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The afternoon of October 11, Zhengzhou, located in the western suburbs of Yuda International Hotels 8th floor conference room packed. Hundreds from across the country Wuliangye Brand operators gathered here, eager to wait Wuliangye give them a "truth." "Following last month Wuliangye deep 'survey doors', we have been through various channels to understand the progress of events, because the rise and fall Wuliangye directly affect our future development and wealth." One of Northeast delegates told reporters. "Not every sugar Wine Wuliangye dealers will have to organize and brand operators attended the meeting. "According to meetings with staff revealed one by one notice of this meeting Wuliangye brands to participate in the purpose not because the" investigation gate "incident Wuliangye season Sell Adverse effects, but also encourage operators to morale, stability and morale of the troops?? They will be directly related to annual sales and profits and taxes Wuliangye objectives successfully. At this meeting, the company's business unit Wuliangye sales executives, brand operators also disclosed plans for future development and strategic adjustment program. The opportunity to initiate an investigation "To initiate an investigation is the best opportunity to solve the problem of history." Wuliangye shares at the meeting, Chairman Don Bridges said. Tang Bridge that this investigation is to regulate the capital market, and the investigation of these incidents took place 10 years ago, when Wuliangye just listed, then the relevant state policies and regulations are not standardized, resulting in the company was Wuliangye Governance is not standardized. "Now it seems that the survey has given Wuliangye caused certain negative impacts, but in the long run, this is a good solution to the problem of the opportunities the company history." A month ago, Wuliangye interim announcement showed the "Company 9, China Securities Regulatory Commission received notice of the investigation, because the company suspected of violating securities laws and regulations, the Commission decided to initiate an investigation." Subsequent media speculation continued over the years the history of the old account turn the table, the event has become more complicated and confusing. Until September 23, the Commission informed of the concerned departments of the progress of the investigation Wuliangye case: preliminary investigation, has found that the alleged existence of three Wuliangye illegal behavior, namely, failure to disclose major securities investment behavior and large investment losses and lead to false financial statements, records; not truthfully disclose major securities investment losses, while the alleged inflated profits; disclosure of business revenue of the data gaps. Commission official said the departments concerned, the behavior of Wuliangye suspected of violating the "Securities Act" Sixth 13: issuers, listed companies to disclose information by law, must be true, accurate, complete, and may not have any false record, misleading statement or material omission of provisions. Tang Bridge to the operators, as early as March this year, Sichuan Province, in charge Financial The leadership has also led the Commission, accompanied by Wuliangye person, wishing to build a Wuliangye two large state-owned listed companies in Sichuan Province, one of the model, so whether it is July the establishment of joint venture initiatives or "initiate an investigation", eventually moving in this target efforts. However, any change will occur at the expense. This process, more than the capital market such as investment fund on behalf of Morgan has been in for the kill, significantly cutting positions, resulting in Wuliangye price shocks, as turn the tide, Tang bridge during this period to foot the 500,000 eating 2 million. At the same time, some of Wuliangye brand operators there have been thinking tremors. Reporters survey participants, including more than half of all operators with Wuliangye was a "survey" incident, and there are some ideas stock shock wave. Jiangsu Province, told reporters that a brand operators, and Wuliangye Cooperation For many years, has been very confident, market and price system is also very mature, however, was being investigated by the media to see the events Wuliangye, the most worried about is the sales policy because the "investigation" incident affect the movement of personnel changes. We are high quality suppliers, our products such as mono ethylene glycol meg , mono ethylene glycol for oversee buyer. To know more, please visits mono ethylene glycol meg.
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