On the evening of November 20th, the company responded to the report of the newspaper by means of an announcement. Dehao Runda acknowledged that the implementation progress of the five “daily business major contracts†announced in the first quarter of this year was not satisfactory. However, for the performance indicators of MOCVD equipment and high-tech enterprise qualifications, Dehao Runda stated that it was “qualified†and stated that “ The information disclosed in the company's previous period does not need to be corrected or supplemented."
However, according to the latest information from the reporter, Dehao Runda’s clarification announcement has not yet responded strongly to some issues, and there is no explanation for the previous suspicion of suspected violations.
Acknowledging the poor performance of the contract
From January 19 to March 29 this year, Dehao Runda disclosed five “major contracts for daily operationsâ€, with a rough statistics, totaling 1.075 billion yuan. However, the reporter found that except for the sales contract signed by PEAEnergyCo., Ltd. and KANTHaWiChitEnGinEERingCo., LTD. in the “Daily Operation Major Contract†on March 29, the other four are framework agreements.
The above five contracts totaling approximately 1.075 billion yuan were only honored at 59.085 million yuan in the first three quarters of this year.
Dehao Runda responded that “the specific matters in the agreement need to be further clarified in the follow-up formal contract or order, and the formal contract or order is still uncertain.†The company has already carried out the relevant announcement. Risk warning, there is no misrepresentation or misleading investors.
Dehao Runda admitted on the 20th that "the performance of the above contract is not satisfactory, and it is possible that the contracted sales amount cannot be completed within the time agreed in the contract. Investors are advised to pay attention to investment risks."
However, Dehao Runda did not explain why a series of large contracts were announced during the difficult time of the company's private placement.
On February 28, 2012, Dehao Runda announced that it had signed a large order of nearly 400 million yuan with Tianxu Hengyuan. In the announcement, Dehao Runda described it as: “Tianxu Hengyuan is a subsidiary of AVIC. A subsidiary of China Venture Capital, a listed company."
What is embarrassing is that the reporter found that the time when China Huantou officially completed the indirect acquisition of Tianxu Hengyuan was in March 2012. Dehao Runda is suspected of being in violation of the rules.
For this question, Dehao Runda did not respond.
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