Wind power to invest 3.1 billion to make money three executives to be punished
30 a wind power business is suffering change will be the pains. In June, Trinity Group issued an internal circular, had also served as vice president of the Trinity Group general manager of electrical Wu Jialiang, Deputy General Manager Dai Lixin, are demoted to the deputy general manager of the Trinity Group , but retains an electrical duties. Served as Group Managing Director of Trinity Electric Chairman Mao Zhongwu, and therefore a decline in ranking in the Group’s Board of Directors, from the fifth down to sixth.
Punishments is not operating properly, for not timely reporting, resulting in the policy mistakes of the Board.
It is reported that the results of operations, an electrical market share is very small. The installed capacity of China Renewable Energy Association Commission published the “2011 China Wind Power [0.23 1.76%] Statistics show that Trinity Electric in 2011 in China will increase its installed capacity of 179.5 MW, the market share of only 1% ranked 17 in the same industry. In cumulative installed capacity is not in the top 20.
It is worth mentioning is established only two years earlier than the Trinity Electric Sinovel [6.46 0.47% shares it research report], new installed capacity in 2011 accounted for 16.7 percent market share, second only to Goldwind [ 6.27 to 0.64 percent share research report] is an electrical nearly 17 times. On the total installed capacity of more than Goldwind ranked first, accounting for 20.8 percent market share.
Plus exports, the total installed capacity of 3 Electric is still ranked only 17. The statistical report shows that in 2011 an electrical exports to the U.S. only 6 wind turbine of 12 MW, domestic plus exports of the total installed capacity of 191.5 megawatts.
According to a number of media reports in August 2011, when the Trinity Electric has invested in wind power, a 3.15 billion yuan of funds. Should be noted that this amount Sany more than $ 5.5 billion acquisition of the “Elephant” Putzmeister. In addition, the report also disclosed that Trinity Electric until the time has not been profitable.
Richest man in response to the workers to give more play
Market speculation, “the movement of persons for the purpose to ease its pressure on cash flow, Sany did not specify. Listed companies in the development process, will always encounter various problems in the slowdown in industry trends, internal restructuring and reform of poor cash flow situation, through the initiatives of pay cuts and layoffs to reduce costs, but also a to ease the corporate pressure. However, layoffs the right way and otherwise related to the company’s reputation, the the layoff way improper or disguised layoffs behavior can easily cause employee dissatisfaction and condemned.
The laborers are the creators of social wealth, should not become vulnerable groups, countries should improve the labor law for enterprises in disguise layoffs can use legal means to give to punish. Self-interests to fight for the workers should also learn to actively use the law means.
Mr. He Chu disguised layoffs, famous labor law experts had said that the laborer is not Silence of the Lambs is entirely possible to pick up the legal weapons to protect themselves.
Listed companies with public image, especially the leading companies in the industry, their every move is watched, Sany Heavy Industry should do their business at the same time, better for workers to give more play, and this is as the third richest man in the a chairman Liang Wengen should demonstrate social responsibility.
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