In recent days, Jiangxi Lilong Rubber Spina Co. Ltd. (hereinafter referred to as “Finallon”) updated the developments in the examination of market applications. Previously, in August 2022, Phnom Penh submitted an application for brushing to the IPO market.

Phnom Penh is a 100 per cent family-controlled business, with family members directly controlling 98 per cent of equity, while the remaining 2 per cent is held by a staff holding platform, but the executive partner is the company’s close friend and friend.

The golden lounge is mainly involved in the development, design, production and marketing of rubber-certified products, of which more than six are engineering-related and two are farm-based. However, the corporate product is dominated by the trader marketing model, while the replacement market is 95 per cent. Its conformity with entrepreneurship is subject to certification. At the same time, companies also have a range of problems, such as large scores and associated transactions,

Presence of entrepreneurship panels

The downstream clients of the rubber track industry are mainly traders and mainframes, and the golden and comparable company, Inc., Inc., Inc., Inc. (hereinafter referred to as “agent shares”). Although the market is now dominated by resale replacements, it is clear that only a small number of products are sold to the marketplace, and that a major interest has been gradually introduced into the market for the full range. According to a response letter from the company, sales in the company’s post-sales market were about 95 per cent, while in the case of the yuan renminbi market from 68.49 per cent to 58.78 per cent, the market for the whole of the aircraft market increased from 31.51 per cent to 41.22 per cent from 2019 to 2021.

The product specifications of the main plant are relatively centralized, and a specific vendor management system is usually put in place to establish supplier access conditions. How can client adhesion and scale-up effects be ensured if only replacement products are made in the long term? In response, the first round of queries asked companies to indicate whether they lacked access to the mainframe supply chain.

In response, Phnom Penh stated that it was able to meet the requirements of the mainframe factory for the management of spare parts suppliers, and according to the letter of enquiry, Phnom Penh stated that it was working closely with the mainframe plant in respect of Ward Farmers, Star Light Farmers (603789.SH) and Central Africa (000157.SZ). Between 1900 and the first half of 2022, the company’s revenue from the sale of constellation-based aerosols was $748.82 million, $5.2586 million, $167.518 million and $675.41 million respectively. The central branch has achieved sales income of $379.71 million, $871.6 million, $107.58 million and $775.08 million respectively. The revenues from the sale of the Vedent farm were $4.64 million, $19.11 million, $0.0 million and $508 million respectively.

According to the above responses, although companies already have some cooperation with market hosts, the amount is clearly smaller, and the yield farm appears to be more “coups”, with total sales of less than 500,000 yuan renminbi and no cooperation in 2022. With regard to deep questions, the above response was clearly less persuasive.

At the same time, the number of company R&D capabilities and inventions is more worrying.

As at 30 June 2022, Phnom Penh had 72 R&D personnel, representing 10.10 per cent of the total workforce. From January to June 2019, the company’s research and development staff consisted of only three, four, four and four, respectively, compared with 64, 60, 54 and 55. In contrast to peers, is it reasonable for companies to develop fewer than their peers and for the vast majority of R&D personnel to be less specialized?

In its reply to the query, Phnom Penh stated that the rubber product industry was comparable to that of a market company, where research and development personnel were widely available for the undergraduate level, with a similar higher representation. There is no significant difference in the level of academic qualifications of R&D personnel compared to other companies in the industry.

The answer of Phnom Penh is clearly absolved, since companies use “undergraduate studies” as a statistical calibre when they correspond to comparable companies, while the majority of R&D staff in Phnom Penh are “subsequent academic qualifications” and the distinction between these two is understood.

At the end of 2021, the two-sword shares (002381.SZ) corresponded to the above-mentioned company, with a total of 116 R&D personnel, of whom 61 are undergraduate and 6 master’s degree; 14 R&D staff in the three dignitaries (002224.SZ), with 11 master’s and 2 PhDs; and 603033.SH) with 22 R&D staff and 4 R&D staff in this section. How can there be no significant difference in the results of a successful research and development team, with the highest academic qualifications in the golden R&D workforce of between three and four, compared with three or four.

In addition, the number of patents in Phnom Penh is similarly lower than that of peers. As at 31 December 2022, golden obtained six patents for State inventions and 16 new patents for practical use.

Two-sword shares disclosed in 2022 that, as at 31 December 2022, the company had acquired 120 patents in rubber transmission belts; three clerics had not yet published 2022 and had been informed in 2021 that they had received a total of 59 patents, 23 inventions and 36 new national patents. Inventors hold six patents and 20 new functional patents.

The entrepreneurship slotting focus is “three new”. Is it not possible for golden to expand its operations to mainframe operators, and if research and development teams, patents, etc. are weaker than peers, to be positioned on the entrepreneurship?

Introduction of employee holdings’ profits

In January-2022, the operating income of Phnom Penh was $587 million, $702 million, $765 million and $456 million, respectively, and in 2020 and 2021, it was 19.58 per cent and 8.99 per cent, respectively. During the reporting period, the net profits of the company were $396.23 million, $78,19.9 million, $556.2 million and $4517.66 million respectively, and the net profits for 2021 declined by 32.79 per cent.

The IPO, golden programme, which solicits $498 million, will be used for an annual production of 300,000 rubber-tracking projects, research and development centre construction projects, marketing and service networks.

Hubei Provincial People’s government portal 09:20, March 6

From 0:00 to 24:00 on March 5, 0 local confirmed cases, 1 local asymptomatic infection (asymptomatic infection in Wuhan), 0 confirmed cases imported from abroad, 0 asymptomatic infection imported from abroad, 0 suspected cases, 0 death cases, 0 discharged cases on the same day, and 0 medical observation of asymptomatic infection relieved on the same day.

From 0:00 to 24:00 on March 5, 0 local confirmed cases, 1 local asymptomatic infection (asymptomatic infection in Wuhan), 0 confirmed cases imported from abroad, 0 asymptomatic infection imported from abroad, 0 suspected cases, 0 death cases, 0 discharged cases on the same day, and 0 medical observation of asymptomatic infection relieved on the same day.

As of 24:00 on March 5, there were 37 locally confirmed cases treated in designated medical institutions (all confirmed cases in Wuhan), of which 9 were ordinary and 28 were light; There were 0 suspected cases. There were 10 local asymptomatic infections still under centralized isolation medical observation (including 9 cases in Wuhan and 1 case in Huanggang).

There were 21 confirmed cases imported from abroad treated in designated medical institutions, including 5 cases of ordinary type and 16 cases of light type; There were 14 cases of asymptomatic infection imported from abroad under centralized isolation medical observation.

Covid-19 cases were cured and discharged in 63808 cases, 4512 cases died of cumulative disease, and 68378 cases were confirmed by new crown pneumonia. 4906 close contacts are still under centralized isolation medical observation.

On February 23, Mickelson talked about his views on the US tour and the super golf league supported by Saudi Arabia in a long statement. Among them, he said of his sponsors: “I have given all of them the option to suspend or end the relationship, because I understand that, given the current situation, this may be a necessary choice.”

KPMG said shortly after Mickelson’s statement that it would end its partnership with him.

“KPMG USA and Phil mikelson have agreed to end the sponsorship immediately. We hope everything goes well for him,” KPMG said in a statement.

KPMG, a global network of professionals providing audit, tax and consulting services, has sponsored Mickelson since 2008 and has conspicuously appeared on the front of his hat.

KPMG’s complete statement is as follows:

“KPMG USA and Phil mikelson have agreed to end the sponsorship immediately. We hope everything goes well for him.

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