Shanghai Electric Group Co., Ltd. 2009 Third Quarter Report (Continued) – Shangh
ยง 3 important issues 3.1 project company financial statements, financial indicators and the reasons for significant changes in the
applicable not applicable Company from January to September 2009, net operating cash flow of 3.708 billion yuan, compared to -5.46 million. Substantial increase over the previous year mainly due to plate electrical equipment company affiliated payables and receivables in advance due to the increase.
3.2 progress and its impact on major issues and solutions, analysis shows
applicable not applicable 3.3 companies, shareholders and actual controllers Fulfillment of commitments
applicable not applicable 1, the controlling shareholder of the Company during the period Shanghai Electric (Group) Corporation (hereinafter referred to as "Electrical Corporation"), the implementation of commitments made by the following:
(1) of the shares in circulation lock commitment period
Electric Corporation commitment: Since the company listed in Shanghai Stock Exchange within six months from the date of 30 will not transfer or delegate to others Management Companies they hold shares, or repurchase by the company they hold shares in Shanghai Electric.
End of the reporting period, electrical corporation to fulfill the pledge.
(2) to avoid competition with the industry's commitment to
Electric Corporation, the Company has issued "to avoid competition with the industry's Letter."
End the reporting period, the electrical corporation to fulfill these commitments.
(3) with the company's commitment to the five separate
Electric Corporation have signed the "Commitment Letter", committed to in accordance with the laws, regulations and regulatory documents of China Securities Regulatory Commission requirements, to do with the company in the business, assets, personnel, organization, completely separate from the financial aspects; effective protection The company's business, assets, personnel, institutions, and finances to operate independently; norms and reduce the associated transactions; as with the Company's related party transactions took place when the inevitable will follow the fair, fair, legal principles, in accordance with relevant provisions.
End of the reporting period, electrical corporation to fulfill the pledge.
(4) to solve the problem of part-time staff commitment
Mr. Huang Dinan, president for part-time president of issue of Electric Corporation, Electric Corporation pledged to December 31, 2008 address before the same time as Mr. Huang Dinan and Electric Corporation, president of the company matters, in the aforementioned part-time during the transition period will be Mr. Huang Dinan ensure sufficient time for diligence involved in the management of the Company to perform duties of president, not part-time as the above issues affect the company's legitimate interests.
End of this reporting period, the electrical corporation has fully performed the promise, Mr. Huang Dinan no longer serve as president of Electric Corporation.
(5) irregularities on the commitment of tax incentives
Part of the company subsidiary in 2005 -2 007 years, there to enjoy the tax incentives and state tax administration is not consistent with the relevant provisions of the situation, the electrical corporation committed, if the authorities require the Company (including the subsidiary holding company) in back for enjoying the above related concessions and pay less corporate income tax exemption, the Electric Corporation will assume that the enterprises should be in back taxes and / or generated so that all associated costs.
End of the reporting period, the company has not happened to be in back corporate income tax matters.
I am China Computer Parts writer, reports some information about steel dock plate , shoeaccessories.
Processing your request, Please wait....
