ST Huichen's latest claim news:
On April 20, 2024, Beijing Huichen Zidao Information Co., Ltd. issued the "Sixth Risk Warning Announcement on the Possible Termination of the Listing of the Company's Shares", which shows:
1. Beijing Huichen Zidao Information Co., Ltd. (hereinafter referred to as the "Company") disclosed the "Announcement on the Implementation of Delisting Risk Warning and Suspension" (Announcement No.: 2023-031) on April 29, 2023, and the company's shares will be subject to delisting risk warning from May 5, 2023. In the event of any of the circumstances specified in the first paragraph of Article 12.4.9 of the Rules Governing the Listing of Stocks on the Sci-Tech Innovation Board of the Shanghai Stock Exchange (hereinafter referred to as the "Listing Rules of the Sci-Tech Innovation Board") or other delisting circumstances stipulated in the Rules, the listing of the Company's shares may be terminated, and investors are advised to pay attention to investment risks.
2. According to the relevant provisions of the Self-Regulatory Guide for Listed Companies on the STAR Market No. 12 - Information Disclosure of Delisting Risk Companies, financial delisting risk companies shall, in accordance with the relevant provisions of the Listing Rules for Stocks on the STAR Market, issue a risk warning announcement that the listing of the stock may be terminated within one month after the end of the accounting year in which the delisting risk warning is implemented. In order to enhance the effect of risk disclosure, financial delisting risk companies should disclose risk warning announcements every 10 trading days after the disclosure of the first risk warning announcement and before the disclosure of the annual report.
3. The company disclosed the "2023 Annual Performance Express" on February 29, 2024, and it is expected that the company will achieve operating income of 539.4392 million yuan in 2023, net profit attributable to the owners of the parent company of -167.2583 million yuan, and owner's equity attributable to the owners of the parent company of 798.2606 million yuan. The above financial data is unaudited, and the final results are subject to the company's 2023 annual report.
4. As of the disclosure date of this announcement, the on-site audit work of the company's annual audit accountant Dahua Certified Public Accountants (Special General Partnership) (hereinafter referred to as "Dahua Firm") has been basically completed, and the relevant working papers are being summarized and analyzed, sorted out and submitted to the internal quality control review, and the follow-up will be based on the internal quality control review opinions to further improve the relevant audit procedures and audit working papers. There are no major differences between the Company and UOB on matters such as material accounting treatment, key audit matters, and the timing of the issuance of audit reports. The company is making every effort to promote the preparation of the 2023 annual report, and continue to improve the content of the annual report to ensure the quality of the annual report and the accuracy and completeness of information disclosure.
Prior to this, Beijing Huichen Zidao Information Co., Ltd. received the Administrative Penalty Decision ([2023] No. 9) issued by the Beijing Supervision Bureau of the China Securities Regulatory Commission on December 22, 2023. After investigation, Huichen shares have the following illegal facts: (1) there are false records in the prospectus, (2) there are false records in the 2020 annual report, (3) there are false records in the 2021 annual report, and (4) there are false records in the 2022 annual report.
The SFC intends to decide:
1. Beijing Huichen Zidao Information Co., Ltd. was ordered to make corrections, given a warning, and imposed a fine of 5 million yuan;
2. He Kanchen was given a warning and fined 3 million yuan;
3. Give Zhao Long a warning and impose a fine of 3 million yuan;
4. Give Xu Jingwu a warning and impose a fine of 2.5 million yuan;
5. Ma Liang was given a warning and fined 2.5 million yuan.
According to the Securities Law and the Several Provisions of the Supreme People's Court on the Trial of Civil Compensation Cases Arising from False Statements in the Securities Market, listed companies shall be liable for civil compensation if their rights and interests are damaged due to illegal information disclosure and misrepresentation, and the injured investors have the right to claim compensation for losses.
The reference conditions for ST Huichen's claim are as follows:
Those who bought 688,500 Huichen shares between July 13, 2020 and April 27, 2023, and sold or held them after April 28, 2023 (inclusive).
The above Huichen share claim registration conditions only represent the views of Xie Baoping's lawyer teamXie Baoping's lawyer team, and are not used as any securities investment decisions and trading suggestions, and are subject to the court's final determination.
Basis for ST Huichen's violation:
On April 27, 2023, Huichen Co., Ltd. received the "Notice of Case Filing" (No. 0142023010 Zheng Jian Case Filing) issued by the China Securities Regulatory Commission due to the company's suspected illegal information disclosure.
On December 7, 2023, Huichen Co., Ltd. received the "Advance Notice of Administrative Punishment" ([2023] No. 17) issued by the Beijing Supervision Bureau of the China Securities Regulatory Commission.
On December 22, 2023, Huichen Co., Ltd. received the Administrative Penalty Decision ([2023] No. 9) issued by the Beijing Supervision Bureau of the China Securities Regulatory Commission.