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The Agricultural Development Bank has the latest statement again!
On April 16, the official website of the Agricultural Development Bank of China issued a statement saying that illegal enterprises had carried out illegal activities in the name of the Key Construction Fund of the Agricultural Development Bank of China. The Agricultural Development Bank of China said that the bank and the fund did not have any equity contribution relationship with related companies, and did not assume any obligation and responsibility for any of their actions according to law.
Recently, listed companies Hainan Yedao The announcement said that through self inspection, it found that the company's subsidiary Yedao Investment added a number of equity related enterprises. From the perspective of equity relationship, the five enterprises listed in Hainan Yedao all point to the key construction fund of China Agricultural Development.
See details——
Agricultural Development Bank's solemn statement
No capital contribution relationship with 5 companies
First of all, the statement of the Agricultural Development Bank of China:
Recently, the Agricultural Development Bank of China noticed that the media reported that Hainan Yedao Investment Management Co., Ltd. had added 5 fake subsidiaries, including Hainan Yuqiong Industrial Development Co., Ltd., and said that 5 companies were involved in the bank and its subsidiary, China Agricultural Development Key Construction Fund Co., Ltd. (hereinafter referred to as "the fund company").
The Agricultural Development Bank of China said that the bank and the fund company had no equity contribution relationship with Hainan Yuqiong Industrial Development Co., Ltd., Anhui Zhongchuangxinghui Enterprise Management Co., Ltd., Jiangsu Nonrong Jinming Construction Development Co., Ltd., China Energy Nonghe (Zhejiang) Technology Development Co., Ltd., China Energy Huayu New Energy (Zhejiang) Co., Ltd. and its invested enterprises or other affiliated enterprises, There are no forms of affiliation, association, management or actual control, investment, cooperation, authorization and other relationships.
The Agricultural Development Bank of China said that any market operation activities and all other behaviors of the above enterprises and their affiliated enterprises and personnel have nothing to do with the bank and the fund company, and the bank and the fund company do not assume any obligation and responsibility for any of their behaviors according to law.
It is worth mentioning that in March 2024, the Agricultural Development Bank of China made a statement on the fraudulent use of the key construction funds of China Agricultural Development Bank by the above companies and their shareholders, reminding consumers, investors and the public to strengthen the identification of market operators, improve risk prevention awareness and guard against being cheated. At the same time, the Agricultural Development Bank of China has reported the relevant situation to the market supervision and administration department and the public security department.
On March 20, the China Agricultural Development Fund for Key Construction released the list of 111 subsidiaries registered as its subsidiaries under false names at one time, including Huaming Yuchuan (Chongqing) Urban Construction Development Co., Ltd. (Jiangsu Nong Rong Jinming Construction Development Co., Ltd., China Energy Nong He (Zhejiang) Science and Technology Development Co., Ltd., and China Energy Huayu New Energy (Zhejiang) And Hainan Yuqiong Industrial Development Co., Ltd.
On March 29, the China Agricultural Development Key Construction Fund announced again that two companies were falsely registered as their subsidiaries, including Zhongxinnong Urban Construction (Chongqing) Co., Ltd. (the former shareholder of Anhui Zhongchuanghui Enterprise Management Co., Ltd.).
The Agricultural Development Bank of China solemnly stated that the key construction fund of the Agricultural Development Bank of China is a company established and operated in the mainland of China. It only carries out business in the mainland of China, and no new foreign investment has been made at present. The Fund has not invested or set up any subsidiary outside the mainland of China, nor has it planned to register and set up any subsidiary outside the mainland of China. Any organization or individual who falsely uses the name of the Agricultural Development Bank of China or the fund company to carry out registration, market operation activities and all other acts shall immediately stop all illegal acts, and the Agricultural Development Bank of China reserves the right to investigate their legal responsibilities according to law.
The official website of the Agricultural Development Bank of China shows that the Agricultural Development Bank of China Key Construction Fund Co., Ltd. was established solely by the Agricultural Development Bank of China, with a registered capital of 50 billion yuan and 100% of the shares held by the Agricultural Development Bank of China. The company operates as a company and mainly invests in national infrastructure construction projects.
Agricultural Development Bank of China is one of the three major policy banks. According to the 2022 annual report of the Agricultural Development Bank of China, by the end of 2022, the bank's total assets had reached 9.09 trillion yuan.
Hainan Yedao Announces "Cracking Down on Counterfeits"
The share price fell sharply for two consecutive days
The five fake subsidiaries mentioned in the statement of the Agricultural Development Bank of China are the five companies that announced "cracking down on counterfeits" in Hainan Yedao last Friday.
On the evening of April 12, Hainan Yedao issued an announcement on the relevant information about the establishment of a subsidiary company. Hainan Yedao said that it found that its subsidiary Yedao invested in a number of new enterprises with equity relations through enterprise inspection and self inspection. Up to now, the enterprises that have been found to have a direct equity relationship with Yedao Investment include Hainan Yuqiong Industrial Development Co., Ltd., Anhui Zhongchuanghui Enterprise Management Co., Ltd., Zhongneng Nonghe (Zhejiang) Technology Development Co., Ltd., Jiangsu Nong Rong Jinming Construction Development Co., Ltd., and Zhongneng Huayu New Energy (Zhejiang) Co., Ltd.
Hainan Yedao said that after the company's self inspection, its investment business license and official seal have not been lost or used for the establishment of the above false company Yedao Investment has reported to the public security organ for handling the suspected forgery of its official seal.
Hainan Yedao said that except for China Agricultural Development Key Construction Fund Co., Ltd., the company and Yedao Investment have no equity relationship or business cooperation with the above five companies and their original shareholders. Any market operation activities and other behaviors of the above companies, their affiliated enterprises and personnel have nothing to do with the company and Yedao Investment, and the company and Yedao Investment will not assume any responsibility for this.
After the announcement of Hainan Yedao, Shanghai Stock Exchange also issued a supervision letter to Hainan Yedao. On April 15, the share price of Hainan Yedao fell by the limit. On April 16, Hainan Yedao closed at 7.26 yuan/share, down 8.33%.
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Editor in charge: Liu Tianxing
