Xin long holding letter in the fall of SSE report criticized punishment

Source: Internet
Author: User
Every reporter has the sword SSE website announcement, because Xin Dragon Holding (000955, closing price 3.71 yuan) exists The letter wears the lag question, the Shenzhen stock decides to give the company and the related party to inform the criticism the punishment. "Daily economic news" reporter noted that, because of the violation of the above-mentioned violations of the Securities and Futures Commission issued the "Listed Companies information disclosure management measures."  According to past cases, the company will also face the local certification authority punishment. SSE in the announcement that, after identified, Xin long holding the following irregularities: December 2011, Xinlong Holdings and Hainan Chang-yu Real estate and its shareholders signed an agreement to cooperate in the development of land,  and agreed by the Hainan Chang-yu real estate to advance to the company 120 million yuan to bear the project construction costs, to be completed after the project sales from the company should be divided into the project cooperation. December 15, 2011, the company and Hainan Fu Dry Investment signed a loan agreement, agreed to provide Hainan fu dry investment loans of 60 million yuan, the agreement agreed to borrow for 18 months, the annual interest rate of 8%, the first repayment period of 12 months, repayment amount of 30 million yuan. At the same time, the company to Hainan Chang-yu Real estate issued a letter of payment agreed to be receivable 60 million yuan directly paid to Hainan Fu Gan investment.  Hainan Chang-yu Real estate on December 26, 2011 in accordance with the company entrusted payment letter to Hainan Fu dry 60 million yuan.  However, for the above matters, the company did not meet its disclosure obligations until April 26, 2013. SSE found that the above-mentioned acts of Xin Long Holdings violate the exchange of the stock Listing Rules (2012 Amendment), Article 2.1, article 9.2 provisions. Company Directors Guo Kai, Shaoyong, Xu Jikuang, Chen Yu, Jiangjian, as well as directors, chief executive officer and Secretary of the Board of Directors Wei failed to fulfill their duties and perform good faith and diligence obligations to the company's irregularities have an important responsibility.  In view of the above-mentioned irregularities and circumstances, the Shenzhen Stock Exchange decided to give the listed companies and the above-mentioned parties the punishment of the notification of criticism. It is worth mentioning that, Xin Long Holdings just announced on September 14: Because of alleged violations of information disclosure, Hainan Securities Regulatory Bureau decided to investigate the company.  Due to the same information disclosure violations, SSE the results of the company's disposal, does it mean that the Hainan Securities Regulatory Bureau of the company's punishment will also be approaching? The daily economic news reporter notes that this is not the first time the company has breached the law; as early as June 27, 2008, the company has disclosed several irregularities in the two potassium hydrogen phosphate project. In order to understand the details, the reporter has repeatedly dialed the company's contact telephone number, but none answered.

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