China Network Financial News, on December 7, Daya Shengxiang issued an announcement on receiving a warning letter from the Jiangsu Securities Regulatory Bureau, because of the existence of two violations of the letter is inaccurate and the accounting is not standardized, Daya Shengxiang was issued a warning letter by the Jiangsu Securities Regulatory Bureau, and was recorded in the integrity file of the securities and futures market.
After investigation, the Daya Icon has the following irregularities:
First, the remuneration disclosure of directors, supervisors and senior management in 2019 is inaccurate. When the Company disclosed the "Remuneration of Directors, Supervisors and Senior Management" in its 2019 Annual Report, it did not include the bonus of convertible bonds issued by the Company to Directors, Supervisors and Senior Management such as Chen Xiaolong, Xiao Min, Chen Gang, Shen Longqiang, Xu Yongsheng and Wang Yong in July 2019, which did not comply with Article 55 of the Guidelines for the Content and Format of Information Disclosure of Companies Publicly Offering Securities No. 2 - Content and Format of Annual Reports (CSRC Announcement [2017] No. 17).
Second, financial management and accounting are not standardized. The company's expense reimbursement did not strictly implement the provisions of Article 4 of the company's "Financial Reimbursement System", there was a problem of untimely reimbursement and inter-period accounting, which did not conform to the accounting principle of accrual accounting, and violated the provisions of Article 9 of the Accounting Standards for Business Enterprises - Basic Standards (Decree No. 76 of the Ministry of Finance). The above-mentioned acts of the Company led to inaccurate information disclosure in the Company's relevant periodic reports, which violated the provisions of Articles 2 and 21 of the Administrative Measures for Information Disclosure of Listed Companies (Order No. 40 of the CSRC).
In accordance with Article 59 of the Measures for the Administration of Information Disclosure of Listed Companies (Order No. 40 of the Csrc), the Jiangsu Securities Regulatory Bureau decided to take administrative supervision measures against Daya Shengxiang by issuing a warning letter and recorded it in the integrity file of the securities and futures market. Companies should seriously learn lessons, improve compliance awareness, strengthen internal management, improve the quality of information disclosure and standardize the level of operation, and prevent the recurrence of such incidents.
Daya Shengxiang said that after receiving the warning letter, the company attaches great importance to the problems pointed out in the warning letter, and the company will effectively strengthen the study of relevant laws and regulations and normative documents such as the "Measures for the Administration of Information Disclosure of Listed Companies", strictly follow the requirements of the information disclosure norms of listed companies, fulfill the obligation of information disclosure in accordance with the law, continuously improve the quality of the company's information disclosure, put an end to the recurrence of such incidents, safeguard the interests of the company and all shareholders, and promote the healthy, stable and sustainable development of the company.
According to public information, Daya Shengxiang was founded in 1999, and in June of the same year, Daya Shengxiang was listed on the Shenzhen Stock Exchange. The company takes wood-based panels and flooring as its main business, and has built a green industrial chain covering the upstream and downstream of the forest industry covering resources, substrates, factories, research and development, design, marketing, service and other major links.
In September 2020, due to the transfer and termination of the company's equity transfer, the actual controller of Daya Shengxiang controlled the company undergone major changes, but Daya Shengxiang did not perform the corresponding information disclosure obligations in accordance with the regulations, and received a warning letter from the Jiangsu Securities Regulatory Bureau.
According to the financial report, in the first nine months of 2021, the operating income of Daya Shengxiang was 6.136 billion yuan, up 31.79% year-on-year; the net profit attributable to the mother was 479 million yuan, up 12.07% year-on-year; the deduction of non-net profit was 445 million yuan, up 9.07% year-on-year; among them, in the third quarter of 2021, the company's single-quarter main revenue was 2.573 billion yuan, up 21.6% year-on-year; the single-quarter net profit attributable to the mother was 178 million yuan, down 34.03% year-on-year. In a single quarter, the non-net profit was 173 million yuan, down 34.63% year-on-year; the debt ratio was 33.54%, the investment income was 25.9886 million yuan, the financial expense was 30.902 million yuan, and the gross profit margin was 26.95%.
As of noon on the 8th, Daya Shengxiang reported 12.42 yuan / share, a decline of 0.96%, with a total market value of about 6.8 billion yuan.
