Zitian Technology (300280.SZ) issued an announcement. The company received the China Securities Regulatory Authority on April 30, 2024...
According to Zhitong Finance App, Zitian Technology (300280.SZ) issued an announcement. On April 30, 2024, the company received the administrative supervision measures decision “Decision on Issuing Warning Letter Measures against Fujian Zitian Media Technology Co., Ltd. and Song Qing and LIXIANG (Li Xiang)” ([2024] No. 19) issued by the Fujian Regulatory Bureau of the China Securities Regulatory Commission.
According to reports, the 2023 annual report disclosed by the company on April 30, 2024 shows that the company's net profit (hereinafter referred to as net profit) attributable to shareholders of listed companies in 2023 - 1.21 billion yuan. The company's net profit in 2022 was 170 million yuan and a large loss in 2023. According to section 6.2.2 of the “Shenzhen Stock Exchange GEM Stock Listing Rules (revised in August 2023)”, the performance forecast should be carried out within one month from the end of the fiscal year. As of January 31, 2024, the company has not disclosed the 2023 annual results forecast.
Zitian Technology's above situation violates the provisions of Article 17 of the “Administrative Measures on Information Disclosure of Listed Companies” (Securities Regulatory Commission Order No. 182, hereinafter referred to as the “Administrative Measures”). According to Article 51 of the Administrative Measures, Song Qing, then chairman of the company, and LIXIANG (Li Xiang), the head of accounting work, failed to be diligent and conscientious and bear the main responsibility for the above issues.
According to Article 52 of the Administrative Measures, the Fujian Securities Regulatory Bureau decided to take administrative supervision measures to issue warning letters against Zitian Technology, Song Qing, and LIXIANG (Li Xiang), and record them in the securities and futures market integrity file database.