Home » Meta Universe Concept Stocks Meisheng Culture received 6 consecutive daily limit independent directors overnight to verify that the actual controller has capital occupation | Meisheng Culture |

Meta Universe Concept Stocks Meisheng Culture received 6 consecutive daily limit independent directors overnight to verify that the actual controller has capital occupation | Meisheng Culture |

by admin


Original title: Meta universe concept stock Meisheng Culture received 6 daily limit independent directors overnight to verify that the actual controller has funds occupation

[TechWeb]On December 14th, Legg Mason Culture disclosed the “Announcement on Abnormal Fluctuations in Stock Trading”, the company’s stock trading prices increased in closing prices for three consecutive trading days on December 12, December 13, and December 14, 2021 The accumulated deviation value reached 29.41%. According to the relevant regulations of the Shenzhen Stock Exchange, it is a situation of abnormal stock fluctuations.

Meisheng Culture stated that after inspection, the company has not found any undisclosed material information reported by public media that may or has had a significant impact on the company’s stock trading prices; there have been no major changes in the company’s operating conditions and internal and external operating environment recently; the company, The controlling shareholders and actual controllers have no major matters that should be disclosed but not disclosed about the company, or major matters that are in the planning stage.

According to the Shanghai Securities News, on December 14, Legg Mason’s daily limit reached five. In just 5 trading days, Meisheng Culture has gained more than 60% cumulative increase, and the company’s market value has jumped from about 4 billion yuan to 6.3 billion yuan. Today, Legg Mason Culture’s intraday daily limit has been closed for 6 consecutive daily limits. As of press time, the stock reported 7.67 yuan, and the latest A-share market value reached 6.976 billion yuan.

Meisheng Culture is an ecological cultural enterprise, established in June 2002 and listed on the Shenzhen Stock Exchange in September 2012, mainly involved in the design, development and production of IP derivatives, animation, publicity, games, film and television, etc. . On October 28 this year, Legg Mason Culture responded to investors’ questions on Shenzhen Stock Exchange, “The company began to deploy AR/VR industry in 2015 and 2016. Yuan Universe (Shenzhen) Industrial Group Co., Ltd. is The subsidiary.” Mosaic Culture is therefore regarded by the market as one of the concept stocks of Meta Universe, and its stock price has been smashed by hot money.

See also  Nouriel Roubini warns the Fed, here is how far it will have to raise rates to tame inflation

However, Legg Mason Culture was recently discovered that the actual controller was suspected of capital appropriation or transfer of benefits. According to the enterprise search APP, the major shareholder of Legg Mason Culture is Legg Mason Holdings Group Co., Ltd. (hereinafter referred to as “Morgsun Holdings”). The latter is controlled by Zhao Xiaoqiang, who directly holds 11.59% of the shares of Legg Mason.

On December 11, Legg Mason Culture issued an announcement stating that from 1 to 9 months of this year, Legg Mason Holdings had occupied a total of 770 million yuan in Legg Mason’s cultural funds, of which 4.62 funds were occupied by direct transfers to the controlling shareholder and its related parties. Billion yuan, 244 million yuan was occupied through foreign investment, 3.4834 million yuan was occupied by borrowing from suppliers, and 60 million yuan was occupied through borrowing by related parties to return to controlling shareholders. As of the end of September, the returned amount was 301 million yuan and the unreturned amount was 468 million yuan.

According to the Qicha app, both Legg Mason Holdings and Zhao Xiaoqiang have been executed and have been restricted from high consumption many times.

It is worth mentioning that on December 11, when the three independent directors of Legg Mason Culture responded to the inquiry letter of the Shenzhen Stock Exchange’s 2021 third quarter report, they directly pointed out in the announcement, “At 5 pm on December 9, the company’s first Informed the three independent directors of the Shenzhen Stock Exchange’s listed company management department to send an inquiry letter on October 27 this year. After learning, our three independent directors checked and verified overnight. Based on the information currently available, we believe that these six investments belong to The company deliberately violated regulations in order to achieve the purpose of the actual controller’s capital occupation or benefit transfer.”

See also  Olive growing without young people, only 5% of companies are managed by under 40s

The three independent directors also stated, “Our independent directors on the board of directors repeatedly asked whether the company had any irregularities in response to the sharp increase in the balance of current accounts and the balance of investment in other equity instruments, which were denied by the executive directors and senior management. When the third quarter report was reviewed. Lei Xintu, the independent director and director of the audit committee, focused on the above questions and asked the internal executive directors and the head of finance, which also received a negative response. On the board of directors, the independent director reminded and warned the company’s internal executive directors and the person in charge of finance that the behavior of the company must be consistent. Regulations are legal.”

Previously, on December 7, Legg Mason Culture announced that due to the failure to establish a sound and effective implementation of the internal control system, a large amount of funds was illegally occupied by the controlling shareholder for non-operating purposes. The amount involved was huge and the market impact was bad. The Shenzhen Stock Exchange Decided to publicly condemn the company and its controlling shareholder Meisheng Holding Group Co., Ltd., actual controller Zhao Xiaoqiang, chairman Zhu Yanyi, general manager Yuan Xianmiao, and financial director Shi Junlong.


.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy