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中通快遞-SW(02057.HK)否認沽空機構Grizzly Research指控
中通快遞-SW(02057.HK)發公告回應沽空機構Grizzly Research LLC在一份報告中的指控。公司認為,報告並無依據,其包含許多錯誤、無根據的推測以及誤導性結論和詮釋。其亦缺乏對公司業務模式及財務報告結構的基本了解,缺乏對公司公開文件的全面解讀。 公司指,董事會包括審計委員會,正審查有關指控,並考慮採取適當的行動來保護全體股東的利益。 該沽空報告指,中通是競爭激烈的中國物流市場的龍頭企業之一,雖然整個行業已標準化,但中通的毛利率是行業平均兩倍以上,認為中通明顯較高的毛利率或是財務報表造假而成。 Grizzly Research提到,公司低估員工人數以支持其報告的勞動力成本及超高毛利率。根據保守的薪酬估計,中通的真實員工人數和相關員工費用,或是向美國證交會報告的兩倍以上。
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