39 St Company Recount

Business newspaper Graphics Xu Xian only business newspaper reporter Tianxiaoyan Zengfang Chongqing business News for risk warning stocks, the stock price ups and downs is not surprising. *st Kejian recently from a continuous trading backhand into three consecutive fall, the reason is its suspension of restructuring in the past two years, the reorganization of the plan to let the market disappointed. Commercial newspaper yesterday counted the recent stock of the Shanghai and Shenzhen, the case found that there are more than 39 of the security shell of St company, all the way to save their own tricks are staged. Financial profit treasure, the current savings rate to increase 1000% *st Kejian high prices to provoke outrage September 17, *st Kejian announcement, to the day of the environmental protection of the 17 shareholders total issue not more than 3. 7.8 billion shares, the purchase of its own day Ying Environmental Protection 100% Equity, the issue price of 4.76 yuan/share, compared with the company before the closing close of 12.25 yuan/share discount of about 61.14%.　　In addition, the company plans to issue shares to not more than 10 specific funds, the amount does not exceed 25% of the total amount of the transaction, the issue price will be determined through the inquiry. As of the end of July this year, *st Kejian belonged to the parent company owner Equity of 10.19 million yuan, net assets of 0.05 yuan per share. *st Kejian said that this is in the interests of all parties to determine the basis of the additional price, the price is much higher than the intrinsic value of the company, there is no damage to listed companies and shareholders legitimate rights and interests of the situation.　　But compared to most of the two-tier market shareholders cost price, the days of environmental protection 4.76 yuan super preferential prices or quickly provoked outrage. Among the big shares, *st Kejian investors have expressed dissatisfaction with the restructuring plan and said they would vote against it at the shareholders ' meeting. *st Kejian share price is three consecutive trading days a word fell.　　It is reported that the above additional prices need to be submitted to the general meeting of the shareholders to make a resolution, the resolution shall be at the meeting of the shareholders holding the voting rights of more than 2/3 through, and by the attendance of the social public shareholders holding the voting rights of more than 2/3 through. The most optimistic about the restructuring programme is the reorganization of the US ying Environmental protection. It is reported that the days of environmental protection at the end of July net assets of 867 million yuan, in accordance with the proceeds of the evaluation of equity valuation of 1.814 billion yuan, a premium of 109.3%. And if the above scheme is successfully implemented, 17 Santa Jun and other environmental shareholders will hold 378 million shares *st Kejian rights, according to current market value will be more than 4 billion yuan.　　And the Santa Jun will become the actual controller of the company.　　23 Risk warning stocks under the above background, *st Kejian restructuring plan still need to be disturbed to wait for the shareholder meeting, this also means that its this year can avoid suspend the listing became unknown. It is reported that *st Kejian 2011, 2012, the first half of this year losses, in accordance with the listing rules, if the listed companies in the last three fiscal years after the audit net profit consecutive negative or the last two fiscal year by the end of the audit of net assets continued to be negative then the listed company shares will be suspended, If the company audited net profit of 2013 or the end of net assets continued to be negative, *stThe athlete suspends the listing transaction. In addition to *st Kejian, there are many St shares also life hangs in the line. Our data center statistics, in the Shanghai and Shenzhen 70 risk warning stocks, *st Jintai, *st North Health, *st zinc industry and other 23 listed companies last year and the end of June this year net assets are negative. This also means that if net assets continue to be negative at the end of the year, the companies are at risk of being suspended.　　If the net profit for three consecutive years negative indicators, there are *st, *st Pearl River and other 16 St Shares in 2011, 2012 and the middle of this year's net profit in the loss of the risk. In fact, entering the end of the three quarter and from the end of the big day is not much, in order to avoid the return of the city to keep the shell resources, the relevant St companies are in the final game.　　In the case of weak business, asset reorganization, bankruptcy reorganization, large shareholder capital injection and the sale of assets and other "tricks" have become the St stock of the secrets of the shell. Recently, *ST plans to sell its two subsidiaries to the affiliated parties to avoid the risk of suspending the listing. Two heavy group in February 2010, the Shanghai Stock Exchange, the performance of the listing has fallen sharply.　　2011, 2012 years of annual results losses and increase the loss, the company was implemented in April this year "risk warning" special treatment. Since this year, due to the continued downturn in the industry, the lack of orders and cost increases, and other factors, the first half of the net profit again loss of 987 million yuan, *st two rely on main business to turn back the hope of losing. And there is no relevant restructuring plan, in a short period of three months through restructuring of the loss is almost impossible.　　In this case, the sale of assets to the relevant party to achieve loss is the only more feasible way. In addition, since September, there have been *st East Heat, *st North, *st Light and the *st of the restructuring programme has been approved by the shareholders ' meeting, if not an accident, the possibility of obtaining approval by the SFC before the end of the year. And trying to sell assets to protect the shell of the *st North Magnetic, *st Ocean and *st Rainbow and so on.