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Henan Lushan Regal increased its holdings of A-share listed companies, and its huge asset territory was exposed

author:Great River Network

On February 21, Dengyun Co., Ltd., an A-share listed company, issued the Indicative Announcement on changes in the Company's Equity and proposed changes in the Company's control. After the completion of this equity change, the controlling shareholder of the company will be changed to Yike Zhengrun, and the actual controller of Yike Zhengrun is Yang Tao, a rich man in Lushan, Henan.

| Dahe Newspaper, Reporter of Dahe Financial Cube, Ling Yan

On February 21, Huaiji Dengyun Auto Parts Co., Ltd. (hereinafter referred to as Dengyun Shares), an A-share listed company, announced that the nine shareholders of the company intend to transfer their aggregate holdings of 6239416 shares of the company's ordinary unlimited sale and circulation shares to Yike Zhengrun Investment Group Co., Ltd. (hereinafter referred to as Yike Zhengrun).

Henan Lushan Regal increased its holdings of A-share listed companies, and its huge asset territory was exposed

After the completion of this transaction, the share ratio of Yike Zhengrun's shares in Dengyun increased from the previous 14.84% to 21.63%, becoming the controlling shareholder of Dengyun shares.

The reporter of Dahe Bao and Dahe Caifang learned that Yang Tao, the actual controller of Yike Zhengrun, is a native of Lushan, Henan, who started with alumina, and then went to Beijing to start a business and turned to the field of financial investment.

Increase the shareholding of the listed company to become the controlling shareholder

According to the announcement of the change of rights and interests and the proposed change of control issued by Dengyun Shares on February 21, Zhang Tao, Ou Hongxian, Li Pansheng, Luo Tianyou, Li Qu, Huang Shusheng, Chen Chaohan, Mo Qiaocai and Deng Jianxiong (hereinafter referred to as the nine shareholders) signed the Share Transfer Agreement with Yike Zhengrun on February 20, intending to transfer 6239416 shares of the company's shares held by them (accounting for 6.78% of the total share capital of the company) to Yike Zhengrun.

Before the change of rights, Yike Zhengrun held 13655926 shares of Dengyun shares, accounting for 14.84% of the total share capital of the company, which was a shareholder of more than 5% of the company's shares and the largest shareholder of the company's single shareholding; after this equity change, Yike Zhengrun held 19895342 shares of Dengyun shares, accounting for 21.63% of the company's total share capital. After the completion of this equity change, the controlling shareholder of the company will be changed to Yike Zhengrun, and the actual controller of the company will be changed to Mr. Yang Tao, the actual controller of Yike Zhengrun.

It is understood that Dengyun co., Ltd. focuses on the research and development, production and sales of automotive engine intake and exhaust valve series products. Products are widely used in automobiles, motorcycles, agricultural machinery, construction machinery, ships, railway internal combustion engines, oil drilling rigs and internal combustion engine generator sets and other fields.

The reporter of Dahe News and Dahe Caifang learned that as early as 1 year ago, Yike Zhengrun raised a card on Dengyun shares.

In February 2018, Dengyun co., Ltd. announced that due to "optimism about the automotive industry and the future growth of Dengyun shares", Yike Zhengrun Financial Holdings Investment Group Co., Ltd. (Yike Zhengrun formerly known as Yike Zhengrun) increased its holding of 4.6 million shares of Dengyun shares in a centralized bidding method of the Shenzhen Stock Exchange, accounting for 5% of the total share capital of Dengyun shares.

Henan Lushan Regal increased its holdings of A-share listed companies, and its huge asset territory was exposed

Yike Zhengrun said that from the perspective of improving the asset quality of listed companies and enhancing the sustainable development ability and profitability of listed companies, it is planned to seek suitable profitable assets and new profit growth points for listed companies in the next 12 months.

It has invested in well-known companies such as Fed Securities and Northern Trust

According to the official website of Yike Zhengrun, it was founded in 2007 and headquartered in Beijing, is an investment holding enterprise with three-dimensional development of venture capital, mining investment and wealth management, covering wealth management, mining, new energy, Internet and biomedicine and other fields, and the company's net assets are nearly 10 billion yuan.

According to public information, Yike Zhengrun's subsidiaries include Beijing Wells Fargo Chase Fund Sales Co., Ltd. and Beijing Zhengrun Investment Group Co., Ltd. In addition to investing in Dengyun shares, Yike Zhengrun also invested in Companies such as Fed Securities, Luojia Deyi, Zhongke Ecology, Jie'an Hi-Tech, and Northern Trust.

On November 20, 2018, Yike Zhengrun signed a contract with Northern International Trust Co., Ltd., and together with Rizhao Iron and Steel Holding Group Co., Ltd. and Shanghai Zhongtong Ruide Investment Group Co., Ltd., became a new shareholder of the mixed reform of Northern Trust, with a total of 50.07% of the equity transferred.

While Yike Zhengrun has vigorously expanded, its asset scale and operating performance in recent years have shown obvious fluctuations. From 2015 to 2017, the total assets of Yike Zhengrun were 4.27 billion yuan, 11.18 billion yuan and 22.58 billion yuan, respectively, and the asset-liability ratio also increased from 20.05% to 56.56%.

During the same period, the operating income of Yike Zhengrun increased from 4.2477 million yuan in 2015 to 425 million yuan in 2017. However, its net profit decreased from 549 million yuan in 2015 to 355 million yuan in 2017.

According to the unaudited financial statements of Yike Zhengrun in 2018, the total assets are 23.98 billion yuan, the asset-liability ratio is 59.85%, and the operating income is 720 million yuan and 36.698 million yuan.

The huge asset territory was exposed, and his father had successively founded a coking plant and a chemical factory

It is understood that in the private capital circle of Beijing, the history of Yike Zhengrun's fortune has attracted much attention.

The reporter of Dahe Bao and Dahe Financial Cube learned from the detailed equity change report of Dengyun Shares and other channels that the huge asset territory of Yike Zhengrun involved Manyingshan, Henan Pingdingshan, Beijing, Shandong, Tianjin, Guangdong and other places.

According to people familiar with the matter, Yang Tao's father, Yang Genshui, was an early shareholder and chairman of Yike Zhengrun, and was awarded the title of "Excellent Private Entrepreneur of Henan Province", but he died a few years ago.

"Yanggen Shuiyuan is an ordinary farmer who has founded a number of enterprises such as coking plants and chemical factories, and through his own efforts, he has become a well-known entrepreneur step by step, making great contributions to the local economic prosperity." The person familiar with the matter said.

Although Yang Genshui has passed away, the legend of his wealth accumulation has been repeatedly told by locals.

In October 1993, Henan Huiyuan Chemical Industry Co., Ltd. (hereinafter referred to as Huiyuan Chemical), founded by Yang Genshui, broke ground in Liangwa Town, Lushan County, thus opening the door to wealth.

In 2003, Yang Genshui invested 600 million yuan to launch a 300,000-ton alumina project, becoming the first private alumina enterprise in China.

According to informed sources, in 2005, the fiscal revenue of Lushan County exceeded 100 million yuan for the first time, and the profits and taxes paid by Huiyuan Chemical Company were more than 80 million yuan. "If the staff of various administrative units in Lushan County get a salary of 100 yuan, more than 80 yuan is from Huiyuan Chemical." It can be seen that the scale of Huiyuan Chemical at that time was large and the profitability was good.

At the end of 2007, Henan Huiyuan Chemical Industry Co., Ltd. and Henan Nonferrous Metals Holding Co., Ltd. reorganized their assets and changed their name to Henan Nonferrous Metals Aluminum Co., Ltd.; in 2009, Shenhuo Group held absolute control over Henan Nonferrous Metals Holdings Co., Ltd.

For this period of history, some insiders said that after the overall trading of Shenhuo shares, Yang Genshui, as a participating shareholder, gave up the equity of the alumina project and went to Beijing to start a new business, and the business turned to the field of financial investment.

In recent years, Yike Zhengrun has made judgments on the five major trends of "consumption China", "wisdom China", "wealth China", "mergers and acquisitions in China" and "high-end China" in the future economic situation of Chinese society. "Taking the wealth management business as the focus of the group's strategic development in the future, we are determined to be the changers, promoters and leaders of the ecology of China's wealth management industry, and to be a century-old enterprise with sustainable operation."