June 2006 event review half of the classic household appliance industry – Review
6 E half of the month Classical News:
Zhaohua Group litigation quagmire caught in security
Caught in mire of Zarva Group (000 688) on May 25, announced the "late" in 2005 and 2006, a quarterly report. As the huge litigation, guarantees and occupied capital losses of 1.536 billion yuan in 2005, accounting firm issued a report on the company "can not comment," the Supervisors. As the losses for two consecutive years, shares will be the implementation of the risk of delisting warning.
The end of 2005, the company's external security, amounted to 98,358.7 million, as part of the secured unit into a debt crisis, its main debt have been declared late or early maturity, in addition to a small number of guarantees, the courts have been ruling or determination companies should bear joint and several liability settlement, the company which is expected to a loss of 19,888 million guaranteed. Therefore, the huge security, litigation and funding the company occupied the biggest facing the "three sins", and the resulting debt crisis and credit problems are difficult to recover the company's two "checkpoints."
Gu Chujun
Directors have to make Kelon
Announcements
5 25, said Kelon's board of directors decided to withdraw the first time in 2006 promulgated the provisional shareholders meeting in the "remove Mr. Gu Chujun on the executive director of the motion." As Mr. Liu Congmeng, five former directors of Kelon Electrical previously submitted his resignation, Gu Chujun's resignation will result in the company below the statutory minimum number of board members, so his resignation to the shareholders in the company's new director of the General Assembly take effect after the election.
LCD prices decline
Samsung
Panel
Deficit
Recently, Samsung
Electronic
Company said it expects second quarter of 2006
LCD panel
Prices will fall, and the first quarter of this year, the decrease in the approximately 10%.
Due to extensive demand for LCD panel prices this year will accelerate the speed of recovery, profit will be significantly increased. The first quarter of this year, Samsung Electronics LCD Business profits of 4%, well below last year's fourth quarter profit of 13%.
Sony Blu-ray trick users to take leave
According to the U.S. "
PC
Magazine "website reported that Sony has announced support for Blu-ray standard VAIOAR Series
Notebook
Computer. However, the industry found that in the show its support for Blu-ray features, the Sony is actually using the traditional
DVD
+ R discs.
Sony said, VAIOAR not only be able to play Blu-ray discs, but also supports burning. But the result surprised, VAIOAR is the player is an out and out traditional DVD + R discs.
TCL
Credit Rating: BB, down by the BBB
Xinhua Far East China Ratings today
to TCL Group Co., Ltd. (SZ000100) local currency issuer credit rating cut to BBB BB, rating outlook remains negative.
The downgrade is due to TCL2005 first three quarters of poor performance and loss of expected full-year 2005. Meanwhile, the downgrade also reflects the company's television and
Mobile
Business environment has worsened, causing their structural impact of credit conditions. In addition, the downgrade also reflects the integration of TCL's international business results are poor, lack of international management experience.
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