Buy a fake Hong Kong residence permit【visit: hk965.com】【whatsapp:+852 92908202】【telegram:hz99888】Professional production of documents, including passports, visas, driver's licenses, ID cards, green cards, residence cards, various certificates, and utility bills Global shipping, safe and fast. Contact us if needed.,【Customized website: https://hk965.com】,【whatsapp:+852 92908202】【telegram:@hz99888】Buy a fake Hong Kong residence permit,Buy a fake Hong Kong residence permit. . . . . . . . A few days ago, Shanghai Hanxing Energy Technology Co., Ltd. (hereinafter referred to as "Hanxing Energy"), which operates engineering design consulting, hydrogen production equipment integration, industrial gas investment and operation management, updated its prospectus and responded to the Shenzhen Stock Exchange's review inquiry letter.In this IPO, the company plans to list on the GEM and plans to raise 285 million yuan.In addition to the dividends on the left hand, the planned ultra-high proportion of capital raising and supplementary financing on the right hand, and the independence and qualifications of the independent directors, the reporter of "Popular Securities News" also discovered that Ji Zhiyuan, one of the actual controllers of Hanxing Energy, surrounded the subsidiary Shanghai Hanxing Chemical Technology Co., Ltd. (formerly known as "Shanghai Huaxi Chemical Technology Co., Ltd. (hereinafter referred to as "Shanghai Hanxing") once went to court with Chengdu Huaxi Chemical Technology Co., Ltd. (hereinafter referred to as "Chengdu Huaxi"). When the company reconciled with Chengdu Huaxi, it signed a "prohibition ordinance", but the prohibition period was not expired and the agreement was lifted.Hou Shijie, who has a close relationship with Chengdu Huaxi, and Wu Fang, another actual controller of Hanxing Energy, divorced during the reporting period. In addition to being a participant in two patents of Hanxing Energy, Hou Shijie has many related companies and companies that are upstream and downstream in the industry chain or competing in the same industry. The company also has business dealings with its affiliated companies during the reporting period.There was a court battle with Chengdu Huaxi over their equity interestsAccording to the prospectus, Shanghai Hanxing Energy Technology Co., Ltd. (hereinafter referred to as "Hanxing Co., Ltd."), the predecessor of Hanxing Energy, was established in 2010. Wu Mei, Tian Rong and Yin Dongmei subscribed for capital contributions of 20 million yuan, 20 million yuan and 10 million yuan respectively.However, the above three people are all proxy holders. Standing behind them are Wu Mei's sister Wu Fang, Tian Rong's brother-in-law Ji Zhizhi and Yin Dongmei's husband Li Mingwei.Ji Zhizhi, Wu Fang, and Li Mingwei are persons acting in concert with Hanxing Energy and are also the actual controllers of Hanxing Energy.Currently, Ji Zhizhi, Wu Fang and Li Mingwei directly hold 36.4 million shares, 36.4 million shares and 18.2 million shares of the company respectively, accounting for 34.05%, 34.05% and 17.03% of the company's pre-issuance shares respectively.Ji Zhizhi and other three people also collectively hold 1.21%, 1.21%, and 0.55% of the pre-issuance shares of Hanxing Energy through Shanghai Huanwei and Shanghai Yuxi respectively; at the same time, Ji Zhizhi and Wu Fang are general partners of Shanghai Huanwei and Shanghai Yuxi respectively, and control the voting rights of Hanxing Energy shares held by Shanghai Huanwei and Shanghai Yuxi.Wu Fang, one of the actual controllers of the company, divorced her husband Hou Shijie on May 20, 2021 during the reporting period.It should be noted that Ji Zhizhi, one of the actual controllers of the company, had an equity dispute with Chengdu Huaxi regarding the equity of Shanghai Hanxing, a subsidiary of Hanxing Energy.In March 2013, the relevant equity disputes were resolved following a court ruling.According to the settlement agreement, Chengdu Huaxi transferred 90% of its shares in Shanghai Hanxing to Ji Zhizhi and authorized Ji Zhizhi to use its own PSA (pressure swing adsorption technology) hydrogen purification technology for free. However, various operations before and after the settlement are still questionable.Chengdu Huaxi, one of the parties to this equity dispute, has deep connections with Hanxing Energy and Wu Fang鈥檚 ex-husband.Chengdu Huaxi was a historical shareholder of the company's wholly-owned subsidiary Shanghai Hanxing; the actual controller and some employees of Hanxing Energy historically held shares in Chengdu Huaxi; Wu Fang's ex-husband Hou Shijie served as the chairman, general manager and legal representative of Chengdu Huaxi, and held 8.38% of its shares.The company's reply to the inquiry letter shows: "On October 9, 2003, Chengdu Huaxi, Ji Zhizhi, Liao Qifang and Hou Shijie made a shareholders' meeting resolution and agreed to establish Shanghai Hanxing (originally known as "Shanghai" when it was established).Huaxi"), it was agreed that the company's registered capital would be 3 million yuan, and the company's articles of association were adopted." At that time, Chengdu Huaxi held 90% of Shanghai Hanxing's equity, and Ji Zhizhi, Liao Qifang, and Hou Shijie each held 3.33% of the equity.On June 13, 2010, Chengdu Huaxi informed Ji Zhizhi via email that it planned to transfer 90% of its equity in Shanghai Hanxing (hereinafter referred to as the "equity involved") to Chengdu Huaxi Industrial Gas Co., Ltd. (hereinafter referred to as "Huaxi Gas") for a price of 2.7 million yuan.On June 16, Ji Zhiyong sent a fax letter to Chengdu Huaxi requesting to purchase the equity involved in the case in accordance with the same conditions as the Equity Transfer Agreement.Although Chengdu Huaxi had confirmed receipt of the above fax with a stamp, it did not respond to Ji Zhiyong's request to exercise the right of first refusal.On October 7, 2010, Chengdu Huaxi signed an "Equity Transfer Agreement" with related party West China Gas, agreeing to transfer the equity involved in the case at a price of 2.7 million yuan.On the same day, Chengdu Huaxi, Huaxi Gas and Chengdu Grateful Investment Co., Ltd. (hereinafter referred to as "Grateful Investment") signed another "Equity Transfer Agreement", stipulating that Grateful Investment would exchange its 20% equity in West China Gas for 90% of the equity in Shanghai Hanxing held by Chengdu Huaxi. It was also agreed that the aforementioned "Equity Transfer Agreement" was signed to facilitate industrial and commercial registration.On the 10th of the same month, the third parties Hou Shijie and Liao Qifang signed a letter of commitment, agreeing to the equity transfer and promising to give up the right of first refusal.After Chengdu Huaxi made it clear that it refused to transfer the equity involved in the case to Ji Zhiyong, on October 12, 2010, Ji Zhiyong filed a lawsuit in court on the grounds of infringement of its right of first refusal.On November 19 and December 21, 2010, the Jinniu District People's Court of Chengdu held a hearing on the case, and made a first-instance judgment on March 18, 2011.The court held that since Chengdu Huaxi had held an interim board of directors on October 29, 2010 and terminated the Equity Transfer Agreement between it and West China Gas, the prerequisites for Ji Yuan to exercise the shareholder's preemptive right were no longer met, so he should not enjoy the shareholder's rights.After the judgment was made, Ji Zhiyuan was dissatisfied with the judgment and appealed to the Chengdu Intermediate People's Court on May 9, 2011. Several legal professionals were also invited to conduct a special argumentation on the case and issued a "Legal Opinion".Chengdu Huaxi responded that the "Equity Transfer Agreement" was not a true expression of intention.On the contrary, the "Equity Transfer Contract" signed with West China Gas and Thanksgiving Investment on the same day is the true expression of intention.The real purpose of this equity transfer is the equity exchange for the listing of the company, and the "Equity Transfer Agreement" is a formal document made for industrial and commercial changes.On April 25, 2012, the Chengdu Intermediate People鈥檚 Court issued a second-instance judgment and ruled that the case be remanded for retrial.On March 22, 2013, the Jinniu District People鈥檚 Court of Chengdu issued a retrial judgment.The court held that, first of all, the shareholder's preemptive right was a right of formation. When Chengdu Huaxi and West China Gas signed the Equity Transfer Agreement, and Ji Zhiyong proposed to purchase on equal terms, Ji Zhiyong had already replaced West China Gas as the subject of the Equity Transfer Agreement and should inherit the rights and obligations of West China Gas in the Equity Transfer Agreement.Therefore, the right of first refusal will not be invalidated by the termination of the Equity Transfer Agreement.Secondly, Ji Zhizhi鈥檚 right of preemption was based on the Equity Transfer Agreement, not the Equity Transfer Contract, and the Equity Transfer Agreement was proven by Hou Shijie鈥檚 cross-examination in court, notarized documents and other legal and valid evidence, making it highly probable.Therefore, the judgment supports that Ji Zhiyong should transfer 90% of the equity of Shanghai Hanxing for 2.7 million yuan according to the conditions in the Equity Transfer Agreement.On March 31, 2013, Ji Zhiyong signed a settlement agreement with Chengdu Huaxi, stipulating that in addition to purchasing 90% of the equity of Shanghai Hanxing for 2.7 million yuan in accordance with the retrial judgment, Ji Zhiyong agreed to pay an additional RMB 1 to Chengdu Huaxi.7.3 million yuan in commercial compensation (of which 14 million yuan will be paid in four installments in the form of Shanghai Hanxing dividends, and 3.3 million yuan will be paid in the form of Shanghai Hanxing debt exemption), and authorizes Ji Zhizhi to use Chengdu Huaxi PSA hydrogen purification technology for free.However, the above-mentioned settlement agreement also stipulates that after the equity transfer, Ji Zhiyong and the companies he controls will not participate in the pure PSA hydrogen purification projects of Sinopec and PetroChina within 10 years, including Chengdu West China, West China Research Institute, and West China Gas.On April 2, 2013, Chengdu Huaxi and Ji Zhiyong signed an "Equity Transfer Agreement", agreeing that Chengdu Huaxi would transfer its 90% equity in Shanghai Hanxing (corresponding to a subscribed capital contribution of 2.7 million yuan and a paid-in capital contribution of 2.7 million yuan) for a price of 2.7 million yuan.Transferred to Ji Zhizhi; on April 8, 2013, Liao Qifang and Ji Zhizhi signed an "Equity Transfer Agreement", and Liao Qifang transferred the 3.33% equity of Shanghai Hanxing (corresponding to the subscribed capital contribution of 100,000 yuan and the paid-in capital contribution of 100,000 yuan) to Ji Zhizhi for a price of 100,000 yuan.After the completion of this equity transfer, the equity structure of Shanghai Hanxing is that Ji Zhiyong holds 96.67% of the shares and Hou Shijie holds 3.33% (see Figure 1). Chengdu Huaxi has withdrawn from the list of shareholders of Shanghai Hanxing.Figure 1: Screenshot of the equity situation of Shanghai Hanxing (formerly known as "Shanghai Huaxi") in April 2013The ex-husband of the actual controller participated in two patents of the companyIt should be pointed out that behind the above-mentioned settlement agreementJi Zhizhi, Wu Fang, Li Mingwei, the actual controllers of Hanxing Energy, and deputy general managers Ji Xiaoshan and Zhou Qin once held shares in Chengdu Huaxi. They once held 0.45%, 2.39%, 0.05%, 0.03%, and 0.02% of the shares in Chengdu Huaxi respectively.Among them, the shares held by Wu Fang were divided to Hou Shijie when she divorced on May 20, 2021, while Ji Zhiyong, Li Mingwei, Ji Xiaoshan, and Zhou Qin all transferred their shares in Chengdu Huaxi to Hou Shijie on November 15, 2021 (see Figure 2).Figure 2: Screenshot of the company鈥檚 actual controller and employees鈥?withdrawal from Chengdu HuaxiCoincidentally, on November 15, 2021, when the above-mentioned equity transfer was completed, Ji Zhiyong also signed the 鈥淪upplementary Agreement to the Settlement Agreement鈥?with Chengdu Huaxi, cancel the authorization to use PSA technology for free, and explain that there are no disputes, disputes or potential disputes between Ji Zhiyue and the companies controlled by Ji Zhiyue and the ownership, authorization and use of PSA hydrogen purification technology owned by Chengdu Huaxi and/or used in its production and operation.Hanxing Energy emphasized: 鈥淭he PSA technology currently used by the issuer is formed through continuous iterative upgrades based on the general hydrogen purification technology, and has nothing to do with the technology authorized by Chengdu Huaxi. As of the date of the reply to this inquiry letter, the issuer has independently developedThe company has obtained 19 PSA technology-related patents, and the inventors of the patents are all the issuer鈥檚 core technical personnel, R&D and design personnel.鈥?/p>Then, behind the free use of PSA-related technology and the 鈥渢en-year prohibition period鈥?reached in the settlement agreement., does it mean that there is a horizontal competition relationship between Ji Zhiyuan Controlled Enterprises and Chengdu West China, West China Research Institute, and West China Gas? Before the ten-year prohibition period expired, the relevant parties signed a supplementary agreement to overturn the relevant clauses in the above-mentioned settlement agreement. What is their intention?At the same time, the reporter also discovered that among the 19 PSA-related patents disclosed by Hanxing Energy, the patent for "A Pressure Swing Adsorption Device Easy to Perform Pressure Equalization Operation" was filed on June 13, 2014; "An Inlet Distributor and LargePSAsThe filing date of the patent application for "Purifier" was June 6, 2014, and both were disclosed as originally obtained by the company.The participants in these two patents include the actual controller Wu Fang's ex-husband, Hou Shijie, the current chairman and general manager of Chengdu Huaxi (see Figure 3).Figure 3: Screenshot of Hou Shijie's participation in the company's two patentsIn addition, Hou Shijie currently serves as Chengdu Yi.Director and general manager of Zhi Technology Co., Ltd., director of Chengdu Huaxi Chemical Industry Institute, director of Guizhou Yuanhua West Technology Development Co., Ltd., director of Shanghai Banhua Chemical Machinery Co., Ltd., legal representative of Chongqing Yizhi Technology Co., Ltd., legal representative of Chengdu Yizhi Machinery Equipment Co., Ltd., legal representative of Chengdu Senhua Yizhi Valve Co., Ltd., legal representative of Huaibei Senhua Yizhi Adsorbent Co., Ltd.Representative, holder of 23.64% equity of Chengdu Keli Keying Environmental Protection Technology Development Co., Ltd., director of Chengdu Huake Valve Manufacturing Co., Ltd., director of Chengdu Huaxi Industrial Gas Co., Ltd., director of Changsha Huaxi Chemical Technology Co., Ltd., indirect shareholder of Jiangsu Junyan Hydraulic Equipment Co., Ltd., shareholder of Chengdu Yikehua Environmental Protection Technology Co., Ltd., indirect shareholder of Chengdu Huachang Energy Technology Co., Ltd.Shareholders.Many of these companies have upstream and downstream industrial chain relationships or horizontal competition relationships with Hanxing Energy.Also, in 2021, when Wu Fang and Hou Shijie divorced, Hanxing Energy and Hou Shijie鈥檚 affiliated company Chengdu Huake Valve Manufacturing Co., Ltd. had a purchase transaction of 2.5664 million yuan.So a series of questions surrounded the company: Wu Fang and Hou Shijie.Hou Shijie divorced on May 20, 2021 during the reporting period. The company has horizontal competition or upstream and downstream industry chain relationships with many companies run by Hou Shijie, the ex-husband of Wu Fang, the actual controller. In 2021, it still made purchases with its affiliated company Chengdu Huake Valve Manufacturing Co., Ltd.; in addition, not only did the company have overlapping shareholders with Hou Shijie's Chengdu Huaxi, which has a significant influence, but also Ji Zhiyi and ChengduHuaxi had an equity dispute, and after reaching a settlement agreement in 2013, it authorized Ji Zhiyong to use Chengdu Huaxi PSA hydrogen purification technology for free.In addition, after agreeing on the equity transfer, Ji Zhiyong and its controlled companies also agreed not to participate in the pure PSA hydrogen purification projects of Sinopec and PetroChina for 10 years.Chengdu Huaxi, West China Research Institute, and Huaxi Gas later signed an agreement.The company also said that the PSA technology currently used was formed by the issuer through continuous iterative upgrades based on the general hydrogen purification technology, and has nothing to do with the technology authorized by Chengdu Huaxi. However, among the 19 PSA-related patented technologies owned by the company, the participants of two patents include Hou Shijie.Are the actual controllers Wu Fang and Hou Shijie divorcing to avoid risks in horizontal competition and related transactions?Will there be intellectual property risks in the company's PSA patented technology related to Hou Shijie? Regarding the above questions, a reporter from the "Popular Securities News" wrote to Hanxing Energy via email, but as of the time of publication, this reporter has not received a reply.This reporter will continue to pay attention to other noteworthy situations in Hanxing Energy.Wang Jun