The commercial votes of 31 companies of Muyuan shares continue to be overdue


2021-12-06: [Chinese Article Link]  On 2 December, the Shanghai Stock Exchange disclosed a list of outstanding business tickets as at 30 November 2021, and the 21st Century Economic Reporter noted that 31 enterprises under the banner of the Shenwon stock (002714.SZ) were listed as depositors; it was revealed that more than three payments were overdue from 1 August 2021 to 30 November 2021, and that there were outstanding balances as at 30 November 2021, or that the number of depositors whose payments were overdue as at the same month was 384. Of these, the trading tickets of 31 companies owned directly or indirectly by the herd shareholding continued to be overdue. As of 30 November 2021, according to the journalist's statistics from the Shanghai Stock Exchange, the 31 carriers listed above had accumulated delays of approximately $21,257,000, with an overdue balance of $16,668,000. In addition, the journalist collated the background of the shareholders of the 31 “sheba family” companies and found that many of the equity investment funds under the flag of the offer company, the Huameng Gui Trust, etc., were on the list of shareholders of multiple companies. In response, the owner expressed concern that the Shanghai Stock Exchange had today publicized the “List of Persistent Overdues as at 30 November 2021”, which was verified by the company's financial services department, and that the company was late in the payment of business tickets on the due date because some suppliers had failed to initiate payment requests in a timely manner, and a small number of ticket banks had been unable to settle on-line or on-line in a timely manner. The company has put in place special management systems and measures to deal with the situation, which will be strengthened in the future, and will maintain active communication with banks and voters to avoid similar incidents. As previously reported in the Chinese Securities Bulletin, the customer manager of the requisitioner’s securities had recently stated in a microscopic group that herders’ shares might be thunderbolts, leading to a continuing decline in the stock price of herders’ shares. This year, attention has been drawn to the issue of the flow of funds for herds’ shares. On 19 October, herds’ shares published a plan to raise funds for the collection of public shares, with an increase of up to 6 billion yuan in the amount of $40.21 million in the amount of the shareholders’ shareholdings, all of which will be used to replenish the flow of funds, after deducting the issuance costs. It is a matter of concern that, as the subject of the debt, the tradable debt was the only source of financing obtained by herds in the open bond market this year. The financial data show that, in the third quarter of 2021, the company achieved a profit of $14.44 billion, a decrease of 18.68 per cent, and a net profit of $8.22 billion, a decrease of 108.05 per cent. During the first three quarters of this year, herds of $5.682 billion, an increase of 43.71 per cent, and a net profit of $8.704 billion, a decrease of 58.53 per cent, were lost by the same parent; and net profit deductions of $8.65 billion, a decrease of 58.74 per cent. In response to concerns about the three-quarters deficit in the performance of Shinwon shares, CIC noted that the company’s owner’s interests had declined at the end of September, and the debt size had continued to increase, raising the asset-liability ratio to 57.77% at the end of the same year; the monetary fund at the end of the same period was $9.95 billion and the short-term debt was $32.257 billion, subject to some short-term debt-servicing pressure. At the same time, the company was investing in a project to build a pig farm on a large scale and faced certain capital-expenditure pressures, and the debt would rise further, and in the future the company would adjust its investment plan for the construction project in the light of the actual situation. In September 2021, the average sale price of the company’s commodity pig was $11.49/kg, with a 17.46% decline in the ring ratio, and if the average price of the sale in the fourth quarter was still below the cost price, the company would continue to lose in the fourth quarter. For more information please download Finance APP 21


Note: This is a machine translated version of the Chinese news media article. A mature and nuanced reading is suggested.



Trending News

What China Reads


The commercial votes of 31 companies of Muyuan shares continue to be overdue


2021-12-06: [Article Link]  On 2 December, the Shanghai Stock Exchange disclosed a list of outstanding business tickets as at 30 November 2021, and the 21st Century Economic Reporter noted that 31 enterprises under the banner of the Shenwon stock (002714.SZ) were listed as depositors; it was revealed that more than three payments were overdue from 1 August 2021 to 30 November 2021, and that there were outstanding balances as at 30 November 2021, or that the number of depositors whose payments were overdue as at the same month was 384. Of these, the trading tickets of 31 companies owned directly or indirectly by the herd shareholding continued to be overdue. As of 30 November 2021, according to the journalist's statistics from the Shanghai Stock Exchange, the 31 carriers listed above had accumulated delays of approximately $21,257,000, with an overdue balance of $16,668,000. In addition, the journalist collated the background of the shareholders of the 31 “sheba family” companies and found that many of the equity investment funds under the flag of the offer company, the Huameng Gui Trust, etc., were on the list of shareholders of multiple companies. In response, the owner expressed concern that the Shanghai Stock Exchange had today publicized the “List of Persistent Overdues as at 30 November 2021”, which was verified by the company's financial services department, and that the company was late in the payment of business tickets on the due date because some suppliers had failed to initiate payment requests in a timely manner, and a small number of ticket banks had been unable to settle on-line or on-line in a timely manner. The company has put in place special management systems and measures to deal with the situation, which will be strengthened in the future, and will maintain active communication with banks and voters to avoid similar incidents. As previously reported in the Chinese Securities Bulletin, the customer manager of the requisitioner’s securities had recently stated in a microscopic group that herders’ shares might be thunderbolts, leading to a continuing decline in the stock price of herders’ shares. This year, attention has been drawn to the issue of the flow of funds for herds’ shares. On 19 October, herds’ shares published a plan to raise funds for the collection of public shares, with an increase of up to 6 billion yuan in the amount of $40.21 million in the amount of the shareholders’ shareholdings, all of which will be used to replenish the flow of funds, after deducting the issuance costs. It is a matter of concern that, as the subject of the debt, the tradable debt was the only source of financing obtained by herds in the open bond market this year. The financial data show that, in the third quarter of 2021, the company achieved a profit of $14.44 billion, a decrease of 18.68 per cent, and a net profit of $8.22 billion, a decrease of 108.05 per cent. During the first three quarters of this year, herds of $5.682 billion, an increase of 43.71 per cent, and a net profit of $8.704 billion, a decrease of 58.53 per cent, were lost by the same parent; and net profit deductions of $8.65 billion, a decrease of 58.74 per cent. In response to concerns about the three-quarters deficit in the performance of Shinwon shares, CIC noted that the company’s owner’s interests had declined at the end of September, and the debt size had continued to increase, raising the asset-liability ratio to 57.77% at the end of the same year; the monetary fund at the end of the same period was $9.95 billion and the short-term debt was $32.257 billion, subject to some short-term debt-servicing pressure. At the same time, the company was investing in a project to build a pig farm on a large scale and faced certain capital-expenditure pressures, and the debt would rise further, and in the future the company would adjust its investment plan for the construction project in the light of the actual situation. In September 2021, the average sale price of the company’s commodity pig was $11.49/kg, with a 17.46% decline in the ring ratio, and if the average price of the sale in the fourth quarter was still below the cost price, the company would continue to lose in the fourth quarter. For more information please download Finance APP 21

Note: This is a translated version of the Chinese news media article. A mature and nuanced reading is suggested.

Recent related articles

New breakthroughs have been made in the institutional opening of the capital market

2022-08-08: Turn on the e-news and see the good pictures. As the country expands its financial openness, a growing number of “trains” operate between the A-share market and the offshore markets, the latest of which is the Sino-Swiss Stock Market Connected Deposit Certificate. On July 28, the Sino-Swee…

From "access" to "open to traffic"

2022-08-08: Our Internet protocol, version 6, has been deployed on a large scale, and the web “highway” has been fully built — From "access" to "traffic" (Technology View) Journalists learned from the launch of the first IIPv6 technology innovation competition: In recent years, our country's IPv6…

There are many ways to prevent and control risks in listing and financing. The first tax compliance tax lawyer network

2022-08-08: On October 10, a meeting took place between the first “synchronous split” company, the Russian-Soviet Syndicate. The breakup was once again the focus of attention in the market, along with the opening of the door to the market. In addition to de-marketing, the usual listing routes include direct…

Pink Floyd founder says Taiwan is part of China satirizes CNN host: go read

2022-08-08: In a recent interview with the American media CNN, the famous English rock band Pink Floyd, singer Roger Waters, said that Taiwan was part of China and that he said to the host Michael Smock: "If you don’t know, then you don’t read enough. Go and read." Following a visit to the United States…

Taiwan Navy Exercise・August 7th︱The Eastern Theater said "Continue the exercise", but the end time of the military exercise has not been announced

2022-08-08: After the visit of the United States House of Assembly President Pelosi (also translated into Perrosi, Pelosi, Polosi, Nancy Pelosi), the Liberation Army announced that it would perform on the Taiwan Rim between 12 and 7 August. On 7 August, in the eastern war zone of the Liberation Army, it was…

Experts have something to say : U.S. experts: If the United States and China start an arms race, no one can be alone

2022-08-08: The visit to Taiwan on August 3 by US Congress President Nancy Pelosi, and China’s counter-attack with a round-the-clock military show, raised concerns, whether the Chinese-American military reserve competition would go up, and how much the global situation would be affected. The interview was…

Inner Mongolia Mongolian Medicine Hospital Consortium was established in Hohhot-News-Tianya Pharmaceutical Network

2022-08-08: On 26 February, a consortium of medical and medical hospitals in Inner Mongolia, led by the International Mon Medical Hospital in Inner Mongolia, the Central Medical Hospital in the Inner Mongolia Autonomous Region, and the Auxiliary Hospital of the Inner Mongolia National University, is being…

Ge Xiaobo, Chairman and President of Guolian Securities: Adhere to the "going" cultural system to promote high-quality development

2022-08-08: In an interview with a journalist from the Chinese Stock Exchange, the President and Managing Director of the Federation Securities Company Ltd. (the “Union of Nations Securities”) stated that culture is a composite expression of strategic positioning, development philosophy, value orientation,…

The Mianyang team won the cup, and the three-ball Sichuan City League (football) women's team ended perfectly-Sichuan Economic Net-Economic Portal

2022-08-08: On 6 August, the Sichuan Economics Network (journalist Wang Xiaoying Man/Tum) held the final round of the three-ball Chinese City Cup competition and the three-ball Sichuan City Women's Group final round of the Sichuan City Tournament (Soccer Project), which was held at the Jiangyi City Sports…

Highlights of important announcements on the evening of August 5-7

2022-08-07: Distortion of sleep dragons: Smaller share of Tesla-related business The company's main business is electrical power and control, power cells, photovoltaic storage, etc., which are mainly industrial and power-driven, day-to-day power and control and electrical traffic. The company provides Tesla…

Recent related articles

New breakthroughs have been made in the institutional opening of the capital market

2022-08-08: Turn on the e-news and see the good pictures. As the country expands its financial openness, a growing number of “trains” operate between the A-share market and the offshore markets, the latest of which is the Sino-Swiss Stock Market Connected Deposit Certificate. On July 28, the Sino-Swee…

From "access" to "open to traffic"

2022-08-08: Our Internet protocol, version 6, has been deployed on a large scale, and the web “highway” has been fully built — From "access" to "traffic" (Technology View) Journalists learned from the launch of the first IIPv6 technology innovation competition: In recent years, our country's IPv6…

There are many ways to prevent and control risks in listing and financing. The first tax compliance tax lawyer network

2022-08-08: On October 10, a meeting took place between the first “synchronous split” company, the Russian-Soviet Syndicate. The breakup was once again the focus of attention in the market, along with the opening of the door to the market. In addition to de-marketing, the usual listing routes include direct…

Pink Floyd founder says Taiwan is part of China satirizes CNN host: go read

2022-08-08: In a recent interview with the American media CNN, the famous English rock band Pink Floyd, singer Roger Waters, said that Taiwan was part of China and that he said to the host Michael Smock: "If you don’t know, then you don’t read enough. Go and read." Following a visit to the United States…

Taiwan Navy Exercise・August 7th︱The Eastern Theater said "Continue the exercise", but the end time of the military exercise has not been announced

2022-08-08: After the visit of the United States House of Assembly President Pelosi (also translated into Perrosi, Pelosi, Polosi, Nancy Pelosi), the Liberation Army announced that it would perform on the Taiwan Rim between 12 and 7 August. On 7 August, in the eastern war zone of the Liberation Army, it was…

Experts have something to say : U.S. experts: If the United States and China start an arms race, no one can be alone

2022-08-08: The visit to Taiwan on August 3 by US Congress President Nancy Pelosi, and China’s counter-attack with a round-the-clock military show, raised concerns, whether the Chinese-American military reserve competition would go up, and how much the global situation would be affected. The interview was…

Inner Mongolia Mongolian Medicine Hospital Consortium was established in Hohhot-News-Tianya Pharmaceutical Network

2022-08-08: On 26 February, a consortium of medical and medical hospitals in Inner Mongolia, led by the International Mon Medical Hospital in Inner Mongolia, the Central Medical Hospital in the Inner Mongolia Autonomous Region, and the Auxiliary Hospital of the Inner Mongolia National University, is being…

Ge Xiaobo, Chairman and President of Guolian Securities: Adhere to the "going" cultural system to promote high-quality development

2022-08-08: In an interview with a journalist from the Chinese Stock Exchange, the President and Managing Director of the Federation Securities Company Ltd. (the “Union of Nations Securities”) stated that culture is a composite expression of strategic positioning, development philosophy, value orientation,…

The Mianyang team won the cup, and the three-ball Sichuan City League (football) women's team ended perfectly-Sichuan Economic Net-Economic Portal

2022-08-08: On 6 August, the Sichuan Economics Network (journalist Wang Xiaoying Man/Tum) held the final round of the three-ball Chinese City Cup competition and the three-ball Sichuan City Women's Group final round of the Sichuan City Tournament (Soccer Project), which was held at the Jiangyi City Sports…

Highlights of important announcements on the evening of August 5-7

2022-08-07: Distortion of sleep dragons: Smaller share of Tesla-related business The company's main business is electrical power and control, power cells, photovoltaic storage, etc., which are mainly industrial and power-driven, day-to-day power and control and electrical traffic. The company provides Tesla…