Monday, 25 July 2011

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Chairman Zhang Jisheng investigation? "Triple Group Chairman Zhang Jisheng relevant departments are now under investigation." Recently, rumors inside the capital market and that is widely circulated. Shanghai Jin Shun Securities Investment Institute and Beijing-based consulting firm to many in the business have confirmed this reporter. "Chairman didn't accept any investigation." Aug. 7, the reporter securities trading company to triple confirmation, employees has denied. She said a major shareholder in Sanlian Group and other connected parties through commercial channels, occupied yourrrre able to send funds 2.1554 billion,Louis Vuitton Laptop Sleeve 15 N58036 Fashion Bags Louis Vuitton Bags the corporation for illegal disclosure of knowledge to initiate an investigation with the SFC. But Zhang Jisheng I will be currently in Jinan, triple trading company staff can easily still stay in touch, and when the Commission on its investigation, the Securities Department, secretaries to directorate are not able to know. August 8, triple trading company securities to call the reporter asserted in the afternoon, the firm secretaries to directorate Song Hongqi with Zhang Jisheng phoning. "Information from the public to guage, triple trading company operational independence of the most extremely poor, there is a numerous related transactions. Spot the disclosure to become occupied by non-business major shareholder funds 2.1554 billion, but good 2005 Annual Report, triple trading company for the distribution center purchases amounted to only 251 million yuan, and distribution centers by the end of 2005 triple trading company actually takes up nearly 7 million yuan in cash. This money was developed inside of a 450 million where? and chairman and chairman is Zhang Jisheng triple one individual, person not independent, and Zhang Jisheng with inseparable relationship. "Century Securities retail analyst Lv Lihua business with the reporter said. "Triple trading company's finances are not optimistic. The 2005 annual report, called this once a year turnover of 2 billion yuan of business enterprises, to the books there are actually only 9.44 million yuan deposits, and prepayments as high as 544 million yuan . triple trading company acknowledged in their annual report: the conclusion of 2005, distribution center to the company 410 million yuan a lot more than scheduled delivery of goods, to a certain degree, customize the Louis Vuitton Messager M93225 Fashion Bags Louis Vuitton Bags company's normal operations. On top of that, 2005 triple trading company notes payable at end of year reached 378 million yuan. Annual Report notes that: Inside the notes payable, the opening towards distribution center has 205 million yuan, a lot more than these instruments to make sure bank deposits, fundamentally, will be the distribution Centre want credit to invest in trading companies within the triple. "Lv Lihua said. "Triple trading company loans of 17 million yuan right from the start of 2005 to the end of your 186 million yuan, in 2006 showed the initial quarterly loan amount has risen to 223 million yuan, but in addition continue to keep expand the possible However, earnings are merely 2000-3000 million each year. "Lv Lihua evaluation, indicating that lending will not be into your pockets of the Group on the company's booth inside the shop. Money chain right vicious loop Triple trading company staff, said: "major shareholders of listed companies take up the funds, quite normal. Many of the better operation with the company, maintained around 5% gross margin, is triple the normal level. But on account of record for audit of The misappropriation of funds, earlier times a few months is often a deficit. " "Triple funding chain issues along with the two aspects, one real estate investment macro control is hard to get loans; second, triple the decline of home equipment business." Joint security analysis have remarked that before 2001, triple appliances or with GOME, Suning emulate the Chinese home appliance chain of your top three. However in 2001? Circulation industry increase in 2005, the golden era of appliances for the home, triple Group began a diversification strategy, the business's concentrate on real estate, media, business services, network information industry, tourism, catering industry , along with other industries. Peak, triple interested in in excess of 170 industries, after which compressed into real estate, media, business services, network information industry, tourism, catering industry, five major industry, after which it specializes in real estate property, the media industry. Publicized as outlined by triple Group information known, triple trading company found in Shandong presently has 15 legitimate home business opportunity stores and nearly 100 franchises in 200 stores nationwide and most 200 service stations having a total business area greater than 190,000 square meters, in Jinan 70% business.

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