Changhong and stock market investors, please protect yourself

 Changhong and stock market investors, please protect yourself
2010-2-27 Daily News
Changhong, China's leading household appliances company, a former model, has repeatedly stalled.
Changhong been previously Staff reports inflated real name sales income of 5.0 billion. This is just one of the quagmire, quagmire .1998 Changhong also three in the second half, Changhong excessive accumulation CPT, the CPT received 21 inches of the national market yield about 70% of the orders, spear Yu and return; Ni Runfeng quarter charge of Chinese Americans during rainbow dragon powder APEX company up to more than 400 million U.S. dollars of loan cases, the mayor of Mianyang in the Ni hailed as a national hero when to step down. Another quagmire is the price killer, often launch price of household appliances war.
Changhong white in black, black and white. Although the price war launched by the Chinese household electrical appliance enterprises worsened the competitive environment, allows the appliance once beat foreign brands in China, proud in the domestic market; Changhong's technology breakthrough, LCD is not dominant, but after the strong advance in 2006 plasma, the exposed cut Xiao situation there. Changhong nearly a billion of net assets, the return investors meager financing from the stock market,UGG shoes, the drastic .1999 In 2009, the total amount of twice the degree of 47.5 billion refinancing, refinancing after waving a banner of post-disaster reconstruction mm2009 on April 20, Changhong Group Capital Management NetEase Minister of Finance in an interview with Yang Jun that, for the bearer of hope PDP Changhong reconstruction projects have confidence report, Changhong plans to send 20 billion in secondary market bonds with warrants, the extra financing needs has been the Commission's approval, review by.
for Changhong old account held by some investors that the rainbow is rising Changhong suppress the conspiracy. Changhong area in an emergency statement released by the same not much generosity. In addition to floating in the those who spread false statements on reserves the right to pursue its legal responsibility Vanderbilt who are not a good thing. Changhong van had a history of employees, 1998 and 1999, he served as director of sales at the Hunan CMC. job duties during the occupation was sentenced on suspicion of 7 years, the company lifted its labor relations. The press spokesman that are released from prison since the end of 2007 Vanderbilt, require the company to rights are not necessarily related. Even so, even if the Fan Dezhong character was not very good after his release is a normal citizen, of course, has the right to report, not to mention real names reporting. Vanderbilt are the same lack of common sense, said in an interview, is considering whether Changhong will be in the hands of the financial problems of the detailed reporting material issued Notes to the way the network open, Changhong also need to see the attitude on this issue next. limitation, civil years; and criminal law is different statutory maximum penalty is life imprisonment or the death penalty, statute of limitations period is 20 years. Fande Zhong reported in 1998 the old accounts, time has passed civil reported, the key is in the securities market Refinancing on the threshold is closely related with the accounts and, as a lack of accounting analysis of the average investor, if he did that until today, Changhong, false accounting, then the statute of limitations should begin to run from today, not ten years ago . Therefore, investors still have a right of action, of course, is to draw the findings of the Commission after the Sichuan Province Securities Regulatory Bureau's response was that they did receive the report, is currently being handled according to the procedure, but not to the extent of evidence .
wait. until, like Wuliangye, all the indignation of investors step down eventually become a tool for executives.
the matter was referred to the uproar, the question has never stopped for Changhong. whether the fraud to the regulators The findings have the final say, not by the company proved itself innocent.
I do not count on this incident,Bailey UGG boots, most of the results will be nothing. One reason is the development of China Changhong carrying plasma TV hope that the western industrial clusters of plasma leading enterprises, but also the god of Mianyang City, the investment so large, or break. To China's home appliance industry, to the local economy, employment stability, and often trivialize; reasons Second, as summer grass said,UGGs, though Changhong does involve financial fraud, but this is mainly out of things in 1998, after more than 10 years, Changhong has long been a problem with the accounts will be so clean, so Now even if the investigation does not identify any major problems. should be a rainbow in the past 10 years will be slowly inflated income apportioned amount of the provision for a loss, especially APEX 2005, the U.S. company Changhong fraud the amount of losses out of the day may actually not so much. finally out such a large number is likely that Changhong will cook the books made before the incorporation of which a large part of this income was inflated reasonable disposed of. In other words, can the dragon powder-season event, to step down by Ni Runfeng, Changhong financially and took a big bath, was washed off the worst off.
fact that the huge loss of true 3.7 billion .2004 Changhong 2005 Annual Report of the first half to open a pregnant investors happy: the first half of 2005, the company realized main business income of 7.221 billion yuan, an increase of 39.86%; to achieve a total profit of 230 million yuan, an increase of 200.87%; net profit of 2.16 billion, an increase of 231.35%. Changhong's profitability, but how? the Joint credit in September 2006 made on the short-term financing bills Changhong credit rating analysis, Sichuan Changhong the past three years the average annual decline in the company's total assets 14.01%, average annual rate of 0.76% of total profits. Overall, the general quality of the company's growth.
This is the real tragedy of China's stock market, and we hope the economy tied to several big companies, even if these companies full of holes Because it is the hope of capital investment and reinvestment of only one,cheap UGG boots, investors can only hope blindfolded gap, always has been relentless verbal abuse.
rainbow bar in the Fan Dezhong of abuse, speak for themselves. Legal credible, trusted the money scene. Changhong's investors, please protect yourself. This If all the investors in the securities market similarly given.
Note: The stock market hit is not small. refinancing himself, like a few days ago, the article said, this year's tightening of credit, direct financing to rely on private support. < br> Yunnan drought, the worst since 1951.
Drought affected the scope of China's Yunnan, Guizhou, Sichuan, Tibet, Qinghai, Chongqing, Gansu, Shaanxi, Hubei, Hunan, Guangxi, Hebei, Shanxi, Inner Mongolia, Hainan, and other 15 provinces.
hundred special low water level in Chongqing, gorge reservoir submerged the precious landscape, and then see the light. because blocking the shipping, the husband owned by bombing stones, will disappear forever.
last year, reported: has been largely free of snow. information, analysis of climate change and the Yunnan heavy rainfall and high temperature and drought to extreme weather events to global climate warming, the conclusion that: Yunnan in the late 20th century, emerged after 80 years the warming phenomenon in the late 90's warming to the most obvious. 13 years have occurred since 1986, mild winter, into the 21st century, the high temperature and drought events from 2 to 3 years for a return to 1 to 2 years for a return.
would like to know how desertification caused by the source of the Yangtze River, China will complete it change, in the southern state of drought become?
few years ago, in the Sichuan-Tibet travel, see the mountain road, a large number of stone rolled down a slope without any treatment, smashed trees.
Earth endurance to the limit the.
see any waste of resources just to show off behavior, to despise.
weekend, and coincides with the Lantern Festival. weekend happy. Happy Holidays.