blockchainearninggames| Zhongtai Chemical: Receiving the administrative penalty decision will be implemented with other risk warnings

News summary

[Zhongtai Chemical: Other risk warnings will be implemented upon receipt of the administrative penalty decision] Securities Times e Company News, Zhongtai Chemical (002092) announced on the evening of May 17 that the company and relevant responsible persons received the announcement from the Xinjiang Securities Regulatory Bureau on May 17.blockchainearninggamesThe "Administrative Penalty Decision" was found to be Zhongtaiblockchainearninggames...

Newsletter text

[Zhongtai Chemical: Other risk warnings will be implemented when receiving the administrative penalty decision] Securities Times e Company News, Zhongtai Chemical (002092) announced on the evening of May 17 that the company and relevant responsible persons received the "Administrative Penalty Decision" issued by the Xinjiang Securities Regulatory Bureau on May 17. It was found that there were false records in Zhongtai Chemical's 2022 annual report; The related transactions occupied by non-operating funds by the controlling shareholder and its related parties were not disclosed in a timely manner, and there were major omissions in the 2021 and 2022 annual reports; there were false records and major omissions in the annual reports disclosed in the duration of the corporate bonds and debt financing instruments involved in the case, and the information disclosure in the relevant bond prospectus was inaccurate. The Xinjiang Securities Regulatory Bureau decided to order the company to make corrections, give a warning, and impose a fine of 5 million yuan; warn the relevant parties and impose fines of varying amounts. The company's shares will be suspended for one day on May 20. Trading will resume on May 21 and will be subject to other risk warnings. The stock abbreviation will be changed from "Zhongtai Chemical" to "ST Zhongtai". The daily price limit for stock trading will be 5%.