Net profit decline continues to expand the "busy" to reduce

China Securities Network (trainee reporter Chantri) one side is the continued expansion of net profit decline, one side is the continued rise in share prices, Jia Chong Video (300264, shares bar) two shareholders finally "press tolerance."　　On the evening of September 22, the domestic leading digital TV overall solution provider good record of the announcement, the company held more than 5% shareholders Li Yuhua September 17 through a large number of transactions to reduce the company's stock 7.5 million shares, accounting for 4.9% of the company's total equity. As early as September 17, the Shenzhen Stock Exchange information show that a large transaction occurred on the day, the transaction amount of 55.5 million yuan, the average price of 7.4 yuan, sell sales department for Investment Securities (600999, shares bar) Yangzhou Wen North Road Securities Business Department.　　The amount of the transaction, time and so on with the above Li Yuhua reduction with the item no two. Jia Chuang Video reported this year, Li Yu Huawei's second largest shareholder, holding a 13.28% stake in the company, after the holding shareholder Chen Kunjiang.　　After the reduction, Li Yuhua still holds 12.819 million shares of the company, accounting for 8.3784% of the total equity, and still shares more than 5% of shareholders and the second largest shareholder. Li Yuhua in the "Simple rights report" that the purpose of this reduction is to recover investment to obtain investment income. Reporter access to relevant data found that this time Li Yuhua reduction is "precision reduction." First, its reduction price has been high for nearly three months, and the company's share price has risen by more than 30% over the past three months. Second, the company's net profit decline has continued to expand since last year, three quarterly results or continue to decline.　　Third, the good creation of video executives have in the performance before the collective reduction, there is a reduction precedent. Jia Chong Video September 2011 landing gem, before and in recent years, the company's net profit growth "all the way down." In 2010, a year before the IPO, the net profit of the video was up 59%; 2011, the company's first fiscal year after the listing, the company's net profit growth rate fell sharply, only an increase of 13%; 2012, the company achieved net profit of 14.3056 million yuan, down 66%　　The net profit for the first half of this year was only 3.729 million yuan, down 73% per cent. In addition, from the history of the company's previous sales, the company's executives have a successful "escape" before the performance of the precedent. September 18, 2012, that is, Jia Chong video The first batch of restricted shares listed on the day of circulation.　　From the next day, at that time, the company's financial director Huangmin, director and general manager Zhanghaichang, Dong Secretary Zhu Weixiang, Supervisors, and other 7 senior executives began to take turns to reduce, some executives reduce the amount of the annual selling limit, the cumulative set is now 13.2 million yuan. Industry personage Analysis thinks, this time the good creates the video Li Yuhua to reduce, or wants to rob in the company three quarterly report, as well as the whole year forecast announcement before "flee", at the same time its reduction price is in recent months the higher point which continues to rise.