The High Tech Man Is Bold And &Nbsp; The Car Is Buying Three Friends From Jiangsu.

A shares 20 years of fraud

The word "sudden" is used to describe buying behavior because two friends in Jiangsu are famous in the industry.

There were also media reports in detail. Statistics show that Jiangsu's three friends have gone through a rather "easy" 6 year fraud path, of which at least 13 legal documents are suspected of fraud and false statements.

Ironically, in 2006, the company was also named "excellent listed company of information disclosure".

Earliest

In addition, from the first semi annual report published in August 18, 2005, the semi annual and annual reports mentioned in the past half year, when referring to the actual controller of the company, all stated that it was associated with the company, which is obviously a false statement.

For example, in the schematic diagram of the property rights and control relationship between the company and the actual controller in the twelfth page of 2008 annual report, the joint stock company holds 82.90% of the friendship industry.

In 2009, half a year ago, Ninth pages were still written: "by the end of the reporting period, the controlling shareholders and actual controllers of the company have not changed. They are still Nantong friendship and Nantong Textile Industry Association."

It was not until this year that a report on changes in interests made the secret of Jiangsu's three friends changed.

After being publicly condemned by the Shenzhen Stock Exchange, the three friends of Jiangsu publicly apologized in July 2nd.

The social security fund has been launched.

In fact, before the management buyout incident was not broken, the social security fund, known for its prudent investment, also rushed into the ranks of the top ten tradable shareholders of Jiangsu three friends. In the first quarter, the social security fund's 603 combination bought 1 million 500 thousand shares and became the eighth largest circulation shareholder.

At that time, some market participants said that the reason why the social security fund bought the problem stocks or that the previous flaws had little impact on the fundamentals of the company, and valued the current unique themes of these companies.

For example, a subsidiary of Jiangsu Sanyou is working with National University of Defense Technology and has certain concept of military industry.

But the semi annual report shows that the social security fund has withdrawn from the top ten shareholders of circulation.

In the first half of the year, Jiangsu three friends achieved a business income of 185 million yuan, a net profit attributable to the parent company 5 million 255 thousand and 600 yuan, a basic earnings per share of 0.032 yuan, and a net asset of 1.91 yuan per share.

The company expects net profit attributable to shareholders of Listed Companies in 2010 1-9 increased by 0% to 30% over the same period last year.

The industry said that Jiangsu three friends belong to the textile and clothing sector.

Trend indicators show that the stock is in an upward trend.

Short term stock prices are strong.

Yesterday, the stock closed at 9.59 yuan, up 2.35%.