According to relevant reports, after the suspension of trading of domestic listed company Kangdexin in early July, on July 22nd, Kangdexin shareholders held a minority shareholders' rights protection committee, which was set up mainly to help listed companies make complaints, and the rights protection committee was also set up to protect the rights and interests of most minority shareholders. Although Kangdexin has suspended trading now, the development of the incident has been receiving much attention. Then, why did Kangdexin, whose market value reached 100 billion yuan, suspend trading? At the beginning of July, Kangdexin was exposed to financial data fraud, and the company's 654.38+02 billion asset data were all fraudulent. Speaking of Kangdexin, many people may not be familiar with it, but in the field of new materials, it is a leading enterprise in the industry. The suspension of Kangdexin has brought great influence to China and aroused widespread concern in society.
According to relevant reports, in the past four years, Kangdexin has fabricated sales business, inflated the operating income of enterprises, and fabricated many industries, including the operating costs and income of enterprises, with a total inflated profit of 654.38+0.2 billion yuan. After nine years of listing, my family alone made a net profit of more than 8 billion, which is all fiction. A real enterprise has a negative four-year net profit, that is, an enterprise.
In fact, Kangdexin began to develop new materials as early as 2007. Because of its wide application, the demand for new materials in the domestic market is still relatively high. Data show that in 20 15 years, the demand for new materials in the domestic market reached 16000 tons, but the corresponding output was only 3200 tons. For a time, Kang Dexin won the trust of countless shareholders. Kangdexin's market value reached 300 billion yuan. Later, Yu Zhong, the founder of Kangdexin, invested 50 billion yuan to set up a production line for producing carbon fiber. However, after the completion of the project, it did not achieve the expected benefits, and Kangdexin also went downhill. However, due to the trust of 6,543,800+5,000 shareholders, Kangdexin has been able to develop to this day.
But now Kangdexin has suspended trading and may be delisted at any time. Although the boss, Yu Zhong, has been arrested, it is the majority of small and medium-sized investors who have suffered the most. But the root cause of this incident is that Kang Dexin touched the legal red line. At the same time, part of the reason is that the relevant institutions are not rigorous enough in reviewing the financial data of listed companies, but what really hurts behind it is150,000 shareholders, accompanied by Kang Dexin. Yu Zhong was arrested, Kangde's new headquarters closed, and the last "life-saving straw" and hope of investors were dashed. The trust of investors did not save Kang Dexin in the end. What do you think of this?