Significant contract disclosure lags behind Kowloon Power self-argument weakness

Source: Internet
Author: User
Two months before the signing of the project, dragged to two months before the announcement, during this period, all kinds of unrelated information on the network disorderly spread.  The explanation of the Kowloon Electric Power (600292) is that it is not aware of the specific conduct of the subsidiary, but it is feared that it is not. October 8, the Kowloon Electric Power Bulletin said, the company received a subsidiary of the company on September 29 in China Electric Power Investment Co., Ltd. and Shandong Nuclear Power Co., Ltd. signed on July 30 in the Marine Nuclear project site waste Treatment Facilities Supply Contract Agreement fax. The contents of the agreement include, far Tatsu company and the United States Energysolutions,eu Limited (hereinafter called ES Company) to form a consortium to jointly undertake the Shandong nuclear reactor Waste Disposal (SRTF) project design, equipment supply and technical services.  Among them, far tatsu environmental protection is mainly responsible for the main process system in addition to the design, equipment supply and technical services, the contract price of about 240 million yuan. It is not difficult to see that the Kowloon Electric Power announced in October is the far reaches of the company as early as July 30, has completed the contract, why a notice to wait two months long? "It will take some time because the contract requires the parties to pass the signatures at different locations," said the chief executive of the Kowloon Power industry. We made the announcement immediately after we got the official documents from the company, we didn't know the contract of the company before we had the official documents.  "Far Tatsu Company and Shandong Nuclear power after the signing of the August, the network has been circulating a large number of written information about the signing, and some even directly named the Kowloon Electric Power Chairman Liu Xiaqing also participated in the July 30 signing ceremony.  On the Internet rumors, the Kowloon Electric Power Dong said the company can not verify the relevant statements, but has received the official documents of the company's contract to the far reaches of the company, as a holding subsidiary of listed companies to comply with the disclosure rules. Is the Internet rumor really impossible to verify? In fact, the website of China Electric Power Investment Group Corporation, the Kowloon Electric Power holding shareholder, has already released relevant information. The website on August 4 published a group news, including "July 30, Shandong Haiyang Nuclear power Plant site waste disposal Facility (SRTF) contract signing ceremony held in Beijing", "Group nuclear power Division, bidding Management Center, Shandong Nuclear Power, Kowloon Electric Power, far-reaching environmental protection, ES company,  Complete sets of companies and other units concerned in charge of the signing ceremony "and so on." According to the information of the China Electric Investment website, the Kowloon Electric Power sent a member to participate in the signing ceremony of the company and Shandong Nuclear power station on July 30, and signed the contract form.  The so-called "uninformed" and "different locations" of the listed companies are clearly not tenable. Another noteworthy point is that the company signed the July 30, the Kowloon Electric Power is in the suspension period of major matters, September 20, the Kowloon Electric Power Recovery, and announced that the holding shareholder will issue a shares in private. After the licence, the Kowloon Electric Power stock continuously trading, in the company September 27 issued a notice of the stock price, the company for the company signed a contract did not mention,The board and management of the company said that there was "no significant information that should disclose undisclosed impact on the company's share price movements". A subsidiary has signed a major business contract and the controlling shareholder is aware while the listed companies in the middle of the company claimed to have no knowledge of the issue, and the subsequent stock price verification did not "detect" the long leaked news, it is clear that the problem of the Kowloon Electric Power is not only the negligence of information disclosure, the deep-seated reasons may be more worthy of attention.

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