The letter of the gum industry to cover the contents of "Fight"

Once because of the executive false pay show by the market generally questioned the gum industry (300041) Now burst information disclosure contradictions, content "fight" jokes. August 26, the gum industry released a notice of the resignation, said the company Dong Zeng Xueyi on August 20 to resign to the company, the fifth session of the Board of Directors held on August 25, the appointment of Tian Haidong for the company Dong.　　And China Securities News reporter check back to the rubber industry notice found that, as early as the company published in the annual report of April 21 this year, it was announced that "April 19, the fifth session of the Board of Trustees to appoint Mr. Tian Haidong as the Secretary of the Board." Does the company have two secretaries in the 4-month period?　　Back to the contradictions of the rubber industry bulletin, really let the market is not the mind, but also let investors on the company's governance generated suspicion. Tian Haidong, in an interview with China Securities Daily, explained that he had not yet obtained the Secretary of the Board of Directors of the exchange as a result of the April 19 decision of the Board of directors to appoint him. In his subsequent SSE qualification training course, he succeeded in passing the relevant examination, and in June he was given the exchange certificate of Dong.　　Because feel that the board of directors concurrent announcement is too troublesome, so the company chose in August announced half a year to convene the board and issued Zeng Xueyi resignation and appointment Tian Haidong announcement.　　However, one investor questioned this, he said, the disclosure of the norms of transparency is the obligation and responsibility of every listed company, since it is Tian Haidong has not yet obtained the qualifications, the company should be issued a notice, otherwise it is inevitable to let people suspect who is the company's true Dong-mi.　　In this regard, Tian Haidong also believes that the company in the annual report to appoint it as the Secretary for the Secretary, and did not publish a detailed bulletin stating that the real situation is slightly wrong. Corporate governance concerns the Securities and Futures Commission issued in 2006 the "Guidelines on the Articles of Incorporation" clearly stipulates that the Secretary of the listed company's board of Directors is the company's senior managers.　　And the rubber industry will be the company's senior management position changes as a joke, its attitude towards ordinary investors is evident.　　A local investor in Xiangfan, called Zhouyu, told the Chinese Securities News reporter that there was something else behind the messy disclosure.　　Zhouyu revealed that the company's original Dong Zeng Xueyi actually do not understand the capital market this, and Tian Haidong originally in Xiangyang Bearing Securities department work for many years, the capital market more understanding, back to the plastic industry to hire Tian Haidong is to go on the market to prepare. As the regulatory authority stipulates that the Secretary of the board must be a company executive, so let the former Xiangfan high-tech Industry Administration party secretary, director, Xiangfan National Hi-Tech Industrial Development Zone CMC Committee Deputy secretary, deputy Director and Xiangfan Committee deputy Director, party committee members of the Zeng Xueyi hang Dong secret name, and the east of Tian Hai　　And the home of the company's plastic industry is in Xiangfan National high-tech Development Zone Qinghe Road, No. 33rd.　　According to the company's prospectus, the Zeng Xueyi held 150,000 shares in the original shareholder list before the return of gum industry, while Tian Haidong did not hold any shares.Zeng Xueyi in the market before the talk with reporters said that they do not know much about the capital market, when the secretary is only hanging a name, do not have much to do related things. Zhouyu Introduction, back to the gum industry before and after the listing, do the capital market this piece of work is mainly Tian Haidong. However, Tian Haidong has no right to speak in front of Zhangfeng.　　But at any rate, top-level changes are trifling, reflecting the company's messy governance structure.　　Performance worries share price plunge a brokerage researcher, who declined to be named, told the Chinese Securities News reporter that in the back of the gum industry, there was a sharp decline in cash flow and more than half of the product's gross profit margin. According to the six months of gum industry, the company's first half of the main business income growth of 49.72%, while the net profit rose 72.41%, reached its performance advance notice 60%-75% ceiling.　　But the company's share price has plummeted, the company announced a six-year report after the stock price plunged, the decline in the 110 gem companies ranked 5th, the plate or even close to the fall.　　Industry analyst, the first half of the company's performance looks bright, but there are a few worries, this also makes the industry although still continue to send recommendations back to the gum industry report, but the company's long-term development prospects are questioned, coupled with the company valuation is too high, forecast the 2010 P/E ratio exceeded 50 times times, so the stock price The researchers said the first half of the company's operating cash flow fell sharply by 30% to 18.25 million yuan, compared to the company's net profit of 42.42 million yuan lower 57%. Second, in the prospect of substantial increase in income, the company's polyurethane rubber, other plastic products and non-plastic products, the gross margin of the product is down 2.2, 2.34 and 2.45%, and these three categories of products accounted for the company's main business income ratio of more than 50%, polyurethane rubber is one of the company's core products