Value is nearly 6 billion, 300,000 tons of copper concentrate is bizarre "missing"!what happened?This listed company responded urgently: Public security organs have filed a case for investigation

Author:Daily Economic News Time:2022.08.16

Recently, the "Qinhuangdao Port Copper Sein Following Contract" has continued to ferment, and 300,000 tons of copper sedental mines worth 6 billion yuan was transported away by third parties without the consent of the owner.

On August 15th, Qinang Co., Ltd. (SH601326, stock price was 276 yuan, and a market value of 15.42 billion yuan) released a "Clear Announcement on Media Report". The announcement stated that the company did not participate in this trade dispute or as the defendant, " Enter the proceedings.

Will Qingang shares responsible for Qinhuangdao Port operation will be affected by breach of contract? What is the core figure of the incident?

"No obligation to further verify the owner's identity"

At the beginning of August this year, the 13 million tons of copper concentration of Qinhuangdao Port suddenly "disappeared". According to the First Finance and Economics, these copper sedentum was transported by third party Liu Yu.

How did the goods "disappear"? According to reports, it was reported that the freight company called the cargo owner and said that there was a problem with the goods. What is a freight forwarding company? Simply put, it is to accept the company's entrustment to help customers complete the company's transportation of certain links. These links include customs declaration, acceptance, receipt, and so on.

The cargo generation company related to this incident is two companies, China Qinhuangdao Foreign Run Agency Co., Ltd. (hereinafter referred to as "Qinhuangdao Foreign Run Agent Company"), and Qinhuangdao Foreign Logistics Co., Ltd. (hereinafter referred to as "Qinhuangdao Outside Logistics Company").

In addition, it provides port operation services (referring to unloading goods, warehousing, etc.) in this incident is Qinang Co., Ltd., a listed company, and Hebei Port Group Co., Ltd., the same controlling shareholder of the two cargo generation companies.

It is understood that Qin and Hong Kong Co., Ltd. is one of the most important ore doctoral operators in the Bohai Rim region. Storage, transportation and logistics services.

Image source: Photo Network -id: 307715491 (unrelated graphic)

Qixinbao showed that the Qinhuangdao Logistics Company was a wholly -owned subsidiary of Qinhuangdao Ferry Agency Company, and the actual controller of the latter was Hebei Port Group Co., Ltd. (hereinafter referred to as "Hebei Port Group"). As of the end of 2021, Hebei Port Group's shareholding of Qingang Co., Ltd. reached 54.27%, which was also the actual controller of listed companies.

So, since Qingang shares are responsible for the above -mentioned customs declaration and cargo storage of copper concentrates, and the same actual controller as the two freight forwarding companies, will the "missing" incident of this copper concentrate affect the Qingang shares this time? Woolen cloth?

Qingang shared four points in the announcement: After preliminary verification, the public security organs have conducted investigation of the incident; the other is that the company has not participated in this trade dispute, and the company has not entered the lawsuit procedure as the defendant; As a port enterprise, the port enterprise provides port operation services, and signs the two parties with the freight forwarding company. According to the instructions of the freight forwarding company, it is not obliged to further verify the actual owner's identity and obtain the consent of the owner; Limited, but the two cargo generation companies have no equity relationship with the company, and Liu Yu has nothing to do with the company.

What is the impact of breach of contract? On the evening of August 15th, Xiamen Xiangyu (SH600057, stock price was 8.56 yuan, and the market value was 19.295 billion yuan). The secretary Liao Jie responded to reporters through WeChat that Xiamen Xiangyu has responded on the investor platform. As early as August 4th, some investors asked Xiamen Xiangyu interactively: "Last night, 300,000 tons of copper concentrate mines in Qinhuangdao reported that 12 state -owned enterprises were opened on behalf of the certificate. ? "Xiamen Xiangyu replied:" The company does not involve 300,000 tons of copper concentrate mines in Qinhuangdao. The incident has no effect on the company's daily operations. "

Luoyang's molybdenum (SH603993, the stock price of 5.53 yuan, and a market value of 119.444 billion yuan) also stated on the investor interactive platform that the company and IXM did not involve Qinhuangdao copper concentrate mines, which had no impact on the company's operation and performance.

However, a research report on August 7 stated on August 7 that Qinhuangdao Port Copper Sein Mine's defaults continued to ferment, which had a bad impact on the copper industry, and some sellers immediately sold the spot of Qinhuangdao Port.

It can be seen from the "resale" that the incident may trigger a "crisis of trust" in Qinhuangdao Port.

So, how did Liu Yu turn away from copper concentrate? According to First Financial, copper concentrate was transferred by Liu Yu and its affiliated parties. Liu Yu's actual control of Ningbo He Sheng International Trade Co., Ltd. and Huludao Ruisheng Trading Co., Ltd. were accused of involving it.

According to Qixinbao data, Liu Yu is also a shareholder of many companies such as Shenzhen Ruizheng Chenyang Trading Co., Ltd. (hereinafter referred to as "Ruizhou Chenyang"). On the evening of August 15th, the reporter repeatedly called Rui Chengchen's two business calls, but no one answered.

(This article does not constitute investment suggestions, the risk of operation according to this)

Reporter | An Yufei Zhao Li Nan Editor | Yang Xia Sun Zhicheng Dubo

School Division | Wang Yuelong