Sinorama Holdings Information disclosure repeatedly "repeated" announcements and share prices with the tacit understanding

Editor's note: Information disclosure violations of listed companies have occurred repeatedly, due to the letter of the violation of the law caused by the rights of the case is not uncommon, from the earliest silver-Canton, Hangxiao, Kelon electrical appliances and so on. A few days ago, Shenzhen Stock Exchange announced the main board and small and medium-sized enterprises listed companies 2008 Annual Information Disclosure Assessment work, 2008 listed companies Citic draped unqualified 19 again to the listed company letter of the failure of the phenomenon raised the alarm, these companies because of the letter to wear "loophole"?　　This newspaper will launch a special report on several typical companies to read in detail.　　-This reporter Rosan due to information disclosure irregularities are Shenzhen name exposure, and this or its repeated announcements. Yesterday, Zhou, a prominent lawyer, said the announcement, such as the Sinorama holding, was not tolerated by the exchange.　　It is also related to the estimated information disclosure irregularities.　　However, when the reporter to the information disclosure irregularities when calling Guanghua holding office, the staff said that they do not know, Dong is on business. and a shareholder for Guanghua holdings of Incorrigible told reporters, he was very angry, Guanghua Holdings has been "news" clusters, so that small and medium-sized shareholders at a loss.　　The last time the actual control of the people boast will be restructured, the listed companies to clarify, the results of the stock market volatility, which is that they are not responsible for the performance of the lip. The shareholders ' side has been quoted as a sharp fluctuation in the share price. After the arrival of Guanghua Holdings, the second century International group of light industrial products import and Export Co., Ltd., the latter on the "situation".　　Li Ka-Shing affiliated enterprises after the reorganization of the company's scandal, Sinorama Holdings has come out of the East New century light restructuring of the drama.　　May 14, the actual control of Guanghua Holdings, chairman of Jiangsu Kaiyuan Group, party secretary Ding Jianming to the local media, said Guanghua Holdings Asset restructuring program is still in progress, the earliest to be launched in July. 15th, the report, the two-tier Hua holding market share price to the limit, trading active.　　After a two-day rest, Guanghua Holdings suspended on 18th. 19th, the company clarified that the Kaiyuan Group and Kaiyuan Light have no plans and actions to reorganize Guanghua Holdings.　　However, in the two-tier market is still quiet in the joy of trading, the company's clarification let share prices fell 7 trading days.　　Kaiyuan Group "leaks" and Sinorama holdings immediately clarified that both sides of a "echoed", coupled with the tacit share price, people can not help but doubt.　　In this connection, Zhou said that the major news of listed companies and the performance of stock prices are closely related, do not rule out their operation in the two-tier market.　　According to the relevant provisions of the Shenzhen, listed companies and their directors, supervisors, senior managers shall not use performance forecasts, letters and amendments to mislead investors to engage in insider trading and manipulation of market behavior. The reporter noted that with the story of Sinorama Holding, the circulation of shareholders also frequent access. In the fourth quarter of 2008, Wang Wenxian and its once-funded Shenzhen road China Investment Consulting Co., Ltd. became the top ten circulating shares of Guanghua HoldingsEast, Wang Wenxian is also the top ten shareholders. In the first quarter of this year, the two have withdrawn from the top ten circulating shareholders, while the Hangzhou Branch Rui Holdings Limited, which operates the securities investment business, and Zhejiang Huayuan Investment Management Co., Ltd., Hangzhou, become the new shareholder of Guanghua controlling shareholder.　　In addition, other individual shareholders are also "year-old flowers similar, years of age different people." Guanghua Holdings Dong Sun is also a veteran in the field of investment, the current Suzhou Guanghua Industrial Group (limited) company investment manager, more in Suzhou office.　　Its resume shows that he has worked in Suzhou Finance Securities Company, Nobuyasu Securities Co., Ltd.　　The results of repeated changes in fact, the above shareholders said the Guanghua Holdings "incorrigible" refers to the previous Sinorama holdings in the report on the disclosure of "repeated." Last October, Guanghua Holdings was expected to lose about 20 million yuan in 2008.　　2 months later, the company again said, 2008 is expected to achieve a net profit of 3 million yuan, of which the main business performance loss of 25 million yuan, investment income and other non-recurrent gains and losses of about 28 million yuan. In the good news the day before the announcement, and the date, the company's share price trading.　　After the shareholders ' first Investment Management Limited Holdings, January 14 Guanghua Holdings, the day fell. The catch is that, after the loss of the surplus, March 10 this year, Guanghua Holdings again said that the estimated net profit loss of 20 million yuan.　　In one lap, Sinorama's annual results returned to the original loss of 20 million. And always around the 2008 annual performance gains and losses are "white Tianya" project. Because the supporting facilities do not reach the delivery conditions and can not accept the "white Tianya" project operating income is not included, thus reducing the loss of the year, that is, 13 million yuan for the profit.　　Then, Guanghua Holdings said that because the overall estimated loss of the project about 20 million yuan, according to or contingency items should be reduced value loss of about 13.7 million yuan, so that the surplus of 3 million yuan in advance.　　In this respect, Zhou said, regardless of the "white Tianya" project is not due to delivery can not be accepted, can not be counted into the year of operating income, but the project loss should have been expected, should have been in the contingency plan to reduce the value of the preparation, this can not become a later revision of the reason for the loss of　　In fact, after last year's annual report, Sinorama has once again been a repeat of its performance forecast this year.　　May 19 in the reorganization of the rumors denied the same time, the company announced in the first half of 2009 estimated net profit profit of 17.75 million yuan, a significant increase of 7034.24% per cent on May 12, the sale of the Bank of Transport shares increased investment income of 19 million yuan. On the previous April 27, the company said it had lost 1.56 million yuan, a significant decrease from a year earlier. The losses were mainly attributable to the day-to-day operating costs of the company and its holding companies, and the company said that bank of communications could sell uncertainty about its performance over the year.