Foshan Lighting has once again become the focus of attention due to the notice issued by the China Securities Regulatory Commission, and Foshan Lighting has once again become the focus of attention. The three companies that have concealed related transactions in the annual report have also attracted market interest. According to media surveys, the above three companies are associated with Foshan Lighting. Behind the companies with related relationships, all the sons of Foshan Lighting’s chairman, Zhong Xincai, are hidden.
On the evening of July 5, Foshan Lighting announced that it had recently received the “Decision on Administrative Supervision Measures†from the Guangdong Securities Regulatory Bureau. The latter said that Foshan Lighting’s 2009 Annual Report, 2010 Interim Report and Annual Report, 2011 Interim Report and Annual Report were not disclosed. Foshan Schnoch California Electric Co., Ltd. (hereinafter referred to as Schnoqi), Foshan Slangbo Enterprise Co., Ltd. (hereinafter referred to as Slangbo) and related transactions; also did not disclose (Hong Kong) Qinghai Skyline rare element technology The relationship between Development Co., Ltd. (hereinafter referred to as Hong Kong Skyline) and its joint venture to establish a related transaction of Qinghai Fozha Lithium Energy Development Co., Ltd.
According to the industrial and commercial information of Foshan Administration for Industry and Commerce, Schnoqi was established on December 28, 2007 with a registered capital of 140,000 US dollars, controlled by Zhong Yongliang. Slangbo was established as early as July 19, 1999 with a registered capital of 500,000 yuan. In the shareholding structure of Slangbo, Zhong Yonghui invested 475,000 yuan, accounting for 95%; Huo Guang invested 25,000 yuan, accounting for 5%.
More informed sources: Zhong Yongliang is the eldest son of Zhong Xincai, Zhong Yonghui is the second son of Zhong Xincai, Huo Guang is the uncle of Zhong Xincai’s son, and Huo Guang is the largest distributor of Foshan Lighting in Foshan. The company is Foshan Shan State. Electrical Lighting Co., Ltd., the company is only one street away from Foshan Lighting. Huo Guang is also the owner of Qinghai Power New Energy Materials Co., Ltd.
The "Decision" issued by the Guangdong Securities Regulatory Bureau also pointed out that Foshan Lighting concealed in the financial report the fact that it jointly established the Qinghai Folu Lithium Energy Development Co., Ltd. (hereinafter referred to as Buddha Lithium Energy) with Hong Kong Sky.
At the same time, the Securities and Futures Commission issued the "Decision on Administrative Supervision Measures", Foshan Lighting Company's internal struggle was gradually open. On September 1, 2010, the actual controller of Hong Kong's Prosperity, Zhuang Jianyi, soon became the chairman of Foshan Lighting. Zhong Xincai became the chairman of the board of directors because he was investigated by the Guangdong Securities Regulatory Bureau and resigned as chairman of the board.
At that time, it was reported that within Foshan Lighting, there were not only equity disputes, but also many infightings such as Osram, Hong Kong Prosperity and Zhong Xincai. Judging from the announcement, after Zhuang Jianyi was investigated, Zhong Xincai followed suit, and the internal struggle of Foshan Lighting has been fully publicized.
On the evening of July 5, Foshan Lighting announced that it had recently received the “Decision on Administrative Supervision Measures†from the Guangdong Securities Regulatory Bureau. The latter said that Foshan Lighting’s 2009 Annual Report, 2010 Interim Report and Annual Report, 2011 Interim Report and Annual Report were not disclosed. Foshan Schnoch California Electric Co., Ltd. (hereinafter referred to as Schnoqi), Foshan Slangbo Enterprise Co., Ltd. (hereinafter referred to as Slangbo) and related transactions; also did not disclose (Hong Kong) Qinghai Skyline rare element technology The relationship between Development Co., Ltd. (hereinafter referred to as Hong Kong Skyline) and its joint venture to establish a related transaction of Qinghai Fozha Lithium Energy Development Co., Ltd.
According to the industrial and commercial information of Foshan Administration for Industry and Commerce, Schnoqi was established on December 28, 2007 with a registered capital of 140,000 US dollars, controlled by Zhong Yongliang. Slangbo was established as early as July 19, 1999 with a registered capital of 500,000 yuan. In the shareholding structure of Slangbo, Zhong Yonghui invested 475,000 yuan, accounting for 95%; Huo Guang invested 25,000 yuan, accounting for 5%.
More informed sources: Zhong Yongliang is the eldest son of Zhong Xincai, Zhong Yonghui is the second son of Zhong Xincai, Huo Guang is the uncle of Zhong Xincai’s son, and Huo Guang is the largest distributor of Foshan Lighting in Foshan. The company is Foshan Shan State. Electrical Lighting Co., Ltd., the company is only one street away from Foshan Lighting. Huo Guang is also the owner of Qinghai Power New Energy Materials Co., Ltd.
The "Decision" issued by the Guangdong Securities Regulatory Bureau also pointed out that Foshan Lighting concealed in the financial report the fact that it jointly established the Qinghai Folu Lithium Energy Development Co., Ltd. (hereinafter referred to as Buddha Lithium Energy) with Hong Kong Sky.
At the same time, the Securities and Futures Commission issued the "Decision on Administrative Supervision Measures", Foshan Lighting Company's internal struggle was gradually open. On September 1, 2010, the actual controller of Hong Kong's Prosperity, Zhuang Jianyi, soon became the chairman of Foshan Lighting. Zhong Xincai became the chairman of the board of directors because he was investigated by the Guangdong Securities Regulatory Bureau and resigned as chairman of the board.
At that time, it was reported that within Foshan Lighting, there were not only equity disputes, but also many infightings such as Osram, Hong Kong Prosperity and Zhong Xincai. Judging from the announcement, after Zhuang Jianyi was investigated, Zhong Xincai followed suit, and the internal struggle of Foshan Lighting has been fully publicized.
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