Branch Tatsu shares large shareholder accounts for incorrigible

Since the IPO, the company has been surveyed 2010 times. 5.　　20 Shandong Securities and Regulatory Bureau because the company is suspected of violating securities laws and regulations, decided to investigate the company. 2010. 5.　　8 Lu Jiang applied to resign his position as director and Treasurer of the company, and Han Xiaoquan applied to resign as secretary of the company's board of directors. 2010. 4.　　28 in 2007-2009, the group of companies with the listed company for large capital transactions, resulting in the actual occupation of the listed company funds, as at April 20, 2010, the group has fully repaid the occupation of funds. 2010. 3. 25 chairman resigned 2009. 7.　　16 Jinan Inspection Bureau because of the company suspected information disclosure violations of securities laws and regulations, the company decided to file a case investigation. 2006. 5. 27 The company receives the big shareholder Guangrao County Industry Limited liability company and its related party funds to occupy repayment 2514. 940,000 Yuan, the company's major shareholders and their associated party cumulative repayment of 7233.　　240,000 Yuan. 2006. 5. From the end of 2005 to 16, the company and its affiliates are not occupied by the large shareholder and its affiliated party 7233.　　240,000 yuan, to this end, the company's major shareholders and their affiliates committed to the full settlement of funds before June 30, 2006 occupation. November 30, 2005 2003 the company holding shareholder subsidiary---Dongying fine chemical plant to the company's subsidiary loans amounted to 290 million yuan, the company did not perform the corresponding decision-making and information disclosure procedures, The loan Dongying Fine chemical plant has been fully returned from May 2004 to October 2005.　　During the repayment period, the company's controlling shareholder and the company's subsidiary have a lot of money exchanges, failing to fulfill the necessary procedures.　　November 30, 2005, the SFC Jinan Inspection Bureau to investigate the company.　　May 20, Branch Tatsu shares (600986) issued a notice, the company May 19 received a letter from Shandong Bureau of Investigation, because the company suspected of violating securities laws and regulations, according to the relevant provisions, decided to investigate the company.　　July 17, 2009, the company issued a notice, July 16, 2009, the company received the China Securities Regulatory Commission Jinan Inspection Bureau Investigation notice, because the company suspected information disclosure violations of securities laws and regulations, decided to investigate the company.　　In less than a year, the company's shares have been two consecutive cases of investigation by the regulatory authorities, which is still the first in the listed companies. Capital occupancy Guise shares April 28, 2010 issued by the "information on the occupation of funds" notice that Shandong Branch Tatsu group due to their own financial constraints, between 2007 and 2009 and the listed companies to carry out a large amount of funds between 96 times, accumulated up to more than 2.2 billion yuan, Only 2009 years of Internal Medicine Tatsu Group occupies the total amount of shares of the company's share capital of 1.138 billion yuan, the cumulative repayment of 1.498 billion yuan, as at December 31, 2009, the group's non-profit accounted forWith the company's shares of funds 59.2664 million yuan, until April 21, 2010 to pay off all, resulting in the actual occupation of listed companies funds.　　More notably, even in July 2009 when the company was filed for inspection, the company still daring, continue to violate the law, through a variety of ways to occupy the listed company funds, after a short period of six months, and the occurrence of non-operating funds to exchange up to 16, the cumulative amount of 155 million yuan, on the operation of the listed companies The means by which the guise group occupies the capital of the company is also constantly being held up. Company audit Institutions Beijing days round all accounting Firms Co., Ltd. April 26, 2010 issued by the "branch Tatsu shares 2009 of non-operating funds and other related funds of the current situation of the special statement", and the former direct occupation of listed companies, different funds,　　Branch Tatsu shares through the unrelated relationship between the third party and the parent company Shandong Branch Tatsu Group Co., Ltd. has carried out a large amount of money exchanges. "Through unrelated third parties, seemingly normal capital exchanges, in fact, the capital flows to the major shareholders, the means is extremely concealed." "Shandong Securities and Supervision Bureau regulators told reporters," but ' magic one foot, way high, "we still found a large shareholder occupation of the actual situation, which is also the reason why the company was again filed for investigation. "False disclosure of the company's shares in the disclosure of information also exist more problems."　　Shandong Bureau of Inspection found that the company's major issues were not disclosed, the company and the group of large funds between the failure to perform the relevant procedures, nor timely in the relevant interim notice in the implementation of information disclosure obligations. The company's disclosure of information is still false. In 2006, the land of the company was bought up by the government for government planning, received compensation 46.7124 million yuan, however, the company did not account for the money, but to offset the accounts receivable, the concealment of land compensation income of 46.7124 million yuan, and the corresponding funds into the accounts of the group, was occupied by the Dakota Group. The company hereby provides the shareholders with false 2006.5 annual reports, three quarterly reports and annual report.　　In 2008, the company also made a fictitious income of $46.7124 million to provide shareholders with false 2008 annual reports through fictitious land acquisitions. After the social questioning, branch Tatsu shares did not timely rectification, but issued a false clarification notice. The company's shares and related responsible persons provide false evidence to the regulatory authorities by making various false transaction documents, providing false statements and depositions.　　After adjusting the false financial information, the Company's actual operating situation in 2008 was a loss. Re-accept listing counseling to improve the quality of listed companies, the October 2005 "Circular of the State Council forwards the CSRC on improving the quality of listed companies notice", requires the listed companies must be in 2006 before the end of the large shareholder to occupy the capital of listed companies, and clearly put the large shareholders occupy listed company funds as an illegal　　In this case, why does the shares of the company still defy the circumstances and repeatedly break the restricted area? "The company mainly responsible for the integrity of the awareness and legal concepts are very poor, illegal violations become a habitAction, ignoring the relevant requirements of the regulatory department, and even smart, with the regulators to hide and seek, at the same time, the corporate governance structure of the superficial, ' three-tier ' is a fake, not really play a role. "The directors and supervisors of the company are not responsible at all, including independent directors, and if any one of the links is responsible, this will not happen again," said one regulator. "Shandong Securities and Regulatory Bureau through inspection and on-site inspection found that the company suspected of illegal activities, the company to start internal accountability mechanism, the original chairman of the company, before and after the two financial controller, Dong and other directly responsible personnel have resigned."　　Then there may be more severe penalties. In view of the company's directors, supervisors, senior executives weak awareness of the legal system, internal management confusion, on the basis of the company voluntarily, the Shandong Securities and Regulations Bureau requires the company to accept sponsorship Agency for one year of counseling training, during the guidance of the sponsor agencies and companies to report to the Bureau every month counseling and problem rectification report, At the end of the consultation, Shandong Bureau will check and accept the company. has been listed for more than six years of enterprises, and the same as the listed enterprises to receive guidance, this is the Shandong Securities Regulatory Bureau of the Innovation of supervision.