Securities code: Shenzhen Changfang Group Co.Ltd(300301) securities abbreviation: Shenzhen Changfang Group Co.Ltd(300301) Announcement No.: 2022027 Shenzhen Changfang Group Co.Ltd(300301)
Suggestive announcement on delisting risk warning and other risk warning and suspension of the company's stock trading
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
Special tips:
1. The trading of the company's shares (stock abbreviation: Shenzhen Changfang Group Co.Ltd(300301) , stock code: Shenzhen Changfang Group Co.Ltd(300301) ) was suspended for one day from the opening of the market on Thursday, May 5, 2022, and resumed from the opening of the market on Friday, May 6, 2022;
2. The delisting risk warning and other risk warnings have been implemented for the company's shares since the opening of the market on May 6, 2022. The abbreviation of the company's shares has been changed from " Shenzhen Changfang Group Co.Ltd(300301) " to " ST Rectangle", and the stock code is still " Shenzhen Changfang Group Co.Ltd(300301) "; 3. After the delisting risk warning and other risk warnings are implemented, the daily rise and fall of the company's stock trading is limited to 20%.
1、 The abbreviation of stock type, securities code and the starting date of delisting risk warning and other risk warning
1. Stock type and abbreviation: the abbreviation of A-share stock of the company is changed from " Shenzhen Changfang Group Co.Ltd(300301) " to " ST". 2. Stock Code: Shenzhen Changfang Group Co.Ltd(300301)
3. The starting date of delisting risk warning and other risk warnings: May 6, 2022.
4. Starting date of suspension and resumption of trading of the company's shares: due to the implementation of delisting risk warning and other risk warnings, the trading of the company's shares will be suspended for one day from the opening of the market on Thursday, May 5, 2022, and will be resumed from the opening of the market on Friday, May 6, 2022. After the resumption of trading, the delisting risk warning and other risk warnings will be implemented.
5. The daily rise and fall of stock trading is limited to 20%.
2、 Reasons for delisting risk warning and other risk warnings in stock trading
Dahua Certified Public Accountants (special general partnership) (hereinafter referred to as "Dahua certified public accountants") issued an audit report that could not express an opinion on the company's 2021 financial statements, According to item 3, paragraph 1, article 10.3.1 of Shenzhen Stock Exchange GEM Listing Rules (revised in December 2020) (hereinafter referred to as "Stock Listing Rules"), if a listed company has "an audit report with no opinion or negative opinion in the financial and accounting report of the latest accounting year", its stock trading will be subject to delisting risk warning;
Dahua office issued an internal control audit report with negative opinions on the company's internal control in 2021. According to Item 4 of article 9.4 of the GEM Listing Rules of Shenzhen Stock Exchange, "the company has been issued an internal control audit report or assurance report with no opinions or negative opinions in the latest year", its stock trading will be subject to other risk warnings.
According to Article 9.2 of the GEM Listing Rules of Shenzhen Stock Exchange, "if a listed company's stock trading is subject to delisting risk warning, it shall be preceded by" ST "in the stock abbreviation, and if it is subject to other risk warnings, it shall be preceded by" ST "in the stock abbreviation to distinguish it from other stocks. If the company has delisting risk warning and other risk warning situations at the same time, the abbreviation of the company's stock shall be preceded by " ST". Therefore, in view of the current situation of the company, if the company's stock trading involves delisting risk warning and other delisting risk warning at the same time, delisting risk warning and other risk warning will be implemented, and the abbreviation of the company's stock will be preceded by St.
3、 Opinions and specific measures of the board of directors on striving to revoke the risk warning
1. Hire a third-party professional organization to sort out and improve the internal control system
In view of the defects of the company's internal control, especially the control of the subsidiary kangmingsheng, hire a third-party professional organization to re sort out the company's internal control system in combination with the actual operation status of the company, improve or supplement the preparation of relevant control systems, so as to enhance the effectiveness of the company's control.
2. Strengthen the financial control of the subsidiary kangmingsheng
Through full communication with the management team of kangmingsheng, combined with its business status and business development needs, improve the company's financial management system, and strengthen the control of the receipt and payment of funds and accounting of the subsidiary kangmingsheng by means of the combination of appointed personnel and authorized management.
3. Strengthen compliance training for management team
The Secretary Office of the board of directors shall regularly organize managers to learn the company's system and securities laws and regulations, and strengthen the compliance awareness of the management team, so as to reduce the probability of failure of the internal control system caused by the violation of the management team.
4. Strengthen the function of internal audit supervision
Strengthen the construction of the internal audit department, enrich the auditors of the internal audit department, improve the real-time internal supervision process under the leadership of the audit committee, and prevent the implementation risk of internal control. The internal audit department of the company shall inspect the implementation of the internal control system at least once a quarter, issue the supervision and inspection report on the implementation of internal control and submit it to the board of directors. Once any abnormality is found, it shall timely submit it to the board of directors of the company to take corresponding measures.
4、 Risk warning that the company's shares may be delisted
According to article 10.3.10 of the stock listing rules: "after a listed company is warned of delisting risk due to items 1 to 3 of paragraph 1 of article 10.3.1, if one of the following circumstances occurs in the first fiscal year, the exchange decides to terminate its stock listing and Trading: (I) The audited net profit is negative and the operating income is less than 100 million yuan, or the net profit of the most recent fiscal year after retroactive restatement is negative and the operating income is less than 100 million yuan; (II) the audited ending net assets are negative, or the ending net assets of the latest fiscal year after retroactive restatement are negative; (III) the financial accounting report is issued with qualified opinions, unable to express opinions or negative opinions; (IV) failing to disclose the annual report guaranteed by more than half of the directors to be true, accurate and complete within the statutory time limit; (V) although the conditions specified in article 10.3.6 are met, it fails to apply to the exchange for cancellation of delisting risk warning within the specified time limit; (VI) because the conditions specified in article 10.3.6 are not met, its application for withdrawal of delisting risk warning has not been approved ". If one of the above six situations occurs in 2022, Shenzhen Stock Exchange will decide to terminate the listing of the company's shares. The company has the risk of being terminated from listing. Please pay attention to the investment risk.
5、 During the implementation of delisting risk warning and other risk warning, the company accepts the contact information consulted by investors
Address: 7th floor, Shenzhen Changfang Group Co.Ltd(300301) No.1, Xingyun East Road, Huicheng District, Huizhou City, Guangdong Province
Tel: 075582828966
Email: [email protected].
6、 Other instructions
The information disclosure media designated by the company are securities times and http://www.cn.info.com.cn, All information of the company is subject to the information disclosed in the above designated media and websites. Please pay attention to the investment risks.
It is hereby announced.
Shenzhen Changfang Group Co.Ltd(300301) board of directors
April 29, 2022
