Hezong Technology (300477.SZ) issued an announcement. The company received the Beijing Securities Regulatory Bureau on November 17, 2023...
According to the Zhitong Finance App, Hezong Technology (300477.SZ) issued an announcement. The company received the “Decision on Ordering the Correction of Administrative Supervision Measures against Beijing Hezong Technology Co., Ltd.” ([2023] No. 229) issued by the Beijing Securities Regulatory Bureau on November 17, 2023.
After investigation, the company issued the “Notice on the Implementation of the Share Repurchase Plan” on November 13, 2023, stating that as of November 10, 2023, the current share repurchase period has expired, and the company has not implemented a repurchase during the repurchase period. The above actions of the company violated the provisions of Article 36 of the “Rules on Repurchase of Shares of Listed Companies”. According to Article 36 of the “Rules for Repurchase of Shares by Listed Companies”, the Beijing Securities Regulatory Bureau takes administrative supervision measures to order corrections against the company and records the relevant irregularities in the integrity file.