CTDC incorp on 19 Sept 1995 in BVI. 30 June 2000, CTDC’s subsidiary Jingle BVI buy BHL Networks from Zhangdi’s China Internet Technology Co Ltd and disposed BHL Networks in 29 Dec 2008. 13 Sept 2005, CTDC buy CNT from BHL, issue consideration shares of CTDC to BHL. 9 July 2007 CTDC decided to enter PV business. 30 June 2002, 张迪‘ China Internet buy 1,18m from China C&Y, source page 18 of Dec 2003 Form 20-F . 23 apr 2005 China Internet sell to Beijing Holding 1.18m, in 27 Apr 2005 13D filing cliam no more. 7 June 2005 13D/A page 3 claim that cannot be completed. Alan Li thought of a crime from USA boiler room scammers. first own a listed company, then control some legitimate listed or non-listed companies, use this normal company money to buy dummyhead owned junk stocks at very high inflated price. Alan Li executed this methods in several companies, say Hong Kong’s 8111, 686, 309, EBODF/CTDC etc . Maybe there many others too. Actually he can invest the cash but board must be under his control so he can use that cash to buy junk stocks and get control interest free. 5 May 2004 Alan Li incorp Biotech BVI , source 30 Nov 2006 (Biotech late rename to China Technology Investment Group Ltd CTIG, final rename to China Merchant New Energy Group Ltd CMNE.12 Dec 2004 shareholder of FSD exchange FSD share to get Biotech share. Snowhill get 41.52%, Alan Li control 58.48% (VR 22.83,Japan 1 12.04,Pair 9.44,Zhing Ying 14.17%=58.48%). Alan Li gave 41.52% of Biotech almost free , to Snowhill (CMG >CMTH>Snowhill ), so Alan Li can claim Biotech is a CMG subsidiary company.27 Apr 2005 a new Board. Alan Li was appoined CTDC ED on 24 May 2005, CEO on 8 Jan 2007, Chairman on 23 May 2007. Lu Zhenwei as ED on 5 Jan 2007, CFO on 7 July 2011. 9 Jan 2006 Tramford rename to CTDC. Biotech first time appear on doc page 56 of 2005 Form 20-F. First time disclose Biotech shareholders, yes , page 36 of 6-K of 30 Nov 2006 (Largest single shareholder is Snowhill BVI 41.52%, Pair Venture Ltd BVI by Alan Li 9.44%, Zhang Ying 14.17%, Victory Rise Group Ltd BVI 22.83%, Jap No.1 Ltd Cayman 12.04%, sum 100%). Alan Li hide the fact that from 2004 to 21 Nov 2007, Alan Li actually control 58.48% of Biotech while Snowhill 41.52% though single largest. 21 Nov 2007 Snowhill increased to 53.56% while Alan Li owned 46.44%. 6 Feb 2015, Snowhill increase to 79.36% while Alan Li 20.64%. 21 July 2006 6-K: CTDC’s major shareholder is Beijing Holdings Ltd, BHL. 27 Nov 2006 BHL start first time, to sell 2m existing share to Biotech and 4 seller placed 4.25m CTDC shares to 3 buyers: Biotech 1.5m, Eastern1.75m, Harvest 1.0m total 4.25m, all price US$2.5. then outstanding 12.226m. Why Chiu only get 0.5m ? 27 Nov 2006, Chiu Tung Ping’s BVI Company Eastern Ceremony Group Limited subscribe 500,000 shares CTDC US$2.5, source 30 Nov 2006 Form 6-K, page 232-250. 12 Apr 2007 6-K increase to 800,000 shares 5.66% of total. https://www.sec.gov/Archives/edgar/data/1027454/000114554906001660/h00872e6vk.htm#132. 26 Dec 2007 13G filing , Eastern owned 1,215,342 shares of CTDC , 7.59%. 4 Dec 2008 Form 144, Chiu plan to sell 300,000 shares. 4 May 2009 Form 144, Chiu plan to sell 500,000 shares from 29 apr to 29 July 2009, but past 3 months only sold 5800 shares at US$ 10.73 each. From Feb 2007 to Jan 2009, Chiu bought 1,537,603 shares which is 9.85% of 15,603,669 shares if at end of 2008 , in Form 20-F . At Apr – July 2009 Chiu discovered that he can not sell since no liquidity. So Chiu blamed Feng Yu. Ren Baogen bought CTDC too probably in later 2007. Biotech first appear in 2006 Form 20-F page 40 ？. Nov 2006 Beijing Holding sold CTDC to Biotech. Jan 2007 Biotech became largest shareholder of CTDC. 16 Jan 2007 6-K, CTDC announced change of principal shareholder. CMG is the ultimate principal shareholder (?). Biotech is CMG’s subsidiary. shown in www.cmhk.com Jan 2007. CTDC website Jan 2007 was www.ChinaCTDC.com. After CMG became shareholder, Jan 2007 CTDC still do the old business of Network security and nutraceutical business, until Sept 2007 Form 6K, CTDC decided to change to PV business. 11 March 2008 13D , D3 sign for Biotech, owned 32.19% common stock of CTDC and 25% of voting power due to 1m prefered stock.
Snowhill own Biotech, Biotech own CTDC. 13 Apr 2007 Snowhill 41.52% of Biotech, while D3 plus Zhang together is 46.44%. 20 June 2007 Biotech own 24.74% of CTDC , source page 40 of Dec 2006 Form 20-F, 0.4152×0.2474=10.27%. 21 Nov 2007 Snowhill increased Biotech from 41.52% to 53.56%, Biotech own 32.19% of CTDC Dec 2007 Form 20-F. 0.5356×0.3219=17.24%. but why 2010-2012 Alan Li had 42.15% of Biotech ? Last Form F-20 of Dec 2011, Biotech owned CTDC 18.37%. 53.56%x18.37%=9.83% .Biotech also owned prefered shares 1(2007) plus 1(2015) total 2m shares representing 25% overallvoting. Snowhill final increased Biotech to 79.36% in 6 Feb 2015 while D3’s Magicgrand hold remaining 20.64% (source D3 defence ) , also source 686 announcement on 10 Feb 2015. If Biotech still owned 18.37% as recorded in last annual return dec 2011 Form 20-F, 0.7936×0.1837=14.58%. D3 plus Mr. ZhangYing own Biotech 46.44 , higher than Snowhill 41.52% before 21 Nov 2007. 21 Nov 2007, Snowhill increase to 53.56%. That is the trick of D3. Prefered shares most earlier mention in 21 Dec 2007 13D page 4 of SPA, CTDC buy faster asset from Biotech, issued 1m prefered shares, represent 25% of total voting right (defined as common plus prefered=total ) , just to prevent proxy fight with Chiu Tung Ping or others. Most clear definition in 30 Sept 2010 F-3, voting, dividend, liquidation, ranking, redemption, convertibility. Another source in page 5 of 6 Aug 2012 AGM (?) for 10 to 1 discussion notice. 2nd 1,000,000 prefered share in Jan 2015. At 6 Feb 2015, Snowhill own Biotech 79.36%, they increased for fear ? Because Chiu loss a lot from CTDC shares which he bought starting Nov 2006, Chiu blamed Feng Yu and coerce Feng Yu to invest PE One money into CTDC and CTDC use that money to invest to Chiu’s project. Apr 2009 CMTF PE One CB US$10m 3 year (12 May 2009 CB $10m to PE One) , 27 Oct 2009 CTDC use that money for initial deposit US$3m to invest into Chiu’s PV project CTSP, buy 51% of GMIL . 30 Nov 2009 Form 13D abnormal behavior,convert to 3,322,260 shares , 17.2% of total 19,280,057 shares, source 6 Jan 2010 13D. Later due to regulation, CTDC cannot acquire Chiu’s PV project, 11 Oct 2010 terminate it, Chiu has to return that US$3m to CTDC, source 16 Apr 2011 6-K . This is proof that Chiu Tung Ping join the Fraud too. Also Feng Yu join all of it.
Mr. Chiu Tung Ping , a frequent law violator, once threat and blackmail several persons. : Feng Yu, Alan Li, Qin Yun, Ren Baogen and Wang Daling, Bernard. Chiu Tung Ping also violate HK SFC law, US Sec law, HKEX regulation though never charged by authority. Actually Alan Li once bluffing not afraid of Chiu Tung Ping. 14 May 2010 13G filing, Wanhe subscribe 2m shares 9.36% at $3.01．13 Oct 2010 6-K, 3 Oct 2012 6-K EX-99.1 and 24 Oct 2012 6-K EX-99.1 all claim exactly : CTDC’s major shareholder is China Merchant Group , a state-owned conglomerate in China (http://www.cmhk.com). For more information, please visit www.chinactdc.com. 16 apr 2011 6-K still claim : CTDC’s major shareholder is CMG .2010-2012 Alan Li own 42.15% of Biotech, while Snowhill own ?% of Biotech ? 11 Feb 2013 last trading day in Nasdaq. Alan Li mislead public ? who is largest shareholder of Biotech then ? 10 May 2013 686 收购招商新能源92.17% Prospectus page 199 claim : 招商新能源 为招商局集团有限公之间接附属公司 。EBOD 之间接全资附属公司凌阳能源。。。Then Luzhen Wei sign on behalf of Biotech, he did not say Biotech belong to CMG group in 2006 . 12 Jan 2007 Biotech became largest shareholder of CTDC, never mention CMG then, but 16 Jan 2007 6-K claim CMG is ultimate shareholder. Lu ZhenWei is still one of the 3 directors of Cayman’s Nex (previous CTDC) as at 2022, the other two are Wang Wei Dong, Zeng Xiangyi. Lu is director of 3 related companies : 686, CTDC, Biotech, as at Oct 2022. Aug 2009 BHL of CTDC bought 8111 over 5%.1 5 June 2010 BH lost control. Dec 2010 8111 buy CTDC stock event. 23 Feb 2011 BH increased salary. 28 Feb 2011 HKEX ask relation between Chiu and Alan Li。 25 March 2011 Chiu Tung Ping used 深圳 Underground society to threat BH in 酒楼， BH 在香港报警. 1 Apr 2011 HK$0.36. 27-29 Apr 2011 Chiu Tung Ping abuse Chinese Police 在上海 绑架秦云。 28 Apr 2011 threat 王大玲 ， 29 Apr 2011 所谓国安钱处长 threat 任宝根。BH learnt it in 30 Apr 2011. 31 May 2011 Prospects of CTSP acquisition ok. 27 Apr 2012 CTDC publish the last Form 20-F ending Dec 2011 before delisting from Nasdaq. 20dec 2012 filing Form 6K last half year report ending June 2012 . 6 fug 2012 is the last imp doc to SEC by CTDC. 6 aug 2012 AGM of 10 to 1, closing US$5.5 if 10 to 1. 23 Oct 2012 is the last day before 10 to 1 and last day of code CTDC. From 24 Oct 2012 Though CMTF PE One legal letter oppose delilsting, no response received.completed 10 to 1 and change name to Renewable Energy Trade Board Corp, code EBOD from CTDC . though 10 to 1 completed , still listed in Nasdaq and need audit . 11 Feb 2013 last day in Nasdaq with code EBOD. 12 Feb 2013 first day in Pinksheet OTC with code EBODF. 21 Feb 2013 Delisting effective, 22 Feb 2013 De-register all its common shares. No need to deliver financial report to Public and SEC after 8 march 2013 filing. 27 Jan 2015 issued 2nd 1m prefered shares. Afraid waht ? source Audit report of 2015 Page 30,37. 7 July 2015 change to Cayman from BVI., also change name to Nex. source 2015 audit. Steps : 27 Nov 2006 first day Chiu subscribe CTDC . 2007 year end first day Ren Baogen subscribed CTDC . 24 Oct 2012 is first day of 10 to 1 and change code to EBOD. 12 Feb 2013 is the first day of Delisting from Nasdaq to OTC. 22 Feb 2013 is first day of De-register all common shares. 8 March 2013 first day no more report financial to Public and SEC. 6 June 2013 ? 7 July 2015 first day to Cayman and changed name to Nex, but code same as EBODF. 28 Sept 2021 first day not allowed to trade by public. Ending Dec 2012 Form 20-F never filed. Only half year financial report ending June 2012 filed on 20 Dec 2012 6-K. All Form-20F available: 2000-2003, 2004 to 2010, Dec 2011 in 27 Apr 2012 Form 20-F. 1 Feb 2013 last 6-K. 8 March 2013 last Sec filing, a Form 15-12G . 7 July 2015 from BVI to Cayman, same day also change name from Renewable Energy to New Energy Exchange Ltd. 结论：全部人在CTDC 亏钱，为甚么不追？因为误以为亏给国企没法追。其实是亏给李原个人。欺诈罪 fraud 可以追索无期限。