St King Taiwan's first year after the big loss of 59.4 million major shareholders or action

Today finally ushered in the St Emperor Taiwan (000995, closing price of 16.10 Yuan) the first easy after the annual report, but its huge losses in the disappointment of investors at the same time, I am afraid that will be new into the big shareholder face is not too good-looking. Looking back at last year's big shareholder's position, today's one-year "Shihun" period is over, this year is to continue to wait for the company's main business improvement?　　Or is there another strategy to take? Liquor gross profit margin of 59% still huge deficit annual report, St King Taiwan 2010 to achieve operating income of 64.3785 million yuan, a year-on-year decline of 18.25%. Among them, grain liquor sales income of 56.0055 million yuan, accounted for up to 89.47%, an increase of 49.44% per cent, gross profit margin of 59.54%, wine to achieve operating income of 3.7914 million yuan, down 60.89%. The net profit aspect is to appear-59.3991 million yuan huge loss, falls 946.11% year-on-year, earnings per share is 0.33 yuan.　　The decline in operating income can be said to be dwarfed. St. Huang Taiwan in the annual report that the company in early 2010, through the transformation of the original production facilities, new production lines and other work, and gradually restore the production capacity of liquor, and strengthen quality management, the implementation of hand-brewed.　　At the same time, the company introduced a professional liquor sales advisory Team, according to the market structure, customer structure, product structure of the overall planning, in the elimination and adjustment of the original sales base of the old products of high cost, but also optimized the "six tripod" and "natural" series of new products developed "Emperor Taiwan Extreme" and other products.　　In the market development, the 2010 ST-Taiwan focus on the operation of Wuwei and the surrounding key markets, while the initial launch of the Lanzhou market, but there are still some areas have not reached the scheduled sales target, the board will be based on different geographical characteristics of timely adjustment of sales strategy. If the company's liquor business has a little improvement, the revival of wine business is much slower. St Taiwan said that the 2010 annual base of the investment is basically unchanged from previous years. Grape juice production is only slightly more than the previous year, and only a small amount of raw juice sold, most of the original juice stored in the warehouse.　　At present, the company is still exploring the development model of wine. Major shareholder this year or there was action last February Shanghai thick Abundant Investment Co., Ltd. in the King of St Taiwan when the High-profile, is because of the bullish liquor industry in the domestic development space, that the company's Imperial Taiwan wine has a certain market base, as long as a certain amount of financial support, strengthen sales and management, with incentive mechanism to introduce talent,　　The company must have a lot of room for development. The capital support of large shareholder is also really in place. The annual report shows that St Huang Taiwan borrowed 70.0418 million yuan from the major shareholder last year, of which more than 18 million yuan was used to cover 3 liquor-making liquor shop and the second workshop of technical renovation and four projects; 52 million yuan was used to liquidate debts. Due to the large shareholder's power, St Huang Taiwan and the Agricultural Bank of China Wuwei Branch and the Chinese Great Wall assets company Lanzhou Office of the historical debt thoroughlyBe resolved. Although the funding is not a small help, but the company's performance has not improved. And according to last year, Shanghai thick Abundant Investment Co., Ltd. when the position, in the completion of the transaction within one year, the listed company's main and no adjustment plan or asset disposal or reorganization plan.　　At the same time, it also made a promise not to transfer the shares of the company owning the interest within a year. The passage of the day, then, holding today's report card, Shanghai thick Abundant Investment Co., Ltd. is to continue to inject capital, or other strategies to take? Only time will give us the answer.