Alleged breach of the listing was stopped Ganzhou Rare Earth

Recently, the story mutated again. Weihua shares in the latest announcement said that as the alleged insider trading, the major asset reorganization by the Commission to initiate an investigation , the restructuring process is suspended.

With the Department of Ganzhou, Jiangxi , belong to the local SASAC , Changjiushenghua and Ganzhou Rare Earth childhood if it can not , at least zhigenzhidi small partner . Because of this , investors have speculated that the possibility of Ganzhou Rare Earth " married " Changjiushenghua great .

Did not want to marry Changjiushenghua " rich girl " Ganzhou Rare Earth , at least in Ganzhou local Changjiushenghua also be ringing Tyrant . However , in addition to the end Changjiushenghua indirectly to " old NianJiu " SAC referrals Ganzhou , Ganzhou Rare Earth requires clear whether married Changjiushenghua outside , and then it has not been announcements and clarifications , this one rumored the marriage can be described as hesitant .

In reply to the end of the year , the Ganzhou SASAC , said: Given the formation of the national Southern Rare Earth in the direction of large enterprise groups , approaches , methods yet to be determined , the rare earth industry consolidation has not yet been put in place , municipal state-owned enterprises in the rare earth industry structure , asset quality and so do not have the conditions for the integration of the listing , so no rare earth resources in the municipal state-owned assets into Changjiushenghua consideration. " Lao Niangjiu " means: not yet the time to talk of marriage .

It is this argument no escape route blocked , plus there has been no clarification after Changjiushenghua and description, the scandal was kept dissemination of market , Changjiushenghua share prices continued to soar , compared with last December 4 closing price , the largest increase of up to 245% . With Weihua shares Nov. 4 announcement will " marry " Ganzhou Rare Earth , Weihua shares even pull five trading, Changjiushenghua seven consecutive daily limit , down 52.14% , until the suspension.

Weihua shares the fate of restructuring how ? Ganzhou Rare Earth in the end will be where the flowers ? Investors wait and see.


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