China Baoan insists that no graphite ore brokers collectively error the doubts

Source: Internet
Author: User
Keywords brokerage suspicion graphite
4 trading days after the suspension, China Baoan (000009, the former closing price of 21.46 Yuan) finally issued a clarification bulletin, still said that they do not have graphite ore, but a few major securities "collective error" is still unsolved. March 1, "Daniel Stock" Baoan Public said no graphite ore, a stone stirred thousand layers of waves. Because the previous several securities firms have said Baoan owned graphite ore, and the reserves are staggering, at the same time someone to the "daily economic news," said in a meeting on December 7, 2010, the secretary of China Baoan Dong said publicly that "Baoan group has graphite ore, and enough for 20 years." "In the end is the brokerage collective" error? Or the company's "bluff" organization? Or is the company and the organization together in the "knitting" story?  For a time, Bao ' an graphite ore cloud became the focus of the market.  In response to these questions, investors expected Baoan clarification to give investors a satisfactory answer, but this was not the case. Bao ' An still insists that no graphite ore mine today (March 15), Baoan issued a notice that "the recent individual plane media on the company in the new energy industry, the situation has been reported and commented on, and reproduced on the network, has aroused the concern of investors, in this, the company on the company's new energy industry, some specific conditions of the announcement below." "First clarified the progress of graphene," the bulletin said, "announced on January 20, 2011 The Progress of research and development," the announcement said graphene has completed a small trial, is conducting pilot.  That is, two months ago, there is no new development of graphene. Immediately thereafter, the bulletin introduced the new energy industry chain. Announced that "in recent years has been committed to creating a company for the industry as a leader of the complete new energy industry chain." On the one hand, horizontal mergers and acquisitions: The company in 2008 bought Tianjin Iron Prudential company, into the field of artificial graphite.  On the other hand, vertical build upstream and downstream industry chain: upriver, the company actively looking for graphite mineral resources.  Whether there is any graphite ore is the current focus of the outside world.  First, Baoan pointed out that the establishment of the 2008 Heilongjiang Baoan New Energy Investment Co., Ltd. is currently no mineral resources, business at a standstill. "and the current mining matters by Bette Company implementation," The bulletin said Bette Rui Company "has been in Heilongjiang province Hegang and Jixi established Hegang Baoan New Energy Co., Ltd. and Jixi Betry Graphite Industrial Park, Hegang Baoan New Energy Co., Ltd. located in Hegang Yunshan area of the prospecting right has entered the Hegang government approval process. "But then Baoan carried out a risk hint that" the location of the prospecting right is not clear, the area is unknown, and the company can not determine whether to obtain the right to prospecting, and can not determine whether the acquisition of the right to explore the mine. In addition, a government document was mentioned in the bulletin: Jixi Government letter [2011]6 said: "Will coordinate relevant departments for enterprises to meet the 50 production period of graphite resources allocation," it is understood that the proposed purchase of graphite ore resources located in the Jixi Liumao region, resource reserves of more than 50 million tons.  ”But then again, the announcement prompted the risk that "the mineral is still in coordination, the price of the transaction and the mode of trading are not clear, and the company cannot determine whether to obtain the relevant minerals."  "Whether or not it is impossible to ascertain the possibility of obtaining a prospecting right", or "the mineral is still in coordination", the announcement of the two risk hints that both Baoan and Betry currently have no graphite ore, the bulletin even clearly pointed out that "at present, the company uses graphite raw materials mainly from procurement." Contact to March 1 Baoan public clarifications, as well as this newspaper, whether Baoan or Betry, there is no graphite ore, but why a number of brokerage reports are called Baoan have mine?  What is Bao ' an explanation for the meeting of the organization? The company announced that the explanation is "according to the company verified that the December 7, 2010 Investor reception activity is a regular reception activities, the investors who came to the meeting for the previous call to the company to conduct research investors, the company does not discriminate." The company to come to the investigation of investors to register and record, and repeatedly reiterated the investigation of information to the public need to check with the company, and the company announced as prevail. After verification, ping an securities, Guotai Securities, Xinda Securities, Xiang-finance securities did not send people to participate in this investor reception activities. "Securities Companies" collective error, although the bulletin said, Ping An securities, Guotai Securities, Xinda Securities, Xiang Treasury securities and other brokerages did not send people to attend the meeting.  However, it can be seen from the available studies that, in fact, as early as December 7, 2010, there have been many reports that Bao ' an has a graphite mine.  For example, Ping An securities November 5, 2010 issued the "China Bao ' an: Sitting in the negative leader, new energy business Wind", Hunan Finance and Securities September 6, 2010 released the "China Baoan: Real Estate and the value of new energy is obviously underestimated", all mentioned Baoan owned graphite ore. The disclosure of such an important information on corporate operations in the above report was ultimately rejected by the firm, and how did the content of these reports be released?  This has become one of the major doubts of the incident, only from the China Baoan Clarification Bulletin can not get the answer. In today's bulletin, Bao ' An said that "the company to come to the investigation of investors to register the record, and repeatedly reiterated that the research information disclosure needs to check with the company, and the company bulletin as the", it seems easy to see the attitude of Bao ' An investors survey is very "responsible for", and at the same time, several brokers writing reports are experienced researchers , the Ping An securities writer is a famous gold analyst, so the "responsible" company plus such a group of experienced researchers, why the report will appear such a bizarre and significant false information?  Moreover, this kind of false state has existed for several months and has not been corrected, but it was clarified after the stock price soared. And from the announcement can also see the incident more doubt, China Baoan only disclosed the December 7, 2010 research institutions without Ping an securities and other brokerages, no mention of peace and other issues of "false" report of the securities brokerage historical investigation, then thisWhat about the specific investigation of the company by some brokerages?  Are the disclosures of these "false" reports relevant to the company's research? At the same time, the market also pointed out that the person pointed out that the December 7, 2010, which agencies to investigate it?  Why does the company not disclose the names of these organizations in public? Shareholders asked to further trace last night reporter interviewed by the securities dealers reported misled buy China Baoan and the huge loss of Mr. Yang, he thought that "Bao ' an intentionally deaf-mute, estimated to push the contradictions to the brokerage, from the first report to March 1, published so many studies, why not come out early clarification, why until March 1 to clarify, Bao ' an must not be off the hook.  At the same time, he said he hoped that the SEC would pursue further, particularly at that meeting, to disclose any information on mine. Another private-equity insider, after clarifying the contents of the announcement, said, "In short, there is no problem with the company, that is, there are problems with the brokerage, and if there is no problem, the company has a problem." Now that it has become a state of responsibility for this false information, the misguided shareholders can only stare. "Obviously, because of peace and other" error "brokerage tight-lipped, and China Baoan also insisted that no graphite ore, about Baoan has graphite ore this important" false "information of the birth reason is a mystery, only wait for regulatory intervention investigation to get to the bottom. Responsible Editor: NF058
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