Heng Shun vinegar industry for five years three times rectification letter covered with illegal incorrigible

In addition to the frequent exposure of the envelope, the company's financial department is also a problem frequently out of this newspaper reporter, the sfc related people to the media, some listed companies in the self-examination work in the search problem is not in-depth, not deep, the problem of corporate governance, Shini, corporate governance overview of the long, The problem is a stroke. In response to this phenomenon, the relevant departments of the Securities and Futures Commission have requested the Securities and exchange bureaus and exchanges to strengthen the examination of listed companies self-examination report and rectification plan, urging listed companies to seriously and in-depth search the company's governance structure of the problems and deficiencies, real and objective reflection of the problem. However, under the strict supervision of the regulatory authorities, there are still listed companies who have repeatedly made mistakes. Yesterday evening, according to the Heng Shun vinegar industry announced "in the past five years by the securities regulatory authorities and exchanges to take regulatory measures or penalties and rectification of the situation of the announcement," the company in the past five years, three times in the relevant regulatory departments to inform the criticism, and the company has been around three rectification. Pre-deficit announcement delayed July 31, 2009, the Shanghai Stock Exchange has issued the "Jiangsu Heng Shun Vinegar Industry Co., Ltd. to inform the criticism of the decision," The content shows, "After the end of the fiscal year in 2008, the company did not carry out performance loss notice within one months, Until March 21, 2009 before the release of the 2008 deficit announcement, said that according to the company's financial department estimates and accounting firm pre-trial, the company is expected 2008 company to achieve ownership of the listed company shareholders net profit of 49.2358 million yuan. In view of the above violation facts and circumstances, Jiangsu Heng Shun Vinegar Industry Co., Ltd. to inform the decision of the criticism. In this respect, Heng shun vinegar industry in the rectification process of "financial leaders to inform the criticism", at the same time, the company also took a number of measures to "improve management, subsidiaries and financial personnel to standardize the operational awareness." The company's board of Directors requests that the management of the company, the main leaders of the subsidiaries and the financial personnel of the briefing should be held regularly. In addition, Heng Shun vinegar Industry also said that the company to use the annual report audit process found problems, by the accounting firm management, subsidiaries and foreign financial personnel to standardize the education, the existing problems of timely correction, improve the company at all levels of management, especially the financial personnel of the standard operation consciousness. In Heng Shun vinegar industry vowed to rectify the company's financial department, the company also said to "strive to improve the quality of information disclosure, conscientiously fulfill the obligation to disclose information." For the above letter in violation, Heng Shun vinegar industry also made a guarantee, said, "The board of Directors of the company strictly according to the requirements of the information disclosure format of listed companies and the relevant provisions of the Company" Information Disclosure Management system "to do the relevant information disclosure work, strengthen the corporate information disclosure responsibility awareness, to ensure that the company information disclosure accurate, timely, true and complete. The letter in violation of the "whole but not change" however, quite dramatically, in the decission vinegar industry after the guarantee, the company has again been found to wear a letter of violation problem. April 27, 2013, China Securities Regulatory Commission Jiangsu Supervision Bureau (hereinafter referred to as "JiangJiangsu Heng Shun Vinegar Industry Co., Ltd. issued a decision on the issuance of warning letter measures (China Securities Regulatory Commission Jiangsu Supervisory authority of the administrative supervision measures decision [2013]10 number) (hereinafter referred to as: "Warning Letter"). It is understood that the Jiangsu Securities and Regulatory Bureau in October 2012 to the company conducted on-site inspection, inspection found that the company has problems. According to the "Warning letter", the end of 2011, Heng Shun vinegar industry and Zhenjiang Dawn Real Estate Investment Co., Ltd. (hereinafter referred to as "Dawn real Estate") and Jiangsu Jie Yuan Investment Development Co., Ltd. (hereinafter referred to as "Heng Shun Jie source"), there are non-operating funds exchange, Dawn Real Estate and Heng Shun Jie source to deal with the company 139.0976 million Yuan and 9.3203 million yuan respectively. At the same time, the company holding shareholder Jiangsu Heng Shun Group Co., Ltd. and the town of Hengshun Real Estate Development Co., Ltd. signed the "Share transfer Agreement" on December 26, 2011, did not timely fulfill the obligation of information disclosure. Now to the company to take a warning letter supervision measures. The announcement shows that there is a relationship between the company and the company that has the non-profit capital dealings. For the above-mentioned letter in violation, Heng Shun vinegar Industry, said the company has strengthened the board of directors, the Board of Supervisors and senior management of the "articles of the company" and other provisions of the regulation of listed companies and related parties to the relevant provisions of the funds to learn. At the same time, Heng Shun vinegar industry also said, "the company is involved in the violation of the relevant personnel to take serious action." Rectification and recovery of 5 million Yuan Heng Shun vinegar industry in addition to the issue of frequent exposure, the company's financial sector is also a frequent issue. Following the 2009 financial department due to the late report of the announcement and was rectified, again on March 27, 2012 by the Jiangsu Securities and Supervision Bureau issued the "Jiangsu Securities and Regulatory Bureau of Jiangsu Heng Shun Vinegar Industry Co., Ltd. Regulatory Advice letter" (hereinafter referred to as: "Opinion letter"). According to the "letter of Opinion", "December 24, 2010, the company of Heng Shun Vinegar, the board of directors through the transfer of South Xu Road, five Li village state-owned industry transfer of land use rights and some of the ground buildings, and after 2011 years of the first meeting of the provisional shareholders vote, The company will be the town Jiangnan Xie 4786.7 square meters of state-owned industrial land use rights and 43240.72 square meters of housing to 59 million yuan transfer to Zhenjiang state-owned Assets Investment management company. Under the asset disposal agreement, the transfer of $59 million must be paid in full before the end of June 2011. As of October 26, 2011, the aforementioned company still owes a 10 million yuan to the constant shun vinegar industry. Ask the company to carry out a serious self-examination of the foregoing matters and put forward corrective measures on existing problems. Since then, Heng Shun vinegar has been further consultations and in September 2011 with the Zhenjiang state-owned Assets Investment Management company signed a supplementary agreement, the Agreement stipulates that the asset disposal price from 59 million yuan to 64 million yuan. Although the company did not recover 10 million yuan, but it is gratifying that after the rectification of the company more than 5 million yuan of input also shows the effect of rectification.