The collapse of Wuxi viaduct draws attention to the lying gun of three listed companies

category:Finance
 The collapse of Wuxi viaduct draws attention to the lying gun of three listed companies


By the end of the 11 th session, Sujiaoke shares had a dividend of 8.83 yuan per share, while Zhongjiao Group shares had a slight drop of 11.70 yuan per share, while the unspoken Zhongjiao shares had a 4.70% drop to 19.08 yuan per share.

Rizhao Iron and Steel Denies Undertaking Transportation

Why did a viaduct at a good end collapse suddenly? Wuxi authorities pointed out in the morning of November 11 that there were five vehicles on the overturning bridge deck at the time of the accident, including three cars and two trucks. After preliminary analysis, the overturning of the overpass bridge is caused by the overloading of the transport vehicle.

Local residents noticed that the goods rolled down on the truck involved were hot rolled coils, which were called steel coils by the industry. Securities Times reporters noted that the weight of each coil was 28.54 tons. According to witnesses at the scene, there are six such coils on board. Based on this data, the total weight of steel coil on the vehicle is estimated to be 171 tons.

According to the industry standard of urban bridge construction in China, the maximum allowable design load of the first grade highway is 55 tons. It is understood that the design load of the truck involved is 55 tons. In other words, the trucks involved have exceeded the standard by more than twice.

A person familiar with the situation said that there was a steel city near the site of the accident, and similar overloading occurred frequently in the vicinity of the road. Therefore, it was suspected that the vehicles involved were transporting steel coils to the city. The product information label on the coil shows that the manufacturer of the goods is Rizhao Iron and Steel Holdings Co., Ltd. (hereinafter referred to as Rizhao Iron and Steel) and the production date is September 30, but there is no specific customer information on the label.

According to Tian Eye Check, Rizhao Iron and Steel Co., Ltd. is 100% owned by Du Shuanghua directly and indirectly by Jinghua Nissan Steel Holdings Co., Ltd. (hereinafter referred to as Jinghua Nissan Steel). On October 11, Rizhao Iron and Steel Public Affairs Office staff told the Securities Times E Company that the companys address is close to the port and the steel produced is transported by sea. Whether it is transported to China or abroad, it is basically not transported by road, which is also the cost advantage of the company. At the same time, the staff stressed that the company does not undertake follow-up transport business. At the same time, the staff explained that for the transportation of hot-rolled coil sheets, there is no special industry regulations, it should still be based on the situation of vehicle nuclear load, road speed limit and so on.

It is worth noting that Shandong is the third largest iron and steel Province in China except Hebei and Jiangsu, but most of them are smaller. Rizhao Iron and steel, a private enterprise, and Shandong Iron and steel (600022), a state-owned enterprise, are the two giants in the iron and steel industry of Shandong Province.

Sources show that the goods were shipped from Rizhao Iron and Steel to Suzhou Port by sea through Lanshan Port. Local purchasers contacted the vehicle for short reversal, which has nothing to do with Rizhao Iron and Steel. Securities Times e Company interviewed and learned that the vehicles involved were loaded at Changhong Wharf in Jiangyin, Wuxi, from here to the South nearly 40 kilometers, is the site of the accident.

In July 2007, the website of Wuxi Audit Bureau issued the announcement on the final account audit results of the expansion project of Wuxi section of 312 national highway. The announcement shows that the whole length of Wuxi section of 312 National Highway is 48.44 kilometers, and the whole line is designed according to the first-class highway standard. The expansion project started construction in September 2003, opened to traffic in June 2005, and completed acceptance in November 2005.

It is noteworthy that the announcement discloses that the overall design unit of the extension project of Wuxi section of 312 National Highway is Jiangsu Academy of Transportation Sciences Limited Company, etc. The main supervision units are Jiangsu Kexing Engineering Construction Supervision Limited Company and other supervision units; the main construction units are Wuxi Transportation Engineering Corporation, ASEAN Construction Engineering Limited Company, China Railway Fourteenth Bureau Group Limited Company and other relevant units. u3002 The quality of the project was evaluated as excellent grade by Wuxi Traffic Engineering Quality Supervision Station.

Accordingly, a number of media reports said that the project design unit was Sujiao Branch, and related reports also aroused widespread concern of investors. Late in the night of October 10, Sujiao Branch solely responded to the reporter of Securities Times E Company that the relevant reports were untrue. In a clarification announcement issued at 8 a.m. on November 11, SUJIAOKE stressed that the 312 National Highway Wuxi Section that the company undertook the overall design was not the section where the accident occurred, the design of the accident bridge has nothing to do with the company. After the opening test, Sujiaoke shares eventually turned red, closing at 8.83 yuan per share. According to the Construction Drawing Design obtained by the reporter of Securities Times E Company, the compilation unit of this section is Wuxi Traffic Planning Survey and Design Institute. Tian Eye Check showed that the company was renamed Jiangsu Zhongshi Group Co., Ltd. in March 2015, that is, the listed company Zhongshi Shares (002883). Reporters dialed the companys securities department many times in the morning of 11, and could not get through. While China Central Group (603018) is similar to it because of its abbreviation and lying gun, China Central Group also issued an urgent clarification announcement to clear up the relationship before the opening of the market. By the end of the 11 th session, the share price of CIMC had fallen slightly to 11.70 yuan per share, while the unvoiced share price of CIMC had fallen 4.70 percent to 19.08 yuan per share. Source: Responsible Editor of Securities Times: Yang Qian_NF4425

Accordingly, a number of media reports said that the project design unit was Sujiao Branch, and related reports also aroused widespread concern of investors. Late in the night of October 10, Sujiao Branch solely responded to the reporter of Securities Times E Company that the relevant reports were untrue. In a clarification announcement issued at 8 a.m. on November 11, SUJIAOKE stressed that the 312 National Highway Wuxi Section that the company undertook the overall design was not the section where the accident occurred, the design of the accident bridge has nothing to do with the company. After the opening test, Sujiaoke shares eventually turned red, closing at 8.83 yuan per share.

According to the Construction Drawing Design obtained by the reporter of Securities Times E Company, the compilation unit of this section is Wuxi Traffic Planning Survey and Design Institute. Tian Eye Check showed that the company was renamed Jiangsu Zhongshi Group Co., Ltd. in March 2015, that is, the listed company Zhongshi Shares (002883). Reporters dialed the companys securities department many times in the morning of 11, and could not get through. While China Central Group (603018) is similar to it because of its abbreviation and lying gun, China Central Group also issued an urgent clarification announcement to clear up the relationship before the opening of the market. By the end of the 11 th session, the share price of CIMC had fallen slightly to 11.70 yuan per share, while the unvoiced share price of CIMC had fallen 4.70 percent to 19.08 yuan per share.