Bailingda once soared 111 times in 4 months Sun Rough Hong turned gloves 1.6 billion

July 30 news, according to reports, in recent years, Hong Kong stocks have emerged a large number of explosive price stocks, some shareholders even jokingly called "demon stocks", the style of low-key shell stocks Sun Rough Hong's Bailingda (2326) is certainly one of the representative shares, the stock price in just 4 months of crazy speculation has soared by 111 times, Sun Rough Hong also naturally "golden cicada out of the shell", according to the data of the Stock Exchange, he has sold his shares on Friday, cashed out 1.6 billion yuan, and earned more than 13 times in 6 years of ownership.

According to Sun's declaration, he sold more than 3.215 billion shares of Bailingda on July 24 at a cash price of 0.5 yuan per share, cashing out nearly 1.608 billion yuan. On the same day, mainland buyer Zhou Qiuhong declared in the name of Ying Sheng Investment and bought more than 3.215 billion shares off the counter at Sun's selling price.

Mainland buyer Zhou Qiuhong took over

Before the sale of Bailingda in this big hand, Sun Rough Hong sold 504 million shares of Bailingda at 0.4 yuan per share in mid-January last year, and cashed out 201.6 million yuan in advance. Sun RoughHong cashed out as much as 1.809 billion yuan in the sale of Bailingda before and after. At present, the major shareholder of Bailingda is Sun Le, holding about 24.65% of the shares, and Zhou Qiuhong is the second largest shareholder.

Compared with his purchase of the equity and debt of the stock for 22 million yuan when he rescued Bailingda as a white samurai in 2009, plus he had spent nearly 65 million yuan to participate in the rights issue in early 2012 and capitalized the loan to the company, involving as much as 37.614 million yuan, his investment cost in Bailingda was only about 125 million yuan. Based on the income he cashed out at The Bailingda, he earned as much as 13.4 times since he entered the Bailingda for 6 years until he got out.

The stock price rose 111 times in 4 months

Before the Bailingda was sold, there were already traces. It was confirmed that the board of directors of the unit was more secretly replaced, and in October 2013, Zhang Honghai, the former vice chairman of Beijing Holdings (0392), was introduced as chairman. By the time the market was hot after April this year, when the second- and third-tier stocks or "demon stocks" were hotly speculated, the stock price had been as high as 2.92 yuan, and the stock price was as low as 0.026 yuan before the debunking, a sharp rise of 111 times.

Bailingda has transformed from the production and sales of kettles and small electrical appliances in the early years to the procurement and sale of metal minerals, supplemented by the original electrical appliance business, and recently the stock plans to deploy and acquire the logistics business of Ningxia Autonomous Region.

Sun's shell stocks on his hands have increased unabated

Before Sun Got involved in the rescue of Bailingda in 2009, he had already participated in the investment and entry of Baoxing Capital (1141) and Yunxi Mining (0263, now known as Gaofu Group). In recent years, he has also participated in the subscription of Shengjing Bank (2066), and separately invested in Huanneng International (1102) and Baolian Holdings (8201), and the shell shares in his hands have continued to increase.