Jiang Drilling shares subsidiary illegal production by the security bureau to suspend business rectification

Jiang Diamond shares announced yesterday evening that the holding subsidiary of Chengde River Drilling Petroleum Machinery Co., Ltd. (hereinafter referred to as "Chengde River Drilling") recently received Chengde Safety Production Supervision Authority signed (Sheng) Security supervision Penalty "2013" NO. 003 "Administrative penalty Decision book" and (Sheng) Safety supervision penalty "2013" "Administrative penalty decision", No. No. 045. "Administrative penalty decision book," said Chengde River drilling overdue not set up a full-time safety management body, temporary electrical work permits to fill out the imperfect. This violation of the "Safety production law" 19th, "Safety production law," article tenth of the provisions of the second paragraph, Chengde Safety production Supervision authority in accordance with the "Safety production law," article 82nd, "the administrative penalty for safe production violations," the provisions of the first article, give warning, Shut down the liquidation and a fine of 10,000 yuan administrative penalty. In addition, Chengde River drilling did not 2012 occupational health examination found in a suspected occupational case to the safety Supervision Department reported. This violation of the "People's Republic of China's occupational disease Prevention and Control law 51st," Chengde Safety production Supervision authority in accordance with the "People's Republic of China Law on Prevention of occupational diseases," the provisions of the 75th, to give warning, and a fine of 10,000 yuan administrative punishment. For corrective measures, Jiang drilling shares said, Chengde River Drilling has set up a full-time security management agencies, temporary electrical work permits to fill in complete. A suspected occupational case found in the 2012 Occupational Health examination has been reported to the safety Supervision Department. At the same time that the subsidiary company violates the safety production law, the performance of Jiang Drilling shares is not ideal. The first half of the company to achieve operating income of 760 million yuan, down 3.07%, belong to the listed company shareholders net profit of 58.31 million yuan, fell 6.63%. The slump in gas and chemical business has been a major drag on corporate performance. Shanghai Securities analyst Zhao Bing said that the company's natural gas business due to the Wanxian region's investment has not yet achieved large-scale gains, so the income growth rate is slow, profitability is at a lower level, gross profit margin of 9.5%, down 8.4% year-on-year, and chemical products sales income by the chemical market downturn affected the scale continued to shrink 42%, Led to a sharp decline in gross margin, operating at a loss. "The company's return on net assets, gross profit margin has been reduced, the company's operating face a severe test." "He thought. And in the company's future performance worries, the recent river drilling stock executives are also frequent changes. September 10, the company president Guyuhong, Chief accountant Li Yuandong at the same time separation. The notice said that the former president Guyuhong "as a result of job transfer reasons to resign the company's president position", still as a company director, and the original chief accountant Li Yuandong is "due to age reasons to resign from the chief accountant."