the actualController of the gaojing brother-in-law Diablo 3 power leveling the actualController of t

Emperor science "problems" pass through the On May 17, Emperor SWTOR CD-key, Shenzhen science and technology company limited (the King in science and technology) on the SFC website prospectus disclosure (Declaration of release). Journalists through the prospectus of carding, discovered that involve an amount of $ 430 purchase, shareholder's equity participation in issues such as company name and later. $ 430 takeover provoked controversy this time Emperor technology sell 13.34 million shares to be listed on the Shenzhen Stock Exchange,Recommended human investment securities. Company's main business is a smart passport card application equipment and systems research and development, production, sales and service. Production of IC card reader, card reader, smart card, smart card management quality supervision; communications equipment production; domestic commerce, goods and materials supply and marketing industry; smart card application equipment technology development; import and export of goods, technology import and export. Prepare listingCompany, a purchase amount less the millions of, many tens or even hundreds of millions. But with net assets of $ 430.29 so low price thing was emperor for the transfer of technology to unfold. Prospectus shows that acquired during the reporting period in the issuer baiyibai e, on August 20, 2008, baiyibai e-shareholders are considered by: Wang Chunhua agreed shareholders (the actualController of the gaojing brother-in-law) baiyibai e 80% per cent of its holding Diablo 3 power leveling, pursuant to baiyibai e-as of June 30, 2008 audited net asset value of RMB 430.29 Yuan, equivalent basis, transfer to a total price of RMB 344.23 Yuan to issuers; in addition, agreed to shareholders at Clifford chance, baiyibai e 20% per cent stake held by it, pursuant toBaiyibai e-as of June 30, 2008 audited net asset value of RMB 430.29 Yuan SWTOR Credits, equivalent basis, total price of RMB $ 86.06 transferred to the issuer. On August 23 of that year, the equity transfer agreement signed by both sides. On September 3, 2008, former Shenzhen Administration for industry and Commerce approved the above change, baiyibai eWholly-owned subsidiary of the pedestrian. Yunfeng Liu Datong Stock IPO investment adviser says, for a low price to buy, or even $ 0 buy, is present in the effective corporate acquisitions, transfers usually under their own liability to consider issues such as transfer, transfer of super low prices found in the insolvency of the company, but to net assets transferred, and such a low price, really rare.The only reasonable explanation is that as a brother-in-law of Emperor technology control gaojing, transferred to a sister at a lower price, as some parties, this low price transfer of dubious. High customer concentration prospectus shows that nearly three years, sales of the company's top five customers total sales, 42.84% and 64.58%, respectively. During the reporting period, Top five customers for the company's different and not the same. Concentration higher mainly due to customers, our main customer individual procurement and larger. Concentration of certain customers are companies take full account of competition and the advantages of industry, is committed to engaging in the smart card as the card application equipment research and development, production and strategic orientation of the system services and active development projectsMarketing strategy. Although the company made an explanation, but up to 60% of customer concentration, is also bring instability to enterprise performance. Yunfeng Liu said the five largest customers accounted for relatively high, there are two possibilities, one is the company's business is highly dependent on a few customer, if the customer does not cooperate with the company and its business impact will be larger. Second, the customer number of the company's businessSmall business or company is not balanced, single order have a greater impact on company performance. Shareholder's equity participation in the company put "Black Dragon" in addition to the $ 430 to buy "good", but also put on a "Black Dragon". Reporters found that Emperor prospectus 43 pages of science and technology "major sponsor has major assets" section, Tan Jun among issuers shares held, and also holds a Qingdao Yuet haixilaiHotel 66.305% equity. Key sponsors to engage in business under the title, to be reformed before the establishment of the issuer, gaojing, and strong, and Jia Zheng Song real's main business is the management and administration of the business of the issuer; Tan Jun is not engaged in any business of the company, the Hyatt Grand Hotel limited, Chairman of Qingdao and Qingdao ���ʳɷ֡� assetsManagement Ltd. Four-row context is not bad, out of only two hotels in one word: "Grand Hyatt haixilai hotel, Qingdao" and "Yue Hai hotel, Qingdao", by the reporter to verify hotel name should be "Yue Hai hotel, Qingdao", so low-level errors occur it is not in the prospectus. 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