07 false statement of shares to be fined for fear of escaping claim

Beijing Business News (reporter Yu Yuqing) after seven months of investigation, 07 shares (000007) last night announced the receipt of the Shenzhen Securities and Regulatory Bureau of the fines, because of its annual report and in the newspaper was found to be a major project false statement, 07 shares and two related liability of the total fined 800,000 yuan. However, in the opinion of lawyers, the bigger problem of 07 shares may still be in the back of the ticket. The Shenzhen Securities and Regulatory Bureau has determined that 07 shares in the 2012-year report and the annual report on the disclosure of "the total underwriting contract for titanium Minerals", the fact that some important mineral projects are not being discontinued or put into production is concealed, while 07 shares have not yet been disclosed in accordance with the provisions, involving the amount of the company's total assets at the end Based on the investigation, the Shenzhen Securities and Regulatory Bureau issued a ticket to the responsible person: 07 Shares to be warned, and sentenced to a fine of 400,000 yuan, the chairman of the training Wei to give warning, and sentenced to a fine of 300,000 yuan, the director Liu Yan to give warning, and sentenced to 100,000 yuan fine. In the case of Xu Feng, a lawyer at Shanghai Huarong Law firm, the fine is only a small number for 07 of the shares, and the company's biggest trouble may lie in subsequent investor claims. Xu Feng points out that 07 of the ticket received is a typical false statement ticket, because the company's false statement, misleading investors to judge the value of the company, so the loss of investors can claim 07 shares. "A false statement can be confirmed at the beginning of the 2012.5 Annual report, so the purchase of the unit from August 14, 2012 to August 10, 2013 and the sale or continuation of the loss of the investor after August 10, 2013 may be filed." "Xu Feng said.