Xiao Yongming torture!

The actual controller of the 50 billion lithium ore bull stocks was sentenced!

According to the Red Star Capital Bureau, Tibet Mining (000408.SZ) issued an announcement on the evening of June 30 that the company recently received the actual controller Xiao Yongming's "Criminal Judgment". Four years of probation and a fine of 2 million yuan, 294 million yuan of illegal income was confiscated by the seizure authority and paid the treasury in accordance with the law.

The announcement stated that the content of the case involved in the case involved in the case of the actual controller did not involve the company and will not have a significant impact on the company's production and operation.

On July 1, the stock price of Tibet Mining rose rapidly, and the increase in the market exceeded 7%. As of the afternoon, Tibet Mining rose 6.83%to 35.19 yuan/share, and the company's total market value was 55.616 billion yuan.

01

The crime of illegal mining is sentenced to three slowly

Negotiation of nearly 300 million yuan in illegal income

The Tibet Mining Announcement showed that the Criminal Judgment issued by the People's Court of the Chengxi District of Xining City showed that the defendant Qinghai Coking Coal Company violated the mineral resource law and did not obtain the mining license to minimize coal resources without permission. The company has not obtained mining licenses to mining coal, and is still actively organized or involved, and its behavior constitutes a crime of illegal mining.

The defendant Xiao Yongming committed illegal mining, sentenced to three years in prison, four years of probation, and fined 2 million yuan. At the same time, the illegal income of Shanghai Hongzhu Materials Co., Ltd., which was retired from the defendant Xiao Yongming, retired from the case, was 294 million yuan.

Tibet Mining announced that the above incident was the personal affairs of the actual controller, Mr. Xiao Yongming. Mr. Xiao Yongming did not hold any position in the company and did not participate in any operating decision -making of the company. The company's current management management personnel are stable and the production and operations are normal. The content of the case involved in the case involved in the actual controller, Mr. Xiao Yongming, did not involve the company and will not have a significant impact on the company's production and operation.

The Red Star Capital Bureau noticed that as early as February 23 last year, Tibet Mining announced that Xiao Yongming was taken criminal detention measures by the Qinghai Provincial Public Security Department on January 29, 2021 due to suspected illegal mining.

According to the company's verification, Xiao Yongming acquired 100%equity of Shanghai Hongzhu Materials Co., Ltd. (referred to as Hongzhu Materials) in 2006. Hongzhu Materials holds 40%of Qinghai Coking Coal Industry (Group) Co., Ltd. After the acquisition is completed, Hongzhu Materials has become the shareholder of the coke coke coal coke in Qinghai; in 2011, the Hongzhukan capital transferred all the equity of Qinghai coking coal to Zhenpeng Yixiao (Shanghai) Industrial Development Co., Ltd. And Hongzhu materials no longer hold Qinghai coking coal equity.

02

Once the richest man in Qinghai

Fined 5 years of market ban

Tibet Holdings was established in June 1996. In 2016, Tibet Holdings was listed on the backdoor Golden Valley and was the second largest manufacturer in the domestic potassium chloride industry. Xiao Yongming also skyrocketed. At that time, it ranked 64th nationwide with 26.5 billion yuan in Hurun Rich List, becoming the richest man in Qinghai Province. In 2017, the news of "National Day high -speed is too congested? Ziyang men directly drive the helicopter to go home" have become popular on the Internet. The owner of this helicopter is Xiao Yongming.

However, less than four months later, Xiao Yongming was exposed to news of "worth 18 billion yuan, 22 billion liabilities", and was included in the executed person in the dishonesty, issuing a restricted consumption order.

In April 2019, Tibet Holdings disclosed that major shareholders occupied 2.5 billion yuan in non -operability of listed companies. In June 2019, Xiao Yongming was investigated by the Securities Regulatory Commission for suspected financial fraud and occupation of funds. In November of the same year, Tibet Holdings disclosed an administrative penalty notice. Xiao Yongming was given a warning of 900,000 yuan and fined for 5 years for 5 years. The market is banned. On December 8, 2021, Tibet Holdings was changed to Tibet Mining for short.

In 2019, the wealth of the Xiao Yongming family once shrunk to 14.5 billion yuan, only half at the highest point. However, in the past two years, with the rise of lithium prices, Tibet Holdings' stock price continued to rise. In 2021, the highest rose to more than 40 yuan/share. The Xiao Yongming family once returned to the richest man in Qinghai.

03

Tibet Mining in the first quarter

Net profit growth exceeds 200%

The owner of Tibet ore is the research and development, production and sales of potassium chloride and lithium carbonate. Recently, potassium fertilizer and lithium ore have risen, and Tibet Mining has been popular in the market.

In 2021, the company realized operating income of 3.623 billion yuan, an increase of 90.31%year -on -year; net profit of home mother was 1.427 billion yuan, a year -on -year increase of 523.6%.

In the first quarter of this year, the company's performance continued to grow high, achieving operating income of 1.286 billion yuan, an increase of 199.39%year -on -year; net profit of home mother was 814 million yuan, a year -on -year increase of 221.69%.

This year, potassium chloride and lithium carbonate are high. According to iFind data, the average price of potassium chloride in Qinghai Salt Lake in the first quarter of 2022 was as high as 3653 yuan/ton, an increase of 14.52%month -on -month and 75.82%year -on -year. According to Baichuan Yingfu data, the average price of battery -grade lithium carbonate in the first quarter of 2022 was as high as 432,000 yuan/ton, an increase of 103.63%month -on -month and 475.23%year -on -year.

At the performance briefing meeting in June, Tibigan Mining pointed out that this year is expected to produce 1 million tons of potassium chloride and 10,000 tons of lithium carbonate; in the future, the company will have a mineral area of more than 1,400 square kilometers of salt lake potassium.Effective development of lithium resources, the release of potassium lithium production capacity will effectively increase potassium lithium output.The company's future performance growth is: the company's excavation and efficiency of the company Chalhan Salt Lake, the expected construction of the construction of the exploration after the three exploration rights in the company's name, the expansion of the production of production after the production of the dragon copper industry, the company's investment in the Tibetan Qing FundInvestment project returns (such as Mamica Salt Lake, etc.), as well as the company is conducting foreign mergers and acquisitions or project investment returns.

Source: Red Star News

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