The SFC ordered Changyu A to rectify the issue of advertisement fees

Source: Internet
Author: User
Zhang Yu A (000869.SZ) said, recently received the China Securities Regulatory Commission Shandong Regulatory Authority to order rectification of the notice, pointed out that the company in a number of advance advertising costs, use of trademarks and other aspects of the problem and demand its rectification. The announcement said, to December 31, 2009, the company accumulated more than a year of advertising costs 133.54 million yuan, of which more than 2009 years to mention 3.75 million yuan, the previous year more than 129.97 million yuan.  The issue caused the company to reduce the net profit of 2009 2.8125 million Yuan, the previous annual net profit disclosure is also inaccurate.  At the same time, rectification notice required to resolve the issue of trademark ownership disputes between listed companies and Changyu Group, pointed out that to strive for the early Changyu and other trademarks into the listed companies, for Zhang Yu Group of new registered love Fort, Gold Valley and other trademarks, should promptly handle the change registration procedures, the trademark registrant by the group changed to listed companies.  In addition, accounting, the company also has been out of the library has not recognized revenue, some of the inventory of goods not out of the library has recognized the issue of income, the company's 2009.5 Annual report disclosed sales revenue of less than 22.72 million yuan. and company holding subsidiary of Ningxia Changyu Grape Planting Co., Ltd. will 2008 sales of grape income 1.4299 million yuan into 2009, the 2009 sales of grape income of 3.6278 million yuan into 2010, resulting in the company 2009 less sales revenue of 2.1979 million yuan, 2010  Annual sales revenue of more than 3.6278 million yuan.  Shandong Regulatory Bureau also requested that the company must propose practical corrective measures, within 30th will be reported to the rectification report.  Changyu A8 Month 8th evening reported that the monthly report showed that the benefits of high-end series of varieties of sales, price increase, the company's first half net profit of 586 million yuan, an increase of 28.65%, the basic earnings per share of 1.11 yuan. Today, the closing, Zhang Yu a reported at 104.90 Yuan, Rose 1.06%.

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