Why does the chairman explode frequently? These clues deserve attention.

category:Finance
 Why does the chairman explode frequently? These clues deserve attention.


Sanduo reveals the traces of thunder blasting

First of all, there are many debts, especially the situation that there are a lot of funds on the open account but there are still defaults on debts.

Secondly, there are many pledges, even short-term full-warehouse pledge.

Taking derivative technology as an example, the company announced on March 22 that the controlling shareholder had pledged 91.42% of the shares of listed companies held by the company on March 20, accounting for 21.5% of the total equity of derivative technology, and the pledge was only shown as financing. Next, Tang Jun, the real controller behind the investment, pledged 5.970 million shares directly held on March 26, accounting for 99.9% of its direct shares and 1.54% of the total derivative technology shares.

Another example is ST Tianbao, which has been intensively prosecuted since December last year. On December 16 last year, China Development Bank Dalian Branch launched three lawsuits to claim Tianbaos pre-loan, totaling more than 500 million yuan. Until May 25 this year, Tianbao was also sued by Beijing Bitian Wealth for more than 200 million yuan in arrears. Its a lawsuit.

Attention should also be paid to non-standard annual reports

Looking at these eight listed companies, many of them have appeared non-standard annual reports.

For example, Boxin shares, whose 2018 annual report was issued with qualified audit reports. The internal control of some sales businesses of Boxin Intelligence Tong and Boxin Intelligence Liaison has major defects, which affect the accuracy of the confirmation of business income and business cost, and has been negated. The same is true for companies like ST Tianbao and * ST Kangde. Small details can not be ignored, but more noteworthy is that some small details often warn of explosion. ST Tianbao, for example, amended the companys articles of association on March 21 this year. Article 95 of the terms of office of directors deleted three restrictive contents of directors, namely, (8) in the last three years, it was subjected to administrative punishment by the China Securities Regulatory Commission; (9) in the last three years, it was publicly condemned by the stock exchanges or (3) in the past three years. At least the following notifications and criticisms; (10) No clear concluding comments have been made on the investigation of suspected crimes by judicial organs or by the China Securities Regulatory Commission for suspected violations of laws and regulations. Source: Liu Song_NBJ9949

For example, Boxin shares, whose 2018 annual report was issued with qualified audit reports. The internal control of some sales businesses of Boxin Intelligence Tong and Boxin Intelligence Liaison has major defects, which affect the accuracy of the confirmation of business income and business cost, and has been negated. The same is true for companies like ST Tianbao and * ST Kangde.