To negotiate the price of food quietly increase insurance performance frequency to buy financial products are questioned

"Before the National day buy contact seeds or 8.5 yuan, now the same product price has risen to 9.8 yuan." Recently, Nanjing residents found that the ultra sales of the contact seeds have been quietly raised prices, the range is not small. The backdrop for the big price hike is that this year the company has seen its first profit decline since its IPO and is expected to continue to fall in the third quarter. In addition to price increases, contact food this year has also bought a large number of financial products, which also makes some investors questioned its "do nothing". Price increases only because of raw material prices? "Before and after the national day, melon seed price changes how so big?" Recently, there is a public reaction, the price of contact melon seeds, such as a net content of 260 grams of selected sunflower seeds before the national day price of 8.5 yuan, after the price has been raised to 9.8 yuan, up to 15%. In a supermarket near South Lake, the price of the same product is raised from 8.5 yuan before the festival to 10.5 yuan, and the price increase is more than 20%. A staff member of the supermarket said that the products were sold at the member Price before the festival. And the reporter visits Nanjing City Many supermarkets found that the contact seeds have indeed been to different degrees of price increases. A supermarket boss on the street of the Qing Jie, said that the various sizes of the contact Incense melon seeds Almost all rose 1 yuan. Li Zhenwu, the secretary of Food and Industry, confirmed that "prices have been rising since July." Li Zhenwu to express reporter said, the company has a full price of sunflower products, range in 6%~8%. Because to inform all stores nationwide, the price should be fully completed before and after the national day. For the reason of the price increase, Li Zhenwu said, mainly because sunflower seed raw materials rose significantly, taking into account the cost of production to make the decision. The performance of the downward pressure although the company to increase raw materials as an excuse, but analysts pointed out that the performance pressure is probably the underlying reason for the price of food. At present, the negotiation of food has not yet disclosed three quarterly, but according to the report, the company's first half to achieve revenue of about 1.244 billion yuan, a micro-increase of 6.7%, to achieve the ownership of the listed shareholders of the net profit of about 99 million yuan, down 7.76%, this is the first time since the company's listing And the company's performance forecast for the three quarter is also not optimistic, the first three quarters of the listed companies are expected to belong to the shareholders of the net profit fell Year-on-year 10%~20%. For the decline in performance, the company blamed the rise in raw material prices, resulting in a decline in gross profits, affecting net profit. But earlier, CIC Securities Research reported that the price of sunflower raw materials for premature labor has been downward trend, the end of September raw materials in bulk procurement of raw materials prices will fall 0%-10%, return to normal prices. At the same time, CIC said that, as a result of the three quarterly price increases for sunflower products, the four-quarter gross margin is expected to increase from 26% to 30%, will lead to return to the rising channel of performance. Keen to buy wealth management products despite the decline in performance, but the company does not seem to spend too much energy on the main business. Especially for a large number of idle funds, the company is not invested in the main business, but is keen to purchase financial products. October 14, the company issued a notice said, on October 11 with 40 million yuan idle raise money to buy the bank propertyProduct。 Since May 24, the contact food has issued "on the use of idle raise funds to buy financial products," the number of announcements as many as 7. As of October 14, the company accumulated the first 12 months of use of idle funds to purchase the bank's financial products not due to the amount of up to 555 million yuan. According to the previous general meeting of the shareholders approved the bill shows that the maximum amount of up to 800 million yuan. This also led to investors questioned, there are investors in the interactive exchange platform, said the company idle raise funds should be invested in physical projects rather than to buy money to eat the interest rate products. In addition, some analysts pointed out that the company in the prospectus mentioned in the investment project has been slow progress. Such as Harbin Negotiation Food Co., Ltd. food processing projects and raw materials base in Inner Mongolia, the current investment progress is slow, to a certain extent also affect the main business performance. In this respect, the office staff said that the company's investment in the promotion of the project in the process of a certain difficulty, when the collection of funds idle will be used to invest in value-added.