Chen Shuming's business scriptures: Dongshun Group's bankruptcy and reorganization, Guanjun International is busy acquisition

Recently, Shandong Jiexin Paper Co., Ltd., a well -known paper company in Shandong Province, has made the latest progress in bankruptcy and reorganization cases (formerly known as "Dongshun Group").

On June 6, the Dongping County People's Court issued an announcement that nine companies including Shandong Jiexin Paper Co., Ltd. and Shandong Hengshun Investment Co., Ltd., which were accepted by the court, were in essence reorganization. The designated Shandong Jiexin Paper Co., Ltd. and the affiliated enterprise clearing team served as the manager, and Qin Liping was the person in charge.

The announcement shows that the person in charge after the adjustment has been changed from Qin Liping to Li Ruzhi. Li Ruzhi is the deputy director of the Shandong Zhongcheng Qingtai (Jinan) Law Firm. The members of the clearing team changed to the lawyer team of the Shandong Zhongcheng Qingtai (Jinan) Law Firm.

Total debt is 4.424 billion yuan

Jiexin Paper has applied for bankruptcy and reorganization by Credit -owned Dongping County Longshan Ruitai Asset Management Co., Ltd. (hereinafter referred to as "Longshan Ruitai") as early as January 8, 2021.

Legal documents show that Longshan Ruitai cannot claim the debt due to the expired debt on Jeremistory Paper, and it may be obvious that the ability to clear the repayment may be applied for bankruptcy and reorganization from the Tai'an Intermediate People's Court. The Tai'an Intermediate People's Court was reviewed and made (2021) Lu 09 Capital 1 Civil Ruling, which determined that the case was tried by the Dongping County People's Court of Shandong Province.

In May last year, a announcement issued by the Dongping County People's Court showed that it was found that a total of 73 creditors including Jiangsu Nantong Sanjian Group Co., Ltd. declared claims to the manager with a total debt amount of 4.424 billion yuan.

Established in October 2000, Dongshun Group was one of the well -known nationwide domestic paper manufacturers and one of the global sanitary products manufacturers. The brand "Shun Qingrou" was ranked among the brand value of 18.116 billion yuan " The 328th list of China's 500 Value Brand.

Public information shows that Dongshun Group was formerly known as a village -run enterprise -Shilongkou Paper Factory. The site is located in Dachenzhuang Village, Dongping Street. Chen Shuming, who resigned from the Foreign Trade Bureau, made up 400,000 yuan to rescue the company after the three -year -old papermaking company.

With the development and growth of the enterprise step by step, Dongshun Group once sought to land on the domestic capital market. As early as 2011, the Dongshun Group, with the promotion of the local government department, signed a strategic investment contract with Beijing Dongfang Huirong Investment Development Co., Ltd. (hereinafter referred to as Huirong Investment) to carry out capital union to promote Dongshun Group Listing on domestic motherboards.

In April 2014, the Shandong Securities Regulatory Bureau disclosed on its official website that Dongshun Group plans to publicize the listing stocks for the first time and has accepted the counseling of Qilu Securities. However, the listing of this time ended without any illness.

530 million backdoor Hong Kong stocks listed

However, in December 2018, in December 2018, in December 2018, Dongshun Group appeared in Hong Kong.

Chen Shuming's wholly -owned crown international and unanimous actors, Wan Chengcheng, acquired 375 million company shares from Xiangxi and Hongli, accounting for a total of 75%of the joint issuance of all issued shares in the joint announcement date, cost HK $ 1.42 per share.

It cost HK $ 530 million, and Guan Jun International successfully lended back League Holdings, which also finally fulfilled Chen Shuming's listing dream. Public information shows that Guanjun International is registered in the British Virgin Islands and is mainly engaged in investment holding business.

Although the nine companies located in Tai'an Dongping have entered the bankruptcy and reorganization, the savvy Chen Shuming has long been "golden cicada" and has successfully borrowed a listed company in Hong Kong.

As the nine domestic companies are busy with bankruptcy and reorganization, Chen Shuming's actual control of Guan Junjun is busy acquisition of foreign acquisitions.

In July 2021, the announcement issued by Guanjun International said that the company will acquire a 51%of the shares engaged in production and supply of electricity in China through issuing shares in China, construction, management and operating steam and launching stations. The trading consideration is 1.03 1.03 100 million yuan.

Guanjun International said that the company had previously leased the company's factory and equipment for the company at a price of 1.1 million yuan a month. The company's factory and equipment are located in Dongping County Development Zone. In addition to the three land with 50 years of use, the company also has three coal flour boilers, with an annual total steam production capacity of 2,450,000 tons; three steam turbine power generation power generation The annual total power generation is 473,000,000 kilowatts.

Guanjun International also stated that it will provide unsecured loans to the target company through non -full -funded subsidiary Guan Huaying (Shandong) New Energy Co., Ltd., with a total amount of 34 million yuan.

On the one hand, the Dongshun Group, which is bankrupt, and reorganizes, is the busy listed company Guanjun International. Compared with the two aspects, what do the creditors who do not know the creditors who are involved in it?

On May 13th, Guanjun International released the 2021 fiscal annual report. The company achieved operating income of 492 million yuan, a year -on -year decrease of 13.41%, and the net profit attributable to the parent company was 24.361 million yuan, a year -on -year loss, and the loss of 5.27 million yuan in the same period last year.

Although the company has turned a profit, the stock price of Guan Junjun has continued to decline, and now the stock price is less than the highest point.

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