Two needles for 3 consecutive years of false increase in profits by the SFC punishment

Source: Internet
Author: User
NetEase Financial July 16 news on both sides of the Friday night notice said that the SFC to investigate the case, that the company's illegal facts, give warning, and a fine of 600,000 yuan, the relevant party responsible are given warning, and sentenced to a total of 630,000 yuan fine. The bulletin shows that the SFC on the two-pin case investigation has now been investigated, the end of the trial, the company's 2003 annual report to increase income and profits, 2004 by the early confirmation of the transfer of equity and less advertising costs of the way to increase profits 93,713,487.10 Yuan  In 2005, by means of less advertising costs, the virtual increase in profits of 58,326,200.70 Yuan.  It is reported that the two needles were disclosed on February 14, 2007, the company for alleged disclosure of information violations by the SFC filed for investigation. As of July 16, the two needles were quoted at 6.59 Yuan, up 1.38%.

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