Big shareholder crazy to throw Xin new shares Shanghai capital Five degrees

Each reporter Song Yuandong xin new shares (600373, closing price 6.67 yuan) today, the company's holding shareholder letter Jiang Industrial on 15th through the Shanghai Stock Exchange on the bulk trading platform for the sale of 4.335 million shares, accounting for the company's total share capital of 2.31%, transaction prices are 5.88 yuan/share,　　The amount of cash is $25.4898 million. This is the 5th time this year since the letter Jiang industry through the bulk trading platform to reduce the company's shares. It is noteworthy that 5 of the reduction of the funds are from Shanghai.　　Does the reduction of large shareholders pave the road for restructuring? The funds are all from Shanghai according to the company's announcement today, as of June 15, the company has sold a total of 34.3988 million shares.　　After the completion of the transaction, the letter Jiang Industrial holding company shares of 57.198 million shares, accounting for the total share capital of 187.5 million shares of 30.505%, still for the company's controlling shareholders. Since February 6, 2007, the first batch of the lifting of the stock circulation, the letter Jiang industry has been reducing. This year, the letter Jiang industrial reduction movements more intensive, its total through the bulk trading system has been completed 5 reduction, the cumulative reduction of 21.835 million shares, the fund is 117 million yuan.　　Especially since June, the letter Jiang industry in the June 5, 12th, 15th reduction of 1.46 million shares, 5.04 million shares and 4.335 million shares. It is worth mentioning that the 5 major transactions of the lottery funds are from Shanghai, of which 3 times by the Citic Investment securities Shanghai Beijing West Road Sales department to buy 10.5 million shares, 2 times by the Century Securities sales Department of Shanghai Weihai LU total buy 11.335 million shares.　　And Beijing West Road is near Weihai Rd.　　The suspect is paving the road for reorganization? "From the point of view of many transactions, the party is likely to be the same way money!" "said a brokerage analyst. Xin new shares for three consecutive years the main business is sluggish, last year's annual report is a huge loss.　　In the first quarter of this year, due to the financial crisis, the company's wire and bus market and other main business needs of the downturn, product sales last year, a substantial decline in the business faced difficulties in a longer period of time can not be eliminated. Due to the serious doubts about the company's ability to operate continuously, Guangdong Davad accounting firm issued an unqualified audit report with emphasis on the 2008 annual report.　　In the annual report, the company made it clear that due to the two major main business recovery and stability needs a certain period of time, so the company will be in the right time to find external resources for integration to increase operational strength and profitability. The analyst also believes that another point worth considering: Last May, the company announced that in order to improve the profitability of the company, the company intends to make the relevant assets and liabilities of enameled wire in Shanghai, the Group (hereinafter referred to as the China State group) of the quality of real estate replacement.　　By October 10 last year, the company announced that it had terminated the agreement because of major changes in the property market. And the same is from the capital of Shanghai repeatedly took over the letter Jiang Industrial Holdings, is this all just a coincidence? Market Personage said, letter Jiang industry is anxious to reduce, on the one hand canCan be a need for funds and the choice of cash, on the other hand may be to pave the way for restructuring, reducing the cost of entry to the restructuring party.　　"Daily economic news" reporter found that since November 19 last year, the company's large shareholders to reduce the announcement of a sudden increase, while the large shareholder continued to reduce the "bad" out, the company's share price does not fall back, from the last November 19 3 yuan line almost all the way up, once reached the stage of 7.23 yuan　　In the case of a possible reorganization of the company, the company's securities executives told reporters yesterday that the company had adopted a reorganization to improve the operation of the plan, but the reorganization is the matter of major shareholders, so far they have not received the exact information. The daily economic news reporter also yesterday to the China State group to verify with Xin new shares again the possibility of cooperation, the company planning department people Noncommittal, and refused to interview the company leadership requirements.