YOUNGOR Plans To Restructure Its Assets And Become A Major Shareholder.

Less than P, YOUNGOR's first increase in foreign trade has indicated that it is based on the current value judgement of Shanghai's largest investment company that the information disclosure obligor increased the holding of tradable shares through the securities trading of the stock exchange.

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< p > October 14th, YOUNGOR took the initiative to increase its stake in the largest shareholder of Harbin Institute of Technology and became the largest shareholder of the company.

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< p > in addition, the announcement of the construction industry's first announcement said that because the company was planning the reorganization of assets, in view of the great uncertainty of the matter, in order to ensure fair information disclosure, the company's stock has been suspended since October 15, 2013.

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< p > it is worth noting that before this time, YOUNGOR group increased its number of employees to become the second largest shareholder of the company.

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< p > < strong > original majority shareholder abdicated < /strong > /p >

< p > the former largest shareholder of Harbin Institute of Technology is the octopus group.

There are rumors that there is a contradiction between the chairman Gong Dongsheng and the octopus group, which is visible from a notice in June this year.

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< p > at that time, the Heilongjiang Provincial Higher People's Court issued a notice of assistance to the Shanghai branch of the China Securities Depository and Clearing Co., Ltd. on June 14, and said that the dispute over the equity pledge contract had been legally effective. The Heilongjiang Provincial Higher People's court intends to freeze the company's 35 million 204 thousand and 800 largest shareholder, the a href= "//www.sjfzxm.com/news/index_cj.asp" > the circulation share < /a >, accounting for 15.69% of the total share capital. The freezing period is two years.

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< p > the shareholding of the largest shareholder was frozen, and it was a bit surprising to learn that the news was passed through the third party.

At that time, the first staff member of the University of technology told reporters that the largest shareholder of the group had little contact with the listed company, and the board of directors of the listed company did not have a seat for the group of octopus.

"There has been little contact between the listed company and the largest shareholder."

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< p > but Yang Zhaoquan lawyer told reporters that although the equity of the group was in pledge, as a shareholder of the company, it still had the right to vote on matters that the listed company had to vote through the shareholders' meeting.

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< p > < strong > YOUNGOR upper end < /strong > /p >

< p > YOUNGOR started its operation in September last year, and continued to increase the latter in November last year and became its second "a href=" //www.sjfzxm.com/news/index_cj.asp "major shareholder" /a ".

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According to the announcement of the P, last November 5th, the YOUNGOR group Limited by Share Ltd and the wholly owned subsidiary, Ningbo youth investment limited and YOUNGOR Investment Co., Ltd. accumulated a total of 32 million 710 thousand shares of the company's shares, accounting for 14.59% of the total share capital of the company. In November 6th, the YOUNGOR group's Limited by Share Ltd increased the stock of the company over 1 million 420 thousand shares through the stock exchange of the Shanghai stock exchange; and by the closing of November 6, 2012, the YOUNGOR group Limited by Share Ltd and the wholly owned subsidiary, Ningbo youth Investment Co., Ltd., YOUNGOR Investment Co., Ltd held a total share of the company's shares, accounting for 15.22% of the total share capital of the company.

< p > in the 2012 annual report issued by the National Engineering University, < a href= "//www.sjfzxm.com/news/index_c.asp" > YOUNGOR < /a > has become the second largest shareholder of the University.

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< p > in October 14th this year, the first announcement of the construction industry of Ningbo announced that it received the letter on the change of shareholding ratio sent by YOUNGOR group Limited by Share Ltd, Ningbo youth Investment Co., Ltd. and YOUNGOR Investment Limited. On the same day, YOUNGOR group Limited by Share Ltd increased 656 thousand shares of the company through the securities exchange of the Shanghai stock exchange, resulting in the three companies' initial shares increased to 35 million 440 thousand shares, accounting for 15.80% of the total share capital of the company.

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< p > according to the information previously published by the first engineering university, YOUNGOR group Limited by Share Ltd holds 100% of Ningbo youth Investment Co., Ltd. and YOUNGOR Investment Co. Ltd., the three companies are acting in concert.

This means that YOUNGOR has become the first major shareholder of the Industrial University.

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Prior to the P, YOUNGOR's first increase in foreign trade has indicated to the outside world: "the information disclosure obligor, through the securities trading mode of the Shanghai stock exchange, has been the first to create an unlimited sale of tradable shares by the labour University, which is based on the commercial behavior of the University's first investment value judgement."

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