Home » Hesheng New Materials: Actual controller Zhang Wei committed life imprisonment for organizing and leading triad organizations

Hesheng New Materials: Actual controller Zhang Wei committed life imprisonment for organizing and leading triad organizations

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China.com Finance News, November 29, Hesheng New Materials issued an announcement and received a criminal ruling from the actual controller Zhang Wei. Zhang Wei committed the crime of organizing and leading a triad organization, the crime of illegally absorbing public deposits, and the crime of forced trading. He was sentenced to a combined punishment and decided to execute life imprisonment, deprive him of political rights for life, and confiscated all his personal property, with a fine of 12.17 million yuan.

  

The “Criminal Judgment” (2020) Yue 03 Xing Chu No. 487 of the Shenzhen Intermediate People’s Court of Guangdong Province judged as follows:

Defendant Zhang Wei committed the crime of organizing and leading a triad organization and was sentenced to ten years imprisonment and confiscated all personal property; for the crime of illegally absorbing public deposits, he was sentenced to nine years imprisonment and a fine of RMB 500,000;

Committing the crime of forced trading and sentenced to five years imprisonment and fined RMB 500,000;

Committing the crime of intentional injury and sentenced to six months’ imprisonment;

Convicted of illegal detention and sentenced to two years and six months in prison;

Convicted of fraud, sentenced to life imprisonment, deprived of political rights for life, and fined RMB 5 million;

The crime of extortion was sentenced to 15 years in prison and a fine of RMB 5 million;

Convicted of the crime of gathering a crowd to fight, and sentenced to three years in prison;

Convicted of the crime of creating quarrels and provoking troubles, sentenced to seven years in prison and fined RMB 500,000;

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Convicted of the crime of allowing others to take drugs, sentenced to two years in prison and fined RMB 20,000;

The crime of bribery was sentenced to five years in prison and a fine of 650,000 yuan.

He was punished for several crimes, decided to execute life imprisonment, deprived of political rights for life, and confiscated all personal property, with a fine of RMB 12.17 million.

Hesheng New Materials stated that Shenzhen Zhongkechuang Asset Management Co., Ltd. (hereinafter referred to as “Zhongkechuang Assets”), the controlling shareholder of the company, holds 77,667,917 shares of the company, accounting for 31.34% of the company’s total shares.

1. Pledge: The cumulative number of shares pledged by Zhongkechuang Assets is 77,591,217 shares, accounting for 99.90% of the company’s shares held by it, and 31.31% of the company’s total shares;

2. Frozen situation: The total number of shares of Zhongkechuang assets that have been judicially frozen is 77,667,917 shares, accounting for 100.00% of the company’s shares held by it and 31.34% of the company’s total shares.

On November 5th, Hesheng New Materials issued an announcement on the new waiting for the freezing of the controlling shareholder’s shares. The 77,667,917 company shares held by the company’s controlling shareholder, Zhongkechuang Assets Holding Company, have all been held by the Shenzhen Municipal Public Security Bureau on January 10, 2019. The Longgang branch is frozen.

Just the day before, the company received a notice from Mr. Jiang Xueyuan, a person acting in concert with shareholders holding more than 5% of the shares. Mr. Jiang Xueyuan reduced his holding of the company’s shares by 3,000,000 shares through a block transaction on November 3, 2021, accounting for 1.21% of the company’s total share capital. . After this reduction, Mr. Jiang Xueyuan holds a total of 4,500,000 shares of the company, accounting for 1.82% of the company’s total share capital.

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In addition, on September 30, the company’s independent director Mr. Jia Guohua resigned from his position as an independent director of the company’s fifth board of directors due to personal reasons, and at the same time resigned his positions in the nomination committee and audit committee of the company’s board of directors.

The third-quarter financial report shows that in the first three quarters, Hesheng New Materials achieved operating income of 1.646 billion yuan, a year-on-year increase of 33.08%, and realized a net profit of 80,143,800 yuan, a year-on-year increase of 57.5%. Among them, operating income in the third quarter was 520 million yuan, down 0.05% year-on-year, and net profit was 14.6028 million yuan, down 37.8% year-on-year.

(Editor in charge: Han Yijia)

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