Core Viewpoint - Shengyuan Environmental Protection (300867.SZ) disclosed significant losses incurred from its investment in a private equity product managed by Shenboxin Investment, highlighting issues of mismanagement and potential legal violations [1][5]. Group 1: Investment Details - Shengyuan Environmental Protection's wholly-owned subsidiary, Xiamen Jinlingji, invested 60 million yuan in the "Shenbo Hongtu Growth No. 1" private equity product [1]. - The net value of the product dropped from 0.9215 to 0.2596 within a week, representing a decline of 71.83% [1]. - As of December 25, the product's net value further decreased to 0.1846, resulting in a cumulative loss of 81.54%, equating to approximately 46.92 million yuan, which exceeds 10% of Shengyuan's audited net profit for the last fiscal year [5][6]. Group 2: Investigation and Legal Actions - Following the discovery of the losses, Shengyuan established a special task force to investigate the situation [1]. - Shenboxin Investment's representative, Wen Tingtao, agreed to bear joint liability for the principal loss but only paid an initial amount of 2 million yuan, with subsequent payments not received by the deadline [5]. - Shengyuan has reported the case to law enforcement and the China Securities Regulatory Commission, and has requested the freezing of the product's account to secure remaining assets [6]. Group 3: Management and Compliance Issues - Preliminary findings indicated that Shenboxin Investment engaged in unauthorized trading, violated disclosure obligations, and potentially falsified net value information [5]. - The custodian, China Merchants Securities, is also implicated for failing to fulfill its supervisory duties, which may result in shared liability for the losses incurred [6]. - Shenboxin Investment has a history of managing a limited number of products, with eight out of thirteen previously registered products having been liquidated early [8][13].
圣元环保子公司6000万买私募巨亏81%,涉事私募备案信息“名不副实”