China Baoan Response Netizen open letter: Look for graphite mine never stop

"Up" also graphene, "fall" also graphene around the graphite ore resources and research and development of graphene, China Baoan (000009) stock prices have fluctuated since last October. Recently, the Chinese card network Bo friends issued to China Baoan chairman of the open letter Chen, pointed to Baoan in the graphite resources and graphene issues on the issue of information on the chaos, but also listed in its corporate governance problems.　　In this regard, China Bao ' an exclusive response to China Securities newspaper, said that the company in recent years in the search for and acquisition of graphite ore has done a lot of work, the subsidiary Betry of Graphene Research and development is based on the future market demand, and strive to complete the pilot early, and realize industrialization. Difficult information Quweicunzhen as a veteran listed company, whether China Baoan has graphite ore resources and research and development of graphene, has become the focus of the market.　　According to the relevant reports, ping An securities, Xiang Finance securities, Guotai and other brokers in the report mentioned that China Baoan has graphite mineral resources, but in China Baoan in the clarification notice that the company does not currently have graphite mineral resources. Who is not yet conclusive, the Chinese card network Bo friend a "to China Bao ' an open letter" once again in the market cited fever.　　While affirming the performance of China Baoan for many years, the paper also raises questions about the company's information disclosure on the graphene issue and the transfer of the affiliated enterprises ' interests. "Zhangkaya" Investors in the letter, said in the recent issue of graphite and graphene, China Baoan related subsidiaries of the website and the contents of the Chinese Baoan clarification document conflict. A subsidiary of the website of the production of graphene has been successful, but the company bulletin is still in the pilot, so that investors feel overwhelmed.　　The investor also believes that Bao ' an is suspected of "shadow company" or the name of individuals to invest in investment enterprises. Bao ' An, China, said the company in the January 20 of the development of Graphene Bulletin, and March 15 clarification Bulletin, March 23 Annual Report and March 27 statements in the message is consistent. The company has completed a small trial of the preparation process of graphene, is conducting pilot, and has submitted the product related technology invention patent application.　　However, as the product is still in the research and development stage, has not formed a mass production and external sales. China Baoan has the information on the graphite ore from where, brokerage and company uncompromising. According to reports, there are ping an securities, Xiang-wealth securities, Guotai and other brokers in the report mentioned that China Baoan has graphite mineral resources. Later, the Hunan Finance and securities in the clarification letter to the incident, said that the information discussed in the paper from China Baoan and its subsidiaries published information.　　And China Baoan in the clarification of the announcement that the company does not currently have graphite mineral resources, the company December 7, 2010 Investors reception activities, also did not see the relevant brokerage sent to attend. Actively looking for a graphite mine China Bao ' An legal information disclosure did not appear that the company has a description of the relevant minerals.　　Company officials said the company is currently in coordination with the relevant departments, and actively promote the graphite ore search and acquisition work. Bao ' An, China, has been in Jixi, Hegang and other graphite mineral resource-rich areas to set up a related company, in the local construction industry park, make full use of the rich local graphite mineral resources. It is understood that the relevant graphite resources in the Liumao Graphite mining area, the mine is divided into the Big XI Gou ore section, Lang Jia Ditch ore section, the station before the mine, the total reserves of 360 million tons.　　Since August 2007, China Baoan and Jixi, Hegang and other local governments have signed a number of cooperation agreements on graphite mineral resources. According to the information provided by China Baoan, March 15, 2011, the Jixi government in the "Resolution of the Jixi Betry Graphite Industrial Park as soon as possible," said the city will assist Betry (Baoan subsidiary) to the fastest speed for processing lang Jia Gou ore section of the new mining warrants and other related procedures　　The Ore section Mining certificate of the station is a historical legacy mine right, and it will be used as the quickest speed to postpone, change and enlarge the storage. March 16, Hegang government said in the relevant letter, China Baoan in Hegang construction million tons of graphite anode materials project, EIA, land and other prophase work has been basically completed, graphite mineral resources approval is also entering the process. As China Bao ' an recently will invest in the construction of Hegang Baoan New Energy project, the Government is committed to planning a certain area of graphite mineral area, as the company's production base for raw materials, has been reported about 72.6 hectares; Meanwhile, the city government strives to help China Baoan to obtain the prospecting right in the provincial land and resources Responsible Editor: NF054