the Department of Nong Khai property, real estate business has been most of the disk out. In his view, Zhou Zhengyi was released from prison after the main direction of the Department of Agriculture Kay should not be real estate, property, but its trade and industry to make things. "He's trade and industrial and commercial assets, the quality is good."
However, the legal profession that the comeback after the Zhou Zhengyi has been inappropriate for the operation of listed companies.
There are well-informed sources told reporters that he received news is that after release of the Zhou Zhengyi has been renamed and, specifically, what name do not know. In prison, he also has an alias - "Zou Yi."
