Shares of Dakota and major shareholders denounced

According to the Xinhua news Agency, Shanghai Stock Exchange 27th announced that in the operation of the illegal behavior of Shandong Dakota Group Co., Ltd. (hereinafter referred to as the group), Liu Dishui Group Co., Ltd. (hereinafter referred to as Branch Tatsu shares) and the former chairman of the company, such as the public condemnation, and found that Liu Dishui three years is not suitable as a listed company director. SSE in the announcement that the shares of the company has the following irregularities: In April 2006, the company signed a land reserve agreement with the Dongying Land Reserve Centre, while the shares of the corporation were artificially reduced to other units ' receivables when they received the $46.71 million land compensation fee paid by the Dongying Land Reserve Centre. At the end of 2006, the company will receive the corresponding units of the project funds directly into the actual control of the group accounts, and the company occupied by the group. In December 2008, the group returned the sum to its shares in the form of a Land compensation fund, which counted the proceeds received in 2008.　　Branch Tatsu shares also did not fulfill the information disclosure obligation in time. Branch Tatsu shares since 2007 has been with the group has a large amount of non-profit funds, including the 2007-year cumulative debit 115.76 million Yuan, 2008 cumulative debit 937.41 million Yuan, 2009 cumulative debit amount of 1,138,310,000 yuan, the closing balance of 2009 59.26 million Yuan.　　Branch Tatsu shares and failed to fulfill the relevant decision-making procedures and information disclosure obligations. SSE said branch Tatsu shares the above acts seriously violate the "Shanghai Stock Exchange Stock Listing rules", "Enterprise accounting Standards" and the relevant provisions of the CSRC; former chairman Liu Dishui, director (former General accountant) Lu Jiang, former director and chief Accountant Zhang Tiandong, former secretary of the board Han Xiaoquan failed to be diligent and conscientious, and its conduct seriously violates the　　The provisions of the stock listing rules and the undertakings made in the statement and undertaking of directors (supervisors and senior managers), the capital occupation of the group and the shares of the company is in serious violation of the provisions of the stock listing rules and the relevant regulations of the China Securities Regulatory Commission. In view of the above irregularities and circumstances, the SSE Disciplinary Committee approved the following disciplinary decision, SSE, to make public condemnation of the group and the shares of the company, and to the former chairman of Liu Dishui, the director (former Chief accountant) Lu Jiang, former director and general accountant Zhang Tiandong, Han Xiaoquan, a former board secretary, publicly condemns the Liu Dishui for three years as a director of a listed company.