Xinhua Department Store Has Been Favored By Capital Predators.

April 30th

The announcement of the "lifting of the cards" shows that Cui Jun quickly bought shares of the company through two funds. In the face of the barbarian strong knocking, Xinhua Department store did not dare to delay for a moment. The company's stock has been suspended since May 4th.

The "stop word" was used by Ginza shares early this year. The company was quickly suspended after the company was put on the cards to plan for major issues. At the end of April, it launched a massive acquisition of shareholder assets.

Can Xinhua Department block the barbarians at the door?

Raid on Xinhua Department Store

Backtracking announcement, Cui Jun completed the first placards in April 14th, through the Shanghai Bao Yin Chuang win investment and Shanghai trillion win equity investment company's total funds hold 11 million 324 thousand and 800 shares of Xinhua Department store, accounting for 5.0191% of the total share capital of the company, for the first time reached 5% of the total share capital.

"After buying for the first time, Cui Jun quickly raised the shareholding ratio to 10% in 10 short trading days, and completed the two time placards, which should not be thought of including Xinhua Department store."

Zhang Yuefeng, an analyst with Changjiang Securities, said that the market only thought it was only an ordinary overbought bid, and Xinhua Department itself did not pay much attention to it.

Xinhua issued a notice on changes in stockholders' equity in April 30th. It shows that the two companies have increased their holdings of Xinhua Department stores through more than one fund, and as of April 28th, they have held 22 million 563 thousand and 200 shares of Xinhua Department store, accounting for about 10% of the total share capital of the company.

Statistics show that Chuang win investment was established in 2012 with a registered capital of 20 million yuan, while the trillion won equity investment was established in 2014 October, with a registered capital of 200 million yuan.

The directors of both companies are Cui Jun, a natural person.

This reporter noted that since the first time that Cui Jun put forward the Xinhua Department store, the company's share price has risen by 30.75%. Cui Jun's continuous placards in this case did feel pressure on Xinhua Department store.

"Cui Jun didn't have any communication with the top brass for two consecutive occasions.

In response to the media, Xinhua Department also said that the suspension was only due to major issues.

For the suspension is related to the major shareholder of Wuming Holdings Limited, its reply is not yet confirmed.

What does Cui Jun want to do?

The capital market does not seem strange to Cui Jun.

"To a certain extent, Cui Jun is a master of speculation."

Wang Zheng, an analyst at Ruiping securities and financial analyst, told reporters that one of the evidence is that the official website of Chuang win investment was introduced by Cui Jun for several years in the past 5 years, and it was regarded as a classic battle.

In July 2008, Cui Jun summoned many shareholders to "siege" horse industry, and put forward four proposals, such as entering the board of directors and establishing Shanghai investment department. This case is called the first case of domestic private equity funds competing for control of listed companies.

But the outcome of the case is that all the proposals have failed.

In May 2013, Cui sent a letter to the chairman of Huabei high speed company, aiming to realize its investment operation on the 1 billion 600 million yuan idle cash flow of North China Expressway by repurchasing shares, jointly setting up investment department, and winning the investment of its priority products by North China expressway, but Cui Jun finally failed.

Earlier in July 2011, Cui wrote an open letter to Fu Yuning, chairman of China Merchants Bank, to stop the issue of the rights issue of China Merchants Bank, and advised the company to issue H-shares to Buffett.

In August 2012, Cui also published an open letter. He suggested that minority shareholders of the Industrial Bank jointly reject the motion to purchase office building in Lujiazui Central District of Shanghai in the interim shareholders' meeting, and hoped that small and medium-sized shareholders would propose to use the 5 billion stock repurchase company's stock plan.

"Such events as Cui Jun's subsequent participation in the control of the central group have caused no small waves."

Wang Zheng said, however, the proposals are often classified as open letters and so on.

In Wang's view, the purpose of Xinhua's department store is to arouse concern.

"Despite the fact that the department stores are not very prosperous, the price of quality companies is still relatively undervalued, with better investment prospects and less risk."

In an interview with the China Times reporter in May 5th, Wang said that the new department store of Cui Jun was different from the "Mao Ye Department" placards of Ginza shares. Its purpose is to arouse concern and further speculation on share prices.

Behind the placards

"Although the industry is in a difficult pition period, some retail businesses with dispersed ownership, commercial assets and stable cash flow are frequently caught up in industrial capital."

In the view of Liu Jiangyuan, an analyst at Ruijing financial industry, he pointed out that since the logic of placards is logical, Xinhua Department's suspension of business has also become reasonable.

Xinhua stock department shareholders list shows that as of the end of the first quarter of 2015, the controlling shareholder of the company held 60 million 715 thousand and 700 shares of Wumart holding company, accounting for 26.91% of the total share capital.

In addition, the shareholding ratio of the remaining shareholders is not more than 10%.

Analysts also said that although the proportion of Cui Jun's 10% stake would not affect the company's control rights for a time, it would have a certain degree of checks and balances on company management.

"Xinhua Department Store is not the first case."

This reporter told reporters that financial capital has been added to the wrestling of commercial stocks. The big business shares that had been raised by "Mao Ye" were listed in the list of shareholders of a quarterly report this year, and the latter took 4.99% stake in big business shares as the fourth largest shareholder of the company.

It is worth noting that Ampang insurance has become the second largest shareholder of Eurasian Group.

Eurasian Group released a quarterly report shows that as of the end of the first quarter, Ampang has become its second largest shareholder, holding 4.99% of the total share capital.

"Obviously,

Recently, it was once again favored by capital predators.

Zhang Yuefeng road.