A huge amount of money still raise 3.26 billion gree electrical appliances shortage?

23.407 billion yuan, this is gree electrical appliances disclosed in the June 30 of this year's monetary funds, 3.26 billion yuan, this is the Gree electric appliances just launched the additional scheme of raising capital.　　When the original two no too large correlation figures in two announcements on the same day exposure, so many investors have a deep doubt--gree electric appliances since the big money, why do you want to raise capital?　　The double positive Cold reception August 19, the domestic air-conditioning industry leading gree electric appliances for investors in the "double gift." In the first half of the year, the company realized a revenue of 24.957 billion yuan, an increase of 24.85% over the same period, and a net profit of 1.573 billion yuan, which grew 27.68% from a year earlier. However, the company's operating profit for the first half of the year is only 799 million yuan, compared with the 2009 period of 1.41 billion yuan slipped 43.37%, oddly below the first half of the net profit. Industry insiders said that the reason for operating profit is lower than net profit, mainly because the company obtained a large amount of energy-saving subsidies, so that the income reached 1.129 billion yuan (1473%).　　In other words, the increase in subsidies has played a huge role in boosting the company's first-half performance growth. In the publication of the newspaper at the same time, Gree introduced an additional plan. According to the plan, the company intends to issue more than 250 million shares, raise not more than 3.26 billion yuan of funds, for the headquarters of commercial air-conditioning technology expansion, Wuhan commercial air-conditioning construction and other five major projects.　　The company said that through the implementation of the project, will further enhance the company's core competitiveness, consolidate and expand the company's business size, market share and profitability. However, in the face of the growth of gree electrical appliances and fresh out of the new scheme, the market is not buying it.　　Shanghai Composite index rose 21.68 points yesterday, or 0.81% of the background, Gree Electric shares but did not anticipate the strength, and eventually fell 0.75% to end the previous four Lian Yang trend. The need to raise capital to be questioned the proposal is a good thing for the company, but a big question mark appears in the hearts of many investors.　　Why the hands of a huge amount of gree electrical appliances do not have their own capital investment projects, but to choose additional fund-raising. As of June 30, the total assets amounted to 49.379 billion yuan of gree electric appliances, the money reached an astonishing 23.407 billion yuan, only interest income reached 186 million yuan. It is noteworthy that the same air conditioning as the main business of the United States electrical appliances, the end of the first quarter of the total assets of 38.816 billion yuan, money is only 4.066 billion yuan, and Gree has formed a sharp contrast.　　And it is this "not bad money" situation, Gree still put forward a total of 3.26 billion yuan of additional programs. A brokerage researcher told the Daily economic news that he was surprised when he saw the company's disclosure proposals, after all, the amount of money on the company's statements was staggering. According to common sense, gree electrical appliances should be able to use their own funds to invest in the project. He mentioned that thisThe former has communicated with the listed companies on the issue of money money, but the company seems unwilling to mention it too much.　　"The question of money money does not know that it will not allow the issue to be blocked by the SFC," he said in a final worry. Company response: We are short of money with questions, the reporter contacted Gree electrical appliances. To the surprise of reporters, the company's securities department, after hearing the reporter's questions, immediately said the company is short of money. He pointed out that although the statement on the money is so much money, but more is the sale of goods, but also part of the other companies have Gree's finance companies, and the company by lending this part of the money to earn some interest. This part of the fund is not stable and is not suitable for project investment.　　The person also said that the company is larger, in the day-to-day production needs a lot of money, so that seems to have so much money, but with the actual situation there is a big difference. As for the explanation of the company, a CPA pointed out that from the disclosure of the company's report, Gree can be used to pay the bank deposit, As well as other monetary funds that can be used at any time to pay 6.826 billion yuan, the first half of the net profit margin of nearly 1.6 billion yuan, its report at the end of the operating activities generated a net cash flow of 1.923 billion yuan. These data on the one hand, the company's financial situation is better, it also shows that the company has a strong ability to generate funds, not as the company said the lack of money.