KingSun interim net profit fell 70% managing the stock suspension

KingSun August 28th released semi annual report, the reporting period the company achieved operating income of 443 million yuan, down 7.89%; net profit attributable to shareholders of listed companies was 16 million 905 thousand and 400, down 70.27%.

In addition, KingSun also announced that the controlling shareholder and actual controller is planning a major asset reorganization involving the company, intends to non-public offering of shares and cash payment, purchase amount through leasing company and the amount of Tong International Investment Group Limited held wide Dongsheng Financial Leasing Co., Ltd. 100% stake. In order to avoid abnormal fluctuations in the company's share price, the company applies, the company stock since August 31, 2015 opening date for suspension.

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