NVC lighting Wu Changjiang no money available? More than 1 billion Dehao Runda shares were frozen

Dehao Runda announced today that the company’s second largest shareholder, Wu Changjiang, has all been frozen. As the second largest shareholder of Dehao Runda, Wu Changjiang holds 130 million shares of the company. According to the closing price of Dehao Runda yesterday at 8.15 yuan/share, the market value of its stock is as high as 1.06 billion yuan.

Dehao Runda today announced the news that Wu Changjiang, the company's second largest shareholder, has been frozen. As the second largest shareholder of Dehao Runda, Wu Changjiang holds 130 million shares of the company. According to the closing price of Dehao Runda yesterday at 8.15 yuan/share, the market value of its stock is as high as 1.06 billion yuan.

According to the announcement, on June 17, 2014, Wu Changjiang pledged 72.222 million shares of the company he held to Tibet Linzhi Huifu Investment Co., Ltd. due to fund-raising needs; 5,777,800 shares were pledged to New World Strategy (Beijing) Investment Consultants Limited, the total number of pledged shares is 130 million shares.

Due to the loan dispute, Tibet Linzhi Huifu and New World Strategy sued Wu Changjiang and Huizhou NVC Lighting Environmental Engineering Co., Ltd., Shandong NVC Lighting Development Co., Ltd. and Chongqing Enweixi Industrial Development Co., Ltd. Wu Changjiang holds the shares of Dehao Runda. Subsequently, all the shares held by Wu Changjiang were frozen by the Chongqing Higher People's Court. The date of entrustment was September 25, 2014, and the waiting period was 24 months.

According to the announcement, Dehao Runda recently received the “Assistance and Implementation Notice” from the Zhuhai Intermediate People's Court of Guangdong Province, requesting the company to assist in the implementation of the following matters:

1. "Assistance to Implementation Notice" [(2014) Zhu Zhongfa Zhizi No. 869]

The Zhuhai Intermediate People's Court applied for the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of the implementation of In the case of a loan dispute, the enforcement ruling made has already taken effect.

According to Article 242 of the Civil Procedure Law of the People's Republic of China and Article 53 of the Provisions of the Supreme People's Court on Several Issues Concerning the Implementation of the People's Court (Trial), the frozen enforced person Wu Changjiang holds Guangdong De. The after-sales personal restricted shares of the 72,222,222 shares of Haorunda Electric Co., Ltd. (stock short name: Dehao Runda, stock code: 002005), including the bonus shares generated during the freeze period (including the conversion of shares) Allotment. The freeze period is two years, from September 18, 2014 to September 17, 2016.

2. "Assistance to Implementation Notice" [(2014) Zhu Zhongfa Zhizi No. 870]

The Zhuhai Intermediate People's Court applied for the implementation of the New World Strategy (Beijing) Investment Consulting Co., Ltd. to implement the executed persons Wu Changjiang, Wu Lian, Huizhou NVC Lighting Environmental Engineering Co., Ltd., Shandong NVC Lighting Development Co., Ltd., Chongqing Enwei West Industrial Co., Ltd. In the case of the Development Co., Ltd. loan dispute, the execution of the ruling has already taken effect.

According to Article 242 of the Civil Procedure Law of the People's Republic of China and Article 53 of the Provisions of the Supreme People's Court on Several Issues Concerning the Implementation of the People's Court (Trial), the frozen enforced person Wu Changjiang holds Guangdong De. The outstanding post-personal restricted shares of 57,777,778 shares of Haorunda Electric Co., Ltd., including the bonus shares (including the conversion of shares) and the rights issue during the freezing period. The freeze period is two years, from September 18, 2014 to September 17, 2016.

Upon inquiry by the Company in China Securities Depository and Clearing Co., Ltd. Shenzhen Branch, the above shares were in judicial freeze on September 18, 2014.

As of the date of this announcement, Wu Changjiang holds a total of 130,000,000 shares of the company, accounting for 9.31% of the company's total share capital, all of which are in pledge, and this judicial freeze is 130,000,000 shares.

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