In the beginning of the year, 33 tickets were issued.
In the beginning of the year, the company issued 33 tickets to the stock transfer system to keep tabs on the violation of the letter. Our reporter Jiang Shi Qiang reported from Beijing on February 20th, Rainbow Light (834226.
OC), Easy Dentsu (837703.
OC) Collective listed companies have adopted self-regulatory measures to issue warning letters after receiving the stock transfer system, which are all related to information disclosure.
This is not a case.
The day before, Jiadong Optics (836850.
OC) Due to the use of the raised funds in advance and information disclosure violation regulations in the temporary announcement, the company has just adopted self-regulatory measures by issuing a warning letter.
”The reason for the strict and standardized information disclosure of listed companies in the stock transfer system is also related to the NEEQ market itself. At present, there are a large number of companies listed in the market, and the information disclosure is not sufficient. There is still room for improvement in practical standardization.
“On February 20th, Fu Lichun, director of Northeast Securities Research, told the 21st Century Business Herald reporter.
According to incomplete statistics from 21st Century Business Herald reporters, since February this year alone, seven listed companies have been issued tickets for self-regulatory measures.
The continuous transfer of stock transfers violates the “share transfer system’s strict requirements for listed companies’ letter work, which should be good for our subsequent development.
The self-regulatory measures will not have an impact on the company’s financial status and operations. At present, the company is promoting the delisting plan and is proceeding in an orderly manner.
“On February 20, a person from the Jiadong Optics Board of Directors told the 21st Century Business Herald reporter.
According to its introduction, the company has made rectifications in accordance with the requirements of the state-owned company, and has reviewed the illegal use of the raised funds at the 2018 board of directors and shareholders meeting.
Extend the statistical cycle from 2019 to the present. Until February 20, the stock transfer system has issued 45 self-regulatory measures for violations, of which 33 have involved information disclosure issues.
In fact, regulating the information disclosure of listed companies has also been a priority for regulators.
According to the reporter’s understanding, in addition to Jiadong Optics, in February there was Shandong Kenai (834900).
OC), billion Xintong (430151.
OC), Huamian Clothing (836462.
OC) and other 6 listed companies were adopted self-regulatory measures by the stock transfer system.
Several other companies have issues involving billions of non-compliance arrangements and information disclosure obligations in accordance with the Restructuring Measures and Huamian Garment have not disclosed the capital occupation of shareholders and actual controllers in a timely manner.
In the case of Yixintong, in one of its asset sales in 2017, the proportion of the audited net assets at the end of 2016 of the consolidated company exceeded 50% and accounted for more than 30% of the total assets. According to regulations, it constituted a major asset reorganization.The company did not follow the supplementary procedures and information disclosure obligations of the Reorganization Measures and other relevant regulations.
It is worth mentioning that in addition to listed companies, Oriental Citi Securities and Lianda Certified Public Accountants have also adopted self-regulatory measures in the stock transfer system.
Single institution violations are related to Yindu Media (430230.
According to the disclosure, Yindu Media was pointed out by the stock transfer system that incomplete related party disclosures, untrue revenue disclosures, undisclosed related party fund occupations, untrue disclosure of use of raised funds, and failure to re-associate transactions and reveal in a timely manner.
Therefore, during the practice of Oriental Citi Securities, there are irregular procedures for the verification of related parties and related transactions, failure to perform due diligence in verifying the authenticity of income, failure to pay attention to abnormal changes in raised funds, and supervision and supervision of Yindu Media to promptly correct information disclosure violationsIssues 杭州夜网论坛 such as issues; Lianda Certified Public Accountants did not perform adequate audit procedures on related party relationships and their transactions, did not maintain control over inquiry letters, and obtained inadequate audit evidence.
Xinpi is still the key issue. In terms of the 45 “tickets”, the most relevant reason is the issue of information disclosure.
Specifically, including the controlling shareholder of the listed company, the actual controller occupies the funds of the listed company and its subsidiaries through borrowing, etc., and the listed company has not released its information disclosure obligations; when the listed company is undergoing a major reorganization, it has notPrescribed procedures and information disclosure obligations; listed companies provide external guarantees, unfinished replacement procedures and information disclosure obligations, 佛山桑拿网 etc.
”There are tens of thousands of companies listed on the New Third Board. Each company’s size and degree of publicity vary widely, and the quality is also uneven. Regulating information disclosure is of great significance to investor protection, and therefore requires great attention.
“A Beijing private equity partner pointed out.
In fact, the regulation of the information disclosure system of listed companies and the further improvement of the stock transfer system are being promoted step by step.
As of the end of 2017, the new share reform system has issued a new letter. The relevant person in charge of the share reform system has also pointed out that since 2016, the New Third Board has gathered many high-quality enterprises at the innovation level through the implementation of market segmentation, and investors are focusing on the innovation level.As the demand for information disclosure quality continues to increase, a large number of innovative companies also expect to disclose information more fully, and further increase mutual trust with investors to improve financing efficiency.
Therefore, it is necessary to adjust the existing system to match the market segmentation and the differentiated needs of a series of different market entities.
Aiming at the differentiated letter letter, the national stock transfer company has launched special letter letter guidelines for the software and information technology service industry, pharmaceutical manufacturing, environmental governance and other industries.
”Equity-to-equity swaps point out that we need to prepare personalized information disclosure and differentiated information disclosure systems. From the overview of various industries, the specific content has added many terms that are suitable for companies in the industry, which greatly enhances the information disclosure industry.Pertinence and rationality enable companies to target.
“Senior institutional sources point out.
”The current rules and systems of Xinpi are indeed in need of improvement and are very urgent.
The most fundamental violation of information disclosure is the violation of investors’ right to know.Only when the company fully discloses its assets and debts, profits and equity, industry and development prospects, can investors make their investment decisions correctly.
Fu Lichun said.