Sanlian company has been suspended for three years, and the lawsuit of Sanlian Group is still unfinished.
*st is increasing. Reporters interviewed today learned that the company announced that the 2009 annual performance is expected to be a loss, after the company has been losing money for two consecutive years.
Sanlian commercial company issued the "risk warning notice on the company's 2009 profit uncertainty" in March 25th. The announcement shows that the key factor affecting whether the three companies are suspending the listing is a dispute with Societe Generale. At the end of 2006, the Ji'nan branch of Xingye Bank issued 40 million yuan mortgage to the Sanlian household electrical distribution center Co., Ltd., which was a $40 million commercial acceptance bill issued by the listed company. In April 7th, the *st Sanlian received a letter from the Shandong securities regulatory bureau, which corrected the corresponding losses caused by the case of the Xingye Bank, and the losses were accounted for in 2009. In the case of Societe Generale Bank, the *st triad was executed at 41 million 422 thousand and 600 yuan, and the company expects its 2009 annual performance to be a loss. The announcement said the company will release its 2009 earnings by the end of April. Within the next 15 trading days, the Shanghai Stock Exchange will decide whether to suspend the listing.
yesterday, the *st triad also issued a announcement that the small shareholders of the company complained of new progress in the case of the infringement of the exclusive rights of the trademark of the major shareholders of the company. The triad group has appealed to the Supreme People's court against the ruling that Shandong provincial high court dismissed the objection of jurisdiction. In December 2009, the case of *st triad small shareholders complained of the infringement of the exclusive right of the trademark of the major shareholders of the company was accepted by the high people's Court of Shandong province. The case was failed due to the objection to the jurisdiction of the triplet group of the defendant. In March 2010, the Shandong Provincial High Court ruled that the jurisdiction objection proposed by the Sanlian Group was rejected.