Losses in 31 billion! A photovoltaic giant explosion ray more nearly 50 billion monetary fund 'evaporate'

Solar photovoltaic webex: ray cause market, a company that is Orient group, annual report losses of 31 billion yuan, the monetary funds gone nearly 50 billion a year, a lot of people look for!

2, Orient group financial report released in 2019. According to the announcement, solar portal, business income is 340 2019. 0. 3 billion yuan, year-on-year decline in 33. 26%; Mother to net profit - 310. 12 7. 4 billion yuan, year on year earnings. 13. 8 billion yuan, the company is given the reason is that falling revenues, rising financial costs, increased asset impairment.

announcement, according to the China solar power network, the company money from a report on the final of 561. More than 6, one hundred million yuan, the sharp drop in 69. 6. 9 billion, nearly 50 billion less!

can be seen from the report, & other; Other receivables & throughout; From the beginning of more than $100, a year increased to nearly 66 billion yuan, up to 500% change!

this increase 50 billion & other; Other receivables & throughout; Where is it? Announcement, according to the five objects before payment amount receivable amounted to 36. 4 billion yuan, has two affiliated parties are respectively east lumena electricity investment and Orient information technology, solar energy, the other three are respectively lue industrial ( 12. 8 billion). Before, ruixiang flat technology ( 3. 7 billion). , purple loyal technology ( 26. 6. 7 billion). 。 The latter two billions of receivables are all 100% provision for bad debts.

on Yu Dongxu group reporting data of true and false, auditors zte fortune guanghua reservations are given, which for more than 600 & other; Other receivables & throughout; Questioned, solar power grid, the audit agency said that did not obtain sufficient and appropriate audit evidence to judge the character of the payment, payment time, the appropriateness of bad debt provision, as well as the impact on the cash flow of the current period.

, according to official website Orient group was established in 1997, the headquarters is located in Beijing. Orient group to revitalize national industry as own duty, to become a respected Chinese entities industry pioneer. The company owns east lumena electric ( 000413). And Orient the blue sky, 000040). , 'jie ( 002486). Three listed companies, more than four hundred wholly owned and holding companies, business in Beijing, Shanghai, guangdong, more than 20 provinces, municipalities directly under the central government and autonomous regions such as Tibet.

in November 2019, when its east lumena electricity a notice of listed companies to market, east lumena electric announced medium-term notes back to carry out service failed to honour as scheduled, scale amounted to 3 billion yuan.

let the market was shocked, so it is in the third quarter, east lumena electricity account also lay more than $180 in cash, the results in the fourth quarter was half in the past, even can't afford to pay for 3 billion. Announcement explained, is because the company funds temporarily appear short-term liquidity problems, not to cash interest payable on schedule if the varieties and related to payments,

three quarterly reports, according to the east lumena electricity also has 18. 3 billion yuan of money, now they cannot honour the $3 billion of bonds? This had to let people suspect that the 183. The authenticity of $1. 6 billion in cash.

it is reminiscent of explosion ray before Kant's new false deposits, sig event. They all have a similar feature, that is the account on the large amounts of cash, but there is always a debt, also known as & other Big store credit & throughout; 。

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