In 2022, the first delisted shares are set, and 24000 shareholders may not sleep.
On March 22, Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) announced that the financial indicators from 2018 to 2020 had actually touched the relevant delisting regulations due to the company’s false increase in operating revenue in 2018 and 2019, and the Shanghai Stock Exchange decided to terminate the listing of the company’s shares. The company’s shares will enter the delisting consolidation period from March 30.
Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) forced delisting in violation of major laws
became the first delisted share in the year
On March 22, Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) released the announcement that the company’s shares entered the delisting consolidation period. The announcement said that according to the facts identified in the decision on administrative punishment (No. [2022] 4) of China Securities Regulatory Commission, Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) had falsely increased operating income in 2018 and 2019. After deducting the falsely increased operating income, the actual operating income of the company for three consecutive fiscal years in 2018, 2019 and 2020 was less than RMB 10 million, and the financial and accounting report of 2020 was issued with qualified audit report.
Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) the above-mentioned financial fraud has caused the company’s financial indicators from 2018 to 2020 to actually touch the situation of major illegal compulsory delisting stipulated in Article 4 (3) of the original measures for the implementation of major illegal compulsory delisting of listed companies on Shanghai Stock Exchange (hereinafter referred to as the implementation measures). According to relevant regulations, the company’s shares shall be subject to major illegal compulsory delisting. After deliberation by the Listing Committee of Shanghai Stock Exchange, Shanghai Stock Exchange decided to terminate the listing of Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) shares.
According to the regulations, from the next trading day after the expiration of five trading days after the date of announcement of this decision by the Shanghai Stock Exchange, the trading of the company’s shares will resume and enter the delisting and consolidation period, which is 15 trading days. Within 5 trading days after the expiration of the delisting period, the Shanghai Stock Exchange shall delist the company’s shares and terminate the listing of the company’s shares.
This means that Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) will become the first delisting stock in the year.
Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) shares will be transferred to the National SME share transfer system for share transfer after the listing is terminated Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) said that it would hire a share transfer service institution as soon as possible, entrust it to provide share transfer services, and authorize it to handle the withdrawal registration of shares in the market registration and settlement system of the stock exchange, the re confirmation of shares and the registration and settlement of shares in the national small and medium-sized enterprise share transfer system.
Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) Guba “fryer”
24000 shareholders are sleepless
As soon as the news came out, Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) shares were “fried”. Someone said, “are many people unable to sleep tonight?” “Is there any way to save the 2 million full warehouse stock?” “Cool, delisting Xinyi, run quickly!” And investors have begun psychological massage. (click to enter Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) bar)
As of September 30, 2021, the stock still has 24000 shareholders.
At present, Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) the latest share price is 1.03 yuan / share, with a total market value of 1.5 billion yuan.
Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) suspected of financial fraud
two years of substantial inflated profits exceeding 80 million
On March 3, Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) announced that the Shanghai Stock Exchange had issued a prior notice of its intention to terminate the listing of Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) shares, and the decision to terminate the listing of the company’s shares would be made within the specified time according to the review opinions of the listing committee.
At the same time, the Shanghai Stock Exchange pointed out that the financial indicators from Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) 2018 to 2020 have actually touched the situation of major illegal compulsory delisting stipulated in the original measures for the implementation of major illegal compulsory delisting of listed companies of the exchange. At present, the company has not issued an announcement to apply for suspension of trading, and the exchange has suspended the trading of Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) company’s shares in accordance with article 9.1.6 of the stock listing rules. The trading of the company’s shares has been suspended since March 3, 2022.
It is worth noting that on the same day, Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) also disclosed the decision on administrative punishment issued by the CSRC. Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) has problems such as false records and major omissions. The means of financial fraud are bad and the amount involved is large.
It is found that Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) falsely increased the operating revenue of 133854 million yuan and the total profit of 1.2911 million yuan in 2018, accounting for 100% of the operating revenue disclosed in the current year and 5.24% of the absolute value of the total profit; Falsely increased the operating revenue, non operating revenue and total profit of 2019 by 5.7236 million yuan, 75.9 million yuan and 792482 million yuan, accounting for 55.13% and 253.78% of the disclosed operating revenue and total profit respectively.
After retroactive adjustment, the operating income of Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) 2018 and 2019 was less than 10 million yuan for two consecutive years, and the profit turned into loss in 2019. There were false records in the annual reports of Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) 2018 and 2019. At the same time, the accounting firm issued a qualified audit report, which touched on major illegal delisting.
In addition, St Xinyi failed to disclose risk matters and major matters in time, and there were major omissions.
The CSRC pointed out that Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) Huang Wei, then chairman, chief financial officer and Secretary of the board of directors, was the person in charge directly responsible for the above violations; As the supervisor of Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) at that time and the legal representative of the subsidiary Yiyuan Huijin, Li Yong is the person directly responsible for the above illegal acts of information disclosure. At the same time, Huang Wei, the actual controller of Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) has organized and instructed Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) to carry out illegal information disclosure through various means, and his behavior has constituted the situation described in paragraph 3 of Article 193 of the securities law of 2005 and paragraph 2 of article 197 of the securities law.
Therefore, it is decided to give a warning to Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) and impose a fine of 8 million yuan; Huang Wei was given a warning and fined 12 million yuan. Li Yong will be given a warning and a fine of 3 million yuan. At the same time, Huang Wei and Li Yong were banned from the securities market for life.
On January 14, Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) received the notice of filing a case from Xinjiang securities regulatory bureau. Tacheng Public Security Bureau informed Xinjiang securities regulatory bureau that the case of Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) and the actual controller Huang Wei suspected of illegal disclosure and non disclosure of important information, which Tacheng Public Security Bureau believed met the filing standard, and has been filed for investigation.
Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) bad track
has repeatedly sounded the delisting alarm
In fact, Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) , once known as the “king of A-share suspension”, has long threatened delisting and sounded the delisting alarm for many times.
It is understood that Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) has issued 18 announcements suggesting that the company has the risk of being delisted due to the possible major illegal compulsory delisting of its shares.
The supervision also attaches great importance to Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) all kinds of bad deeds, and has issued supervision letters to it dozens of times. Most of the recent inquiry letters are aimed at the performance report and letter Phi work, requiring them to attach great importance to the preparation and disclosure of the company’s 2021 annual report, do a good job in the annual report and related information disclosure, hire the annual audit accountant as soon as possible, actively cooperate with the audit institution to complete the audit report, disclose the annual report on schedule, and ensure the authenticity, accuracy and integrity of the annual report information disclosure.
It is understood that Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) was formerly Guizhou guochuang energy, but the company has changed its name many times after several twists and turns. In December 2014, Xinjiang Wanyuan rare gold (later renamed Wanyuan Huijin) took over the offer, and Huang Wei became the actual controller of the company. On July 1, 2015, the company’s name was changed to Xinjiang Yilu Wanyuan Industrial Investment Holding Co., Ltd., and the securities abbreviation was changed to Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) .
However, under the repeated capital operation, Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) has been moving towards the abyss. At present, the company is actively exploring the two business areas of fine chemicals and casual economy, and the relevant holding subsidiaries have completed the establishment. However, Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) said that the development of the above businesses in the future may face uncertainties in macro policy regulation, market changes, operation and management. If the subsidiary fails to respond to the relevant risks in time, there may be a risk of failure to achieve the expected benefits.
investors can protect their rights through legal channels
Xinjiang Yilu Wanyuan Industrial Investment Holding Co.Ltd(600145) ‘s shareholders have noticed that China’s current system provides many ways to protect the rights of small and medium-sized investors.
First, shareholders can take measures to safeguard shareholders’ rights according to the actual situation. If the company has illegal information disclosure such as false statements, and investors suffer losses, they can seek civil relief or compensation through judicial channels on the grounds that they have been infringed by false statements.
Second, in case of disputes between investors and listed companies, they can apply to investor protection institutions for mediation; Or when filing securities civil compensation litigation such as false statements, the investor protection institution may be entrusted to participate in the litigation as a representative.
Third, even after the termination of listing, the shareholders of the company can still exercise their rights according to law. After the company’s listing is terminated, although its shares are not traded on the Shanghai stock exchange market, its assets, liabilities, operations, profits and losses and other situations do not change accordingly. According to the provisions of the company law, after the termination of listing, the shareholders of the company still enjoy the rights of shareholders such as the right to know the company and the right to vote, and the rights enjoyed by shareholders will not change. After the listing is terminated, the shareholders of the company can still transfer their shares in accordance with the provisions.
