Chapter Four Questions Tungsten: Listed Mystery

Chapter sponsor and lead underwriter Tungsten is Ping An Securities, sponsor representatives Xie Yun, Wu Yongping.In the book, listing sponsors , Ping An Securities undertaking that has been diligently for Chapter Tungsten application documents and information disclosure were due diligence, prudence verification. So, for the chapter Tungsten prospectus so obvious violations, Ping An Securities why not raise any objections ? Reporters call today on behalf of the sponsor Xie Yun , Wu Yongping , they did not answer the phone.
 
In fact, as the most active IPO underwriters and a domestic sponsor , Ping An Securities has already infamous . First, a number of projects sponsored peace is suspected of fraud listed , the first is the scenic mountains and rivers . Secondly , the project sponsor beggars , two years , a total of eight companies listed are not. Finally, even the successful listing of the sponsor of the project , there is no guarantee break even appeared in the listing year performance face . From IPO restart to early July this year, the peace of the sponsor 71 companies listed , of which 16 companies not only break, but in 2010 the results of face, or even 2011 performance continues to decline ; while after the break fell the company more than 30 percent of the more than 10 .

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