Ningbo gqy raise funds special inspection was found to be ordered to correct the problem

NetEase Finance November 22 News Ningbo gqy Monday Evening issued a notice, Ningbo Securities and Supervision Bureau in the company to raise funds special inspection, found that there are problems, ordered to correct. November 11, 2010, Ningbo Securities and Supervision Bureau in the Ningbo Gqy carried out a special check, according to the inspection of the problems found, issued (2010) 6th "On the Ningbo GQY Video Co., Ltd. to take orders to correct the measures," the contents are as follows: Some of the funds raised have not fulfilled the corresponding examination and approval procedures and information disclosure obligations. Ningbo GQY Investment Project implementation of one of the main---subsidiary of Ningbo Chico Digital Teaching Equipment Co., Ltd. (hereinafter referred to as teaching equipment Company) on July 23, 2010, the use of fund-raising 5 million yuan to return the bank loans, on July 27, the use of fund-raising 6.534 million yuan returned to the associated company's borrowings.　　The above matters have not complied with the corresponding review procedure and disclosed. Second, part of the collection of funds replacement time before the Board resolution date. Ningbo Gqy held its board of Trustees on July 19, 2010 to consider adopting a self-financing fund of 60.322 million yuan to raise funds to replace the pre-betting projects.　　After investigation, the company in July 9, 2010, divided into two (respectively 7 million yuan and 8 million yuan) 15 million yuan to raise funds for replacement. Thirdly, the independence is flawed.　　Ningbo GQY subsidiary company Ningbo Chico Intelligent Technology Co., Ltd. and the control of the actual control of the affiliated companies Ningbo Chico Wei Electronics Co., Ltd. the financial personnel are not separated, independence defects. In this regard, Ningbo Gqy said, will be in accordance with the findings of the decision, the establishment of rigorous corrective measures, through the establishment of a strict collection of funds for the specific use of approval procedures, strengthen the relevant personnel training and other measures to avoid such problems occur, specific corrections will be completed within 30th and announced.