S*st the Holy side disclosure advance or due to reorganization progress

S*st (000620), which was scheduled to disclose its 2010 annual report on January 26, announced that it was the first company to disclose its annual report as a result of the adjustment of its work plan and its early disclosure on January 8, 2011.　　Analysts pointed out that the first release of the annual report of the company will generally have better performance or restructuring arrangements, the s*st in advance of the release of the annual report, or because the company restructuring has made new progress. S*st, the so-called "A-share undead bird", was suspended from the market since 2006. In the years that followed, no matter how much the company loses in the year, it can always miraculously turn a corner at the end of the decade to avoid being returned to the city. This one Mudanjiang "money to protect shell" action is not. Last December 27, the company issued a notice, received the Mudanjiang people's government subsidy 2.72 million yuan.　　The company's three quarterly reports show that its net profit loss of 1.4 million yuan in the first three quarters was attributable to the parent company. S*st the uncharacteristically became the first annual report to disclose, the market personage analyzes its reorganization matter may have the new progress. The company finalized in August 2009 to the new Hualian holding directional additional to absorb its Beijing Xinhua joint Company, changed into real estate enterprises, but the real estate market encountered unprecedented stringent regulation, the SFC in October 2010 announced the "suspension of real estate restructuring applications", the accepted real estate restructuring applications,　　Will seek advice from the Ministry of Land and Resources. According to the company announcement, March 3, 2010, the company reorganization program has been approved by the SFC merger and reorganization of the conditions passed, but the company has not received the relevant approval documents. This change s*st the holy side to the Song again. But the company did not abandon the restructuring plan, the industry also said, "the door is not completely closed."　　"December 23, the company's provisional shareholder meeting decided to extend the above reorganization plan for one year."　　However, because the company's main business has not been significantly improved, share reform and reorganization matters have not been substantial progress, the company has not been able to shake off the market after year to stop the situation. According to wind statistics, the S*st San 2006 to 2009 consecutive four years of the annual report by the audit body issued "with emphasis on the matter paragraph of the unqualified opinion" audit opinion. In the audit opinion of the 2009 Annual report, the audit organization suggested that the company has no production and operating assets and production and operation Business, the company's operation and profitability depends on government subsidies.