Oriental zirconium industry suspension was guessed to plan to enter nuclear power materials

The previous staged lifting of the "big Escape" of the Oriental zirconium industry announced today suspended. However, the reason for the suspension is not that shareholders sell too hard, but the company plans a major issue. The company's shares have been suspended since June 9 and are expected to be subject to the disclosure of relevant matters before June 21.　　The shares closed up more than 9% per cent yesterday. The oriental zirconium industry did not mention anything about the major issues. However, the market has been rumored that the Oriental zirconium industry and the Sino-Canton Nuclear Group to establish joint ventures to develop nuclear-grade zirconium, and batch production of 800 tons of nuclear-grade sponge zirconium capacity. Oriental zirconium industry to enter the field of nuclear power materials is not groundless, the 2009 Guangdong nuclear Industry Planning has been the Oriental zirconium industry and the China-Canton nuclear Group to the nuclear-grade zirconium industrialization project support units. The project content is "the cooperation develops the nuclear grade zirconium material, the formation includes the annual output of 800 tons of core zirconium sponge zirconium material batch ability."　　At the same time, Guangdong Province nuclear industry planning clearly said: "To support the Guangdong Oriental Zirconium Technology Co., Ltd. and the Sino-Canton Nuclear Group to promote the localization of nuclear-grade zirconium materials." Data show that nuclear grade zirconium is mainly used to cover nuclear fuel rods, zirconium sponge is the production of zirconium materials. Each million kilowatt nuclear power installed capacity consumes 20 to 25 tonnes of zirconium annually.　　Nuclear-grade sponge zirconium at present the production technology threshold is high, the possibility of low price competition is not high. If the Oriental zirconium industry can successfully enter the field of nuclear power materials, will undoubtedly generate a lot of revenue. However, shareholders who had previously dumped the company's shares on the lifting of the ban would be hard to share. Since May 28, the company's 44.72 million-share of the issue of the ban on the issuance of restricted shares, the Oriental zirconium industry suffered a crazy reduction. From May 28 to June 8, the Oriental zirconium industry 12 times on the list, the cumulative reduction over tens of millions. June 8, there were several major deals on the list. The same day a total of 1.65 million shares of Oriental zirconium industry by 14.85 yuan-14.85 yuan price by the bulk trading platform sold. Moreover, the trend of reduction, as the share price fell but more and more fierce. The company's share price has been down all the way since May 31, however, the shareholder's reduction and share price trend is just the opposite, showing an acceleration situation, of which May 31 deal a sum, June 1 and 2nd sold 3 respectively, June 3 5, June 7 and June 8 A total of 5 deals.