The violation of guarantees was not disclosed in a timely manner and measures were taken to eliminate the impact on Yihua Health and related parties receiving supervision letters_ Oriental Fortune Net

On February 23, the Second Department of Management of Listed Companies in Shenzhen Stock Exchange issued a statement to theYihua Healthand relevant parties to issue supervision letters. After investigation,Yihua HealthOn January 8, 2022, the “Indicative Notice Regarding the Company’s Violation of External Guarantees and the Possible Implementation of Other Risk Warnings for Stock Transactions”announcement”, the company issued a “Guarantee Letter” to Du in March 2019, as a holding companyshareholderYihua Group and Du Mou signed a loan of 150 million yuancontractProvide joint and several liability guarantee,Yihua HealthThe deliberation procedures and information disclosure obligations were not performed in a timely manner with respect to the above guarantees. After the above-mentioned violation of guarantee occurred, Yihua Group and its actual controller Liu Shaoxi, as the main responsible persons, failed to take timely measures to eliminate the impact. On January 21, 2022, Yihua Health disclosed in an announcement that the above-mentioned violation guarantee responsibility has been lifted. The above actions of Yihua Health, Yihua Group and Liu Shaoxi violated the relevant regulations of the Shenzhen Stock Exchange. Shenzhen Stock Exchange requires Yihua Health and relevant parties to pay full attention to the above problems, learn lessons, and make rectifications in a timely manner to prevent the above problems from recurring.

(Article source: ChinasecuritiesReport · China Securities Network)

Article source: China Securities Journal China Securities Network

Responsible editor: 91

Original title: Unauthorized guarantees were not disclosed in a timely manner and measures were taken to eliminate the impact on Yihua Health and relevant parties receiving supervision letters