Northwest Bearing (000595) released 2010 results notice and unusual fluctuations in stock exchange announcement. Announcements, 2010 to an estimated loss of 120 million yuan or so.
On the stock transaction, the company said, no plans to engage in high-speed rail development and manufacture of bearings,cast bronze the new pagoda Ningxia Petrochemical major shareholders in the next 6 months without a major purchase of the company, replacement or other assets into the plan.
No new major shareholder restructuring plan.
bronze bushing Performance prediction shows that the Northwest bearing 120 million yuan loss for the year 2010 is expected, a loss of about 0.55 yuan per share. Same period last year, the company 119.5 million yuan loss, loss per share of 0.55 yuan.dry bushing According to the company's performance, the company will be led by the recent loss of two consecutive state is the implementation of the company stock delisting risk alerts.
The reasons for changes in performance, northwest bearing, said changes in product mix in 2010 the larger companies,plain bearing the contracts tend to undertake common areas, lack of orders leading products, the company occupied a certain market share,sleeve bushing selling prices to fall more, as well as by raw and auxiliary materials factors such as rising, profit margins smaller, resulting in loss of operating results to continue.
Northwest bearing that company's stock within three consecutive trading days (January 17, 2011 ~ January 19,DU bushing 2011) closing price deviation from the value of the cumulative increase of 20% is abnormal fluctuations in the stock exchange. bushing Verified: the company disclosed preliminary information does not exist need to correct, supplement the Department; by check stock it and other financial website, found, high-speed rail company involved in the relevant bearing rumors. Company hereby Description: The company has yet to carry out high-speed rail development and manufacture of bearings, the company has no plans to engage in high-speed rail development and manufacture of bearings.brass bushing In addition to these rumors, but did not find recent media reports that may or public company stock prices have a greater impact of the undisclosed material information; Mould guide plate Recently the company has business operations and internal and external business environment has not changed significantly.
plastic bushing Sun Heng, by the richest man in Ningxia's good news, Super White, Northwest Bearing (000,595, stock it) in the January 19 announcement, the day will come to a limit, and the deviation in the three trading days cumulative increase of 20%.
This is a what kind of company? Sun Heng, who is super? Northwest bearing what he can give? I believe the investors concerned about the Northwest bearing and I have the same confusion.