Zhao Wei finally broke the silence and appealed to the results of the first instance.
The plaintiff acting lawyer Li Jian, an agreed lawyer who complained to Xiangyuan Culture and Zhao Wei's false statement, said that the first trial results of the first trial of the dispute over the case of the case of the shareholder in Xiangyuan Culture and the false statement of Zhao Wei's false statement were announced.Xiangyuan Culture (formerly Wanjia Culture), Zhao Wei's appeal.The company and Zhao Wei appealed to withdraw from the first trial judgment, and changed the judgment of all the lawsuits of investors.
Xiangyuan Culture had previously announced that the company received 17 civil judgments and related legal documents from the Hangzhou Intermediate People's Court.The Hangzhou Intermediate People's Court made a first -instance ruling on the case of the 17 plaintiff's prosecution of the false statement of the false statement of Xiangyuan Culture Securities.
In December 2016, Long Wei Media, Zhao Wei's Holdings, wanted to acquire 185 million yuan in Wanjia Culture for 3 billion yuan.The proportion of leverage in the transaction was as high as 51 times. Later, due to the huge amount of financing of the project, the borrowing applied to the bank from the bank was not approved, resulting in the termination of the acquisition and being investigated by the Securities Regulatory Commission.This farce caused a fierce fluctuation in the stock price and caused huge losses to shareholders.
After the punishment decision was announced, investors across the country successively sued Xiangyuan Culture and Zhao Wei and other defendants on the grounds of false statement of securities.
Zhao Weisou counterattack
Li Jian told the China Securities Journal reporter that he received a notice from Hangzhou Intermediate Court on February 15. Xiangyuan Culture and Zhao Wei had appealed, and received a written appeal of the mailing appeal on February 18.According to 15 working days, February 15 is just the last deadline for appeal.He pointed out that Xiangyuan Culture and Zhao Wei filed a appeal as early as possible. As the date of the appeal was submitted to the postmark date, the court later notified our defendant to appeal after the legal 15 -day appeal period expired. This process is normal.Essence
The appeal request of the company and Zhao Wei both revoked the first trial judgment and rejected all the lawsuit requests for investors.Li Jian said that the proportion of the defendant's claim to deduct systemic risks or other proportion of risk factors should be deducted, and we cannot agree with this, because the information behavior of the two defendants is very short.It was a significant loss that investors suffered major losses. This is an indisputable fact. In the same period, the Shanghai -Shenzhen securities market and sector did not have a significant decline. Therefore, the two defendants' defense reasons could not be established at all.reason.
Li Jian said that the trial period of the second instance of ordinary civil and commercial cases is three months, and the number of cases from the second instance case is calculated, and the number of plaintiffs in the false statement of securities is a major influence case. Therefore, in judicial practice, the trial limit of such cases is limitedAfter the approval of the dean, it is usually extended.Compared with the previously represented cases, the first case was made in the first trial of the first year, which is in line with the regulations on the review of ordinary civil and business cases. This is not easy, which is faster than I expected.
Considering the time of file files and dossier transfer time, it is estimated that the results of the second trial of the first case will be the fastest for half a year.The first batch of cases won the first trial, which means that the timing of the follow -up case is mature. We will concentrate on a batch of cases at the end of this month, and the subsequent cases will be handled in batches.Li Jian said that at present they are continuing to solicit shareholders' claims, prosecution in batches, and refer to the first trial judgment. The latest claims are: Buy Xiangyuan Cultural Stocks from January 12, 2017 to February 27, 2017, and in 2017After February 28th, the damaged investors who continue to hold or sell the stock can claim claims.
The three quarters of Xiangyuan Culture in October 2018 showed that as of October 26, the company received a total of 456 false statements of securities false statements, with a litigation amount of about 57.66 million yuan.In addition to the case of withdrawal cases, 455 cases of the case litigation amount was about 57.62 million yuan.
Zhao Wei and Wanjia Cultural Past
In December 2016, Long Wei Media, Zhao Wei's Holdings, wanted to acquire 185 million yuan in Wanjia Culture for 3 billion yuan.The proportion of leverage in the transaction was as high as 51 times. Later, due to the huge amount of financing of the project, the borrowing applied to the bank from the bank was not approved, resulting in the final termination of the acquisition case.
On April 1, 2017, Wanjia Culture announced that Wanjia Group no longer transferred shares to Longwei Media, and the two parties did not investigate each other.
The failure of the equity transfer of Longwei Media and Wanjia Culture has a great impact on the stock price of Wanjia culture.
On December 26, 2016, Wanjia Culture released the plan to acquire Longwei Media. After the resumption of trading on January 12, 2017, Wanjia Culture's stock price rose continuously to 25 yuan/share.%.
On February 8, 2017, Wanjia Culture suspended trading again. During the suspension period, the proportion of shareholders' shares transferred from 29.135%to 5%.After resumption of trading on February 16, 2017, the stock price embarked on the road.By July 18, 2017, Wanjia's stock price fell to the lowest point of 8.80 yuan/share.
The Securities and Futures Commission stated in a pre -notice notice in advance that Longwei Media has insufficient funds in their own territory, and the financing of relevant financial institutions is yet to be approved. In the case of great uncertainty, it has acquired a listed company with an empty shell company and rashly rashly.Announcement, serious misleading markets and investors.
Xiangyuan Culture is condemned again
Yan Donglai, the chairman of Xiangyuan Culture, said in an interview with reporters that Xiangyuan Culture, which had replaced the controlling shareholder, was a bit innocent.When Mr. Kong Deyong signed an agreement with Longwei Media, his identity represents the controlling shareholder of the listed company at that time, and it was not a listed company.Yan Donglai said.
However, Xiangyuan Culture has been mildew since she has intersecting with Zhao Wei, and has received multiple punishments since last year, and has recently added another example.
On April 17, 2018, Xiangyuan Culture received a decision on the administrative penalty of the CSRC.Longwei Media passed the information disclosed in January 12, 2017 and February 16, 2017 and February 16, 2017.A warning was given and fined 600,000 yuan to punish the responsible persons such as Longwei Media and Zhao Wei.
On the evening of November 20, 2018, the Shanghai Stock Exchange issued a decision on disciplinary sanctions on Zhejiang Xiangyuan Culture Co., Ltd., Tibetan Longwei Culture Media Co., Ltd. and relevant responsible persons.Wei Culture and his direct responsible persons Huang Youlong, Zhao Wei, and other direct responsible personnel Zhao Zhengyu publicly condemned it, and publicly determined that he was not suitable for directors, supervisors, and senior managers of listed companies within 5 years.
Xiangyuan Culture disclosed the decision of the Shanghai Stock Exchange on February 20th. Xiangyuan Culture and its controlling shareholder Zhejiang Xiangyuan Industrial Co., Ltd., the former actual controller and then chairman, Kong DeyongEssenceThe Shanghai Stock Exchange decided to publicly condemn the Xiangyuan Culture, Xiangyuan Industrial, and Kong Deyong, and publicized that Kong Deyong was not suitable as a director, supervisor, and senior managers for listed companies.The above -mentioned disciplinary sanctions will be notified of the Zhejiang Provincial People's Government and recorded in the integrity file of listed companies.
It was found that on September 25, 2015, Kong Deyong began to discuss the acquisition with Shanghai Kuaiping Network Technology Co., Ltd.; on September 30, Kong Deyong sent a cooperation framework agreement to Shanghai Express, agreed that Xiangyuan Culture intends to pay cash and issue cash and issue it.The method of shares acquire 100%equity at the price of 15 times the price of the P / E ratio of 15 times the actual net profit of Shanghai Fast Panel in 2015.Since then, Kong Deyong has communicated with Shanghai Express and related intermediaries on the acquisition and signed a related confidentiality agreement.
On December 31, Xiangyuan Industrial and Shanghai Express screen and its shareholders signed a memorandum of strategic cooperation in equity acquisition.Dingxiangyuan Industry intends to propose that the company's price of 15 times the price -earnings ratio of the P / E ratio of the P / E ratio of 15 times the price of the P / Master of the P / Mo is not lower than the Shanghai Kuaiping 2016, that is, the transaction amount will not be less than 1.05 billion yuan, Zhanxiang XiangxiangThe proportion of source culture on December 31, 2014 has exceeded 50%of the total audited assets of 647 million yuan, which constitutes a major asset reorganization and should be disclosed in time.The company was disclosed until June 18, 2016.
During the acquisition of Shanghai Fast Ping, the company's stock price was from November 30 to December 2 and December 28, 2015, respectively.%Of the case constitutes abnormal fluctuations in stock transactions.The company disclosed the announcement of the abnormal fluctuations of stock transactions, and Xiangyuan Industrial's resumption letter on verifying the company's stock transactions abnormal fluctuations. They all said that the company, the controlling shareholder, and the original actual controller did not have disclosed matters without disclosure.
The Shanghai Stock Exchange stated that after verification, the company intends to acquire Shanghai Kuaiping's transaction amount is huge and meet the major asset reorganization standards. It will have a significant impact on the company's production and operation. It is a major information that affects market and investor decision -making. The company should disclose it in time.The company and its original actual controller and then chairman Kong Deyong did not disclose relevant information in time when planning the above -mentioned major matters and signed a cooperation memorandum with a price certain clause.The company's information disclosure was not timely, which seriously damaged the right to the investor.
The acquisition of Shanghai Fast Ping's equity is a major impact on the company's stock price and investor decision -making.During the planning of the company and the original actual controller, during the planning of the above major matters, the company's stock price fluctuated abnormal fluctuations.Discovery, seriously damage the right to investors' knowledge, and related false records may cause significant misleading of investment decisions and seriously damage the interests of investors.
The Shanghai Stock Exchange emphasized that in the past 12 months, during the process of the company's acquisition of the company's equity, the company had false records, misleading statements, major omissions and disclosure of disclosure, and seriously damaged investors' right to know the right to know the truth., Was publicly condemned by the Shanghai Stock Exchange, Kong Deyong was publicly condemned and determined that five years were not suitable for the director of the listed company.The company and the relevant responsible persons have been verified in the short term that serious information disclosure violations are disclosed, which is a context of heavy processing.
