Kehui Co., Ltd. (688681.SH) issued an announcement. The company received the China Securities Regulatory Commission on November 15, 2023...
According to the Zhitong Finance App, Kehui Co., Ltd. (688681.SH) issued an announcement. On November 15, 2023, the company received the “Decision on Administrative Supervision Measures” ([2023) No. 85) issued by the Shandong Regulatory Bureau of the China Securities Regulatory Commission and the Shandong Regulatory Bureau. The Shandong Regulatory Bureau decided to issue a warning letter against the company and related personnel.
After investigation, the company has the following problems: 1. The management and use of raised funds is irregular, and the disclosure of relevant information is inaccurate. Since June 2021, the accounts used by the company to purchase wealth management products using raised funds have all been general settlement accounts. The funds raised have not been stored in special accounts for centralized management and use, and capital raised accounts and actual use of funds have not been accurately disclosed. 2. Disclosure of government subsidy matters was not timely. In July 2021, the company received approval from the relevant departments regarding the 10 million government subsidy. The above subsidy was profit-related and accounted for 18.18% of the audited net profit of the most recent fiscal year, but the company did not disclose the government subsidy in a timely manner.
The above acts violate the provisions of Article 4, Article 11 (1), Article 11 (1) (1) of the “Supervisory Requirements for the Management and Use of Funds Raised by Listed Companies” (CSRC Notice (2012) No. 44), Article 5, Article 12 (1), and “Administrative Measures on Information Disclosure of Listed Companies” (CSRC Order No. 182), Article 3 (1), Article 22 (1), and (2) (12).
Xu Bingyin as then-chairman, Yan Tingchun and Wang Junjiang as then-general managers, Zhu Yijun as then-chairman and board secretary, and Qin Xiaolei as then-board secretary, and Qin Xiaolei as then-board secretary, were mainly responsible for related irregularities. According to the provisions of Article 51 (2) and Article 52 of the “Administrative Measures on Information Disclosure of Listed Companies” (Order No. 182 of the Securities Regulatory Commission), the Shandong Regulatory Bureau decided to take administrative supervision measures to issue warning letters against them and include the relevant situation in the securities and futures market integrity file database.