Chuan Instrument shares big customers quietly evaporate the hidden secrets

15 years ago, and now listed, Chuan-instrument shares will compose the Magic chapter of China's a-share market. A few days ago, Chuan instrument shares to start the IPO approved by the SFC, and in the purchase tomorrow, after the listing will become the first to sell the shell back to land a shares of the company. Chuan instrument shares in this issue not more than 100 million shares, proposed to raise funds 626 million, and 200 million of the money used to repay bank loans is questioned by the market. According to the public information, Chuan Instrument stock predecessor is Sichuan Instrument Factory, founded in 1965, is the original state deployment of the three major instrumentation manufacturing base. Its predecessor of the original Chongqing Chuan instrument was listed on August 30, 1996, after the listing of 1997 years, 1998, that is, continuous loss, in 1999 was "St." special treatment, in order to avoid the city, June 1999, Chongqing Chuan instrument was from Zhejiang Backdoor Holding company, the original assets from the listed companies stripped. Although Chuan-instrument shares will be listed again after the reorganization, many disputes are still unavoidable. And China Daily Network also found that Sichuan instrument shares 2013 new top five customers in Zhejiang billion Treasure Co., Ltd. to check no information, quietly evaporate, and not Chuan instrument shares the downstream enterprises. According to the prospectus, Chuan instrument shares 2013 years ago the five major customers in Zhejiang billion Treasure Co., Ltd. to add the top five customers, Chuan instrument shares on its 2013-year operating income of 33.431 million yuan. But according to industry and commerce information, Zhejiang billion Treasure Co., Ltd. does not exist, by the search for the name of a similar existence of the company for Zhejiang billion Technology Co., Ltd., the legal representative for Chen Bao, registered capital of 20 million yuan, was founded in December 2003, its main business for the production of various types of electrical switches and Chuan Instrument shares 2013 the fifth largest customer is Zhejiang billion Treasure Co., Ltd. or Zhejiang billion BAO Technology Co., Ltd.? Chuan instrument shares in response said: After inspection, Zhejiang billion-Treasure Technology Co., Ltd. since 2010 is the company's customers. Obviously, the mistake of the customer name in the company's prospectus, even though the difference between the two words, means that the issuer and the sponsoring agency are not responsible for such work, and that this low-level error in the prospectus, as an important legal text of the company, should not have occurred. In addition, the prospectus clearly stated: Chuan instrument shares are mainly engaged in industrial automatic control system equipment and engineering complete sets of research and development, production, sales, technical advice, services and other business; the industry is technology-intensive industry, including precision machinery, electronics, computer, software, communications, semiconductor processing and many other technologies Industrial automation instrumentation and control devices are its main business, products are widely used in metallurgy, electricity, petrochemical, nuclear power, urban rail transit and other fields. and Zhejiang billion Technology Co., Ltd. specializing in the production of various types of electrical switches and micro-motor accessories, is clearly not the downstream sector of the Sichuan instrument shares. Chuan Instrument shares give the explanation is: 2013, the company sponsor organization Field interview Zhejiang billion Bao Technology Co., Ltd. General manager, the company mainly to metal functional materials branch to buy silver, copper, nickel and other composite materials for its production. Chuan Instrument shares 2013 to Zhejiang billion business income of up to 33.43 million yuan, squeeze the company's top five customers, but ZhejiangBillion is only to metal functional Materials branch procurement of metal composite materials, rather than its main business products, this is not suspicious? Or is there a false statement about the company's main business in the prospectus? Similar operating income in the end how much, we do not know, the company positioning technology-intensive enterprises seem to have moisture.