Gem Will Appear The First Delisting Company

< < p > 2013 annual report has ended, the reporter statistics found that along with the macroeconomic downturn, some of the poorer texture of the "makeup" has gradually faded: the 20 < a href= "http://www.91se91.com/news/index_s.asp" > gem < /a > the company has seen a loss, and its Tianlong photoelectric and other three companies have been losing money for two consecutive years, and become the object of market concern.

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< p > "the 20 loss making enterprises can not represent the losses of the strategic emerging industries of the gem, but show the challenges that the emerging industries are facing at the initial stage."

In view of the risk of declining performance of GEM companies, an investment adviser of Western Securities said that although the gem has gathered a large number of high-tech enterprises, high-tech enterprises are not necessarily high growth enterprises.

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Take P as an example. Since the company lost 510 million yuan in 2012, it continued to lose money in 2013, making it the first two consecutive years of loss making gem enterprises, and was specially treated with delisting risk warning.

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< p > "the company is facing great difficulties at present, but there are also opportunities."

Mei Fang, chief financial officer of Tianlong optoelectronics, said that the photovoltaic industry has been warming up in 2014, and the sapphire industry is also continuing to heat up. The company will seize these opportunities to do well in order and sales of photovoltaic and sapphire furnaces.

At the same time, Lv Song, deputy general manager of the company, also said that the company plans to achieve 150 million yuan of agricultural machinery sales this year, and the market prospect is better.

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"P", but Tianlong photoelectric, which is in urgent need of turning losses into profits, did not start smoothly in 2014.

A quarterly report released by the company in April 26th showed that in 2014 1-3, the net profit of the company lost 5 million 12 thousand and 900 yuan again, down 52.84% from the same period last year.

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< p > in fact, from the first quarter of this year, the gem "high growth" aura is gradually weakening.

Statistics show that as of April 29th, 379 GEM listed companies, a quarterly decline in the performance of 133, accounting for 35%; 20 companies attributable to shareholders of listed companies net profit fell more than 100% over the same period.

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< p > < < a href= > http://www.91se91.com/news/index_cj.asp > > IPO > /a > opening soon, expansion will make gem no longer scarce; in June, A shares will be included in MSCI index, blue chip will be favored by overseas investors; after Shanghai and Hong Kong's start up, several times price earnings ratio of Hong Kong stock market will make the bubble of the A share market continue to burst, and many stock prices are expected to be cut.

Beijing a brokerage investment bank analysts said.

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< p > Wang Jianhui, general manager of the securities research and development department, also said that some GEM listed companies are really bad, making gem become a place to cash in cash. The phenomenon of executive reduction highlights that the listing financing has not been used for new economic development, but only creates value for shareholders.

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< p > however, it is not possible to negate its basic value in the short term of the gem.

Shenzhen Stock Exchange recently released the Shenzhen Stock Exchange multi-level capital market listed companies 2013 annual report analysis report that the gem will continue to be a barometer of the new economy.

According to the report, in 2013, the proportion of gem strategic emerging industries and the average R & D investment accounted for three of the total revenue, and the average R & D intensity of GEM companies reached 7.76%.

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< < p > > in order to curb speculative speculation, < a href= "http://www.91se91.com/news/index_cj.asp > > SFC < /a > in March 21st this year issued a draft for the revision of gem rules, emphasizing that the gem will strictly implement the delisting system. Once a listed company triggers a delisting clause, it will resolutely and quickly withdraw from the market, do not allow backdoor listing, clear market expectations, and protect the legitimate rights and interests of investors.

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