Three Gorges new material letter put in serious financial fraud in Shanghai to inform criticism

Securities Times Network (www.stcn.com) August 08 News of the Three Gorges New Materials (600293) 8th Evening Disclosure of the Shanghai [micro-blog] Disciplinary decision shows that the company in the performance of information disclosure obligations exist serious financial fraud. The announcement said that the company in 2011, 2012 Cost accounting process, respectively, less than the cost of raw materials 475.82 million yuan, 15.68 million yuan. Recently, the board of Directors of the 2011, 2012, the major accounting errors have been corrected, reducing the 2011 attributable to the owner of the parent company's net profit of 64.44 million yuan, reduction of 2012 attributable to the owner of the parent company's net profit of 13.33 million yuan. The foregoing adjustment causes the company financial information disclosure to be distorted, the consequence is serious, the nature is bad. In addition, the company's 2013 annual performance forecasts and actual performance difference is large, the company 2013 is actually attributable to the listed company shareholders net profit of 31.04 million yuan, but the company in January 29, 2014 disclosed the 2013 annual performance announcement, said The annual profit of 2013 is expected to be 50 million yuan-60 million yuan, up 240% to 310% from a year earlier. The decision book pointed out that the company in the disclosure of 2013 annual performance forecasts should be able to estimate the value of the asset impairment, depreciation risk, and the uncertainty of the accounting confirmation can be disclosed, but the company did not fully estimate the risk, also did not disclose the uncertainty in advance, resulting in the company's performance forecasts eventually appear His behavior is manifestly imprudent. As for the above behavior, SSE to the company when vice chairman and general manager Zhang Jinqui, when the director and deputy general Manager Yin Hong, the Cultural Revolution, when the director Li Wei (Treasury), when the independent director Xuchangsheng, Meshungjian, Yinming hair, when any Chen Yongjun, Huangyongqing, when deputy general manager Rosia, Huang, When the Secretary of the Board of Directors Zhang Guangchun to inform the criticism, and will be credited to the listed company integrity files. (Securities Times Network News Center)