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Source: China Fund Daily
Yishan, a reporter from China Fund News
Luo Yinhao, one of the real controllers of Xin Zhihang, who lifted the compulsory measures in October last year, was recently taken compulsory measures by the Qingdao Municipal Public Security Bureau.
The compulsory measures were lifted in October last year.
On April 30, Xi Zhihang issued a notice that the company had received notification from Luo Yinhao's family that Luo Yinhao had been taken compulsory measures by the Qingdao Public Security Bureau, and that the relevant matters had yet to be further investigated by the public security organs. So far, the company has not known the specific circumstances of the case.
It is worth noting that as early as September 2022, Luo Yinhao was taken compulsory measures by the Yinzhou Branch of the Ningbo Public Security Bureau. At that time, the company also said that it did not know the details of the case.
It was not until October 2023 that Luo Yinhao received the "decision on revocation of the case" and the "decision on release of bail pending trial" issued by the Yinzhou Branch of the Ningbo Public Security Bureau. Because there was no crime, the Yinzhou Branch of the Ningbo Public Security Bureau decided to withdraw the case and lift Luo Yinhao's bail pending trial measures.
According to the data, Luo Yinhao, male, was born in May 1986, Chinese nationality, no permanent residence abroad, graduate degree in business administration. He has served as Supervisor of Mei Wedding clothes, Director of Joy Hong Kong, Director, Supervisor and Assistant to General Manager, General Manager, Director, Supervisor and Assistant to General Manager, General Manager, etc.
In September 2022, after Luo Yinhao was taken compulsory measures, he resigned as director and general manager of the company. Luo Zhiqiang, one of the company's chairman and controller, is Luo Yinhao's father, and has held the post of general manager ever since.
Joy Zhixing stressed in the latest announcement that Luo Yinhao did not hold an important position in the company after his resignation, and his personal matters did not affect the company's daily production and operation activities. At the same time, the company shares held by Luo Yinhao directly or indirectly are still in the lock-up period, there is no share pledge, and his personal matters do not affect the stability of corporate control. At present, the daily operation of the company is normal, and the board of directors and management of the company will ensure that the company and various business activities are carried out normally.
Performance continues to decline
According to the data, Xi Zhixing was founded in 2005, and Luo Zhiqiang is one of the founders. At present, the company's main products are different series of recyclable packaging products.
According toPowerballjackpottonightUnderstand, the company mainly provides customized design, manufacturing, performance testing, leasing and logistics of recyclable packaging products for customers in many industries, such as automobile and auto parts manufacturing, home appliance manufacturing, fresh fruits and vegetables, express logistics, and so on. Supply chain services throughout the whole process. Customers include Volkswagen, Tesla, BYD, BMW, Volvo, Great Wall, Midea, Haier, Hema Xiansheng, JD.com, Shentong and so on.
Judging from the financial data, there has been a decline in performance in recent years. Among them, the company achieved revenue in 2023.Powerballjackpottonight03 million yuan, down 5.79% from the same period last year, and the net profit returned to the mother was 36 million yuan, down 45.13% from the same period last year.
In the first quarter of this year, the company achieved revenue of 85.0784 million yuan, down 4% from the same period last year, and its net profit was 9.5896 million yuan, down 33% from the same period last year. The total number of shareholders at the end of the period was 11000, down 6.2 per cent from the end of last year.
In terms of share price, as of April 30, the company closed at 8.99 yuan per share, up 1.58%, with the company's latest market capitalization of 1.5 billion yuan.