The Responsibility Of The Motor Car Accident Is Very High: Many Listed Companies Rely On The General Number Courtyard

The "7. 23" accident has been in the past 5 days, and the excavation of the cause of the accident has finally made new progress.

In July 28th, the director of the Shanghai Railway Bureau, an Lu Sheng, said that the "7. 23" EMU accident was due to serious flaws in the design of the signal equipment of WenZhou South Railway Station. The signal device provider is a research and Design Institute in Beijing.

At the same time, Beijing whole road communication signal research and Design Institute Co., Ltd.

Statistics show that the general hospital was established in 1953.

Since its establishment, the company has applied more than 70 newly developed high and new technologies in the field of Railways and urban rail pit for the first time. It has 34 computer software copyright registration certificates, 30 software product registration certificates, and 6 key national product plan projects.

However, it is precisely such a high speed rail construction "leader", is now on the cusp of public opinion.

It is interesting that when the small brothers in the same industry rushed to go public, China Railway Communication and signaling group (hereinafter referred to as general number group) also launched the listing idea.

However, the general hospital now has trouble.

Once had a glare ring

Beijing road communication signal research and Design Institute was founded in 1953, and its superior unit is China Railway Communication and signal group company, one of China's railway construction giant.

In 2000, the general number group was decoupled from the Ministry of Railways and allocated to the State Council's SASAC.

In December 2010, the group launched a joint venture with China National Machinery Industry Corporation, China Cheng Tong Holding Group Limited, China National New holding limited liability company, and Sino Jin Jia Cheng Cci Capital Ltd jointly establishing the China railway communication signal Limited by Share Ltd (hereinafter referred to as general shares).

According to the information provided by China's general network, the general hospital has been classified.

As a controlling shareholder of general shares, the general hospital has a number of Grade A qualifications, such as computer information system integration enterprise qualification and engineering cost consultation. It is the first batch of high-tech enterprises in Beijing, and is the top 100 national engineering survey and design enterprise.

According to the official website of the general hospital, the general hospital has a brilliant aura in railway construction.

Since 1953, more than 70 newly developed high and new technologies have been applied to railways and urban rail pit for the first time in the general hospital. They have 34 computer software copyright registration certificates, 30 software product registration certificates, 6 key national product plan projects, 44 authorized patents, 11 invention patents, and 33 utility models.

Products are widely used in domestic railway lines.

According to the brilliant science and technology prospectus, the main sales products of the general hospital are computer interlocking system and ZPW-2000A automatic block system. The products that have obtained the certificate of production enterprise include computer interlocking system, automatic block system, vehicle dispatching and command system, and signal microcomputer monitoring system.

Daily economic news (micro-blog) reporter noted that the general hospital

According to the official data of the general hospital, the company has undertaken the construction task of the national high-speed railway communication signal system integration, and has completed the construction project of the train control system for the high-speed passenger dedicated railway line 250km to 350km at the speed of Beijing, Tianjin, Wuhan, Hefei, Shitai and Wenfu. It is launching the construction of the train control system for Shanghai high speed railway, Shanghai Hangzhou, Beijing Shanghai, hada, Guangzhou Zhuhai, Guangzhou Shenzhen Hong Kong and other high speed passenger dedicated lines.

The automatic control system (CIPS) of the large-scale marshalling yard with independent intellectual property rights has been developed and successfully implemented by the Institute, and has been put into use in northern Chengdu, Guiyang and Wuhan.

The Institute also undertook the system engineering design project of communication, signal, integrated monitoring and AFC in more than 10 urban rail pit at home and abroad.

With the promotion of the internationalization strategy, the Tong Hao hospital is stepping out of the country and has implemented the international projects such as Mecca light rail, Saudi high-speed rail, Iran Tehran subway, Tanzania Zambia railway, Nigeria railway, North Korea Pyongyang subway and so on.

Listing or pushing back

According to the state owned assets supervision and Administration Commission's annual report on the operation of the state-owned assets of the central enterprises, the total operating income and profit of the group 2007~2009 were 4 billion 890 million yuan and 530 million yuan respectively, 6 billion 210 million yuan and 570 million yuan, 8 billion 40 million yuan and 890 million yuan respectively.

In addition, it was also reported that in 2010, the total revenue and profit of Tong Hao group reached 12 billion 50 million yuan and 1 billion 260 million yuan respectively.

In December 2010, the Tong Hao group launched the general shares.

This move is considered to be the most critical step in the overall listing of the group.

Statistics show that the total number of shares has inherited all the backbone enterprises, qualification and main business of China Railway Communication and signal group, with a registered capital of up to 4 billion 500 million yuan. After reorganization, the assets and personnel of the joint stock company have exceeded 98% of the total assets and personnel of the group. It has the complete industrial chain of railway, urban rail pit communication signal system integration, R & D design, equipment manufacturing and construction operation and maintenance. It is a Chinese railway communication signal system standard, wholly owned, holding, share holding and joint venture 25, and has 5 overseas, urban rail pit, communication information, infrastructure, engineering and so on.

However, no matter how brilliant the history of a company is and how well its performance is, if the problems of product quality are exposed before listing, it is bound to bring more obstacles to its listing.

As a wholly-owned subsidiary of general shares, the signal equipment of the general hospital is seriously defective.

Although the specific cause of the accident has not yet been announced, if the general hospital product

According to the provisions of the Shenzhen Stock Exchange, the issuer shall not have the following circumstances: in the recent 36 months, he violated business, taxation, land and other laws and administrative regulations, and was subjected to administrative penalties, and the circumstances were serious.

Of course, there are also market analysts pointed out that even if the general hospital is not subject to the relevant penalties, and as long as the general hospital in the "7. 23" accident responsibility is real, the listing application of its parent company will also face the market's censure and difficult to make it.

As the only party responsible for the "7. 23" accident, there is still a small episode in the general hospital.

Yesterday, the "daily economic news" reporter visited the official website of the general number court suddenly found that around 14:40, the official website of the general number courtyard was suddenly attacked by hackers. The web page first appeared a few paragraphs expressing "anger", and then the website could not be opened.

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Related companies /

3, the company clarified the announcement doubtful: at first, "everything is up to date" now "I have nothing to do with".

The daily economic news reporter analysed the prospectus of relevant listed companies to provide railway signal communication system, safety monitoring system and disaster prevention and safety monitoring system to the Ningbo Wenzhou special railway line, and found that the products of these companies can make railway traffic safety "impregnable" and should be enough to ensure the safety of motor vehicle operation.

However, what causes the three insurance of train dispatching, signalling system and train control system to fail one after another?

Can the relevant listed companies as the providers of these products escape the responsibility?

Century Riel: can products monitor signals?

Century Riel (300150, closing price of 26.52 yuan) in a recent Clarification Announcement, said: "the Wenzhou motor car accident occurred on the Ningbo Taizhou Wenzhou passenger dedicated line, the company provides the railway communication monitoring system and the railway integrated video surveillance system for the Yongtai Wenzhou passenger dedicated line two products."

According to the description in the prospectus, the railway communication monitoring system: "completely independent of the monitored equipment, has a higher safety and reliability level than the monitored object, and the failure of the monitored object will not affect the normal operation of the system, and the failure of the system will not affect the monitoring object."

And the system can realize centralized monitoring of communication equipment, environment and lines along the railway line.

It achieves the purpose of telemetry, remote control, remote trust and remote vision.

According to the above description, it is not difficult to infer that, according to what the company calls the "railway communication monitoring system" has been operating normally, as a system that can monitor the communication equipment, environment and line lights along the railway line, the system should know the operation condition of the front train, and should know that the line lamp sent out the wrong signal.

At present, the official statement is that the signal device is defective, and the signal is wrong.

Then, when the signal is wrong, does the century monitor monitor the signal failure for the above monitoring system provided by the accident line?

If the problem is monitored, will it feedback information to the dispatching control center?

Yesterday (July 28th), the daily economic news reporter telephoned century Ruier, a staff member of the company's Securities Department said: "the company's products are mainly responsible for monitoring the operation of the equipment in the railway communication room, which is irrelevant to the accident".

Brilliant technology: can black box be forewarned?

The provider of the black box of the accident motor car

Brilliant technology (002296, closing price 26 yuan)

A clarification notice has also been issued.

The company said its products had nothing to do with the accident.

The reason is that only the railway signal centralized monitoring system (the original railway signal microcomputer monitoring system) is equipped in the company's product line, which is an important driving device for ensuring the safety of the station and strengthening the management of the signal equipment integration department. It is called the "black box" of the electric power system.

In people's traditional concept, the black box is only used to record the main operation parameters for experiment or accident analysis.

However, the company's prospectus is far from simple enough to describe the railway's "black box".

Brilliant technology makes a description of the railway signal microcomputer monitoring system in the prospectus: "railway signal monitoring by combining electronic detection technology, computer hardware and software technology and network communication technology, collecting track voltage reflecting the working condition of track circuit, switching action current reflecting the working state of turnout switch machine, reflecting the turnout notch of the turnout being pushed to the specified position, the state of various display units on the console, and so on. If it is found that the parameters exceed the normal range, the alarm information can be sent to the relevant departments timely through the network communication, and the management department can immediately send technicians to deal with the faults so as to prevent accidents.

It is not difficult to see that the railway signal microcomputer monitoring system provided by the brilliant technology for Yongwen line is not a "black box" that records traffic information in a simple sense, but a set of equipment that combines "alarm" and "prevention of accidents".

Then, when the signal failed, did the black box detect the status of the display units on the console in time?

If it is detected, does it send alarm information to the departments concerned at the first time?

If the answer is negative, the warning and warning function of the black box will be described falsely or even falsely.

Yesterday, reporters also called brilliant technology, but investors line has never been answered.

Good news Feihong: do you use the dispatch communication?

To provide command and dispatch communication system and emergency rescue command communication system for this accident route, it is Jia Hong Fei Hong (300213, closing price of 18.80 yuan).

In the company's Clarification Announcement, the company said its dispatching communication system was used to pfer voice scheduling commands; emergency rescue command communication system was used to pmit command and communication information when handling emergencies, and did not participate in train operation control.

According to the company's prospectus, "the current command and dispatch system has evolved from the original voice scheduling command equipment to the current multimedia network command and dispatch platform, which integrates information collection, information processing, information pmission, instruction issuing and automatic control."

The company's integrated command and scheduling platform products support fixed, mobile, wired, wireless and other access modes, and can be interconnected with GSM, CDMA, 3G, wireless cluster and radio.

It can not only serve routine dispatching operations, but also meet the needs of emergency command. "

It can be seen that the command and dispatch system of Jia Xing Fei Hong can not only be compatible with various voice access methods, but also can access real-time dynamic information captured by the front end information acquisition device.

Then, when D301 stopped at YongJia Railway Station, D3115 stayed in the YongJia Railway Station for up to half an hour. When the D301 that should have walked in front of D3115 walked behind, did the dispatch communication system of Jia Hsin Fei fly find out the situation in such a long time?

Has played the role of communication, communication and scheduling?

Why is the dispatch system of Jia Xing Fei hung not able to stop the accident?

In addition, when the accident happened, did the emergency rescue command communication system of Jia Xin Fei play the role of emergency rescue?

Why do we have such advanced technology, and there will be a series of problems in the rescue process after the accident?

Yesterday, the "daily economic news" reporter called Jia hung Fei hung, the phone has never been answered.

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Brilliant technology is a blessing in disguise?

Because brilliant technology provides railway signal centralized monitoring system for accident lines, it is possible for companies to identify responsibilities.

However, on the other hand, if the general hospital is identified as the responsible party responsible for the accident, the qualification and operation of the general hospital will be affected. The brilliant technology of the competitor is expected to take advantage of the original market share of the general hospital.

Through the prospectus of brilliant technology, we can see that there are four aspects of competition between brilliant technology and general hospital.

Microcomputer monitoring system for railway signal: the main competitive relationships of the company are the Institute of communication and signal research of the Academy of Railway Science, the general number courtyard and Kasco signal Co., Ltd.

Train dispatching and command system (CTC system): there are competitive relations in the company, such as the Institute of communication and signal research, the general hospital, and the C & C signal Co., Ltd.

Decentralized self regulatory CTC system: the company has competitive relations with the Institute of communication and signal research of the Academy of Railway Science, general number hospital, Beijing Jiaotong University micro union Technology Co., Ltd.

Among them, Kasco signal Co., Ltd. has great advantages and brilliant technology.

Computer interlocking system: the company has a competitive relationship with the Institute of communication and signal research of the Academy of Railway Sciences, Kasco signal Co., Ltd.

Among them, the Institute of communication and signal research of the Academy of Railway Sciences, the general number hospital and the Beijing Jiaotong University micro union company have certain advantages.

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Market impact / market impact

The "no flow" cooperation company is not easy.

At present, as the first responsible person for the "7.23" motor vehicle accident, the general shares or general number group of the general number hospital will also be involved.

As a key designer and contractor in China's railway construction industry, the general number hospital and general number group have cooperative relations with many listed companies, including the "star shares" of many high-speed rail concepts such as Ding Han Technology and century Riel.

With the further confirmation of the responsibility of the "7.23" high-speed rail accident, the listed companies will not be happy if the general hospital is "not easy".

Top customers of Ding Han Technology

The daily economic news reporter, after consulting a lot of information, found that the total number of general hospital and general number group, whether in the top five big clients, important contracts or accounts receivable items, have repeatedly related the performance of the listed companies. Among them, Ding Han Technology (300011, closing price 23.82 yuan) is the most typical.

The 2010 annual report revealed that the integrated communications between the Beijing and Shanghai high speed rail systems is the first largest customer of Ding Han Technology revenue, with an income amounting to 45 million 767 thousand and 900 yuan, accounting for 15.50% of the company's total revenue.

In those days, Ding Han Technology won the signal power project of Beijing Shanghai passenger dedicated line, signed a contract with the integrated communication and signaling project division of Beijing Shanghai high speed rail system of China Railway Communication and signal group company, and has executed 34 million 32 thousand yuan, and has not yet executed 55 million 889 thousand and 200 yuan.

In the same period, the total number hospital is the fifth largest customer, accounting for 6.03% of the company's total revenue by 17 million 806 thousand and 500 yuan.

In the 2009 annual report, the four power integration project manager department of the Wuhan Guangzhou passenger dedicated line under the Tong Hao group is the first largest customer of Ding Han technology, and its operating income accounts for 25.06%.

Continuing to trace back, the prospectus of Ding Han technology shows that in 2008 and 2007, the revenue from the general hospital was 17 million 804 thousand and 200 yuan and 21 million 526 thousand and 500 yuan respectively, accounting for 16.55% and 25.70% of the total revenue of Ding Han technology respectively, ranking second and the largest customers of the year respectively.

It is worth noting that the first customer of Ding Han Technology in 2008 is not the others, but is the group controlling shareholder of the general hospital. In 2008, the total revenue from the Tong Hao group reached 22 million 741 thousand yuan, accounting for 21.13% of the revenue.

As of June 30, 2009, there were two single contracts between Ding Han Technology and general number hospital, with the sum of 12 million 480 thousand yuan and 838 thousand and 400 euros respectively.

In 2009 1~6 month, Ding Han technology came from the four electric integration project Department of the Tong Hao group, Wuhan Guangzhou passenger dedicated line, with a sales revenue of up to 54 million 252 thousand and 700 yuan, accounting for 61.78% of the revenue.

Many listed companies rely on the general hospital.

In addition to Ding Han technology, other railway equipment listed companies also rely more on the general hospital in business.

Century Riel (300150, closing price of 26.52 yuan), 2008~2010, the company from the general hospital income is 18 million 764 thousand and 700 yuan, 20 million 650 thousand and 500 yuan, 24 million 862 thousand and 900 yuan, accounting for 20.46% of the company's revenue, 13.23%, 10.62%, respectively, second, second, the first major customers.

The gross profit contribution to gross profit in the current period is 26.08%, 12.27% and 18.46% respectively (up to September 2010).

The group's support for century rier is not bad.

In 2008, the above two data were 5 million 812 thousand yuan and 17.24% respectively.

In 2010, the integrated communications and signal project division of the Beijing Shanghai high speed rail system of the general number group provided 17 million 164 thousand and 100 yuan for century rier, accounting for 7.33% of the revenue of century rier.

In 2006, the "National Science and technology support program task document" signed by century Riel and general hospital and other units jointly developed and studied the national science and technology support project "Research on comprehensive safety monitoring system for Qinghai Tibet Railway".

In May 18, 2010, century Riel signed a contract with the general communication group of Beijing Shanghai high speed railway system to sign the "new Beijing Shanghai High Speed Railway four electric system integrated communication signal special equipment procurement contract", with the total contract price of RMB 7 million 860 thousand and 712 yuan.

In 2009 and 2010, two contracts were signed between Shanghai and Hangzhou, and the amount of more than 68 million yuan.

Good news Feihong (300213, closing price of 18.80 yuan)

Prospectus shows that as of September 30, 2010, the company accounts receivable balance of the top 10 customers, the total number of 8 million 973 thousand and 100 yuan, accounting for 6.89%, ranking first.

At present, the further handling measures for the "7. 23" accident have not yet been released, and the degree to which the general number group and the general number hospital are not affected is estimated. This is also a shadow for the performance and prospects of the listed companies concerned.