Xingmin Steel Ring Wu long refers to the hold-up 326 million: It was a clerical error

Source: Internet
Author: User
Keywords Announcement
Commercial newspaper reporter Li Yangfan Chongqing Business News yesterday's a-share market staged a dramatic scene, because the company in the release of the purchase contract notice mistakenly will be the amount of units written more than a "million" word, xingmin steel ring in the opening stage yesterday to sit a lap "roller coaster", within two minutes of its share price will fall from trading to fall.  Although Xingmin Steel rim has admitted the contents of the announcement is wrong, but the industry pointed out that the xingmin steel Ring "Oolong" Bulletin is still a false record of the possibility. Xingmin Steel Rim disclosed in the Tuesday evening "on the signing of the composite Wheel procurement contract announcement", announced the company on September 16 with Trans Texs TIRE,LLC signed the "procurement contract", the company will provide a composite wheel 5,304 pieces, the total amount of 5,160,792,000 U.S. dollars. By contrast, Xingmin RIM's net profit for 2012 was no more than 63 million yuan.  In other words, according to the Xingmin Rim Bulletin, the contract involved a purchase amount equal to 510 times times the company's 2012 net profit.  By this significant "good" stimulation, xingmin steel ring yesterday in the collection stage was actively sought after the funds, 38472 hand trading price directly to the 13.16 yuan/share of the trading position. However, not long, 9:30 Shanghai and Shenzhen Two cities began formal trading, xingmin steel ring 38472 Hand trading price is instantaneous trade, then 1000 hand level of sales continued to emerge, to 9:32 xingmin rims stock prices fell to 10.76 yuan/share of the fall.  Although the Xingmin Steel rim has been opened several times after the plate, but the stock to close the end is still unable to escape the fate of the fall. Xingmin Steel Ring yesterday played a share price bungee jumping, the reason is that it announced the amount of the Contract unit error, Xingmin steel ring yesterday morning emergency temporary suspension and issued a notice said that the Tuesday evening issued by the announcement of the contract amount of the unit is wrong,  The actual contract amount is 516079.2 US dollars instead of 5,160,792,000 dollars, to the above correction to the vast number of investors and information users of the inconvenience, xingmin steel ring "deeply sorry."  According to the Business Report data center statistics, as of the closing, Xingmin steel rim transaction amount of up to 852 million yuan, the highest record since the stock listing, in addition to 488,800 hands to complete the transaction (market value of 526 million yuan), the rest of the xingmin rim trading yesterday 326 million yuan in all the money is stuck. Chongqing Li Yuan law firm a lawyer who is not convenient to be named told the newspaper reporter, the final characterization of the "Oolong" announcement will determine whether investors can recover from the xingmin rim, as the "Oolong" announcement has caused losses to investors, once the SFC finds its false record or misleading statement, Then investors can make claims. GF Securities Investment Adviser Wang Lizai also said, from Xingmin steel ring issued yesterday correction notice, Xingmin steel rim will "Oolong" bulletin event positioning as "clerical error", if this explanation obtained the approval of the regulatory layer, xingmin steel rim bear the possibility of liability is very limited.
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