Steadily improving quality of listed companies in Xinjiang to restore the image of.

<P>: News, February 7, party secretary of Xinjiang Securities Regulatory Bureau, the Secretary Houli Chun securities and futures regulatory work in Xinjiang, said the meeting, Xinjiang stock market risks have been effectively resolved, steady improvement of quality of listed companies, Xinjiang section of the image of .the recovery. .</ P> <P> Houli Chun On securities market risks have been effectively resolved, said that since 2003 outbreak of "hops", "Delong" system events and security risks in Xinjiang, Xinjiang healthy development of capital markets .a very bad influence. .After the China Securities Regulatory Commission, Xinjiang Uygur Autonomous Region party committee and government, the joint efforts of various departments, each of these risks are resolved, there was no risk of a delisting of listed companies. .Hong Yuan Securities in the closely watched event of the acquisition of securities in Xinjiang, Xinjiang risk securities through the disposal, acquisition of individual claims made steady progress, but also the normal operation of brokerage business, personnel have been properly relocated, the risk was essential to resolve, and maximize .institutions to ensure the interests of creditors in Xinjiang. .</ P> <P> Turning to the capital market situation in Xinjiang, the Houli Chun said that the capital market in Xinjiang in 2006 a year of achievements. .Share reform and the debts due to the successful completion of the refinancing of work went in Xinjiang Province, Northwest forefront. .As of the end of 2006, Thailand has chemical and biological Kang days listed in the Shenzhen Stock Exchange, the number of listed companies increased to 29. .Meanwhile, Hong Yuan Securities and Xinzhong Ji 2006 listed companies through the restructuring of the two injection methods were re private placement financing. .As of last year, the total share capital of listed companies in Xinjiang 10,019,000,000 shares, representing a growth of 17.55% in late 2005, the total market value of 73.558 billion yuan, up 131.68 percent compared with the end of 2005. .</ P> <P> 2006, the region has been effectively restored the image plate. .Houli Chun said that at present, the number of listed companies in Xinjiang ranks first in five northwestern provinces, the region's total market capitalization of listed companies, total equity, total assets, the main indicators of the five northwestern provinces rank the forefront of the capital market. .31 December 2006 the total market value of listed companies is expected in 2006 the region accounted for 25% of GDP, compared with the end of 2005 doubled. .According to preliminary statistics, as of December 31, 2006, the area listed company's main business revenue and net profit have increased in 2005, reversed the total of losses in 2005, profitability has increased dramatically. .By the listed company's earnings per share into a loss per share in 2005 earnings, performance growth has seen a turning point. .Asset-liability ratio has declined over the previous year by 2 percentage points, the better the overall financial data, Xinjiang section of the image has been restored. .</ P> <P> Turning to improve the quality of listed companies, listed companies to do the Lord to guide the work of industry, Houli Chun said that listed companies in 2007 will continue to guide the limited funds for main business development, and encourage listed companies .the M & innovation, mergers and acquisitions around the upstream and downstream industries, listed companies to form the core of a complete industrial chain; support the listed company will be the controlling shareholder through private placement of high quality assets and advantages of the project to focus on listed companies. .</ P> <P> Xinzhong Ji, Tian Kang biological, chemical and other enterprises in the success of Thai finance for the resumption of capital market financing function of Xinjiang to open the gate. .In 2007, Xinjiang Securities Regulatory Bureau will lead the company were selected according to their own conditions, private placement, public issuance, allotment, issuing convertible bonds, bonds with warrants, corporate bonds and other financing; and the use of capital markets platform, to .reserve training area listed resources to form a "reserve group, counseling group, listed a number of" advance pattern. .</ P>.