CLP's disclosure of false information sued by 3 investors

Source: Internet
Author: User
3 Investors v. China Electric Co., Ltd. to conceal the truth, resulting in loss of their investment, and therefore requested the CLP to compensate for more than 260,000 yuan.  Yesterday, the reporter learned that the city of a Chinese court to accept the case.  March 30, 2009, the China Securities Regulatory Commission after investigation, the CLP made a decision on administrative penalties, identified in the CLP 2003-2006 report information disclosed there are false records, major omissions. These false records, a major omission is the CLP in December 19, 2003 with China Cable Television Network Limited liability company signed the "Supply contract", China cable to the CLP issued a 3-month maturity of the commercial acceptance, the amount of 150 million yuan. China Electronic Finance Limited liability company to discount. March 18, 2004, the commercial Acceptance bill expires, China cable is not paid.  However, the report from 2003 to 2006 was not disclosed by CLP. Wang, Li, Liu, 3 people from April 23, 2004 to April 2, 2009 participated in the investment in the CLP, they sued the CLP to compensate for the loss.

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