Zhangzidao said that in the first half of this year, due to the decline in scallop profitability, the income fell by more than 40% and the net loss exceeded 23 million yuan. In the end, I didn't forget to make up the knife, which is the worst net profit "report card" in the past decade.

In order to reverse the decline in performance, Zhangzidao said that it will reduce the scale of scallops, deepen the construction of conch and sea cucumber resources, and fill the profit gap caused by the decline in scallop production, thus stabilizing the income of marine pastures.

The story of scallops can't go on, so let's wait until the end to talk about conch and sea cucumber.

On the same day, Zhangzidao also announced a "slimming plan" to sell the assets of its subsidiaries and withdraw funds. Among them, the land sold at the beginning of this month-Dalian Zhangzidao FRP Shipbuilding Co., Ltd., with a turnover of about 60 million yuan and an estimated loss of 1 10,000 yuan, can be described as "selling land at a premium".

Why on earth do you want to do such a loss-making business? Look at the financial data and you will have the answer. After all, Zhangzidao has not performed well in recent years. Selling assets can at least replenish blood and catch my breath. This land sale is the third time that Zhangzidao has sold its assets. However, the first two times were selling shares.

And all this is because of "fleeing scallops". Today, there are more than 3,600 A-share listed companies. The roe deer didn't shine at first, but it became an "online celebrity company" because the company's scallops ran twice.

First, scallops run three times.

The first chapter of scallop running -20 14 10 3 1 that night, Zhangzidao announced that the company had lost more than1000000 mu of scallops planted by the cold water mass. When the news came out, public opinion was in uproar, and everyone speculated that scallops had swam back to their hometown along the ocean current.

At first, most people didn't believe that scallops could swim until netizens captured the precious picture of scallops "running". It's not just scallops that escaped, but their performances also disappeared. 20 14 in the first three quarters, the company turned from a profit of 48.45 million yuan in the first half of the year to a loss of about 8120,000 yuan.

Chapter 2-Scallops Running-Scallops on Zhangzidao are always unexpected. 10, Zhangzidao announced that the decrease of precipitation led to the decrease of feed biomass of scallops, and the abnormal seawater temperature led to the long-term starvation of scallops, which eventually led to their death. In other words, scallops didn't run away this time, but starved to death because of malnutrition. After "Scallop Run 2.0", Zhangzidao began to be investigated by the CSRC.

The third chapter-the amazing scene is coming. Zhangzidao announced the first quarterly report of 20 19, saying that the group's net profit loss was 43140,000 yuan, and the reason was still that "scallops were affected by bottom sowing", in short, "scallops ran away by 3.0". At this time, the investor was completely crazy: "Big Brother, I beg you, don't wander around scallops, I can't leave."

Second,/kloc-After careful investigation in October and July, the CSRC revealed the "scallop" scam.

Scallops frequently "run the road" and repeatedly drag the performance of Zhangzidao into the quagmire. So, how important is scallop to Zhangzidao?

According to the data, over the years, Zhangzidao has always taken scallops as its main category, and the operating income of scallops once accounted for more than 40% of its main business. It can be said that Zhangzidao eats from the "face" of scallops. Although agriculture, forestry, animal husbandry and fishery are easily affected by natural factors, it is not normal for scallops in Zhangzidao to "run away" so densely.

It can make fun of everyone with the announcement that "the scallops have escaped", but the CSRC does not buy it. After 17 months' careful investigation, it was found that Zhangzidao was suspected of three illegal acts: ① suspected of financial fraud, which inflated profits by 654.38+300 million yuan in 2065,438+07 and reduced profits by 280 million yuan in 2065,438+07. ② The announcement of 2065438+07 autumn exam results is suspected of false records; 3 suspected of failing to disclose information in time.

I don't know whether it is "more lice don't itch, more debts don't worry" or in the spirit of "courage and fearlessness", Zhangzidao will tamper with the financial report and even turn a profit. People sigh: "This is too courageous."

In fact, under the investigation of the CSRC, the truth of the drama of scallops running away came out. The process is simply like this. The company harvested some breeding areas in advance, and confirmed the harvest income, but did not confirm the cost. The purpose of doing this is to get more profits. When the company randomly evaluates the aquaculture areas in a certain year, those aquaculture areas that are harvested in advance will have "scallops running away", and then the expenses will be included in this year.

In this way, there is a situation in which one year makes money and one year loses money. When making money, the income of several aquaculture areas is considered profit. When losing money, it was said that the scallops in those farming areas had run away, and the cost was counted as one year, and a "financial bath" was held.

Why are you doing this? Because Zhangzidao does not fake, the company's net profit will be negative for three consecutive years on 20 14, 20 15 and 20 16, and it will be forced to withdraw from the market in 20 17.

This is also the fundamental reason why Zhangzidao scallops left for three times, in order to survive in A shares. Of course, it was followed by a fine of 600,000 yuan from the CSRC. In addition, Wu Hougang, chairman of Zhangzidao, was also banned from the market for life, and the corresponding person was also fined a total of 2.84 million yuan.

Third, the chairman warned investors: be afraid of the sea and know the risks.

Wu Hougang, Chairman of Zhangzidao

I still remember that during the summer Davos Forum, Chairman Zhangzidao was interviewed by the media. Chairman Wu Hougang said, "Zhangzidao paid a price to gain the knowledge and awe of risks, and recognized this sea clearly." "I'm sorry to lose money, but investors should also be aware of the risks." Chairman Wu is kind and honest. He warned shareholders that "choosing the marine industry means choosing a venture company". Zhangzidao has scallops that love to run, so everyone should have the mentality of accepting scallops to swim often.

Swimming scallops don't make money, they don't lose money. Can the potential risk of a company that even the old doorman drinks Maotai be small?

"First Financial Broadcasting"