Xinlong Holdings Implements Employee Stock Ownership Plan, Reversing The Predicament Of Corporate Losses And Promising Prospects

　　 Xinlong Holdings Annual report turnaround, a quarterly announcement to return to losses

Although the sale of land was replaced by annual reports, Xinlong Holdings (000955) lost its quarterly report. The evening announcement April 14th showed that the forecast for the first quarter of Xinlong holdings was between 900 and 13 million. The company said that the profit during the reporting period was lower than that of the same period last year, mainly due to the increase in the cost of the company and the increase in the losses of the Yichang Xinlong Chemical Material Co., Ltd.

Xinlong holdings 2014 Preliminary Earnings Estimate It shows that the company's estimated profit in 2014 is 4 million 870 thousand yuan, and is free from the fate of ST. The company reported a loss in the three quarter of 2014. The main reason for the loss of profit in the annual report is that 2014 of the company received large amounts of other non operating revenue from land acquisition such as government compensation.

The company hints that because the two subsidiary companies in Hubei and Yichang continue to lose money, the company has the advantage of spunlaced items. Nonwoven fabric The main business of the company is still in deficit during the reporting period.

It is worth noting that the company intends to push the employee stock ownership plan with a total capital ceiling of 90 million yuan. The participants include directors, supervisors and senior managers of the company, and the employees of the company and its subsidiaries meet the standard. The total number of employees is not more than 300, and the source of funds is the legitimate salaries and self financing of employees.

After the establishment of the employee stock ownership plan Caida Securities To manage and fully subscribe to the secondary share of the finance and investment company set up by the finance and securities company 1 (hereinafter referred to as "finance" Xin long 1). The financial ceiling of CB 1 is 27 thousand, and priority shares and sub shares are set up according to the ratio of 2:1. The scope of investment is to purchase and hold shares in the company. The controlling shareholder of the company, Hainan, builds up the priority share of HUAWEI's fortune 1, providing guarantee.

Cai Da Xin long 1 esop The planned share will give priority to the Hainan stock exchange's commitment to split share structure reform, equity incentive and stock 7 million shares. The shareholding incentive commitment has been changed to the ESOP, which is subject to the approval of the shareholders' meeting. The remaining share of the plan is approved by laws and regulations such as the two level market purchase.

Through the implementation of a large proportion of employee stock ownership plan, the company has shown its bright prospects for the future development of the company.