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    Yao Chi Poker IPO Cited Controversy &Nbsp; Third Party Report Authority Doubtful

    2011/5/4 10:01:00 33

    Yao Chi Poker IPO Cited Controversial Third Party Report

    Today's Shanghai Yao Chi poker Limited by Share Ltd (hereinafter referred to as "yao ji Poker") is a wonderful blueprint for the future development of the poker industry.

    The company said that the capacity of the domestic poker market will reach 7 billion in the next 5 years, and the blueprint "Manuscript" is a "China poker industry development status and development" on the website of the Chinese cultural, educational and Sporting Goods Association (hereinafter referred to as "dynamic").


    The article, which is only about 1500 words, is signed as "editorial department". The data source and research method are not explained in the article, and only the survey results and data are listed.


    Reporters yesterday called Yang Li, director of the China stationery and Sports Goods Association, to verify the source of the article. She said she did not know the specific source and source of the document, and said it would verify it.

    Later, the reporter learned from Yi Xiaoli, Secretary General of the Chinese stationery, sporting goods association, that the article was related to contributions, originally intended to be published in an internal magazine for communication, but later published on the Association website.

    But she did not disclose the identity of the contributors.


    Yi Xiaoli thinks, "dynamic" mentioned.

    industry

    The data should be related to the investigation of the relevant persons, as internal communication is appropriate. As for its prediction of the 7 billion cards in the next 5 years, "it is an optimistic prediction, which is not much different from the 5 billion cards mentioned in the 12th Five-Year plan".


    She also said that the article was published after its Specialized Committee review, and its objectivity could be recognized.


    However, the Chinese sports, education and sporting goods association's Poker board committee told reporters that there were problems in the relevant data of "dynamic". "Customs data can be verified, but how the domestic data came is really not clear."

    The source told reporters.


    "At the beginning, it was an internal magazine distribution. Although there were some reservations about some data and industry forecasts, the committee did not carry out any research, nor could it change it, but did not know why it went online."

    Coincidentally, Yao recorded a prospectus to the China Securities Regulatory Commission a month after hanging up the Internet, and the judgment of the industry was almost entirely based on the article.


    In the "12th Five-Year plan" of the poker industry, which was obtained by reporters, its historical data had little difference from "dynamic", but the prediction of both sides was "poles apart".

    According to the "12th Five-Year plan", there will be about 5 billion cards in the world in the next 5 years and 4 billion pairs in China, which is almost flat with the market share of about 3000000000 cards in 2009. That is to say, the expansion of the industry market will be very limited.


    According to the algorithm of dynamic, the capacity of domestic market will increase by 100% in 5 years, from about 3000000000 to 7 billion.

    The difference between the former and the latter is nearly doubled.


    A broker told reporters that the general third party report was provided by the professional institutions with high reputation and good reputation in the industry, but there was also some authority for some "unfamiliar" industries.


    But he also believes that "there is only more than 1000 words in length and no data.

    investigation

    The reports from sources can only be said to be too thin.

    Can businesses convince them?

    SFC

    It depends on whether they can justify themselves. "


     
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