Chinanews.com, June 24, according to the website of the China Securities Regulatory Commission, the Securities Regulatory Commission recently made administrative penalties and market ban decisions on the information disclosure violations of Zhangzidao Company, and issued a warning to Zhangzidao Company and imposed a fine of 600,000 yuan. 15 fines ranging from 30,000 yuan to 300,000 yuan were imposed on the 15 responsible persons, and four major responsible persons were banned from the market for 5 years to a lifetime.
Data map: China Securities Regulatory Commission. China News Agency reporter Zhang Hao
When Zhangzidao Company had lost money for two consecutive years in 2014 and 2015, it objectively used the characteristics of the seabed inventory and the difficulty of finding, investigating, and verifying the harvesting situation, and did not carry out cost transfer based on the actual harvested sea area. , Leading to severe distortions in the financial report. In 2016, profit was disclosed as a profit from losses by means of less cost records and non-operating expenses. In 2017, the sea areas that had been captured in the previous year were included in the write-off sea areas or impaired sea areas, exaggerating the loss.
In addition, Zhangzidao Company was also involved in a number of illegal facts such as the untrue disclosure in the Year-end Inventory Report and the Verification Announcement, the unauthentic disclosure in the autumn test, and the untimely disclosure of performance changes. , Seriously damage the interests of investors, and the social impact is extremely bad.
The verification of the case of Zhangzidao Company involved the traceability of the whole process of the records of bottom sowing, fishing, transportation and sales of deep-sea aquaculture products. The CSRC coordinated law enforcement forces, visited fisheries supervision, aquatic research and other departments to seek professional support, and carried out comprehensive and in-depth investigations relying on scientific and technological law enforcement methods.
Zhangzidao Company’s monthly carry-over of shrimp scallop cost is based on the fishing area of the month. In the case where no daily harvesting area records can be verified, the CSRC has used satellite positioning data to provide millions of the company’s 27 fishing vessels. Analyze the maritime navigation positioning data, and entrust two third-party professional organizations to use computer technology to restore the true navigation trajectory of the capture vessel, restore the company’s real capture sea area in the past two years, and then determine the actual capture area, and confirm accordingly Zhangzidao Company's costs, non-operating expenses, and profits are false.