At the opening of the market today, Zhongbei Communications opened sharply lower. As of the midday closing, it was down 3.91% to 28.75 yuan/share, with a total market value of 9.638 billion yuan.

According to the news, there was misleading information about the customer's abbreviation in the previous 700 million order announcement. China and Beijing Communications apologized for this, and the Shanghai Stock Exchange also issued a regulatory letter.

Are all abbreviations to blame?

Looking back, on April 9, Zhongbei Communications announced that the company signed a large order of 729.6 million yuan, Jinan Supercomputing Center Co., Ltd. (Jinan Supercomputing Center) Purchase computing power services from it.

However, after the announcement was announced, the stock price of Zhongbei Communications opened higher and then fell, closing green for three consecutive days.

Subsequently, on April 11, the Jinan National Supercomputing Center issued a statement clarifyingIt has nothing to do with the contract between China and Beibei Communications.

Since its establishment, no enterprise, institution has been authorized to carry out related commercial activities under the names of “Shandong Computing Center (National Supercomputing Jinan Center)”, “Shandong Computing Center”, “National Supercomputing Jinan Center”, “National Supercomputing Jinan Center”, “Jinan Supercomputing Center”, and “Jinan Supercomputing”.

The National Supercomputing Center in Jinan also said,Names in various forms, including “Jinan Supercomputing Center”, an abbreviation used by the customer in the announcement of China and Beibei Communications, were first used by our company.

Any other unit or individual using the above name without authorization or using the above name to publicize or cooperate constitutes an infringement on our organization's right to name and has the right to pursue its legal liability.

On April 12, the Shanghai Stock Exchange issued a letter of supervisory work to Sino-Beijing Communications on this matter.

At the same time, China and Beibei Communications also issued an announcement. All parties apologized for the misunderstandings caused by the abbreviation in the announcement.

Zhongbei Communications clarified thatThe actual controller of the contracted partner company is Pan Jingshan, and there is no direct or indirect equity relationship with the Jinan National Supercomputing Center.

Revenue is only 30 million yuan, procurement is 700 million yuan?

However, it appears that the two companies that caused the misunderstanding are not unrelated.

According to data, the Jinan National Supercomputing Center was approved by the Ministry of Science and Technology. It was founded in 2011. It is a comprehensive research center engaged in intelligent computing and information processing technology research and computational services. It is also the birthplace of the “Shenwei Blue Light”, the first supercomputer in China to develop a thousand trillion times completely using an autonomous processor.

The customer of Zhongbei Communications, Jinan Supercomputing Center Co., Ltd. was established on May 21, 2021, with a registered capital of 20 million yuan and a paid-in registered capital of 20 million yuan.

Pan Jingshan, the actual controller of the company, is the deputy director of the Jinan National Supercomputing Center, and mentioned the history related to the Jinan National Supercomputing Center in the company profile.

The company is currently profitable, but last year's revenue was only 30.3247 million yuan.Compared to the 729.6 million yuan mentioned in the Sino-Belgian Communications announcement, the difference in amount is actually a bit too big.

It can be seen from this that the customer with the 700 million yuan order of Zhongbei Communications was established for a short time, and the current revenue and asset scale are small.

In response to this, China and Beibei Communications also explained in an announcement, sayingThere is a risk that actual execution of the above contracts is poor and performance is low.