Xingmin Steel Ring announcement big flicker stock price instantaneous limit to fall stop was suspected intentional error

Panoramic Network September 18 Everbright Securities of the Oolong refers to the event in the A-share market, although unprecedented, after one months later has appeared, the sequel of the Dragon drama today by the Xingmin Steel Rim (002355) bar staged. On the evening of September 17, Xingmin steel Ring issued "on the signing of the composite Wheel procurement contract announcement", said its September 16 and Trans Texs TIRE,LLC signed the "procurement contract", "contract agreed to provide the other side of the composite Wheel (6x15) 5,304 pieces,　　The total amount is 5,160,792,000 U.S. dollars (equivalent to about 3.1734 million yuan) ". Xingmin steel ring Wednesday morning to open trading price, but opened 1 minutes immediately after the rallying stop.　　Market Analysis said, perhaps the market mistakenly believe that xingmin steel ring to obtain up to 5.161 billion U.S. dollars of orders, so before the opening was pushed up to the trading board, and later found that its announcement may be wrong, so the stock price was hit back to the original. However, due to Xingmin steel ring today released a historical day volume, turnover of up to 852 million yuan, far higher than historical data, Sina shares in the "Xingmin Steel Ring bulletin suspected to cooperate with the main shipments," the query.　　Since the February 9, 2010 listing, Xingmin steel ring daily turnover of up to not more than 300 million yuan, today's heavy volume fall is indeed unusual.　　In the market has questioned the company failed to take measures to correct the error, SSE issued an emergency notice around 11 o'clock in the morning, said the Xingmin steel rim of the announcement of errors, may mislead investors investment decisions, the company's temporary suspension of stock. Xingmin Steel rim in the midday rest when the correction notice, admitted that due to staff negligence, the original notice in a number of contracts in the amount of data error, the contract amount should be 516,100 U.S. dollars, and the contract of the buyer's company name also appeared wrong.　　This afternoon xingmin rims resumed trading, the plate opened a few degrees, but beyond resurrection. However, the cause of the xingmin rims is still questionable. In the original announcement, not only the total amount of the contract error, but also in the terms of payment there are two identical errors-"The buyer should be signed after the contract to the seller's total order amount of 50%, that is, 2,580,396,000 U.S. dollars used as a contract deposit." After the supplier delivers the goods, the buyer pays the remaining 50% of the payment of USD 2,580,396,000 within 7 days after receiving the copy of the seller's bill of lading.　　"There are 3 errors in 4 of the information in the entire notice involving the amount of the contract." In addition, although the company said in its original announcement that "the contract does not have a significant impact on the company's 2013-year performance", it seems to be a little bit of evidence of the company's intention to make mistakes.　　However, the listed company issued a notice of the contract, the general will indicate the contract amount accounted for the previous year by the proportion of audited business income, but xingmin steel rims in the original notice does not have this data.　　Xingmin Steel Rim 2012 realized operating income of 1.134 billion yuan, the purchase contract amount accounted for only 0.28%, if the company disclosed the data, may reduce market misunderstanding. To step back, even if you do not disclose the ratio of data, but in fact, the company's internal staff can not be unaware of the contract amount accounted forSuch a slight, and not a major contract is not mandatory disclosure requirements, investors inevitably questioned Xingmin Steel Rim initiative disclosure motives.　　In addition, Xingmin steel ring in this morning after the opening 1 minutes have been hit to the fall, rebound and then fell again, but the company until around 11 o'clock in the designated website on the announcement of suspension of notice, did not suspend business, which also for the majority of investors criticized, uninformed investors suffered huge losses. On the Panorama Interactive platform, one investor said, "I bought it in the morning, and I've got a quilt because I read your ad, please give me a statement." "The company says," the company in the first time after the discovery of clerical errors to SSE application for temporary suspension, and timely in the noon today issued the "correction and a duplicate notice", to bring you the inconvenience of deeply apologize, the company will improve the quality and accuracy of information disclosure efforts to avoid similar situation. "Whether xingmin rims this error is intentional or unintentional, in the coming Mid-Autumn Festival, the small investors in the xingmin Steel rim was firmly placed a" way. The company's stock price in Wednesday reported a fall of 10.76 yuan. (Panorama net/Chui emblem)