Zhongxin Finance, February 12th. On the evening of the 11th, Jinzi Ham responded to the Shenzhen Stock Exchange's inquiry about the commodity futures hedging business and said that the compensation paid by the company's futures traders to the company's account came from his own and his father-in-law Shi Xiongbiao. Owned and self-financed.
Jinzi Ham said that since September 2021, the hog futures index has continued to decline unilaterally from 16,075 points. On September 16, 2021, the hog futures index quickly dropped from 14,172 points at the opening to 13,798 points, and the company's futures traders were under tremendous pressure. , worried about the risk of forced liquidation of the company's position contracts.
On the morning of the same day, futures traders sold a total of 902 hog contracts without asking any members of the futures decision-making group for instructions, and tried to re-establish positions at a lower price, resulting in an actual investment loss of about 44.22 million yuan that day.
The time when futures traders report the above matters to the company and promise to compensate the company for all losses is September 27, 2021.
On September 29th and 30th, 2021, futures traders will pay the corresponding losses to the company's account.
As for the source of the trader's compensation, Jinzi Ham explained that it came from his own and self-raised funds by himself and his father-in-law Shi Xiongbiao.
Shi Xiongbiao is a natural person shareholder who holds 3.45% of the company's shares and is the brother of Shi Yanjun, the former actual controller of the company.
Due to the lack of time to raise funds, Shi Xiongbiao temporarily borrowed 41.05 million yuan from his friend Wang Qihui (the company's vice president and former board secretary) on September 29, 2021, and occupied his brother Shi Yanjun (the company's president and former chairman of the board) on September 29, 2021. ) originally entrusted him to pay 5.95 million yuan of alimony to his nephew, and then repaid most of the arrears to Wang Qihui through the transfer of the shares of other companies he held, and paid his nephew 5.7 million yuan as entrusted by Shi Yanjun and returned it. difference.
As of the 11th, Shi Xiongbiao's occupation of Shi Yanjun's funds has been eliminated, and the outstanding balance of the arrears to Wang Qihui is 6.9278 million yuan.
In addition, there is no actual source from the company's controlling shareholder and actual controller (including the original actual controller and controlling shareholder).
Jinzi Ham said that Shi Xiongbiao used his own and self-raised funds to help his son-in-law pay compensation based on his father-in-law status rather than shareholder status. Therefore, this transaction did not constitute an equity transaction, so the company included the compensation in non-operating income. There is no situation where compensation is used to adjust profits.
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