Century Dingli (300050.SZ) announced that the company recently received the China Securities Regulatory Commission from the Guangdong Regulatory Bureau...
Zhitong Finance App News, Century Dingli (300050.SZ) announced that the company recently received the China Securities Regulatory Commission's Guangdong Regulatory Authority (“Guangdong Securities Regulatory Bureau”)'s “Decision on Issuing Warning Letter Measures against Zhuhai Century Dingli Technology Co., Ltd., Li Tao, Xu Zequan, and He Xuan”. The relevant information is now announced as follows:
“Zhuhai Century Dingli Technology Co., Ltd., Li Tao, Xu Zequan, He Xuan: According to the “Listed Company Site Inspection Rules” (Securities Regulatory Commission Notice [2022] No. 21) and other regulations, our bureau conducted an on-site inspection of Zhuhai Century Dingli Technology Co., Ltd. and found that the company had the following problems: In 2021, Century Dingli cooperated with Sichuan Changjiang Vocational College (Changjiang University) and Changchun Vocational Technical College (Changchun Vocational College) all showed signs of depreciation. The company did not conduct impairment tests on cooperative education projects run by Yangtze River University and Changchun Vocational College, which led to a reduction in depreciation in 2021 Preparation RMB 34.4021 million, accounting for 2.49% of the absolute value of the company's total profit in 2021. The above situation does not comply with the provisions of Article 3 (1) of the “Administrative Measures on Information Disclosure of Listed Companies” (Securities Regulatory Commission Order No. 182, same below) and Article 5 (5), “Accounting Standard for Enterprises No. 8 - Asset Impairment”, and sections 6 and 15.
Li Tao, as the chairman of the company, Xu Zequan as the secretary of the company's board of directors, and He Xuan, as the company's financial director, failed to fulfill the obligation of diligence and due diligence in accordance with the provisions of Article 4 of the “Administrative Measures on Information Disclosure of Listed Companies”, and each bears the main responsibility for the company's related irregularities. According to the provisions of Article 52 of the “Administrative Measures on Information Disclosure of Listed Companies”, our bureau has decided to take administrative supervision measures to issue a warning letter against you. You should carefully learn lessons, effectively raise awareness of carrying out duties in accordance with the law, strengthen your study of securities laws and regulations, and prevent such problems from happening again. At the same time, the company shall share internal responsibilities with the relevant responsible personnel, submit the company's rectification report and internal accountability report to our bureau within 30 days of receipt of this decision, and copy it to the Shenzhen Stock Exchange.