Zhongshan public wholly owned by Chang ' an Futures

Source: Internet
Author: User
Yesterday, Zhongshan Public (000685) suddenly suspended, the company announced that because of major undisclosed matters. This has led to a variety of speculation in the market, where speculation is the most involved in futures matters.  In Sunday, Zhongshan public to 86.4 million yuan for the price of the first Shaanxi Futures company-Chang ' An futures of all equity, following the participation in the Guangdong Securities and Canton agricultural firms, Zhongshan public once again to the financial sector. The high price of Chang ' an Futures May 30, in the futures Company "one to one control" regulatory requirements, the day before the deadline, Zhongshan public Lectra rivals won Changan Futures 100% equity. Earlier, Changan futures has been on the Beijing Property Exchange website "appeared" for one months.  Although so far, Zhongshan public has not made any statement on the matter, but the reporter yesterday confirmed from the company that this matter.  Changan Futures was established in April 1993, is the establishment of one of the earliest futures companies, the current agent of agricultural and sideline products, metals and other domestic futures contract varieties of the transaction, and the stock index futures also involved, Shaanxi period refers to the first single transaction was born in this. It is understood that the final bid for Zhongshan public auction price of 86.4 million yuan, compared to 46.8 million yuan in the listing price, higher than nearly one times. In this regard, the company explained that the management based on the specific circumstances made the decision. However, some insiders believe that, although the existing policy does not approve the establishment of new futures companies, futures "shell resources" has a certain value, but for 30 million of the book Net assets value, 42.28 million yuan to evaluate the value of Changan futures, more than 80 million yuan purchase price is still a little high, at present,  A better futures company's transfer fee is more than 60 million yuan. Involved in the financial "Zhongshan public high prices bid for Changan futures shows its optimistic and potential in the heart."  "People familiar with the situation said that it had already tasted the" sweetness "into the financial sector, first to participate in the securities, and then participate in Guangdong agricultural firm, now again in the future, which for its completion of the financial layout of its own great advantage. In addition, in terms of revenue, "do not do" Zhongshan public indeed from the investment in the financial field to obtain a lucrative profit. Take shares in the 2009 annual report shows that the third largest shareholder, holding 343 million shares, 2009, such as the earnings of the company, including GF Securities to achieve a net profit of 817 million yuan, and if not including the earnings of GF Securities, the company achieved net profit of only 119 million yuan, visible company 85%  The above results are obtained by financial investment. And from this year's quarterly situation, the production and supply of tap water, sewage treatment and commercial real estate for the main business of Zhongshan public financial investment is increasingly dependent. In the quarter, corporate net profits fell by 30.4% from a year earlier.  The explanation is mainly due to the decrease in investment income of the Guangdong Securities and China Sea. Suspension and equity futures not yesterday evening, the public release of Zhongshan, a supplementary bulletin said, because the company has important matters to be verified, in order to avoid abnormal stock price fluctuations, the company special application for suspension, until the relevant matters clear and after the announcement of the card. The announcement denied the relationship between the suspension and the arrival of the futures, and with the shares in Zhongshan common in the spread of another reason version, and Zhongshan Mayor Li Qihong for serious economic misconduct is currently being investigated by the organization. It is rumored that the Tan Qing of Zhongshan Public chairman and chairman of Zhongshan Zhonghui Group is involved in this matter.  Yesterday, the company said to the news that "do not speculate." Tanqingzhong's open resume shows that it has been engaged in financial business, familiar with capital operation, since he served as chairman of Zhongshan Public in 2008, the company has frequently dabbled in the financial sector.

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