Dongshan Precision large shareholder compensation investment loss The meaning of drunken weng or in the increase

Three years ago, an American company that used super funds to invest, and now even the continued operation of the doubt, at this time, Dongshan Precision (002384) major shareholders come forward to fill out this "hole."　　It is noteworthy that the company has proposed more than a year to stay at the stage of the shareholder meeting, the IPO fund-raising has been spent, major shareholders to fill the "hole" to promote refinancing? Large compensation Dongshan Precision yesterday, the company received a "commitment letter" from the controlling shareholder, Yonggang, on September 17, and Yonggang (or Yonggang and Lang Yong) will be fully compensated for the investment in the U.S. Solfocus.,inc Company (hereinafter "Solfocus") The total investment losses and long-term impairment losses caused by the company in 2010-2012 amounted to RMB 133.69 million, that is, the total original investment of the company to Solfocus in October 2010. The form of compensation will include: cash compensation, the purchase of the company's Solfocus stake at the original price.　　In addition, if the compensation period expires (within 12 months from the date of this undertaking) but does not compensate the company in full, Yonggang agrees that the company will repurchase the shares of Yonggang (or Yonggang, Lang Yong) at the price of RMB 1. Dongshan Precision Professional engaged in precision metal manufacturing services, in April 2010 to enter the SME board listing, after the listing of the company's industrial structure for strategic expansion, the new led to the representative of the precision Electronic business. The company IPO funds net amount of 965 million yuan, super raise 642 million yuan. In the year of listing, the company spent 133.69 million yuan to buy the United States Solfocus issued 20 million U.S. dollar preferred shares, accounting for its 10.65% stake. When, Dongshan Precision said: "In the solar business, the company for Solfocus Precision sheet metal parts and assembly services, the only supplier, there is no competitor." "Hot potato but, after entering 2011, by the global PV industry downturn impact, solfocus in the period of large losses. 2012, Dongshan precision loss of more than billion, one of the reasons is that Solfocus continued to operate in doubt, to its investment in the provision of impairment.　　Specifically, due to the large loss of solfocus and future profitability there is a certain uncertainty, Dongshan precision on its long-term equity investment in the recognition of investment losses of 16.2273 million yuan, the total amount of long-term equity investment impairment to prepare 75.9363 million yuan. In fact, Dongshan Precision also due to Solfocus and updated 2011 years. Dongshan Precision to solfocus long-term equity investment using equity method Accounting, 2011 Annual report, Dongshan precision based on the Solfocus board provided by the financial statements confirmed the investment income. After the company's 2011 financial statements approved, KPMG audited the SOLFOCUS2011 annual financial statements, audited net profit and Solfocus boardThere are discrepancies in the financial statements provided.　　In view of the above facts, Dongshan Precision 2011-year retribution according to Solfocus approved net profit-51.538 million U.S. dollars of 10.65% confirmed investment income-34.5844 million yuan, with the confirmed investment income-21.7419 million yuan, less to confirm the gain-12.8425 million yuan.　　Intended to increase? Dongshan Precision listing of nearly 1 billion yuan, sitting heavily and listing only two years, 2012 years will be a huge loss of more than billion. The company proposed refinancing in 2012. In April, the two anniversary of the listing of Dongshan Precision announced the non-public issue of stock plans, to be no less than 17.39 yuan/share non-public issue no more than 62 million shares, raise capital limit of 1.081 billion yuan, raise funds mainly invested in the company's precision manufacturing system of the overall expansion of the project.　　After the company's 2011 profit distribution and the implementation of the Capital Accumulation Fund conversion scheme, the distribution reserve price is adjusted to 8.65 yuan/share, and the quantity is adjusted to no more than 124.97 million shares. However, more than a year since the issuance of the scheme, the progress has been slow and is still at the stage of the shareholder meeting. What the hell is going on here? What is the relationship between the controlling shareholder's compensation investment loss and the additional issue? The company listed to raise money nearly 1 billion yuan, why so quickly have no funds? With a lot of questions, the "Volkswagen Securities" reporter repeatedly called Dongshan Precision, but the company's external phone has never been answered. Reporter Ye Changlin