Zheng Kanghao, the actual controller of Huangting International, is assisting relevant departments in the investigation.Yesterday (October 17) evening, Huangting International disclosed the above information.
Affected by this news, Royal Court International today (October 18) opened at the limit.In the previous four trading days, Huangting International’s stock price has fallen by 28.94%.At noon today, Huangting International announced again that Zheng Kanghao can still handle and approve the company's related affairs and perform the duties of the company's chairman.
Shenzhen Huangting International Enterprise Co., Ltd. (000056.SZ, hereinafter referred to as Huangting International) was founded in 1983 by Zheng Shijin, the father of Zheng Kanghao. It is a real estate development company headquartered in Shenzhen, mainly engaged in commercial real estate, finance and other businesses.As of June 30 this year, the company's total assets were 13.659 billion yuan and its net assets were 5.834 billion yuan.
According to public information, Zheng Kanghao is 42 years old and has been the chairman of Huangting International since September 2010.Zheng Kanghao holds 49.08% of the shares of Huangting International through several companies.
According to Caixin reporter's understanding, Zheng Kanghao's assistance in the investigation this time involves the case of Li Huanan, deputy secretary of the Shenzhen Municipal Committee, secretary of the Political and Legal Committee, and director of the Municipal Social Work Committee.The Guangdong Provincial Commission for Discipline Inspection notified on October 9 that Li Huanan was subject to disciplinary review and supervisory investigation.
Li Huanan was born in June 1959. Since November 1993, he has held important positions in the Shenzhen legal system.In May 2015, Li Huanan served as deputy secretary of the Shenzhen Municipal Party Committee and secretary of the Political and Legal Committee, and concurrently as secretary of the Party Working Committee of Guangming New District in July of the following year.
People close to the Shenzhen Municipal Government told Caixin that Li Huanan was taken away by the Guangdong Provincial Supervisory Committee for a talk on September 26, but was freed a few days later.According to local reports in Shenzhen, on October 8, Li Huanan also went to Liantang Community, Luohu District, Shenzhen to investigate grassroots party building work.
According to the aforementioned person, on the morning of October 9, Li Huanan attended a working meeting.After lunch, Li Huanan was taken away again.That afternoon, the Guangdong Provincial Commission for Discipline Inspection and Supervision announced that he was under investigation.
According to the Caixin reporter, Li Huanan has been reported for many years for helping a developer acquire land in Guangming New District.The Caixin reporter was unable to learn about the specific project, nor could it confirm whether the content of the report was related to Huangting International.
A person familiar with Zheng Kanghao revealed that Zheng Kanghao was taken away to assist in the investigation as early as mid-to-late September, earlier than the Li Huanan case.According to the source, Li Huanan and Zheng Kanghao were friends and often visited the Royal Court International Club.In addition, Li Huanan's son is engaged in investment business and has a close relationship with Royal Court International.
This is the second time Zheng Kanghao has been taken away for investigation because of his involvement in the case.The first time was in mid-November 2017.
Caixin reporter learned from two insiders that Zheng Kanghao was mainly involved in the case of Lu Ruifeng, the former executive vice mayor of Shenzhen.In September 2017, Lu Ruifeng was investigated by the Jiangmen City Procuratorate of Guangdong Province on suspicion of accepting bribes, and criminal coercive measures were taken.
From 2001 to 2015, Lu Ruifeng successively served as deputy secretary and secretary of Shenzhen Futian District Committee, deputy mayor and executive deputy mayor of Shenzhen.During his tenure as deputy mayor, Lu Ruifeng was in charge of urban management, land planning, and production safety.
At that time, Chen Xiaohai, the general manager of Huangting International, used the position of chairman for three months on his behalf.It was not until the end of February this year that Zheng Kanghao returned to the company to perform his duties normally.
According to Caixin reporter statistics, 80% of Huangting International's real estate assets are located in Shenzhen, and half of them are located in Futian District, where Lu Ruifeng once held an important position.The company owns assets such as Huangting Plaza, Huanggang Business Center Office Building, and Huangting Center Office Building in Futian CBD (Central Business District), and is one of the main developers of Futian CBD.
Huangting International closed at 7.78 yuan per share at the limit price today, with a total market value of 9.144 billion. The stock price fell 36.20% compared to five trading days ago.■
