The agency stepped on "landmines" in the green land.

December 23, the green Earth (002200. SZ) announcement, December 22, the company received the notice of the holding shareholder He Xuequ, its holdings of green land 43,257,985 shares of restricted circulation shares (accounting for 28.63% of the company's total share capital) on December 20, 2010 by the Public security organs of the law frozen.　　Previously, He Xuequ held 23 million shares have been pledged to the relevant banks. Announcement, the company "a word fell."　　As of the end of the day, the green earth to the 34.32 yuan, plunged 9.99%.　　The announcement did not specify the reason for the equity freeze. That morning, this reporter as investors call the Green Earth Director of the secret office. The office staff said, "We also received a notice, to China Securities registration and Clearing limited liability company Shenzhen Branch of the site to inquire when the equity was frozen." The specific reason is not yet known, for the time being not sure when the announcement. "When this reporter asked the above-mentioned personnel He Xuequ whereabouts, the staff said," the company's chairman is not in the company, to travel abroad.　　"It emphasizes that He Xuequ's shareholding is frozen by the public security organs should be its personal behavior, not related to the company." In this respect, Guangdong Ben Benniu law firm director Guohua Lawyer told our correspondent, "if the two sides have economic disputes need to split the property caused by economic cases, the court will be frozen, the public security organs will not intervene in economic disputes." Therefore, once the public security organs to freeze the stake, it means that the matter is far more than economic disputes as simple, but involved in criminal cases. "All along, the company has been a problem. In March 2010, the Green Earth was filed for investigation by China Securities Regulatory Commission for alleged information disclosure violation.　　Since then, SSE in July 2010 to the Green land and the company's management, respectively, made public condemnation and inform criticism of the punishment.　　But in the face of a problem-ridden company, CICC has been publishing two of reports in October and November this year, recommend the Green Earth.　　Corporate chaos as a share of the first green industry listed companies, but also the first private listed enterprises in Yunnan Province, listed just three years of green land, but has revealed a lot of corporate governance problems. In March 2001, the company was first investigated by the CSRC for information disclosure issues.　　Before the SFC's findings were announced, SSE July 9 publicly denounced and criticized the company's frequent "face-changing" and information disclosure issues. From October 2009 ~2010 April, the Green Earth revealed the performance of the announcement and Express has five degrees "face". Last October 30, the company released its 2009 quarterly report that the net profit attributable to the parent company in 2009 was expected to be higher than that of the previous year, and this January 30, the company revised its net profit growth in 2009 to less than 30% per cent 20%~50%. February 27 The company issued its third 2009 annual performance letters, the net profit of the year into 62.12 million Yuan, April 28, the net profit revised to 127960,000 Yuan. April 30, the company released its fifth annual Report 2009, the disclosure of the company 2009 net profit of 151.23 million yuan.　　The 2009 Annual report was also issued by the Asia-Pacific CPA Firm Limited with the annual audit report with reservations.　　To this end, July 21 this year, He Xuequ had to lead the company's executives dedicated to a network of public apologies, to investors apologize.　　In addition, the company's personnel earthquake is not broken. May 11 This year, the company announced that due to the 2009 performance losses, the company management related personnel should bear the corresponding responsibility, the company removed Xu Yunqu general Manager position, employing Wang Guangzhong for the general manager of the company, overall responsible for the company's production and management work;　　Appoint Amy Yuexuan Wang Light for the company's executive vice general manager and financial director.　　Xu Yunqu in 2002 to enter the Green Earth, has served as the company's chief executive Director, the Secretary of the board, deputy general manager, promoted to general manager less than a year, and demoted back to the former deputy general manager. And wait until December 2, 2010, Amy Yuexuan Wang light for personal reasons and apply to resign from his role as director, Deputy Deputy and financial controller.　　Amy Yuexuan Wang's resignation was only half a year away from its previous appointment.　　Earlier, after the company's supervisors and the Convenor of the Board of Supervisors Liu Yuhong resigned on June 9, the company's supervisory board of Supervisors Shi Tingfu also applied to resign from the company's supervisor post on October 26.　　Institutions "Step on the Thunder" Unfortunately, for this year's three quarterly to kill the company's top ten circulating shareholders of a body, it is to step on the "mine."　　In the green Earth three quarter of the top ten circulating shareholders, respectively, there are three brokerages for Zhongyuan Securities, Yintai Securities and Zhejiang Merchants Securities Collection-ABC-zhejiang merchants Huijin 1th. which， Zhongyuan Securities 984300 shares in the third quarter, the final position increased to 5.4987 million shares, ranked third largest circulation shareholder, Zhejiang Merchants Huijin 1th third quarter also have add action, when Tigatson 347300 shares, the third quarter position to 3.109 million shares, ranked the company's eighth largest circulation shareholder; AG-Thai Securities micro-reduction 350,000 shares, closing positions to 245　　.00, retreat to the nineth largest circulating shareholder. In addition, the new three-quarter fund has the development of small-cap Growth Fund, when the quarter to buy 4.0099 million shares, ranked the company's sixth largest circulation shareholders.　　Zhejiang Dongyang Commercial Group Co., Ltd. also in the three-quarter new, buy 4.1575 million shares.　　And in the credibility of the company under the 2008-year credit letter of the word ft No. 055 was reduced by 2.6947 million shares, the third quarter of the end of the final shareholding to 2.2942 million shares, ranked the company's tenth largest circulation shareholders.　　But at the same time the agency bought, the company has lifted the sponsor shareholder of the restricted sale of the Chinese Academy of Sciences Kunming Institute of Botany began high position to reduce the company shares. November 11, 2010, the Kunming Institute of Botany of the Chinese Academy of Sciences through the Shenzhen Stock Exchange bulk trading system sold 1.3 million shares of the company's total share capital of 0.86%, the sale price of 40.72 yuan/share, set now 52936,000 Yuan.　　It is worth mentioning that, despite a lot of company problems, but CICC is not unmoved, this year from August 20 to November 9, three consecutive publication of the research report highly recommended. This reporter noted that October 22, 2010, CICC signed analyst Li Yongxi, has made waves published research report said, the company has announced this year, the total amount of new signed orders amounted to 480 million yuan, is expected to all in hand orders more than 600 million yuan. The report said that at present the company is in the profit trough, the performance gradually bottom up, to the good trend clear.　　Performance on the project orders more flexibility, and market capitalisation relative to other landscaping companies still have a larger discount, maintain the recommended rating.　　November 9, Li Yongxi, Zenglingpo published a study report, said the company's landscaping industry boom, municipal engineering projects sufficient orders. The report said that the company's current orders in the amount of more than 1.2 billion yuan, the future project revenue will continue to increase substantially, is expected to 2011 project revenue is expected to close to 1 billion yuan. In addition, the 2012 seedling sales are expected to gradually restore to the level before the drought, then the company will have large-scale large stock of stock, the conservative estimate of the 2012 seedling sales income of 250 million yuan.　　According to the adjusted earnings forecasts, repeat the recommended rating. CICC's recommend research report has contributed to the two-tier market. In particular, the November 9 report on the release of the day, the Green Earth stock will be a strong trading, November 10, the green land plate to create a new 44.86 yuan on the new market, the same day to 44.35 yuan. Since the CICC August 20 recommended to November 9, green ground two market rose as high as 48.62%.