37 sued for a lawsuit *st Deep Thai turning a Dim hope

Newspaper reporter Chen Xiaoying shenzhen May 14, *st (000034 · SZ) announced that recently was Shenzhen Baoan District People's Procuratorate sued the company suspected of flight from its registered capital.　　From the 37 cases listed in the company's 2008 annual report, this could be the biggest potential damage to *st. Too much baggage, 2009 for *st Deep Thai task is very heavy, if not to make a loss, it will face delisting, but Dong Zhangxiaoli to "Huaxia Times" reporter said: "The company currently has no clear loss plan and restructuring plan." "Deep in the capital flight September 20, 2002, *ST, Shenzhen New Industrial Venture Capital Co., Ltd., Shenzhen Hao Peng Investment Co., Ltd. in Shenzhen, set up the Shenzhen Municipal Commission of Agricultural Investment Co., Ltd.　　*st investment of 40 million yuan, accounting for 40% of registered capital, new industry companies, Hao Peng companies to 30 million Yuan capital, accounting for 30% of registered capital. October 28, 2008, "China's company capital flight" in Shenzhen City Public Security Bureau investigation end, to the new industry company, Hao Peng Company, *st Deep Taihe original company chairman Wang Yu suspected of withdrawing funds for the Baoan procuratorate transfer review and prosecution.　　After the review of the Baoan Procuratorate, the crime facts are clear and the evidence is sufficient, so the criminal liability of the shareholder should be investigated by the crime of withdrawing funds. *st, Zhangxiaoli, a reporter for Huaxia Times, said: "There is no way to estimate the impact of the case on the company." "Guangdong Ding for law firm Zhangmaorong lawyer told reporters:" *st Shen Tai's company's registered capital is still not known how much, but the end is definitely a part of the loss, it is generally impossible for the perpetrator to return all the money flight.　　"*st The problem is not only in the lawsuit, as early as this February, *st Shen Tai was detected by Shenzhen Securities Regulatory Bureau, the company in corporate governance, information disclosure, financial management and accounting aspects of the many problems involved in many defects. In the information disclosure, the important guarantee, the lawsuit matter disclosure is not timely is the most important question.　　Since 2005, there have been 16 external guarantees in *st, 15 of which have not been disclosed in time, but only disclosed in semi-annual or annual reports, resulting in delayed disclosure of information and damage to investors ' interests.　　The loss of restructuring are Dim 2008, although there is a new major shareholder Sigma, but the company entered three years of losses, coupled with the management of chaos, and many lawsuits, *st to want to play a turnaround in the business, very difficult. *ST 2008 Annual report shows that up to the end of 2008, the company's asset-liability ratio of up to 714.4%, of which banks borrowed 220 million yuan, all loans have been overdue Shing, Shing amounted to 110 million yuan, most of which have been prosecuted for many years.　　The company has not been able to bear huge financial costs, although the company's industry has the ability to operate, but eventually because of heavy debt, struggling, operating on the huge losses. 2008Annual shareholder net profit of the listed company is-257 million yuan, 19.72% year-on-year, the basic earnings per share is-0.72 yuan, the first quarter of 2009 still loss of 500,000 yuan. *st Securities Minister Hu told reporters: "At present the company's main communications industry and agricultural products and feed, the potential for profit also depends on these two, at present more than 60% of the main business income and profit sources are feed."　　Zhangxiaoli told reporters that at present, the company has not yet thought of what other business to increase profits, the most important thing in 2009 is to rely on shareholder support, through debt restructuring and asset restructuring, to reduce the company's debt burden, stripping non-performing assets, to achieve the fundamental improvement of the company's operating fundamentals, so that the company out of business difficulties If the business is difficult to make a loss, the company's final solution can also be restructured, but Zhangxiaoli told reporters, "the company has no reorganization plan."