Japan-Sea communication performance less than the forecast and not reported with shareholders reduction

Source: Internet
Author: User
Keywords Shareholder reduction Japan-Sea Newsletter
"Japan-Sea newsletter is expected to see a medium-term performance increase of 30% to 60% per cent this year, while the actual net profit growth of the report is less than 21% per cent. And shareholders in this period to reduce, the company is not in cooperation with shareholders to reduce it? "A shareholder holding the Japan-Sea Newsletter (002313) yesterday sent a phone call to the news hotline of the Volkswagen Securities daily.  The reporter immediately launched an investigation into the matter of being entrusted and loyal to others.  The price of a large trading sale in fact, the shareholders of the Japan-Sea communication has been reducing this year. In Wednesday, the Japan-Sea Communications Bulletin said received more than 5% of the shareholders of the company in Xinjiang to allow public Equity Investment Partnership (limited Partnership) (formerly Shenzhen Investment Co., Ltd., hereinafter referred to as "acceptable public investment") reduction of shares in the notice, permitted public investment on September 16 through a large number of transactions to reduce 15.9 million shares, accounting for 4.99 of the total %。  In accordance with its reduction in the average price of 16.22 yuan/share calculation, the amount of the transaction is up to 258 million yuan. "Japan-Sea communications bulk transaction price of 16.22 yuan, in accordance with the closing price of September 13 (18.02 yuan) calculation, is the prices of the plate." I feel at the sale, the company is expected to be good, why rush to cash out?  "The investors said.  According to the SSE "Comprehensive Agreement trading platform business Implementation Rules" relevant provisions: "Equity securities in large transactions, the securities have price limits, by the buyer and seller in the price limit of the day to determine".  The circulation shareholder competes exits in the acceptance public investment reduction, the Japan Sea Communication two other circulation shareholder already had one step to choose to leave the field. Japan-Sea Communications Bulletin shows that the company's third largest shareholder IDGVC Everbright HOLDINGS LIMITED (hereinafter referred to as "IDGVC") respectively in July 3, 8th through the bulk of trading methods each reduced 9.3 million shares and 4.3 million shares, the average price of 16.01 yuan/ Shares and 16.02 yuan/share, the company's fourth largest shareholder in Xinjiang Yi-Guang Equity Investment Partnership (hereinafter referred to as "easy access to light") in the period from May 13 to July 8 through the bulk of the transaction mode of a total reduction of 23.1 million shares.  It is worth mentioning that the two shareholders in the stock after the reduction of the share of the company's shares fell to 4.91% and 4.98%, is no longer the company's shareholding more than 5% of the shareholders. "Holders of more than 5% per cent of the shareholders to reduce the 5% or reduce to 5% below, the need to release a simple book of rights and interests, and in more than 5% of the shareholders each increase or decrease must be announced." And shareholders under 5% do not need to be announced, only in the periodic report disclosed. This may mean that the two institutional investors are timing out of the house.  Insiders told reporters. The notice is not allowed to be amended April 22, The Japan-Sea newsletter in its release of the first half of this year's performance forecasts, is expected in the first half of 2013 net profit year-on-year growth rate of 30%-60%, the change interval of 119 million to 146 million yuan. Since then, it was draped on August 20Lu's report showed that the first half of the results did not reach the lower limit of the increase: net profit for the first half of 111 million yuan, an increase of 20.88%.  And in a quarterly report and in the disclosure period, IDGVC, easy to pass light for a large number of reduction. The day and sea communication is not allowed to notice but not amended, shareholders in this period to reduce, calculate not illegal? "Predictive information and other information or the disclosure of major events, the key is to see whether such errors are subjective and malicious, whether it is enough to mislead investors decision-making, then the forecast report is audited by accountants and other subjective and objective factors comprehensive assessment." And this kind of cognizance, need the supervisory department to intervene investigation and audit. "Wang Shujun, a senior lawyer at the Shanghai Hui industry law firm, said in an interview with the Volkswagen Securities daily.  Reporters then dialed the Shenzhen Securities and Regulatory Bureau complaints Telephone, staff said that the situation has been recorded, the specific need to verify before replying. "Semi-annual report performance error within the reasonable range, so do not need to issue performance correction notice." Fanglingling, a representative of the Japan-Sea communications and securities business, explained this to reporters. SSE August 8, 2012, "SME Board Information Disclosure Business Memo 1th: Performance forecasts, performance letters and amendments" stipulates that the company "the latest expected performance changes in the direction and the disclosure of the performance of the forecast consistent, and the extent of change or profit and loss and the scope of the original expected to be significantly different" when  Should be the first time disclosure of Performance Notice Amendment notice. Reporter Sun Hongjun
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