300 million yuan to invest in securities

The report (reporter Wang Haojiao) The investment of the sea Rainbow holding in the stock market gains, seems to strengthen the company's determination to invest in securities.　　Yesterday, the company issued a notice, said the board of Directors authorized the company's operating layer to no more than 300 million yuan of its own funds for securities investment. The company believes that the risk of investment business in the securities market is small and the income is relatively stable. In order to broaden the company's investment channels, improve the efficiency of the company and the company's foreign subsidiaries, enhance the profitability of the company, without affecting the normal operation of the company and its controlling subsidiaries, the company will use some of its subsidiaries for securities investment.　　The investment way includes the new shares placing, the purchase, the stock repurchase, the stock and so on two level market investment, the bond investment, the entrust financing carries on the securities investment as well as the Shenzhen Stock Exchange identified other investment behavior, will not affect the company main business development. On the same day, the company issued a 2011-year report, the realization of operating income of 54.4529 million yuan, down 35.17%, to achieve net profit of 19.3679 million yuan, an increase of 555.92%, the basic earnings per share 0.0215 yuan. The focus of the report is on the securities investment of the company. In addition to investing in China's offshore losses, the report showed that other securities, such as PetroChina and HSBC Holdings, which invest in the company's holdings, have benefited. As at the end of June, the company owned the final book value of 129 million yuan, and gained 10.236 million yuan during the reporting period.