China-Singapore Jingwei Client, February 27th (Dong Wenbo) The supervision of the opening year continued to be strict. In addition to various letters and penalties, the Securities Regulatory Commission directly took action.
As of the last trading day of February (26th), a total of 5 listed companies including *ST Yonglin, *ST Xinyi, Guangzhou Langqi, Beijing Culture, and Tianhai Defense have been investigated by the China Securities Regulatory Commission. 280,000 shareholders.
Data map: China Securities Regulatory Commission.
Photo by Sino-Singapore Jingwei
5 companies including Beijing Culture were investigated
After trading on February 22, *ST Yonglin (formerly Yongan Forestry), which has been listed for nearly 30 years, issued an announcement stating that it had received the "China Securities Regulatory Commission Investigation Notice". Due to suspected violations of information disclosure, the Securities Regulatory Commission decided to take action against the company. File an investigation.
Dated back to May 2020, *ST Yonglin announced the "Decision on Ordering Corrections and Ordering Public Explanation Measures against Fujian Yongan Forestry (Group) Co., Ltd." issued by Fujian Securities Regulatory Bureau, showing that *ST Yonglin passed Inflated revenue, early recognition of revenue, and delayed carry-over of costs resulted in an inflated net profit of 7,800,72.70 yuan in 2016, accounting for 6.41% of the year's net profit; in 2017, an inflated net profit of 27,436,740.10 yuan, accounting for 39.91% of the year's net profit .
The same as *ST Yonglin, were investigated by the China Securities Regulatory Commission for "suspicion of violations of information disclosure", as well as *ST Xinyi, Guangzhou Langqi who was "running" with washing powder, and "The Wandering Earth" "My Hometown and Me" "Beijing Culture" and other film producers.
On the first working day of the beginning of the year (January 4), Beijing Culture suffered a one-word lower limit, and the lower limit was again staged the next day, due to multiple announcements previously issued.
On the evening of January 3, Beijing Cultural Announcement stated that the company received the "Investigation Notice" on December 31, 2020. Due to suspected violations of information disclosure laws and regulations, the Securities Regulatory Commission decided to file an investigation against the company; another announcement on the same day showed that due to financial The letter was inaccurate and the internal control design was flawed. Beijing Culture and related personnel received a warning letter from the Beijing Securities Regulatory Bureau.
The Beijing Securities Regulatory Bureau pointed out that the financial information disclosure of Beijing Culture’s 2018 annual report was inaccurate. The operating income was about 460 million yuan, and the net profit was about 191 million yuan. There were defects in the internal control design and implementation, and the management and advance payment of subsidiaries And there are major problems in the management and control of investment funds and project management.
In addition, after trading on January 25, Tianhai Defense, the first listed ship technology company in A-shares, announced that it had been investigated by the Securities Regulatory Commission for suspected violation of relevant laws and regulations on securities and futures.
On January 26, Tianhai Defense closed down 14.67% to 5.12 yuan, which was cut from the record high of 12.90 yuan set in September 2020, and the total market value fell below 10 billion yuan.
Who can claim?
According to Wind statistics, as of now, the number of shareholders of *ST Yonglin, *ST Xinyi, Guangzhou Langqi, Beijing Culture, and Tianhai Defense are 13,902, 24763, 36720, 86921, and 11,028, respectively. There are 281334 households.
In the stock bar, investors continued to complain about these five companies. Some people called "garbage companies, specializing in defrauding shareholders' money" and "it was scammed by this company"; others said, "I'm trapped, and I can't ride a tiger." , I hope to compensate for my loss!"
Source: stock bar
Which investors can initiate claims?
According to Mr. Xu Feng from Shanghai Jiucheng Law Firm, according to the law and judicial interpretation, preliminary judgment is to buy *ST Yonglin stock before February 23, 2021, and sell or continue after February 23, 2021 Holding investors can initiate claims.
At the same time, Xu Feng believes that investors who bought Beijing Culture stocks between March 22, 2019 and April 29, 2020, and sold or held Beijing Culture stocks after April 29, 2020 and lost money At present, preliminary preparations can be made to file a claim; investors who bought Tianhai Defense stocks before January 26, 2021, and sold or continue to hold Tianhai Defense stocks after January 26, 2021 can initiate claims.
Regarding *ST Xinyi and Guangzhou Langqi, Li Heliang’s lawyers’ team stated that it was initially confirmed that *ST Xinyi’s shares were purchased before May 28, 2020 and sold or held after May 26, 2020. Investors can participate in the claim; investors who bought Guangzhou Langqi before September 27, 2020 (including the day), and sold or held it after September 28, 2020, can file a claim.
(Zhongxin Jingwei APP)
(The opinions in the article are for reference only and do not constitute investment advice. Investment is risky, and you need to be cautious when entering the market.)
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