Zhengzhou Sino-Crystal Diamond Co.Ltd(300064)
Securities code: 300064 securities abbreviation: * ST King Kong Announcement No.: 2022-012 Zhengzhou Sino-Crystal Diamond Co.Ltd(300064)
Announcement on compulsory measures taken against legal representative and Chairman
The company and all members of the board of directors (except director Guo Liuxi) guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Risk warning: Zhengzhou Sino-Crystal Diamond Co.Ltd(300064) (hereinafter referred to as “the company”) the chairman has changed this time, but the fundamentals of the company remain unchanged. The 2020 financial statements and notes to the financial statements have been issued with an audit report that cannot express opinions. The delisting risk warning has been implemented since the opening of the company’s shares on April 28, 2021. Up to now, the matters that cannot express opinions have not been eliminated. At present, the company still has the following delisting risks: 1. The company expects the owner’s equity attributable to the shareholders of the listed company to be – 1 million yuan to – 500 million yuan by the end of 2021. If the audited net assets at the end of 2021 are negative, or the net assets in 2021 are negative after retroactive restatement, the listing of the company’s shares will be terminated in accordance with Item 2 of article 10.3.10 of the rules for the listing of shares on the gem of Shenzhen Stock Exchange (hereinafter referred to as the “Listing Rules”).
2. If the company’s 2021 financial report is issued with qualified opinions, unable to express opinions or negative opinions, the listing of the company’s shares will be terminated in accordance with Item 3 of article 10.3.10 of the listing rules.
3. At present, the company has not appointed an audit institution for 2021. The company will select and appoint an audit institution for 2021 as soon as possible to promote the audit work in 2021. If the company cannot disclose the true, accurate and complete annual report guaranteed by more than half of the directors before April 30, 2022, the listing of the company’s shares will be terminated in accordance with Item 4 of article 10.3.10 of the listing rules.
4. As of February 18, 2022, the closing price of the company’s stock was 1.49 yuan / share, and the daily rise and fall of the company’s stock trading was limited to 20%. If the closing price of the listed company’s shares is lower than 10.1 yuan for the first consecutive day, the company will terminate the trading of shares according to Article 20.1 of the listing rules.
5. The China Securities Regulatory Commission (hereinafter referred to as the “CSRC”) filed an investigation into the company on suspicion of illegal information disclosure. On August 13, 2021, the company received the “bank guarantee” issued by China Securities Regulatory Commission
Zhengzhou Sino-Crystal Diamond Co.Ltd(300064) advance notice of political punishment and market Prohibition (punishment Zi [2021] No. 65) (hereinafter referred to as the “advance notice”). The retroactively adjusted financial statements may touch the situation of major illegal compulsory delisting stipulated in Item (III) of Article 4 of the measures for the implementation of major illegal compulsory delisting of Listed Companies in Shenzhen Stock Exchange, and the company’s shares may be subject to major illegal compulsory delisting. The company shall verify the facts and financial data suspected of violating the law in the advance notice, and the final result shall be subject to the formal decision issued by the CSRC. Up to now, the company has not obtained the confirmed major accounting error or false record certificate, and has not retroactively adjusted the previous annual periodic report. This matter may affect the accuracy of the performance forecast. The company will continue to pay attention to it and disclose relevant information in time after receiving the formal punishment decision.
According to article 10.1.5 of the listing rules, if a listed company has more than two situations of termination of listing, the shares will be terminated in accordance with the principle of first touch, first application.
Please pay attention to investment risks.
The company received a notice on February 18, 2022 that Mr. Guo Liuxi, the legal representative and chairman of the company, was taken compulsory measures by the public security organ according to law for the crime of not disclosing important information in violation of regulations, and the relevant matters need to be further investigated by the public security organ.
Up to now, the operation of the company is normal. The company held an emergency meeting of the board of directors on the night of February 18, 2022. The directors attending the meeting unanimously agreed to remove Mr. Guo Liuxi from the chairman and no longer act as the Secretary of the board of directors, and elect Ms. Liu Miao as the chairman and act as the Secretary of the board of directors. For details, please refer to the relevant announcements disclosed on the same day of this report. The management of the company will strengthen operation and management to ensure the normal operation of the company’s business activities. The company will continue to pay attention to the progress of the above matters and perform the obligation of information disclosure in a timely manner in strict accordance with the provisions and requirements of relevant laws and regulations.
The company solemnly reminds investors that all information of the company is available in the securities times, China Securities News, Shanghai Securities News and cninfo (www.cn. Info. Com. CN.) The information disclosed on the shall prevail.
It is hereby announced.
Zhengzhou Sino-Crystal Diamond Co.Ltd(300064) board of directors
February 20, 2022
