in 2012

"Economic Reference News" reporter in the study of Jiangsu can be a cultural industry group Limited by Share Ltd (hereinafter referred to as "cultural") found the prospectus, the 2013 government subsidies surged to net profit in four, listed on the eve of whitewash statements are suspected; the quasi equity investment projects "everyone on education card" suspected Cheap Duke University Jerseys of illegal uncertainty, investment. In addition, the prospectus Jie from 17 kinds of risk, risk to become revealed most listing Corporation.

government subsidies in suspected to gloss over the

can be a cultural prospectus shows, 2011, 2012 and 2013 the government subsidy amount is 1200000 yuan respectively, 2168000 yuan and 20505100 yuan, while net profit from 2011 to 2013 were 23580200 yuan, 40182600 yuan and 49192400 yuan, the government subsidies accounted for 5.09%, 5.40% and 41.68% net profit year. If the deduction of government subsidies, the 2011 to 2013 net profit of 22380200 yuan, not 38014600 yuan and 28687300 yuan, in 2013 net profit fell 24.54%, decline. Industry have pointed out, about 20000000 yuan of government subsidies amount from one hundred yuan daily year surged to listed on the eve of the, is contrary to common sense and not sustainable, there by government subsidies to gloss over the suspected.

"Economic Reference News" reporter further Cheap Chris Paul NCAA Jerseys found out, to a culture to be subsidized units including the Nanjing city Qixia district government, Nanjing Municipal Development and Reform Commission, Gulou District Finance Bureau and so on more than 10 departments, the amount of subsidy ranging from 8800 yuan to 11750000 yuan subsidy, time from 2013. A government grant maximum occurred in 2013, grant content as Cheap Michigan State Spartans Jerseys "Nanjing city Qixia District People's government to support enterprises 11750000 yuan of special funds," Cheap UCLA Bruins Jerseys the prospectus is the explanation of "according to the Nanjing Qixia Yaohua Street issued" certificate ", a culture of enterprise support a special fund of 11750000 yuan", but the prospectus is not detailed subsidy reasons. In 2013, a culture also received special funds to support the development of cultural industry in Nanjing City 3000000 yuan.

in addition, 2011 to 2013, a culture can be successively won the "Jiangsu provincial modern service industry (Cultural Industry) development special guide 1000000 yuan, 1000000 yuan Cheap Creighton Bluejays Jerseys and 800000 yuan of funds" grant funds; in 2012, 2013, may be a culture were awarded "Qixia District People's Government of Nanjing city in the year of 2012-2013 to support enterprises listed reward fund" 1168000 yuan and 2233300 yuan, the award for three consecutive years since 2011, according to the actual financial district retained for enterprise 50%-80% support.

education everyone through project profit model of alleged breach of

is a culture of the listing to raise funds to 339000000 yuan, the >