On the evening of December 23, Misho Ecology & Landscape Co.Ltd(300495) announced that Wang Yingyan, the company’s controlling shareholder and actual controller, recently received the notice of filing a case issued by the CSRC. The company and its controlling shareholders decided to file a case against the company and Wang Yingyan on December 3 in accordance with relevant laws and regulations due to illegal information disclosure.
According to the data, Misho Ecology & Landscape Co.Ltd(300495) fell by the limit at the opening on December 24. As of the noon closing, it fell by more than 7%, leaving a market value of only 1.895 billion yuan. Since the beginning of the year, the company’s share price has been cut.
the inquiry letter of semi annual report has not been answered 10 times
On the evening of December 23, Misho Ecology & Landscape Co.Ltd(300495) again issued the announcement of partial reply and delayed reply to the inquiry letter of the semi annual report, which mainly replied to the impact of accounting errors on the completion of the performance commitment of Jindian garden, and whether the correction of accounting errors caused by fund occupation can eliminate the impact of matters that cannot be expressed in the annual review.
According to the announcement, Misho Ecology & Landscape Co.Ltd(300495) semi annual inquiry letter involves 24 questions. Since September 6, the company has replied to relevant questions in 10 times. However, due to the large amount of data involved in the remaining questions in this inquiry letter, the company needs to verify item by item and the audit institution needs to verify and express opinions. Therefore, the company will delay completing the reply and disclosure of some questions involved in the inquiry letter of semi annual report before December 30, 2021. Source: company announcement
delayed reply by * ST progress
In addition, Misho Ecology & Landscape Co.Ltd(300495) is also “not positive” in the description of relevant matters and progress disclosure of other risk warnings.
On April 30, Misho Ecology & Landscape Co.Ltd(300495) disclosed the announcement on the situation of delisting risk warning superimposed on other risk warnings and suspension of trading of the company’s shares. The announcement shows that as of the announcement date, the controlling shareholders and related parties of the company occupied 895 million yuan of the company, and there is no feasible solution for the time being. The company has touched on other risk warnings. Because the company has delisting risk warnings and other risk warnings at the same time, the company’s shares have been preceded by “* ST” since the opening of the market on May 7, 2021.
On November 15, the management department of gem issued a concern letter, pointing out that according to relevant regulations, Misho Ecology & Landscape Co.Ltd(300495) should disclose the progress announcement at least once a month until the corresponding situation is eliminated. The company disclosed the progress announcement of the implementation of other risk warnings on the company’s shares on June 9, July 1 and October 8 respectively, but did not disclose the relevant progress in August and September and the progress in November. The management department has repeatedly urged the company to timely fulfill the obligation of information disclosure.
On December 14, Misho Ecology & Landscape Co.Ltd(300495) announced that the company received the return of 20 million yuan of occupied funds from the controlling shareholder. As of the disclosure date of the report, the controlling shareholders had returned a total amount of 416 million yuan to the listed company, and the balance of funds occupied by the controlling shareholders to the listed company was 575 million yuan, accounting for 24.53% of the latest audited net assets.
(China Securities Journal)
