Non-holding without the right to vote as related party combustion control technology and Kaidi Power disclosure conflict

2012, compared to the gas control technology disclosed 124.44 million yuan related transaction amount, Kaidi power disclosure of the amount of less than 8 million yuan. 2013 years in the report, the fire control technology disclosed Kaidi power contribution revenue 56.82 million yuan, but the latter reported that there is no such related transactions August 22 night, Burning control technology (300152. SZ) released its 2013.5 annual report, the results show that the fuel control technology in the environmental call to achieve a significant increase in income. However, the increase does not necessarily mean that the increase in profits, burning control technology net profit fell 30% year-on-year. Fuel control technology earnings show that the first half of the 23% revenue from the associated party Kaidi Power (000939. SZ), but the latter's report shows that the first half of the year with the combustion control technology did not occur related transactions. Why the two disclosure of the transaction data is inconsistent, and Kaidi power holding shareholder Kaidi holding the burning control technology shares less than 0.24%, also without the right to vote, Kaidi electric power and combustion control technology to identify each other as the relevant party? August 23, burning control technology Dong Tanqingyan accepted the "securities daily" reporter interviewed, said the two are still related parties, as for the related transaction amount, burning control technology is the normal disclosure, as to the amount of power disclosure with Kaidi issue, should ask Kaidi power. And Kaidi electric power is still mutually identified with the first half, burning control technology to achieve operating income of 237.9611 million yuan, the year-on-year increase of 31.21%, but the net profit fell 35.79% Year-on-year, the amount of 24.78 million yuan. The experience of burning control technology is a share market legend. It is only one by one financing to buy more than 25% red lines by the exchange "closed" stocks, and has occurred three consecutive times, although its head "gem", "Environmental Protection Unit" and "huge financing to buy" triple halo, the performance is mediocre. June 2012, Wuhan Kaidi Holdings also hold 22.22% of the fuel control technology shares, but since November, Kaidi Holdings began to reduce, by the end of December, Kaidi Holdings in the fire control technology before the top ten shareholders, but the eye-catching is the burning control of the top ten shareholders in 4 security accounts, that is, financing accounts. As many as 7 in a quarterly bulletin. However, from the start of Kaidi control technology, burning control technology, the share price rose to March 4 up to 14.10 yuan/share. It is noteworthy that although in 2013, Kaidi Holdings to the burning control technology of two directors have resigned, and Kaidi Holdings directly hold the burning control technology shares less than 1%, but in the 2013 annual report, the burning control technology will still be Kaidi holdings of Wuhan Kaidi Power Engineering Co., Ltd. and Kaidi Electric Power as the relevant party, The two companies identified above are the shareholder control enterprises which have significant influence on the combustion control technology. At the same time, Kaidi electric power of the 2013 semi-annual report also echoed the above statement. Kaidi Electric power will still be burning control technology as other related parties, that Kaidi power of the holding shareholder Kaidi Holdings on the combustion control technology has a significant impact. Associated transaction amount inconsistency in the first half of this year, the gas control technology of 237.9611 million yuan of operating income nearly half of the related party contribution, the relevant party Wuhan Kaidi Power Engineering Co., Ltd. accounted for 24.28%, the total is 57.76 million yuan, the related party Kaidi electricity accounted for 23.88%, the amount is 56.82 million yuan. Fuel control Technology Project contracting and manufacturing income of 89.69 million yuan, accounting for the total operating income of 37.72%, all of these two companies provided, but the gross profit margin is 15%, in the division of goods revenue listed is the lowest. 2012 Combustion control technology to the Kaidi power supply Project contract amount is 124.44 million yuan, early 2013, the burning control technology on the Kaidi power accounts receivable is 81.67 million yuan, the early June of the accounts receivable is 91.79 million yuan, accounting for the total Accounts receivable 21.71%. However, the data from the 2012-year report of Kaidi power is quite different. The 2012-year report shows that the accounts payable for burning control technology are also $81.67 million, but the volume of transactions disclosed is inconsistent with the information disclosed by the combustion control technology. Kaidi power results show that in 2012, the project contracted by the combustion control technology, the content is biomass electric fuel storage system, the agreement price is 115 million yuan, the amount of the associated transaction is 116.17 million yuan, the settlement method is cash settlement. Compared with the 124.44 million-dollar amount disclosed by the combustion control technology, the amount of Kaidi power disclosed is less than 8 million yuan. In the 2013-Semi annual report of Kaidi Power, Kaidi electric power will be included in other related parties, but the related transactions did not disclose the current period and the combustion control technology exist related transactions, also did not show that with the gas control science and technology exist related parties should be receivable due. Kaidi electric power and combustion control technology disclosure of the transaction data is not consistent, why Kaidi holding no longer directly hold a fire control technology shares, burning control technology and Kaidi power is still in the financial statements of each other as related parties? Fire control technology Dong Tanqingyan said, according to the relevant parties identified, after the listed company and the related person sign the agreement to terminate the association relations, but from the dissolution of the relationship between the date of 12 months, the two are still related party, Tanqingyan also said, as for the related transaction amount problem, burning control technology is the normal disclosure, as for and Kaidi electricity disclosure amount is different , should ask Kaidi power. But the reporter repeatedly call also failed to contact Kaidi Electric Power and securities affairs representatives, send the past e-mail also failed to get a reply.