Summary
[*ST Fenghua may be terminated from listed shareholders and punished for long-term concealment of the concerted action relationship]*ST Fenghua disclosed on the evening of June 1 that the company may be terminated from listing. The announcement stated that the company had applied to the Shanghai Stock Exchange on April 26, 2022 to withdraw the company’s stock delisting risk warning, and received the “Annual Report Inquiry Letter” issued by the Shanghai Stock Exchange on April 29. The company stated that it is currently actively coordinating and organizing relevant parties to promote the reply to the “Annual Report Inquiry Letter”, and strive to complete the reply as soon as possible and fulfill the obligation of information disclosure in a timely manner. After the company replies to the relevant announcement, the Shanghai Stock Exchange will decide whether to revoke the delisting risk warning on the company’s shares as the case may be. If the company’s application for revoking the delisting risk warning is not approved by the Shanghai Stock Exchange, it will involve a delisting situation. (China Securities Journal)
*ST FenghuaOn the evening of June 1, it was disclosed that the company may be terminated from listing.
announcementSaid that the company has sent to Shanghai on April 26, 2022securitiesThe exchange applied for the cancellation of the company’s stock delisting risk warning, and at the same time received the “Annual Report Inquiry Letter” issued by the Shanghai Stock Exchange on April 29. The company stated that it is currently actively coordinating and organizing relevant parties to promote the reply to the “Annual Report Inquiry Letter”, and strive to complete the reply as soon as possible and fulfill the obligation of information disclosure in a timely manner. After the company replies to the relevant announcement, the Shanghai Stock Exchange will decide whether to revoke the delisting risk warning on the company’s shares as the case may be.If the company withdraws the application for delisting risk warning and is not accepted by ShanghaisecuritiesThe exchange agreed that the delisting situation will be touched.
The company disclosed on the same day that the Shanghai Stock ExchangeshareholderXie Xian and his concerted actors publicly condemned the disciplinary decision.
Xie Xian and his acting-in-concert parties concealed the relationship of acting in concert for a long time, resulting in inaccurate and incomplete disclosure of relevant information; when the total shareholding reached 5%, 10%, and 15% of the company’s issued shares, they did not stop trading the company’s shares. , and did not prepare and disclose the report on changes in equity in a timely manner; after the total shares held by the company reached 5% of the company’s issued shares, and the proportion of shares held increased by 1%, the information disclosure obligation of the reminder announcement was not performed in a timely manner. It was not until January 4, 2022 that the company released a correction announcement, explaining the real situation of the concerted action person and the change in the specific shareholding ratio. The Shanghai Stock Exchange issued a document on June 1 to make a disciplinary decision: Xie Xian, a shareholder of Shanghai Fenghua (Group) Co., Ltd. and its concerted actors Dong Youqun, Dong Youzhen, Zhoushan Yixin Financial Consulting Partnership (Limited Partnership), Li Haineng, Tang Haisheng, Jin Lumei, Zhang Yingying, Sun Xiuhui, Yu Xiaohui, Cao Yanhong, Mao Jingjing, Le Yaomei, Feng Xing, Xia Na, Xie Yi, and Zhoushan Changliu Goyuan Financial Consulting Co., Ltd. publicly condemned.
(Article source: Chinasecuritiesnewspaper)