12 Gem of the Senate to buy a house and buy a car with 12% super raise money

According to the reporter of the http://www.aliyun.com/zixun/aggregation/33071.html > Securities daily, as of March 22, the gem has a total of 193 listed companies, of which 69 have disclosed the 2010 Annual report, Listed companies, along with the growth of the gem, are showing their development status in the face of investors through annual reports.

And in many of the gem phenomenon, October 30, 2009 first Landing, and the gem "age" of the 28 companies are undoubtedly the most representative, their growth of dribs and drabs, including operating income, net profit, raising investment projects, such as the use of funds, are not engraved on the market and the strict supervision of investors.

As one of the most enthusiastic topics of public opinion, according to wind information statistics, at present, the gem 193 companies to start over the total amount of funds has reached 93.3 billion yuan, this figure occupies the gem of the initial collection of the total amount of capital of 150.3 billion yuan of half, on average, each super raise about 480 million yuan.

Up to press, the first batch of 28 gem companies in a total of 12 disclosed the 2010 Annual report. "Securities daily" attempts to interpret the companies ' annual reports to reveal the real status of the use of super funds for the veterans of the gem.

Super Raise funds 12%

Buy a house and buy a car

To examine the 2010 Annual report of the 12 gem veterans, buying houses, buying land, and buying cars are still the company's choice to use extra funds.

Among them, Shenzhou Yue's first batch of super raise funds 250 million yuan for research and Development and office building purchase and construction, to the end of the year (reporting period) actual investment project amount of 210 million yuan.

And the south wind shares more use including super raise funds and other funds to participate in the auction state-owned land use rights-Foshan Nanhai District Land Trading Center listed in the Foshan Nanhai District, Shishan Town, Xiao Tang urban area.

Its annual report shows that as of December 31, 2010, the company has paid land transfer and related taxes amounted to 113 million yuan, of which the use of super raise capital of 86.25 million yuan.

In addition, the Pathfinder used 66 million yuan for the acquisition of the fund is located in Haidian District, Beijing, 6th Spring Road, Jin Qiu International mansion, block a 24 of the real estate, as the company's new research and design, production and management of Office and laboratory Room (this part of the real estate license is still in the processing Ding Han technology used 98.6 million yuan to raise funds to build Marketing Service center project.

Dayu flood water to the super raise funds in the 10 million yuan phased in batches in Shanxi, Shaanxi, Henan, Hebei, northeast and other new marketing outlets and for the company's original sales outlets to purchase office equipment, transportation, etc., has been invested 7.59 million yuan.

On the basis of this calculation, only 12 gem of the Senate to make clear to buy a house, buy land, buy a car, the total amount of funds has reached 510 million yuan.

Again according to " Rui de first super raise funds for 380 million yuan, Shenzhou Thai Yue for 1.2 billion yuan, Le Pu medical for 620 million yuan, south wind shares for 240 million yuan, Pathfinder for 102 million Yuan, Shanghai Jia Hao for 202 million yuan, Li Chen for 170 million yuan, Ding Han technology for 252 million yuan, the robot for 348 million Yuan, huaxing venture for 58.96 million Yuan, Huayi Brothers for 530 million yuan, Dayu water saving for 71.35 million Yuan "calculation, 12 gem listed companies a total of 4.174 billion yuan IPO funds."

At this point, the 12 gem of the Senate has made clear to buy a house, buy land, buy a car of the super raise funds accounted for over 12.2% of the total funds.

Extra funds are used for rapid expansion

and supplementary liquidity

In addition to buying houses, buying land, and buying cars, more than 12 gem veterans are not invested in research and development, but are used to supplement the company's permanent liquidity, and to achieve rapid expansion of the establishment of subsidiaries, equity acquisitions and other means.

According to the Securities Daily Reporter statistics, In addition to Pathfinder's 17.831 million yuan is used to supplement the company's liquidity, huaxing venture capital of more than 11.5 million yuan to be used to replenish liquidity, Dayu water-saving Super raise funds of 14.5 million yuan is used to replenish liquidity (in which the actual supplementary liquidity in 2009 3.9 million yuan, the actual replenishment of the current year 10.6 million Yuan) outside. South Wind shares and Lith, respectively, to raise funds of 45 million yuan, 33 million yuan is used to replenish liquidity and stabilize the forefront.

According to this calculation, by the 12 gem of the Senate to supplement the liquidity of the super raise funds amounted to 121 million yuan.

At the same time, the Shenzhou Tai Yue used a super raise funds 59 million yuan to acquire Xu, Xu Xiuhua, Nie Xiaoping, Zhaozhaohua held a share of 100% of the shares, so that it became a wholly owned subsidiary of the company.

Le PU medical use of super raise funds 179 million yuan into the core products at home and abroad Marketing network projects (the reporting period using 39.8761 million yuan); Shanghai Jia Hao Super raise funds of 70.11 million yuan in the Ocean design project two construction, 50 million yuan for the registration of the establishment of a wholly-owned subsidiary of Shanghai Jia Hao Shipbuilding Technology Development Co., Ltd. 20 million yuan for the establishment of Lanzhou company, Huaxing Venture to use a super raise funds 47,457,350 yuan investment in Zhejiang Ming Network Technology Co., Ltd. (the actual use of 39.6 million yuan).

In fact, it is understandable that listed companies choose to expand their funds and set up subsidiaries. However, with the experience of buying homes, buying land, buying cars and replenishing liquidity, these high-sounding reasons will inevitably be suspicious in investors ' minds, especially as companies listing on the gem have shown signs of weakness in performance growth, Do not know how many investors will invest in the gem of the company's super funds are inefficient use of these companies?