On the evening of Beijing Jiaxun Feihong Electrical Co.Ltd(300213) 24, it announced that it had recently received the decision on Issuing warning letters to Beijing Jiaxun Feihong Electrical Co.Ltd(300213) , Lin Jing, Zheng Guixiang and Zhu Ming issued by the Beijing regulatory bureau of the China Securities Regulatory Commission (hereinafter referred to as the “Beijing securities regulatory bureau”).
The warning letter shows that after investigation, there were many trade transactions in Beijing Jiaxun Feihong Electrical Co.Ltd(300213) 2019, and the revenue recognition of did not comply with the accounting standards for business enterprises, resulting in a false increase of revenue of 23.1277 million yuan in 2019, accounting for 1.73% of the operating revenue in 2019 , which violated the provisions of Article 2 of the measures for the administration of information disclosure of listed companies (Order No. 40 of the CSRC).
Beijing Jiaxun Feihong Electrical Co.Ltd(300213) Lin Jing, the then chairman of the board, Zheng Guixiang, the then general manager, and Zhu Ming, the then chief financial officer, failed to fulfill their obligations of diligence and responsibility in accordance with Article 3 of the measures for the administration of information disclosure of listed companies (Order No. 40 of the CSRC), and were mainly responsible for the relevant violations of the company.
According to Article 59 of the measures for the administration of information disclosure of listed companies (Order No. 40 of the CSRC), Beijing securities regulatory bureau takes administrative regulatory measures to issue warning letters to the above-mentioned personnel, and records relevant violations in the integrity archives of the securities and futures market. You should ensure that the information disclosed is true, accurate and complete.
Beijing Jiaxun Feihong Electrical Co.Ltd(300213) said that the regulatory measures will not affect the company’s normal production, operation and management activities. The company will earnestly perform its obligation of information disclosure in strict accordance with the provisions and requirements of relevant laws and regulations, and invite investors to pay attention to investment risks.
According to the company’s website, Beijing Jiaxun Feihong Electrical Co.Ltd(300213) was established in early 1995. In 2011, A-Shares were listed (Stock Code: 300213). Up to now, the registered capital of the company has reached 595 million yuan. At present, the company has built a product line and safe, reliable and economic solutions focusing on Intelligent Command and dispatching, comprehensive monitoring, emergency communication, intelligent disaster prevention, intelligent perception and unmanned system. The products are used in transportation, national defense, energy, government and other industries.
(Zhongxin Jingwei)
