Metersbonwe suspension verification

On January 7, Shanghai Metersbonwe Fashion Co., Ltd. (hereinafter referred to as "Membong Fashion, 002269") announced that it was verifying the relevant issues reported by the media in relation to Zhou Chengjian, the chairman of the company.

On January 6, the market was madly sent down by Zhou Chengjian and taken away by the police that afternoon. In this regard, the relevant person in charge of public relations department of Smithland State International stated at the time that “it was not heard that the company was operating normally”.

Zhou Chengjian's own cell phone has not been connected, nor has he responded to a sms reporter’s text message. A number of insiders of Smith Barney were surprised when they heard the news. "We also saw him two days ago and did not understand the situation."

Zhou Chengjian started as a tailor in Zheqin Tian and founded Meibang Fashion in 1995. He gradually developed into a leading brand of local casual wear by relying on self-designed, outsourced light asset models. Zhou Chengjian was thus awarded the richest man in mainland China's garment industry twice in 2009 and 2010. However, in recent years, domestic apparel brands have suffered from the double impact of e-commerce and foreign fast fashion brands, with high inventory and poor performance. According to the latest financial report, Smithfield has lost 176 million yuan in the first three quarters of this year.

It is speculated that if Zhou Chengjian is taken away by the police, it is likely to be related to Xu Xiang, a privately-owned brother and leader of Zexi who was arrested last year.

On November 1st last year, Xinhua reported that the legal representative and general manager of the Zexi Investment Management Co., Ltd. Xu Xiang and others obtained illegal stock market insider information, engaged in insider trading, manipulated the price of stock trading, and was taken into criminal action by the public security authorities according to law. Coercive measures.

Formerly, under the condition of the poor performance of Smith Barney, Zexi had gained 450 million yuan in half a year through accurate low-stakes and high-stakes.

On September 26, 2014, Zehee 1 and Zehee 11 respectively purchased 26 million shares and 20.3 million shares of Mebon Clothing at a price of 9.72 yuan per share through a bulk transaction. On September 29, Zehee 1 and Zehee 11 were all thrown through the secondary market. September 26 was Friday, which means that after just one trading day, the proceeds from the trade of Ze Hee 1 and Ze Hee 11 exceeded RMB 57 million. On September 29th, Zehee’s Zehee’s 6th period bought large amounts of 50.55 million U.S. apparels at an average price of 9.82 yuan per share. Six months later, from April 1st to April 20th, 2015, Zexi quietly cleared all stocks through centralized bidding. According to its published average selling price of 17.66 yuan, Zehee's 6th period on the profits of the book on the US state apparel up to 396 million yuan. In addition to Zehee 1 and Zehee 11, Zexihe used Nugget 450 million yuan for half a year.

After the market rumors, the national team funds helped Ze Xi to disentangle from Mebon garment during the stock market rescue.

Zehee later announced in an announcement that he denies that the U.S. apparel stock held by a single trust product owned by U.S.A., Ltd. was reduced in holdings before April 20th, 2015 and no longer holds any shares in the company; The act took place in July 2015. Ze Hee and CITIC and Securities agencies and other organizations did not have any intersections in Smith Barney.

After Xu Xiang was arrested, a number of listed companies with the name of “Ze Hee concept stock” announced that the executives had lost contact, including Yang Wangxiang, who served as Deputy General Manager, Board Secretary, and Chief Financial Officer of Sunflower (300111). However, on December 23, 2015, Yang Wangxiang appeared after 20 days of losing contact. Yang also served as an independent director of Ningbo Zhongbai (600857), Kangqiang Electronics (002119), Daheng Technology (600288), and *ST Shenke (002633), but resigned after reappearing.

The first few companies are inextricably linked with Zehee. Xu Xiang's parents are the actual controllers of Ningbo Zhongbai and Daheng Technology respectively, and the relevant shares have been frozen. The reorganization of Kang Qiang Electronics was investigated due to Xu Xiang.