Ground on the shares performance " fade" after another investigation _ News Channel _ net _ Chinese accounting perspective needed to accountants - CPA | Certified Tax | Accounting titles | Senior Accountant | Accounting practitioners

Evening, its announcement announced that it was received The warning letter issued by the Securities and Futures Commission, due to 2016 by the net A loss of 427 million yuan, with the previous performance notice 47 million yuan -54 million yuan compared to shrinking significantly, not within the prescribed period of 2016 performance notice and performance express notice to amend, in violation of the relevant letter Phi regulations. , Shares on the ground and the company real control Bright because of the letter on the illegal regulations were both on file for investigation. "We received a warning letter, but do not involve financial penalties," " Afternoon, shares on the ground A staff member of the Department said that it had also stressed that it had not yet received concluding observations from the company and the actual person on file. One after another encounter letter Phi "red card" warning, from the shares on 2016 in the performance of substantial "face". Back in 2016 three quarterly, shares on the ground given the 2016 annual profit of 47 million yuan -54 million forecast. this year , It is still optimistic that 2016 is expected 47.87 million yuan. But to the time , Which issued the "2016 Annual Express Announcement" and "on the provision." Prepared the announcement ", claiming 2016 cost $ 2 billion of Longwen Education Technology Co., Ltd. due to performance Not compliance, will be 420 million yuan Impairment, resulting in a loss of 396 million yuan in 2016, net profit changes fell 2010.05% year on year. this year , Shares on the shares finally disclosed in 2016 by the audit , Net profit has become a loss of 427 million yuan. On the same day, the indirect acquisition Seven The 100% equity interest in the Secondary School was struck, resulting from the receipt of the relevant "Termination Agreement" discussion paper issued by the counterparty. twenty one Reported that the reporter found that in the process, the shares on the shares experienced a "roller coaster", from November 2016 11 yuan fell sharply to 2017 Resumption of trading limit to 8.14 yuan. Together with the company to accept the investigation is the original chairman Li Xuliang. According to the semi-annual report of 2017, its direct holding of 5.81% of the shares, also through the holding On ground Co., Ltd. indirectly holding 16.79%, is the actual company people. , In the current chairman Chen Yonghong, Deng Junhong, Ju attended Who apologized to the meeting, part-time chairman, general manager, director of the three positions of Chen Yonghong for the letter Phi problem said, "the company will take this as a guarantee, no longer a similar problem." Although the conclusion of the investigation is not clear, but a reluctant to disclose the name of Shanghai lawyers told the 21st century economic report reporter, Of the investigation results, when the results announced when the complexity of the case to see the case, then six months, slow cases 1-2 years do not necessarily have the results, it is estimated that the company should face the minority shareholders of litigation compensation. "However, from the ground on the profit of 20.74 million yuan in 2015, the delisting of the possibility is not, after all, but also take into account the interests of small and medium shareholders demands." The lawyer also said. Qin shares on the face of "trouble" far more than these. Its Disclosure of a notice of progress in progress, which was received in May 2014 The administrative punishment decision of the CSRC involves 84 cases of civil cases, the total amount of which is 17.3749 million yuan. At present, the Guangdong Provincial Higher People's Court has 37 cases of which the final verdict, Qin shares on the total compensation of 11,372,800 yuan, in addition to litigation 17.71 million yuan; two cases of civil mediation total compensation of 208,900 yuan, total commitment to litigation costs 05,200 yuan (has been paid). In addition, 45 cases are still in the process of litigation. In addition to the letter of the problem is frequent loopholes, shares on the ground off the semiconductor business, cross-border education is still "foggy". Announcement shows that the shares on the ground to prepare for the sale of 2016 revenue of 778 million yuan, accounting for up to 92.4% (2016 total revenue of $ 843 million) of the semiconductor lighting business, cross-border K12 Education The Qin shares on the divestiture of the business explained that the current stage of many enterprises, High, narrow profit margins, the relative excess capacity, there is a fierce price war. But a focus on the LED industry, pointed out that the LED business is mainly to see the company's market development capabilities. From the May 25 suspension so far, nearly 5 months later, Qin Shang shares still no resumption of trading. The announcement shows that it will be at the latest Significant disclosure Plan (or report), now, from this period has been getting closer. September 26 investors apologize at the meeting, investors questioned "after the departure of lighting business is not included , Rely on Long Wen, to support the company's valuation and development of it, "on the shares Director Deng Junhong reply, "the company will continue to deepen in the education industry, in the direction of early childhood education and international schools to increase investment." "The company is ready to buy Aidi, because it involves foreign countries , To do more work, "Qin on the shares of the Securities Affairs Department mentioned that it refers to the shares on the ground to be 2.9 billion acquisition of 100% stake in Aidi International Education. Since 2016, the shares in the education industry frequently launched : 80% stake in the acquisition of Little Red Hat Education Investment Consulting Co., Ltd., to be acquired in batches Bump Education Consulting Co., Ltd., Si Qi Education Consulting Co., Ltd. 100% stake in the business covers K12 training, early childhood education, international education. 2017 semi-annual report shows that its semiconductor lighting business revenue 484 million yuan, an increase of 8.6%, net profit of 28.137 million yuan, down 24.06%; and Guangzhou Longwen business has risen in more than 20 cities in the country nearly 400 Home teaching point, due to different city teaching hours unit price has increased, so that 1 - June to achieve revenue of 380 million yuan, an increase of 15.94%, net profit of 54.023 million yuan, an increase of 63.36%. However, a familiar with the shares on the ground People believe that "shares on the ground although the acquisition of various types of educational assets, but its investment logic is more chaotic," "educational assets Stable, investment is not easy to return in the short term. " Another detail is that the agency's attention to the shares on the ground in April this year, GF Securities gives a "cautious holdings" views.