The performance of Jinlong shares has been lowered again

Because of "stocks" huge losses in June, the first half of the performance of the Jin long shares, because the stock market continued to fall since June last night, the company had to downgrade the performance forecast.　　After the revision, the company expects the medium-term net profit to drop 30% year-on-year.　　Revised, the company's net profit from the previous 120 million Yuan ~1.5 billion, will be 42 million yuan, the basic earnings per share of about 0.4 yuan ~0.5 yuan, down to 0.14 yuan, net profit and basic earnings per share fell 30%. Jinlong shares said that, as a result of the April 2010 China's securities market overall decline, the volume of securities transactions continue to shrink, the company holds a 40% stake in Dongguan Securities 2010 4 ~ June business receipts, with the company in the middle of the April 2010 forecast compared with a larger decline,　　According to Dongguan Securities brokerage and proprietary business in the first half of 2010 earnings, the company expects 2010 1 ~ June attributable to the company's shareholders net profit compared with the same period last year will be reduced by about 30%. As of the first quarter of this year, Dongguan Securities held a total of 57.8395 million shares of Oriental group, accounted for 4.66% of the share of shares, Oriental Group since April, the share price has fallen by nearly 30%, if the shares have not been sold since March 31,　　Dongguan Securities float A total loss of 140 million yuan, Jinlong shares to bear the corresponding investment losses of more than 56 million.　　In addition, Dongguan Holdings, which holds 20% per cent of Dongguan Securities, has also been implicated, but Dongguan Holdings said in June that the loss of investment in the Oriental group had no significant impact on the company's operating performance in the first half of 2010. The company is holding 40% of the equity in Dongguan Securities, as of June 9, Dongguan Securities Investment Oriental Group, a huge loss of 89.53 million yuan, the company in accordance with the 40% proportion of Dongguan Securities Investment Oriental Group's floating deficit of about 35.81 million yuan. The company is expected to profit in the first half of 2010, from the original forecast growth 100%~150%, adjusted to the estimated year-on-year growth 0%~50%. The company has been forced to downgrade its interim results since June, when the stock market has continued to decline.