永悦科技三方隐秘联系调查 预付货款到底流向何处？

Core Viewpoint - The stock price of Yongyue Technology has experienced significant fluctuations, including multiple trading halts and a recent surge, raising concerns about the company's financial dealings and relationships with suppliers and clients [2][3][4]. Group 1: Stock Performance - As of June 4, Yongyue Technology's stock price was 7.38 yuan, with a market capitalization of 2.652 billion yuan, achieving three consecutive trading limits [2]. - The stock hit a limit down on June 5, followed by a limit up on June 6, and continued to rise by 3.71% on June 9, with another limit up on June 10 [2]. Group 2: Financial Relationships - Yongyue Technology's financial issues are linked to transactions with suppliers such as Jiangsu Lingxu and Zhongchuan Huaxia, leading to significant other receivables and bad debt provisions [3][6]. - The company reported a year-end balance of 34.0355 million yuan in other receivables for 2024, with a bad debt provision of 19.4757 million yuan, primarily due to credit impairment from supplier transactions [6][7]. Group 3: Supplier and Client Connections - Jiangsu Lingxu, a non-related party to Yongyue Technology, has raised questions due to its connections with the company's major shareholder, Jiangsu Huaying [4][9]. - Yongyue Technology's procurement from Jiangsu Lingxu involved a prepayment of 19.47 million yuan for 1,494 vending machines, but only 264 units were delivered before the contract was terminated [6][7]. Group 4: Legal and Investigative Actions - There are ongoing legal disputes related to the collection of commercial acceptance bills, with Yongyue Technology having not recovered 12 million yuan in bills and cash [7][9]. - Investigations have revealed that multiple companies associated with the same legal representative, Wang Yizhong, have questionable operational statuses, raising further concerns about the legitimacy of these entities [10][13][15].