Youngor strikes again at Gongda University and sets up a second placard or foresight

According to the disclosure, as of September 11th, Youngor and its wholly-owned subsidiary, Ningbo Youth Investment, had a total of 212.33939 million shares of the University of Hong Kong, accounting for 9.47% of the total share capital. On September 12, Youngor Group joined hands with its wholly-owned subsidiary Youngor again. Investment increased 1.7851 million shares. As a result, Youngor and its subsidiaries have accumulated a total of 2301.9039 million shares held by the University of Hong Kong, reaching 10.26% of the total share capital, which constitutes the second placard.

According to the “Measures for the Administration of the Acquisition of Listed Companies”, Youngor, Youth Investment and Youngor Investment will prepare and disclose a simple statement of changes in equity.

According to the review, last December 9th, the University of Technology first disclosed that Youngor and its wholly-owned subsidiary Youth Investment held more than 5% of the company's shares. Looking back at the University of Technology’s first quarterly report in 2011, Youngor did not appear on the list of shareholders. This means that Youngor’s large-scale increase in holdings began in October, and its shareholding cost was about RMB 9/share.

After checking the ICBC’s first quarterly report this year, Youngor and Youth Investment held 6.15% and 2.57% of the company's shares, respectively, and the total amount has reached 8.72%. This means that Youngor recently made a large increase in holdings, eventually breaking the 10% red line.

It is worth noting that despite Youngor's considerable involvement in the secondary market, he has never raised cards for the same company. In addition, both companies are located in Ningbo. Youngor's initial increase in the number of workers at the Hong Kong University of Technology is not meaningful.

One background that should not be overlooked is that before Youngor first pitched his cards, the first investment by the controlling shareholder, Silicon-silver, was to guarantee the internal equity reorganization of the company. In 2010, the nine-decision investment “retreat” regained the actual control rights that the university’s first creation. But soon after, the first decision-making level of the University of Hong Kong was "infighting." On the December 12 board meeting, the proposal to remove Hanning’s deputy general manager and secretary of Dong’s office was met with fierce opposition from two directors. In August this year, Wang Xinmin, the first deputy chairman of the Hong Kong University of Technology, and Li Wentao, the supervisor, resigned again, leaving the outside world wondering if their infighting has completely subsided. Under this "disorder," Younger's increase in holdings is even more imaginative.

According to the statistics, the University of Science and Technology pioneered commercial, real estate and tourism-based food and beverage industries. It has high-quality assets such as Ningbo Erbai Plaza, which has an annual rental of nearly 100 million yuan, and sales agency rights for Chinese gold in Zhejiang. Analysts believe that Youngor’s consecutive increase in holdings of the ICBC may be a purely financial investment, but due to the overlapping of the two sides in the main business such as commercial and real estate, it is not excluded that Youngor will use the IPO’s first listed platform to integrate its business assets. may.