wot power leveling CDT nickel and cobalt with an annual production capacity of 5 - OXX

⊙ Reporter Qiu Jiang Zhao Xiaolin 0 edit listed nearly 4 years of S*ST has been suspended today by the Union at the same time disclosing 2011 annual progress reports, stock risk and stocks may be terminated by notice notice of risk. Report shows that S*ST to Union 2011 achieved operating income of $ 36.8099 million, fell 28.54%; net profitLoss of $ 60.2 million, down 12.75%. This means, S*ST to Union into "fate hanging on by a thread" and the key moments of the race against time, if not completed stock reform and restructuring as soon as possible, will face termination of listing of fate. Losses for three consecutive years from 2004 to 2006, S*ST Union disclosed on April 26, 2007 2006 years suspended trading after the annual report, May 23, 2007 was listed in Shenzhen Stock Exchange notice suspend. Resume listing, S*ST Union seeking to restructure. The latest restructuring from Shaanxi CDT nickel and cobalt metal limited, the assets reorganization intends to inject assets 100% equity in the company. As S*ST to Union successive years of losses wot power leveling, debtShoulder responsibility, non-circulating stock shareholders, restructuring, creditors end determines the company's stock and assets reorganization and combination of debt restructuring, hand in hand. According to the progress of the stock's risk disclosure notice disclosure, is currently the company's restructuring plan has been produced and submitted together with the relevant departments to communicate with the share splitting reform programmes. State Department of environmental protection on November 15, 2011 (Link letter [2011]303) the Chengdu Union friend networking company limited of listed environmental verification letter, agreed in principle to S*ST to Union by listing environmental verification. According to public information, CDT nickel and cobalt with an annual production capacity of 5 world of tanks power leveling,000 tons of electrolytic nickel, 300 tonnes of cobalt chloride production line, annual nickel-iron ore processing base of 400,000 tonnes of Rock Hill nickel resources in Qinghai province.As a set of smelting, processing and sales of non-ferrous metals joint venture, CDT NI-co is the country's second largest nickel metal production bases, and Shaanxi region's biggest nickel metal and by-products of production and processing bases, annual sales revenue of around $ 800 million. Says to profitability after the reorganization of assets with confidence. But for now, its assets and debt restructuringIs subject to shareholders ' approval of the General Assembly and the Commission, the remaining uncertainties. Which, it is worth mentioning that, according to the annual report disclosure, at the end wot power leveling, S*ST Union have not completed rectification mainly for the associated security problems. At the end, company's foreign balance of 292.24 million Yuan, which is the major shareholder of the company and related parties offer guarantees $ 285.74 million.On this, the company says, is through debt restructuring, asset restructuring, and gradually lift the company's major shareholders and related party cover, elimination, debt reduction or debt risk borne by the company, by poor stripped of non-performing assets of the company and record assets, community broadband business exchange company, inject assets of good quality, strong profitability, forming stable industrial investment, and goldOnline statements: Gold-line reproduced above, does not indicate that confirm the description, for investors ' reference only and does not constitute investment advice. Investors a basis for action, at your own risk.