Why did Xin 'an shares fall below the limit?

20 13 The net profit attributable to shareholders of listed companies in the first half of the year was 234,597,600 yuan. According to the preliminary calculation by the financial department of the company, it is estimated that the accumulated net profit from June to June in 20 14 will drop by more than 50% compared with the same period of last year.

Main reasons:

1. In the first quarter, Hua Kai Synthetic Materials Co., Ltd., a wholly-owned subsidiary, was basically in a state of suspension;

2. The market prices of glyphosate and silicone, the company's main products, have decreased compared with the first half of last year;

3. The market price of glyphosate's main raw materials rises, which leads to the increase of cost and affects profitability.

However, this position has entered the oversold area. If there are stocks, you can wait for a rebound.