On August 16, the news of Jingda Co., Ltd. (600577) and its subsidiaries between 2020 and the first quarter of 2021 occurred non-operating capital transactions with Jingda Group without the substance of the transaction.
Among them, in 2020, the company and its subsidiaries directly disbursed 140 million yuan to Jingda Group, and the subsidiaries indirectly disbursed 370 million yuan to Jingda Group, with a total of 510 million yuan, accounting for 13.03% of the company's audited net assets at the end of 2019; from January to March 2021, the company and its subsidiaries directly disbursed 35.50 million yuan from Jingda Group, accounting for 0.90% of the company's audited net assets at the end of 2019.
According to the SSE, There were large capital transactions between Jingda Shares and the related party Jingda Group, and the total amount of related party transactions accounted for 13.93% of the company's audited net assets in the previous year, which met the deliberation standards of the shareholders' general meeting and should be disclosed in a timely manner. However, the company's above-mentioned capital transactions did not perform the deliberation procedures of the shareholders' general meeting in accordance with the related party transactions, nor were they disclosed in a timely manner, and they were not announced until the disclosure of the 2020 annual report.
The SSE said that the above-mentioned acts violated relevant regulations and criticized chairman Li Xiao, general manager Chen Bin, then financial director Chu Zhongjing, and then secretary of the board of directors Hu Kongyou. The above-mentioned disciplinary sanctions are recorded in the creditworthiness file of the listed company.
In addition, as of December 31, 2020, Jingda shares have received 467 million yuan of dismantling funds. As of March 15, 2021, the Company has received $45.00 million of the remaining funds and $35.50 million of new funds after the period, and has received interest on all the funds of $2.4606 million. All of the above-mentioned funds have been returned.
This article originated from the digging shell network