Client of new classics abb is carried in on May 31 report (Luo Kun) recently, pacific Ocean negotiable securities releases announcement to say, the near future involves litigant amount capital to had exceeded 1 billion yuan, the creditor's rights that the company already involved to partial case plan carry asset to decrease a value to prepare aggregate RMB 235 million yuan, aggregate reduce profit of 2018 year net profit to make an appointment with 176 million yuan.
In fact, be not Pacific Ocean negotiable securities because of what lawsuit pesters a body and your outstanding achievement is damaged. End of client of new classics abb combs public information to discover in, in recent years, contentious case centers certificate business in stock impawn to counter-purchase more, the respect such as dispute of two be in harmony.
Stock impawn counter-purchases dispute to become heavy disaster area
2018, market concussion be issued to lower levels, many company share price steep fall all the way allow large stockholder people defect explodes into stock impawn storehouse the crisis, certificate business also subsequently " lie gun " .
It is early before two months, another experience of Pacific Ocean negotiable securities accuses announcement shows, capital of amount of record of experience of the accumulative total inside nearly 12 months exceeds company and subsidiary 2 billion yuan, the creditor's rights that the company already involved to partial case plan carry asset to decrease a value to prepare aggregate RMB 489 million yuan, aggregate reduce profit of 2018 year net profit to make an appointment with 367 million yuan. Combine two announcement to look, amount of record of the experience inside nearly one year exceeds Pacific Ocean negotiable securities 3 billion yuan.
In the meantime, pacific Ocean negotiable securities says in announcement, because stock impawn type is counter-purchased,trade the negotiable securities that business causes counter-purchases contract dispute desk, the accused / the negotiable securities of mark of the some that be held by the applicant already impawn gives a company, partial case company already applied for belongings to conserve to the court. In view of the case have not careful knot, lawsuit (arbitral) item is right company this period profit or period hind the influence of short duration of profit cannot predict.
Nevertheless, impawn of stock stepping on thunder is counter-purchased bringing about outstanding achievement to be damaged is final issue however. From what certificate business announces the newspaper looked 2018, pacific Ocean negotiable securities is exclusive 2018 profit of a net appears on the market for what lose certificate business, deficit amounts to 1.322 billion yuan.
Pacific Ocean negotiable securities alludes in company loss reason, suffer field of A stock market to drop considerably, decrease hold a lot of element such as new rule to affect, type of company stock impawn counter-purchases business to appear many stock price falls line of broken smooth storehouse, and financing person cannot pay on schedule accrual and expire the situation that buys a put to an end, the company cannot make the same score a storehouse in time to deal with, asset reduces a cost evidence is clear, the company counter-purchases business to stock impawn type individual event plan carries asset to decrease a value to prepare 959 million yuan, and the profit of net putting in a mother 's charge of negotiable securities of whole 2017 Pacific Ocean also does not cross 116 million yuan.
Besides Pacific Ocean negotiable securities,
Analytic personage points out, certificate business steps on Lei Gu to like that integral big prices owes the reason of beautiful again and again, but the wind of partial certificate business accuses a level to remain to rise apparently.
Zhou Xiaoping of analyst of negotiable securities of the people's livelihood points out, stockjobber gives those who counter-purchase to just participate in corresponding share impawn as be in harmony, ought to cogent the risk that is on guard to just fulfill share of outstanding achievement acceptance to compensate an agreement to may arise because of blending in. Look from the trend, prospective certificate business begins financing kind business, especially when equity impawn counter-purchases business, whether to have good credit risk to prevent the venture that controls ability and support of taller net capital to fall to bear ability, direct report financing kind the core competition actual strength of business.
Frequency of risk of business of two be in harmony is sent
Counter-purchase with equity impawn same, business of certificate of financing be in harmony often is in the market is small the risk is exposed when confusing. Late on April 17, galactic negotiable securities released experience of the 3rd two be in harmony inside year to appeal to announcement, because of,say investor beak a contract of business of two be in harmony, the company tells client and security the court, capital of financing of claim for compensation, accrual, punish breath sixty-four million five hundred and sixty-seven thousand six hundred yuan. Two experience before adding this appeal to announcement, amount of claim for compensation of galactic negotiable securities is total it is 180 million yuan about.
Many certificate business announce the near future plan in carrying asset to decrease value announcement, all mention the influence of business of two be in harmony.
Annual plan carried Founder negotiable securities 2018 amount 470 million yuan, among them be in harmony gives capital to turn to achieve 337 million yuan, occupy than nearly 72% , involved individual event plan carry the financing share that reduces a cost to be Nanjing new 100, Shanghai Lai person and happy inspect a net to wait.
Negotiable securities of the Yangtse River plan carry be in harmony to give capital to decrease a value to prepare 29.87 million yuan,
Smooth old negotiable securities gives capital plan to carry about be in harmony reduce a cost 41.94 million yuan, blend in square reimbursement ability because of considering poorer, right whether reclaim the reason such as uncertainty of existence of financing principal and interest, undertake plan carry asset to reduce a cost.
This year in Feburary, card inspect can express, shanghai deep bourse is clutching edit " certificate of financing be in harmony trades executive detailed rules " , plan to cancel " smooth storehouse line " must not under the unified limitation of 130% , hand in by stockjobber basis client financial condition, assure quality quantity and company venture bear ability, with the client own agreement lowest is maintained assure scale. Expand at the same time assure content limits, increase the flexibility that client complement assures further. Card inspect is editing in research " standard of computation of index of stockjobber risk control sets " , plan to relax stockjobber invests component, the rights and interests such as ETF kind scale of computation of preparation of capital of negotiable securities venture, reduce capital to take up, business of further support certificate increases pair of rights and interests kind the long-term configuration strength of asset.
The analysis points out, predict to will solve certificate business capital in certain level after new rule be born redundant problem, be helpful for promoting certificate of be in harmony of two city financing dimensions, promote the market vivid jerk, but to the risk management of certificate business ability raises taller requirement, predicting capital gold is enough and the bibcock certificate business with risk government strong ability is benefited relatively.
Economist Song Qinghui expresses, certificate business is in when beginning professional work of two be in harmony cannot blind to go after dimensions, and ignored the risk to mark of two be in harmony think, otherwise eat one's own bitter fruit. (In APP of new classics abb)