24.3 Billion Financial Loss Black Hole Detonates Sui Tianli'S Loss Of Contact

After the shocking news that Sui Tianli lost contact and the public security organs intervened in the investigation, many financial "thunder spots" of listed companies under the "special network communication" trade network compiled by him were completely "detonated".

On August 3, Guorui Technology (300600. SZ) announced that the company had received the "civil complaint", "civil ruling" and "Notice of property preservation" from the people's Court of Qixia District, Nanjing, It was learned that Nanjing Changjiang Electronic Information Industry Group Co., Ltd. (hereinafter referred to as Nanjing Changjiang Electronics) filed a lawsuit with the people's Court of Qixia District of Nanjing City on the purchase and sale contract of communication business between the company and the company.

Prior to that, Guorui technology filed a lawsuit with Nanjing Intermediate People's court, requesting that Nanjing Changjiang electronics immediately accept the equipment manufactured by the company, and pay the plaintiff 63.0666 million yuan of payment for goods and 1.8668 million yuan of liquidated damages for overdue payment, and no more than 3.1533 million yuan for overdue payment; At the same time, the defendant Shanghai Xingditong Communication Technology Co., Ltd. (hereinafter referred to as Shanghai Xingditong) is jointly and severally liable for the payment of liquidated damages.

The truth behind it is that Shanghai Xingditong controlled by Sui Tianli provided Guorui technology with a guarantee for the liquidated damages of accounts receivable of Nanjing Changjiang Electronics Co., Ltd., but at present, Sui Tianli has "lost contact", and it may be difficult to recover the liquidated damages for joint and several liability.

The reporter of 21st century economic report exclusively learned that the "pit" Guorui technology had been scheduled for August 16, but the lawsuit of Nanjing Changjiang electronics might not open as scheduled.

"It may be postponed." On August 3, a person from the Securities Department of Guorui science and technology told the reporter of 21st century economic news that the company had previously communicated with the relevant parties of overdue accounts receivable, "they also said that they should negotiate and solve the problem, and do not sue, but there is no repayment plan. Ask them for money, and they say they have no money“

On the evening of August 3, for the lawsuit of Nanjing Changjiang electronics, Guorui technology said that "it will protect the rights and interests of the company and its shareholders through legal means."

The reporter of 21st century economic report exclusively learned that the "pit" Guorui technology had been scheduled for August 16, but the lawsuit of Nanjing Changjiang electronics might not open as scheduled. Visual China

24.3 billion lost sky thunder completely detonated

Since Shanghai Electric (601727. SH) broke out the "first thunder" of "private network communication" trade network on May 30, to August 2, within only two months, the "thunder listed companies" have expanded to 9: Shanghai Electric (601727. SH), Hongda new materials (002211. SZ), Rui Konda (603803. SH), Guorui Technology (300600. SH), Zhongtian Technology (600522. SH), and Huihong group (600981. SH), Keller Technology (600260. SH), Zhongli group (002309. SZ) and kanglongda (603665. SH), in extreme cases, the total loss of the above nine listed companies can reach up to 24.3 billion yuan.

On August 3, Chen Weili, the Secretary of kanglongda, told the 21st century economic report that the listed companies were continuously following up on the matters concerning Aerospace Shenhe company, "if there is progress, we will timely fulfill the obligation of information disclosure in accordance with the requirements of the exchange's regulatory attention letter."

"If we say that it was still covered up before, then the news that Sui Tianli was investigated by the Public Security Bureau would prove that his" private network communication "Netease network might be a big fraud." A professional in the field of communication equipment told the 21st century economic report that when their company cooperated with special units, "generally, special units directly paid the advance payment without middlemen, but some companies controlled by Sui Tianli played the role of" middlemen "in these trades

Sui Tianli not only "detonated" the above-mentioned nine listed companies, but also might drag these listed companies into a bigger dispute over sales contracts, and the amount of loss may be greater. For example, downstream customers of Guorui technology said that they did not receive the goods.

On August 3, Guorui technology announced that on May 9, 2020, Nanjing Changjiang electronics, as the buyer, and Guorui technology as the seller, signed four "procurement contracts" for the purchase and sale of 1530 sets of multi mesh cloud data processing and communication machines, with a total contract amount of RMB 70.074 million, and the buyer paid 10% of the advance payment in advance.

When Guorui technology completed the production and inspection of the products in accordance with the agreement, and sent the written "goods collection letter" and "payment reminder letter" to Nanjing Changjiang electronics on January 19 and July 6, 2021, respectively. Nanjing Changjiang electronics failed to fulfill the delivery and payment obligations stipulated in the contract on time according to the requirements of the agreement or relevant letters.

"It seems that all the business people they contacted with us have changed." Guorui science and technology Securities Department told the 21st century economic report that "the raw materials we purchased were mainly purchased from Shanghai Xingditong. Now Sui Tianli and Fushen industry could not be contacted. Nanjing Changjiang Electronics Co., Ltd. repeatedly urged, but the other party never took delivery of the goods or paid for them."

On July 13, Guorui technology once issued a risk warning that the company's multi mesh cloud data processing communication machine business had some abnormal contract execution (the corresponding inventory after deducting the received advance payment or deposit was about 98 million yuan) and the accounts receivable were about 167 million yuan overdue, which may lead to losses.

However, Nanjing Changjiang electronics said, "we have not received any goods delivered by Guorui technology, and so far, Changjiang electronics has not received the goods. After the contract was signed, Changjiang electronics paid the advance payment according to the contract, and invested a lot of capital, manpower and material resources for the reproduction and processing of the goods. The overdue delivery of Guorui technology brought huge economic losses to Changjiang electronics

Therefore, Nanjing Changjiang electronics filed a civil lawsuit against Guorui technology to the people's Court of Qixia District, Nanjing City, freezing the bank deposit of 10.5111 million yuan under the name of Guorui technology, or sealing up and seizing the property with corresponding value.

In this regard, on the evening of August 3, Guorui technology said that "it will protect the rights and interests of the company and its shareholders through legal means."

Sui Tianli's fatal special network communication and trade network

Among the above-mentioned 9 listed companies, the main downstream customers with overdue receivables are Nanjing Changjiang electronics, Fushen Industrial Company (hereinafter referred to as Fushen industry) and aerospace Shenhe Technology (Beijing) Co., Ltd. (hereinafter referred to as aerospace Shenhe), and the suppliers of overdue upstream supply are mainly Shanghai Xingditong Communication Technology Co., Ltd Chongqing Bokun Hanwei Technology Co., Ltd. (hereinafter referred to as Chongqing Bokun), Zhejiang Xinwang Energy Engineering Co., Ltd., new generation private network communication technology Co., Ltd., haigao communication (839211. OC) and Ningbo Hongzi Communication Technology Co., Ltd. (hereinafter referred to as Ningbo Hongzi communication).

Among them, aerospace Shenhe, Shanghai Xingditong and haigao communications are all companies controlled by Sui Tianli, while Fushen industry and Nanjing Changjiang Electronics Co., Ltd. are recommended or guaranteed by Sui Tianli.

With the case study of Shanghai Electric and Zhongli group, we can get a glimpse of the Sui Tianli trade network.

Jiangsu Zhongli Electronic Information Technology Co., Ltd. (hereinafter referred to as Zhongli Electronics) purchased raw materials for communication business from its upstream suppliers haigao communication and Ningbo Hongzi communication, and then sold the products to aerospace Shenhe, Jiangsu Huihong International Group Zhongjin Holding Co., Ltd. (hereinafter referred to as Huihong Zhongjin company) and Zhongli group, After that, Zhongli group sold its products to Shanghai Electric Communication Technology Co., Ltd., a subsidiary of Shanghai Electric Co., Ltd. (hereinafter referred to as Shangdian communication company), whose downstream customers are Fushen industry, Nanjing Changjiang electronics, Beijing Capital Venture Group Co., Ltd. trading branch and Harbin Industrial Investment Group Co., Ltd.

According to the information disclosed in the announcement, the accounts receivable of Shangdian communication company, a downstream customer of Zhongli group, is overdue, while the announcement of Shanghai Electric shows that the accounts receivable of its subsidiary Shangdian communication company are overdue. At the same time, haigao communication and Ningbo Hongzi communication, the upstream suppliers of Zhongli electronics, not only delayed the delivery, but also did not return the advance payment.

Jiangsu Huihong International Group Zhongjin Holding Co., Ltd., a subsidiary of Huihong group, is also a downstream customer of Zhongli electronics, and its downstream customer is aerospace Shenhe.

On August 3, the relevant person in charge of Huihong group told the reporter of 21st century economic news that after the risk disclosure, the company has been closely communicating with the exchange and regulatory authorities, and several lines are stepping up their efforts to push forward, "if there is any news, it will be announced in time."

It can be seen that haigao communication controlled by Sui Tianli is the main supplier of the upstream, while Aerospace Shenhe controlled by Sui Tianli is the main downstream customer. The upstream suppliers need to pay 100% advance payment from the listed companies, while the downstream customers only need to pay 10% of the advance payment to the listed companies. Most of the capital of this financing trade flows into the upstream companies controlled by Sui Tianli.

Unsettled stealth bombs

The professionals in the field of communication equipment told the 21st century economic report that the nine listed companies that actively exploded thunder are certainly not all the companies involved in Sui Tianli's business, and the enterprises attached to him may expose risks.

21st century economic report reporter noted that "notice on receiving inquiry letter and reply from Shenzhen Stock Exchange" disclosed by feilixin (300287. SZ) on June 18, 2019 shows that Chongqing Bocun is the supplier of part of the company's business, and Chongqing Bocun is the overdue supplier of Ruikangda, and the overdue supplier is recommended by Fushen industry, a downstream customer of Ruikangda.

Due to the failure to get through the phone, the 21st century economic report reporter could not know whether Felix would continue to purchase Chongqing Bocun goods.

The private network communication service of risconda is mainly implemented by Beijing Shenlan XunTong Technology Co., Ltd. (hereinafter referred to as Shenlan XunTong), a wholly-owned subsidiary. Its products are multi-media grid communication machines, and its customers are users of special industries. The network architecture, application scenarios and technical standards are different from those of telecom operators.

Risconda was not a private network communication business in the special needs industry before. The company also conducted research and "learned that the private network communication business in the special needs industry has been operating for a long time and has a large market scale. The main bodies that have been engaged in this business are state-owned enterprises and listed companies. The mode of operation is that the manufacturers sign sales contracts with downstream customers and collect 10% advance payment, Then sign a purchase contract with the upstream supplier recommended or recognized by downstream customers, and pay 90% advance payment; The main materials of the products shall be imported from abroad by the supplier. "

The 21st century economic reporter learned that among the six suppliers of Shenlan express, two are companies controlled by Sui Tianli, namely haigao communication and Shenzhen Tiantong Information Technology Co., Ltd.

On May 15, 2019, Haofeng Technology (300419. SZ) disclosed in its reply to the inquiry letter on annual report of Haofeng technology that the top five prepayment companies of the company include Nanjing Sanbao Communication Technology Industry Co., Ltd. (hereinafter referred to as Nanjing Sanbao communication) controlled by Sui Tianli.

21st century economic reporter learned that Sui Tianli quit Nanjing Sanbao communication in October 2019, so it is not known whether Haofeng technology is still doing business with Nanjing Sanbao communication or Sui Tianli.

Today, Sui Tianli lost contact and the public security organs intervened in the investigation. It has been publicly announced that Sui Tianli's huge private network communication trade is like a shocking scam like a new epidemic. After the outbreak of the "epidemic", when the close contacts who have business with Sui Tianli will fall down, it is worthy of high attention from the regulatory authorities.