In 2017, a company in Chengdu announced that it would invest 600 million yuan in hammer science and technology, and announced that it would become a shareholder. Many people don't know much about the following issues. Let's take a detailed look at the specific details of 600 million yuan investment in hammer science and technology.
What's going on with 600 million investment hammers
On April 27, according to media reports, Chengdu Chenghua District Supervision Commission has filed an investigation into Dongfang Guangyi's 600 million yuan stake in Hammer Technology (Beijing) Co., Ltd., believing that the project is suspected of loss of state-owned assets.
On August 13, 2017, Chengdu Dongfang Guangyi Investment Co., Ltd. announced that it had signed the equity investment agreement with hammer technology (Beijing) Co., Ltd., and planned to invest RMB 600 million to become a shareholder of hammer technology (Beijing) Co., Ltd. Chengdu Dongfang Guangyi Investment Co., Ltd., established in August 2003 with a registered capital of 350 million yuan, is a wholly state-owned company in Chenghua District of Chengdu City. The state owned assets supervision and management and financial work office of Chenghua District is authorized by Chengdu Chenghua District government to perform the duties of investor.
As for the cooperation between the two sides, pan Pengfei, assistant to the general manager of Dongfang Guangyi, said in a telephone interview with the associated press of Finance and economics in October 2018, "Dongfang Guangyi invested in hammer technology after net value investigation and valuation evaluation, and the 600 million yuan investment was actually paid at that time. '
Details of 600 million investment
According to the report of Chengdu Business Daily at that time, it took only three months for the above two companies from visiting to signing the contract. Hammer technology was registered in Chengdu and established three companies, namely Chengdu Hammer Technology Group Co., Ltd., Chengdu yewang Digital Technology Co., Ltd. and changbreathing Technology (Chengdu) Co., Ltd. Specifically responsible for business operation is Chengdu yewang Digital Technology Co., Ltd., which is 100% controlled by Beijing hammer Digital Technology Co., Ltd.
According to the situation at that time, hammer's internal information shows that their 'five-year operation target' is expected to achieve 3 million mobile phone sales by 2018 and 35 billion by 2021, of which the revenue of intelligent ecological chain is more than 40% and the net profit is more than 1 billion yuan.
In October last year, it was reported that hammer was disbanded in Chengdu, and hammer responded that it was actually personnel integration. At present, Luo Yonghao has stepped down as the legal representative of Chengdu yewang and Beijing hammer digital technology, and the office of Hammer Technology Chengdu headquarters has been replaced by Chengdu IRS. In January this year, the equity of Chengdu Hammer Technology Group Co., Ltd. held by Luo Yonghao was frozen, involving an amount of 100 million yuan.