It was announced on December 22 that the company recently received the decision on Issuing warning letters to Yoozoo Interactive Co.Ltd(002174) and Xu Fenfen, Chen Fang and Fei Qing issued by Fujian regulatory bureau of China Securities Regulatory Commission:
After investigation, the company failed to disclose information in time as required: on April 29, 2021, the company disclosed the announcement on the revision of 2020 performance forecast, which revised the expected net profit in 2020 downward to -187715800 yuan. Compared with the performance forecast disclosed on January 29, 2021, the nature of profit and loss has changed and the amount of difference is large. The above announcement said that the reason for the correction was that the fair value of the subject matter of foreign investment could not be estimated during the previous performance measurement. In fact, on April 19, 2021, the financial personnel of the company have obtained the income statement and balance sheet of the subject matter of relevant foreign investment. The company failed to timely account for the changes in the fair value of the investment subject matter, resulting in the disclosure of the above performance amendments as late as April 29.
Xu Fenfen, as the company’s chairman, Chen Fang as the company’s general manager and Fei Qing as the company’s then chief financial officer, failed to fulfill the obligation of diligence and responsibility, and assumed the main responsibility for the above violations. According to Article 59 of the administrative measures, Fujian securities regulatory bureau decided to take the supervision and management measures of issuing warning letters to the company, Xu Fenfen, Chen Fang and Fei Qing, and record them in the integrity archives database of the securities and futures market.
(interface News)
