Securities code: Jinzhou Cihang Group Co.Ltd(000587) securities abbreviation: ST Jinzhou Announcement No.: 2022032 Jinzhou Cihang Group Co.Ltd(000587)
Announcement on the measures for receiving the warning letter from Heilongjiang Securities Regulatory Bureau
The company and all members of the board of directors guarantee that the contents of the announcement are true, accurate and complete without false records, misleading statements or major omissions.
Jinzhou Cihang Group Co.Ltd(000587) (hereinafter referred to as the company) received the decision of Heilongjiang regulatory bureau of China Securities Regulatory Commission (decision on administrative regulatory measures (2022) No. 6) on April 27, 2022 to take warning letter measures against the company. The main contents are as follows:
On December 30, 2021, your creditor Anhui Zhong’an Financial Asset Management Co., Ltd. (hereinafter referred to as “Zhong’an finance”) and China Resources boguan Asset Management Co., Ltd. (hereinafter referred to as “China Resources boguan”) signed the creditor’s right transfer contract. Zhongan finance will transfer the 406 million creditor’s rights of your company to Zhongrun boguan. The contract contains termination clauses. Zhongan finance has the right to terminate the contract unilaterally and conditionally. The announcement on the total debt of the company (No. 2020620206) has been released and shows that you have received the notice on the full exemption of the debt of the company. Your company did not disclose that Zhong’an finance still has the right to terminate the contract. There is uncertainty in the transfer of creditor’s rights, the risk of cancellation of debt exemption and inaccurate information disclosure.
The above-mentioned acts violate the provisions of paragraph 1 of Article 3 of the measures for the administration of information disclosure of listed companies (Order No. 182 of the CSRC, hereinafter referred to as the letter Phi measures). According to Article 52 of the letter Phi measures, our bureau has decided to take administrative supervision measures for your company and record it in the integrity file of the securities and futures market. Your company shall strictly abide by relevant laws and regulations, standardize corporate governance and earnestly fulfill the obligation of information disclosure.
The information disclosure media designated by the company are China Securities News, securities times, Shanghai Securities News and http://www.cn.info.com.cn, All information of the company shall be subject to the official announcement published in the above designated media.
It is hereby announced that investors should pay attention to investment risks.
Jinzhou Cihang Group Co.Ltd(000587) April 29, 2022
