Executives blamed for Green ground performance disclosures

Source: Internet
Author: User
Keywords Performance Executive
The green Earth, which had been plagued by the "Drought Gate" (002200, before the closing price of 20.49 Yuan, July 9 received SSE "on the Yunnan Green Earth Bio-Technology Co., Ltd. and the relevant parties to the decision to punish, Shenzhen, the green earth" three crimes "to the company and senior executives to denounce and inform the criticism of the punishment. A crime: 2009 years of Performance notice, Performance Express disclosure violation. SSE that the Green earth did not release the 2009-year performance deficit announcement, the 2009-year performance of several revisions. The performance of the correction before and after the change in the nature of significant changes, and correction time seriously lag.  In addition, there are significant differences between the 2009-year performance forecasts and performance letters and the performance data disclosed in the 2009 Annual report, with error rates above 100%. Two cases: Major accounting errors in the 2008 Annual report. SSE that the Green Earth 2008 Annual report of major accounting errors, the return of the company did not carry out accounts processing, resulting in the April 30, 2010 Disclosure of the 2009 annual reports on the previous major accounting errors in a number of corrections. Three Deadly Sins: 2009 Annual report is flawed.  SSE that the summary of the 2009 Annual report and the full text of the relevant documents, there are many errors and errors, the number of individual subjects data error is large, was required to be corrected, the company published the 2009 annual reports correction and supplementary notice on May 21. For the above-mentioned in the process of the letter of the batch of major problems, the Shenzhen Stock Exchange believes that the green ground violates the "share listing Rules" related provisions, decided to the Green Earth Company to give public condemnation of the company chairman He Xuequ, when the supervisor Liu Yuhong, Wangyunchuo, deputy general manager Xu Yunqu, Chen Deseng, When the chief financial Officer Kakasi and other senior executives to give public condemnation of the disciplinary action, the vice chairman Zhou, director Hu Hong, when the Secretary of the Board of Directors and deputy general manager Tang Linming, etc. to give notice of criticism. For companies and related parties to the above violations and the exchange to give such disciplinary action, the exchange will be credited to the listed company integrity files.
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