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KELON Prosecuted Gu Chujun "Overweight" To Increase The Amount Of Recovery To 880 Million

2006/9/1 10:37:00 41150

7 lawsuits will be instituted soon after 13 lawsuits are instituted.

In this way, the amount of Kelong's recovery to Gu and its cork enterprises will be increased from 685 million yuan to 880 million yuan.

Gu Chujun, a former chief executive of Kelon Kelong, will "overweight". Following 13 lawsuits, 7 lawsuits will be filed.

In this way, the amount of Kelong's recovery to Gu and its cork enterprises will be increased from 685 million yuan to 880 million yuan.

Gu Chujun, a former chairman of Kelon, was suspected of misappropriating company funds. The air conditioning company, accessories company, Kelon, Kelong purchasing center of Jiangxi, including Kelon, and Gu Chujun, and Green Cole, which he held, were sent to court.

The semi annual report of *ST Kelon (000921.SZ, hereinafter referred to as "Kelon") announced yesterday that 13 cases of lawsuits and third parties were filed by Kelon and its controlling subsidiaries, with a target amount of 685 million yuan.

In addition, a total of 7 lawsuits will be filed, with a target price of about 197 million yuan.

From May to July this year, Kelon has implemented a half year or one year freeze or seizure of 12 assets of the Green Court or third parties, including 262 million shares of Kelon, Guangdong.

At present, the pfer of Kelon stock rights has not yet been completed. However, Hisense management has begun to clean up some Kelon assets.

In the first half of this year, Kelon sold 13 items of equipment, with a total cost of 640 thousand yuan.

In addition, Hisense air conditioner has been authorized by Green Cole of Guangdong and split share reform with Kelon.

In the first half of this year, Kelon has not yet turned the corner, but the deficit has narrowed to 35 million 740 thousand yuan, while Kelon expects that the performance of the three quarterly report will still be depleted.

It seems that the "sequela" of Gu Gu Jun incident will take some time to cure.

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