Hua Ding Nylon Announced First Half Results Notice

Hua Ding nylon (601113) the first half of 2012 was released on July 22nd evening. After preliminary calculation by the company's financial department, it is estimated that the net profit attributable to shareholders of Listed Companies in the first half of 2012 is 65% - 75% lower than that of the same period last year.

The announcement said that during the reporting period, due to the domestic and international economic situation, the downstream customers' demand was insufficient, resulting in a sharp decline in the prices of finished products, and the gross margin of products was compressed.

Hua Ding nylon company is approved by the Ministry of Commerce on the approval of the approval of Yiwu huting nylon Co., Ltd. (Companies Limited by Shares with Foreign Investment [2008]38).

Huat nylon company's business scope includes the production and sale of nylon fiber and differential chemical fiber. (involving permits or special approvals with valid documents)

Although not a formal Chinese newspaper, the decline in performance over the same period of 65% or more allowed the holding of the shares. Investment Mr. Sun was surprised. After removing power in June 5th, Mr. Sun was in the warehouse of 5.35 yuan, and Hua Ding nylon (601113).

Hua Ding nylon announced today that the company expects net profit in the first half of this year to fall by 65%-75% compared with the same period last year. In the same period last year, the company achieved a net profit of 102 million yuan. The company said that during the reporting period, due to the domestic and international economic situation, the demand for downstream customers was insufficient, resulting in a sharp decline in the prices of finished products and the compression of gross margin space.

The two grade market seems to have already smelled the taste of the decline in the performance of Hua Ding nylon, which has been running in the down channel since the stock ex dividend. In July 16th, the stock market also hit a new low of 3.99 yuan. In fact, as early as June, the purchase of assets at a premium, Hua Ding nylon has been questioned by shareholders. In June 27th, Hua Ding nylon issued a notice that its controlling shareholder, the tripod group and the actual controller, and its spouses held 100% stake in Hang Ding nylon, and the transfer price of the proposed target was set at 89 million 873 thousand and 500 yuan. After the announcement, the company's share price fell 4.05% on that day. At that time, analysts believed that the profits of the assets purchased by Hua Ding nylon were worrying, and whether the future improvement could not be improved was uncertain. At the same time, Mr. Sun also worried that the implementation of the plan would drag down the company's performance.

What is worth mentioning is that among the ten largest tradable shareholders, there were 7 in the fourth quarter of 2011. fund Although the latest positions were held at the end of March this year, 5 funds, including the new trend in Central Europe, Huabao Xingye, Huaan dynamics, Huaan industry and Huaan innovation, have opted out.