**: Straight through IPO; Text: Shao Yangang
The chairman of another A-share listed company was detained.
On February 28, Tianji Technology, a cloud computing and big data service provider, announced that the company's board of directors received a notice from the family of the company's chairman Su Yujun on February 27 that Su Yujun was detained on suspicion of collusive bidding, and related matters are still under investigation.
On the day of the investigation, Su Yujun submitted a resignation report to the company, resigning from the company's chairman, director, general manager and other positions. After resigning from the above positions, Su Yujun no longer holds any position in the company.
On February 28, Dimensity Technology issued another announcement stating that in order to ensure the normal operation of the company's board of directors, the company's board of directors urgently elected Su Bo as chairman and general manager.
According to the relevant ** confirmation, Su Bo is the son of Su Yujun, and Su Bo is the largest shareholder and actual controller of Dimensity Technology, with a shareholding ratio of 1296%。
For the rapid replacement of the chairman of Dimensity Technology, the Shenzhen Stock Exchange issued a letter of concern, requiring Dimensity Technology to explain the relevant matters. At present, Dimensity Technology has not publicly responded to the relevant questions. Affected by the news of Su Yujun's detention, the stock price of Dimensity Technology fell by 13 on February 2823%。
According to the announcement of Dimensity Technology, Chairman Su Yujun was detained on suspicion of collusive bidding. The Shenzhen Stock Exchange has also issued a letter requesting TiRobot to fully assess the impact of Su Yujun's detention on the stability of the company's control, finance, production and operation, as well as the countermeasures it has taken and intends to take, and fully warn of the relevant risks.
According to Article 223 of the Criminal Law, the crime of collusion in bidding refers to the act of bidders colluding with each other in bidding, harming the interests of the tenderer or other bidders, or colluding with the tenderer to bid and harming the legitimate rights and interests of the state, collectives and citizens, and the circumstances are serious. The subject of this crime is a special subject, which can only be bidders and tenderers, including individuals and units.
Tianji Technology is a provider of IT services, infrastructure localization and smart industry application solutions, and its main business is IT support and maintenance services, IT outsourcing services, IT professional services, IT software services and other technical services, as well as software and hardware sales business. As a third-party IT service provider, Tianji Technology's business income basically relies on customer bidding, and Tianyancha information shows that Tianji Technology, as the main company, has won a total of 20 project bids since 2024.
However, the specific case of Su Yujun's suspected bid-rigging has not yet been announced, and it is unknown whether the business operation of Tianji Technology will be affected.
Su Yujun has served as the chairman of the company since September 20, 2018, although he is the company's legal person and general manager, Su Yujun is not the actual controller of Dimensity Technology. It is understood that up to now, the largest shareholder of Tianji Technology is Shenzhen Yulong Capital, with a shareholding ratio of 838%, and the largest individual shareholder is Su Bo, with a shareholding ratio of 458%。Subo is a 100% controlled company by Yulong Capital, and Subo holds a total of 12 Dimensity Technology95% of the shares.
It is worth noting that Su Yujun and Su Bo have a father-son relationship.
In addition, Dimensity Technology was founded in 2001 and listed on the Growth Enterprise Market in 2011. Therefore, Su and his son are not the creators of Dimensity Technology, and their ownership of Dimensity Technology has been in 2017.
It is understood that the predecessor of Tianji Technology is Shanghai Tianji Technology Co., Ltd., which was jointly funded and established by Lu Wenxiong and other seven natural persons in October 2001.
In November 2017, Tianji Technology made a non-public offering of shares, and Su Bo purchased 1433960,000 shares, with a shareholding ratio of 453%。At that time, Subo had become the second largest shareholder of Dimensity Technology.
In September 2018, Su Yujun was elected chairman of Dimensity Technology, and the company's founder, Lu Wenxiong, stepped back into the background. According to the announcement at that time, Lu Wenxiong no longer served as a director, supervisor and senior management of the new board of directors and the board of supervisors due to family and personal reasons, but he was still a strategic investment advisor of the company and received remuneration.
Until May 2019, Lu Wenxiong signed an equity transfer agreement with Shenzhen Yulong Capital, and transferred his 838% of the shares, for a price of 3The RMB 1.5 billion agreement was transferred to Yulong Capital. Since then, Dimensity Technology has officially changed hands, and Subo has become the company's largest shareholder.
It is reported that Yulong Capital was established in 2015, and its business scope is investment management and other financial businesses, but since its establishment, Yulong Capital has only made two shots, namely two listed companies, Tianji Technology and Yongding Shares. However, Yulong Capital's investment in Yongding shares has been withdrawn in 2021, and the only company currently invested in and holds shares is Dimensity Technology.
The Sou father and son didn't start out in the tech industry. According to public information, Su Yujun is still in Xuchang Sanchang Industry
Beijing Xinao *** formerly Evergrande **) Nanyang Xin'an Real Estate Development Co., Ltd. and Beijing Xinao Film and Television *** and other four companies as shareholders, in addition to seven companies as executives.
Su Yujun started in Xuchang, Henan Province, and is engaged in real estate development and other businesses. It is worth noting that Xuchang Sanchang Industrial *** has also intersected with Xu Jiayin's Evergrande Real Estate.
It is reported that Xuchang Sanchang Industry was funded by Su Yumin, Su Yulin and Su Yujun, and the three are also known as the three brothers of Xuchang Su. In 2006, the three brothers established Nanyang Yihexin Real Estate Development through a joint venture between Xuchang Sanchang Industrial and Evergrande Real Estate
In addition, Beijing Xinao***, which Su Yujun currently holds shares, was called Evergrande before 2019 and was a subsidiary of Evergrande Culture.
Su Bo, the newly appointed post-80s generation, is different from his father who is mostly engaged in industry, and his entrepreneurial experience is mostly in the investment field. Tianyancha information shows that in addition to Yulong Capital, Su Bo also holds shares in Guanyou Venture Capital*** and Donghong Venture Capital*** At present, the most high-quality assets under his name may be the listed company Tianji Technology.
During the six years that Su and his son were at the helm of the company, the performance of Dimensity Technology turned into a loss.
In 2017, Su Bo participated in the private placement of Dimensity Technology, and that year, the revenue of Dimensity Technology was 3600 million yuan, net profit of 03.2 billion yuan, and the performance has declined.
After the Su father and son took over Dimensity Technology, the company's revenue increased from 3$8.8 billion to $5. in 20229.8 billion yuan, although there is an obvious **, but the net profit has declined year after year, from 05.7 billion yuan, but by 2022, it will lose 00.4 billion yuan. Dimensity Technology posted its first loss since going public in 2011.
According to the annual report performance forecast released by Tianji Technology on January 30, its performance has not improved, and the announcement shows that it is expected to have a net loss of 60 million yuan to 85 million yuan in 2023, deducting a non-net loss of 69 million yuan to 94 million yuan, and the loss will further expand.
As for the reasons for the loss, Dimensity Technology said that the industry in which the company is located presents a diversified competition pattern; At the same time, the company's project implementation, acceptance procedures, and collection progress are slower than expected; Project procurement costs and labor costs have risen. Affected by the intensification of market competition and the increase in project delivery costs due to the extension of the project cycle, the overall gross profit margin of the project showed a downward trend, and the company's net profit decreased year-on-year.
According to CCW Research's research data, Dimensity Technology ranked seventh in the data center IT infrastructure third-party service market in 2022, basically the same as the previous year, and ranked second in the market share in East China.
It has been more than 6 years since he became a listed company, and it is also a period of transition for Su's father and son. However, the industry in which Dimensity Technology is located is facing the demand for a large amount of IT infrastructure in the market, and the industry is on an upward trend, and it is unknown whether the performance of Dimensity Technology can meet expectations.