The story of lucky favour coffee, arrive eventually it seems that when telling no less than going to.
Beijing time on April 2 evening, lucky favour coffee exposes to the sun oneself in announcement, liu Jian of this company COO is suspected of fabricating sale of 2.2 billion yuan of RMB. The scandal of arise suddenly, make share price of lucky favour coffee is in dish before drop to exceed 85% and spark greatly for a time fusing.
Up to Beijing time 23: 50, lucky favour coffee dish in the 6th degree of time-out trades, drop at present 72.94% , share price signs up for 7.09 dollars, market prise evaporates about 4.8 billion dollar (make an appointment with a RMB 34.05 billion yuan) .
Be worth what carry is, astral Buck dish in go up greatly nearly 10% , go up subsequently a fall after a rise, up to Beijing time 11:50, share price signs up for 64.71 dollars, go up 3.34% .
Board of directors of lucky favour coffee already established special committee, special responsible and internal investigation submits to during year money signed up for audit 2019 a few problems that the board of directors notes, at present this investigation still is in initial phase.
Special committee becomes independent by 3 trustee Mr. Sean Shao, Mr.Tianruo Pu, Mr. Composition of Wai Yuen Chong, by Mr. Sean Shao holds the position of a chairman, mr. Tianruo Pu and Mr. Wai Yuen Chong was on March 27 the independent director that lucky favour coffee just appoints. Special committee already withheld independent counsel and law Wu accountant with respect to internal investigation, kirkland ＆ Ellis will hold the position of expert of independent law Wu accountant below the assistance of FTI Consulting.
Interior investigates the information with initial certain level to make clear, lucky favour coffee is presiding operation official (COO) held trustee Liu Jian and a few subordinate concurrently to be engaged in concoctive trade wait for misfeasance, from 2019 2 quarters arrive during 4 quarters, involve forge sale total amount to be 2.2 billion yuan of RMBs about, certain cost is mixed during charge also expands considerably accordingly.
Special committee expresses, afore-mentioned numbers have not pass independent test and verify, may undertake as what interior investigates and change. Lucky favour coffee is evaluating misfeasance the integral finance affairs of financial to its forms for reporting statistics is affected, the financial forms for reporting statistics before reminding investor to should not depend on lucky favour coffee again and accrual are released.
In addition, special committee still suggests to adopt certain remedy measure temporarily, include to suspend Liu Jian and the job that have the employee of embroil with misfeasance, pause and terminate a contract, forge trading relevant parties to do business with what be found out. The National Audit Office is accepted and implemented these proposals.
Lucky favour coffee expresses, will take all appropriate actions, include legal operation, to give way is his behavior to be in charge of for undeserved individual. Lucky favour coffee still will be in proper when the information that releases more to be investigated about interior, devote oneself to to adopt proper measure to improve built-in control.
Ever refuted muddy water to make empty report
In fact, be in early this year on January 31, muddy water company ever announced to receive to make empty report, coffee of straight favour pointing to luck is involved make a holiday. Company of water of the muddy when those thinks content is belonged to solid, publish a report on gregarious media, announce to make coffee of empty luck favour. Share price of lucky favour coffee also drops for a time accordingly 20% above.
This report thinks, lucky favour coffee from 2019 the 3rd quarter begins concoctive finance affairs and operation data, the net price of every the goods number that every the daily order of exaggerated door inn, order includes, commodity, build the false appearance of gain of inn giving sheet thereby. Pass puffery defray again, make a false report divides the takes loss of onlier than mask store fact of other goods outside coffee.
However lucky favour coffee issued announcement on Feburary 3 however, say this report contains misdirect sex and false information, deny all accusation in the report stoutly. Lucky favour coffee still thinks, ill will of this one report atttacked his to manage group, partner and business partner, exist to be misunderstood at all to company business mode and operation environment.
However nowadays bubble burst, naked swim lucky favour coffee is exposed eventually was in in masses eye shot.
Actually, of lucky favour coffee " burn money " mode is inside course of study from beginning to end controversy is quite much. In August 2019, zhang Weiceng of cornerstone capital president points out straight from the shoulder, the coffee that lucky favour coffee is a tradition substantially / beverage industry, whether the traditional ability that successful key depends on its operation cafes, expect lucky favour coffee proves him operation ability at an early date, just can judge its real value at the appointed time.
"No matter the mode of lucky favour coffee is final whether successful, do not suit to use the kind that cooks money to go outspread, it is better to turn thinness result subtly. " east encourage analyst of industry of negotiable securities computer also mention before this, the commercial pattern of lucky favour coffee is not put in the breakthrough a certain critical point, OK conquer competitor, build long-term moat, the long-term value that accordingly its burn money to bring is not great.
It is however before this, include how to believe negotiable securities, country to fill negotiable securities, medium peaceful negotiable securities, day wind negotiable securities inside many analyst, still be in the favour that it is luck bang the drum for sb. Be Ied hope, internet has memory, do not know those once gave lucky favour coffee to buy the analyst of grade, make at the moment why impressions?
Global or chase after together by law duty
Meanwhile, the share price of lucky favour coffee that in the light of water of the muddy before this the report brings steeps fall, office of attorney of American much home issues statement, remind investor concerned luck the collective lawsuit of favour coffee is about to arrive to refer time finally.
The message that comes from Globe Newswire shows, include Pomerantz LLP, Bragar Eagel & Squire, The Rosen Law Firm PA to wait inside, office of law of much home United States all expresses, if try,the loss was recovered to the investor that share of Guo Ruixing coffee buys between January 31, 2020 on November 13, 2019, lawsuit ought to be finished to refer before April 13.
It is reported, already place of much home law mentions to lucky favour coffee collective lawsuit, favour coffee makes charge luck be stated with misdirect sex phonily, violate law of American negotiable securities. This collective lawsuit already was on Feburary 13 south new York put on record of area place court.
Up to 2019 the end of the year, share share of coffee of favour of luck of hold of 158 orgnaizations investor, hold a gross to amount to 460 million, than amounting to 23.93% . And 2019 3 quarters end, only stock of coffee of favour of luck of hold of 94 orgnaizations investor, hold a gross to also be 300 million only. This is meant, only the four seasons was spent 2019, 64 orgnaizations are entered newly enter, was buried to be by hole nowadays.
And hold a detail to look from the orgnaization, up to 2019 the end of the year, 12 orgnaizations hold exceeds ten million stock of lucky favour coffee, have silver of American bank, luck already among them such international is famous cast row, also there is no lack of Capital Research Global Investors (fund of investor of global capital research) , LONE PINE CAPITAL LLC (Gu loose capital) such famous to pouring fund.
Notable is, newest castigatory " negotiable securities law " increase a provision newly: "The negotiable securities outside condition of People's Republic of China is issued and trade activity, order of market of churchyard of disturbed People's Republic of China, damage churchyard investor to close right increase, this law concerns according to to the regulation is handled and investigate legal duty. This law concerns according to to the regulation is handled and investigate legal duty..
This is meant, coffee of favour of even if luck is far go to the United States to appear on the market, but also encounter in home law is chased after likely duty.
In addition, lucky favour coffee still passed luck in January this year letter, Magenshidanli, medium golden company, sea connects international negotiable securities, KeyBanc Capital Markets and Needham to issue 9 million United States to put ask a stock (ADS) , among them partner put on sale 4.8 million.
When those, lucky favour coffee expresses, the plan will issue earning only money to be used at including a network the average company use such as expenditure of patulous, capital and research, affirmatory won't sell any income are gained in ADS from partner. This group is issued false to whether be involved nowadays, still need to make a question mark.
Amazed! Resurgence communication dash forward show 31 a large amount of trading, convert into money 10.63% , clinch a deal 1.56 billion yuan! Does large stockholder cover code showing show to repeat a year ago? Can gas deny market person to be hit again fold?
Global diagnose 930 thousand, the United States exceeds 210 thousand! Biergaici: The United States must shut everything! The US stock dies 1000 a little bit again, beautiful couplet store change regulation suddenly to give bank filling water again
Break out! 2 big travel steep fall suddenly, one day evaporates one billion two hundred and fifteen million seven hundred and fifty-two thousand one hundred and ninety-two market prise! Devotional " of " of share out bonus no longer, domestic bank whether follow-up?
Weigh a pound! Certificate course of study classifies grade to greet overhaul, add minute of major key that reduce cent to rectify! Cancel net capital, battalion to close wait for index, to in little ticket business tilts, see 4 big change
Certificate employment sees profit is good again! Express pilot be born, the 6 certificate business such as the gold in Huatai is being believed in is seleted! This one coefficient is reduced 0.2, should business of certificate of class of Chinese aircraft carrier come?
Copy a copy abroad eat a thick soup that close the door! Time-out of nearly 50 QDII is big explain buy, "Dollar shortage " continues, financing cost still rises in violent wind! Bureau of the Central Bank, foreign currency moved
