Chinanews client, Beijing, July 16 (Zuo Yuqing) "Huang Hongyun has unilaterally violated the terms of commitment of the concerted person agreement signed with me, and unilaterally terminated the concerted person agreement signed with me by his actions."

  On July 8, an "open letter to all employees of Jinke" was circulated on the Internet. The open letter was signed by Tao Hongya, the ex-wife of Huang Hongyun, the founder and actual controller of Jinke.

"An Open Letter to All Employees of Jinke" was posted online and signed Tao Hongya.

  From the "real estate couples" who fought side by side in the past, to the tearing up of the agreement to lift the concerted action, Huang Hongyun and Tao Hongya staged a sitcom similar to Dangdang.

Once divorced without reducing the "comradeship"

  After the above-mentioned open letter was spread, on July 9, Jinke shares issued a reminder announcement of changes in shareholders’ equity, stating that the company’s shareholder Tao Hongxia sent the "Letter on the Release of the Concerted Action Agreement within a Time Limit" by way of EMS postal express. .

The company verified with the actual controller Huang Hongyun in accordance with the requirements of the letter.

  According to the announcement, Jinke shares received a reply from Huang Hongyun on July 8. Huang Hongyun stated that he did not have the subjective willingness to terminate the relationship of concerted action with Tao Hongya, but he fully respects Tao Hongya's opinions.

Huang Hongyun, Chairman of the Board of Jinke Holdings.

From Jinke's official website

  So far, the conflict between Huang Hongyun and Tao Hongya was brought to the front of the stage.

However, what is embarrassing is that just before, the two teamed up to defeat Sun Hongbin and firmly grasped the control of Jinke shares.

  In 2011, at the initial stage of Jinke's backdoor listing, Huang Hongyun and his wife held 58.96% of the company's shares. They were worth second only to Longfor Real Estate's Wu Yajun and his wife, and ranked second in Chongqing's rich list.

However, with the continuous cash reduction, by November 2016, Huang Hongyun and his wife held only 26% of Jinke shares.

  At this time, Hongbin Sun and his Sunac China showed a keen interest in Jinke.

Since September 2016, Sunac has continued to increase its holdings of Jinke shares.

In January 2017, Sunac became the second largest shareholder of Jinke shares with a shareholding ratio of 23.15%.

  On October 25, 2018, Jinke issued an announcement stating that as of the day's close, Sunac China held 27.6783% of the company's total share capital.

This means that Sunac’s shareholding ratio has surpassed the 27.6781% shareholding ratio of Jinke’s actual controller Huang Hongyun and its concerted actors, and the disparity between the two parties is only 0.0002%.

  During this period, Huang Hongyun and Tao Hongxia formally divorced in 2017, but in order to maintain the stability of the equity, the two issued the "Announcement on the Dissolution of Joint Control Relationship and the Signing of a Concerted Action Agreement."

According to the agreement, the two persons will act in concert on major matters related to the operation and development of Jinke shares, such as the exercise of the right of proposal to the general meeting of shareholders and the board of directors and the exercise of the right of proposal and voting rights at the general meeting of shareholders and the board of directors.

  Since then, Huang Hongyun also formed a concerted action with his daughter Huang Sishi, and eventually regained his position as the largest shareholder.

  In the face of "concerted persons" that Jinke is difficult to break through, in April 2020, Sunac transferred most of its equity to Guangdong Hongmin.

At this time, Huang Hongyun and others finally established their position as actual controllers.

  On June 28, 2021, when Jinke announced that Huang Hongyun and Tao Hongya had completed the transfer registration of the divorce equity distribution, it also emphasized that the two parties had signed the "Concert Agreement", indicating that the two parties are still acting in concert.

At the same time, if the shares held by Tao Hongya need to be transferred, the transfer must be given priority to Huang Hongyun.

On June 28, Jinke Co., Ltd. issued the "Announcement on the Progress of Changes in Shareholders' Equity and the Completion of Share Transfer Registration"

  However, I did not expect that only 10 days later, the relationship between the two parties would face collapse.

Fired your brother-in-law and angered the ex-wife?

  In the "Open Letter to All Jinke Employees" published on July 8, Tao Hongxia stated, "Since I divorced Huang Hongyun in March 2017, he has delayed in every possible way the equity split of Jinke Financial Holdings until 2021. On the morning of June 28, 2008, the relevant equity splitting transfer was completed. However, on the afternoon of the same day, Huang Hongyun manipulated Jinke Group and directly removed all positions of my brothers Tao Guolin and Tao Jian."

  According to many media reports, Tao Guolin and Tao Jian are both the younger brothers of Tao Hongya. Before leaving, Tao Jian was Assistant to the President of Jinke and General Manager of the Tendering and Procurement Center. Prior to this, he served as the marketing director of Jinke Group and Chongqing regional marketing director. ; Tao Guolin is the director of the Jinke Supervisory Committee.

  In response, Jinke shares issued a statement on the same day, saying, “The company’s removal of Tao Guolin and Tao Jian’s positions and termination of the labor relationship is based on the above two people’s repeated absenteeism, long-term part-time work outside, partnership with others, or equity participation in the company and serving as legal representatives , Directors, managers and other important positions, the company made decisions on serious violations of the company system in accordance with labor laws and regulations and company systems."

Statement issued on Jinke's official website on July 8.

  After receiving the "Letter Regarding the Release of the "Concert Action Agreement" within a Time Limit" sent by Tao Hongxia, on July 9th, Jinke shares stated in the reminder announcement of changes in shareholders’ equity that if the two parties terminate the concerted action relationship, Huang Hongyun actually has 20.54% of the company's voting shares at its disposal.

Huang Hongyun and those acting in concert are still the shareholders who control the largest number of voting rights in the company.

  "Huang Hongyun and Tao Hongya's release of concerted action will not cause changes in the company's controlling shareholders and actual controllers, will not involve changes in the company's control rights, will not have a significant adverse impact on the company's production and operations, and will not harm the company and the interests of small and medium shareholders. "Jinke shares said.

"Real estate couple" tore their faces, Shenzhen Stock Exchange issued a letter of concern

  The sales announcement of Jinke shares disclosed on July 12 showed that in the first half of 2021, the sales amount was about 102.1 billion yuan, and the real estate sales area was about 10.05 million square meters.

  Affected by the above-mentioned events, Jinke shares closed at 5.08 yuan on July 9 and fell 11.34%, and fell by 4.72% on July 10.

On July 15, Jinke shares rebounded and rose 2.66% to close at 5.01 yuan.

The daily chart of Jinke shares stock price.

  In the face of matters arising from Jinke shares, the Shenzhen Stock Exchange issued a letter of concern to Jinke shares on July 13, requesting Jinke shares to supplement the disclosure of the specific content of the "Letter on Issuing within a Time Limit to Resolve the Agreement on Concerted Action", stating that Huang Hongyun and Does Tao Hongxia have other undisclosed equity-related agreements and arrangements?

  In addition, according to the announcement of Jinke shares, Jinke shares received written documents from major shareholders on July 8, 2021. In order to protect and consolidate Huang Hongyun’s actual control position over Jinke shares, when Huang Hongyun has actual control over Jinke shares, In the case where the proportion of the shares that dominate the voting rights is less than or equal to 20.5425%, the major shareholder entrusts the voting rights of the 6% of the company's shares to Huang Hongyun for exercise, and the validity period is five years.

  In this regard, the Shenzhen Stock Exchange requires it to state the name of the main shareholder, whether there is an association with the company, the actual controller, the directors, supervisors, and senior executives, whether the relevant written documents are legally valid and constitute a commitment, the main shareholder’s remaining shareholding ratio, and related Whether the voting rights entrusted matters trigger the obligation of shareholders to tender for acquisition.

Screenshot of the Shenzhen Stock Exchange's Concern Letter.

  As a matter of fact, this is not the first time a dissolution dispute has arisen among "husband and wife files" in the business world.

The divorce equity distribution between Huang Hongyun and Tao Hongya took 4 years to complete, and the dispute between the chairman and CEO of Dangdang, Yu Yu and her husband Li Guoqing was even more "feelings of the same place." "The Cup" and other events are still fresh in my memory.

  What do you think about "husband and wife" doing business? (Finish)