The backdoor in the deep south of China-Guangzhou nuclear power

China Guangdong Nuclear Power Group Co., Ltd. (hereinafter referred to as the Chinese-canton nuclear) is to be listed, because of this, it is the news of the shell listing has been used again and again as an excuse for speculation. Recently, the Sino-Canton nuclear power to borrow Deep South electricity A (000037) listing of the argument intensified, February 16, the huge amount of money to the Deep South electric a push to the limit, February 17, the company suspended, late that night, Deep South Electricity issued a clarification announcement, said rumors are not true, resulting in the February 18 opening As the China-Canton nuclear market has not yet listed, keen to treasure the game of hot money next will hype which companies are unclear. However, the reporter from the broad nuclear recruitment online found, as early as last year, the broad nuclear began to recruit senior executives, the goal of the IPO, obviously, the Chinese-Canton nuclear is already doing backdoor and IPO two hands ready. Speculation Deep South electricity from last November, the Internet has a nuclear backdoor around the wall, fancy deep South electricity. Since January this year, rumors have intensified: said China-Canton nuclear Power will backdoor deep South, to achieve its main nuclear assets listed, involving assets worth 8.5 billion yuan. And Deep South Electricity's share price also in January 18 after bottoming out gradually rise, until February 16 by the huge seal to limit trading. The reporter calls Deep South TV University shareholder insider insiders, he said that the backdoor of the nuclear issue is not possible, this is the market speculation. February 17 Night, Deep South Power issued a clarification notice said the rumors are untrue. The company said that, aware of the above rumors, the company's board of directors to consult the company's chairman Yang Haixian and a written consultation of the company's main shareholders Shenzhen Energy Group Co., Ltd., Shenzhen Guang Ju Investment Holdings Limited, the state network Shenzhen Energy Development Group Co., Ltd., all said, The company has never carried out any planning, negotiation, intention or agreement with China Guangdong Nuclear Power Group Co., Ltd. on the transfer of shares in the corporation. There is no such act of reorganization, acquisition or issue of shares of major assets of the company or any of the above-mentioned shareholders, and undertakes not to plan the above matters for at least 3 months. February 18, Deep South Electric opened a 5.26% plunge. It is not a good shell on the surface, the Deep South electric power seems to be a good shell. Since 2005, the company's main business has been deteriorating, operating profit has been at a loss, but rely on government subsidies to maintain profitability. At the end of January, the results showed that due to the rising cost of power generation fuel, subordinate Shanang Lang power plant unit overhaul, LNG technical transformation and Jiangxi Xinchang Power Generation Co., Ltd. investment losses, the company 2010 loss of 110 million yuan to 136 million yuan. In addition, the company's assets are declining. November 15, 2008, Deep South Power issued a notice, the wholly-owned subsidiary of the Shenzhen-South Energy Singapore Company Holdings of assets-Hong Kong Hing Tak Sheng Company 100% Equity Transfer to the deep industry group's deep investment company. May 5, 2010, the Shenzhen-South Electric proposed agreement to transfer the holding of Shenzhen Energy Environmental Protection Co., Ltd. 10% of the shares of energy. The tendency of the deep and southern electricity to have empty shell gradually. However, the people familiar with the matter reminded reporters: "Deep South Power and Goldman Sachs are alsoNo one will borrow its shell. "It is well known that the Shenzhen-South Power company and the Goldman Sachs wholly-owned subsidiary, Jerry-run Singapore private companies," the gambling door "incident has erupted for more than two years. After the two sides suspended the gambling agreement on November 10, 2008, the company asked the Shenzhen-South electric compensation for the termination of the transaction losses, and hope to resolve the dispute in a commercial manner. December 29, 2009, the company sent a letter to request the Deep South power to pay for the losses caused by default and the corresponding interest of 83.6999 million U.S. dollars, or will be sued. So far, the two sides have not reached a settlement. Deep South electricity has such a hidden danger exists, want to borrow shell nature to weigh carefully weigh. As early as 2006, Wang Yumin, vice chairman of China's Electricity Regulatory Commission, said that China's Guangdong nuclear Power group, which would be listed in Hong Kong from 2007 to 2008, was expected to raise 4 billion to 10 billion yuan. He said China-Canton Nuclear is doing some preparatory work before the IPO. 3 years later, in April 2009, Chan Zhimin, chairman of China-Canton nuclear, said: "The Chinese-Canton Nuclear Group is interested in listing, but the specific arrangements to be approved by the SASAC, we are doing relevant research." "Does the Chinese-canton nuclear market have to borrow shells?" Some market insiders believe that the country has identified three nuclear power companies need to be listed, the time is 2012 years ago completed. If the IPO, the need for joint-stock reform, and then accept the 1-year listing counseling, and then submit the application, time is unlikely to be completed. Shell is the best choice. In such judgments, Treasure hunt game in full swing. In the market rumors, Shao Energy shares, star power and Fujian power and other listed companies have become the backdoor target. At the beginning of 2010, the share price of Shaoguan shares had a wave of continuous rapid rise in the market, when media reported that the Sino-Canton nuclear backdoor issues have been "finalized during the New Year's Day", the Shaoguan government requested the Chinese nuclear power project in Shaoguan to invest tens of billions of heavily, the first phase of the project will be As a condition of its backdoor shares. In the first place, the CLP will inject its wind power assets and some of its hydroelectric assets into the future and inject nuclear material assets at the right time. Shao-energy shares quickly issued a notice that there is no such thing, and the next 3 months do not have such plans. Last May, the Yangtze River Power, the parent company of China's Three Gorges group will be a reorganization of the Sino-Canton nuclear rumors also once uproar. Today, the turn to the Deep South electricity. However, the reporter from the broad nuclear recruitment online found that as early as last June, China and Guangdong began to recruit a number of senior executives, the position described as: 1, according to the listing requirements to plan the listing of the company, the listing plan and specific implementation plan to promote the listing; 2, with brokers, lawyers, Accountants and other intermediary agencies and various competent agencies to coordinate communication; 3, responsible for submitting the IPO materials, promote the listing. It is clear that the Chinese-Canton nuclear core is ready for both hands.