Senior executives such as Cred Holding Co.Ltd(600890) and the chairman of the board of directors who failed to disclose important information in time were issued a warning letter by Beijing Securities Regulatory Bureau

The notice issued by the chairman of the board of directors and the general manager of the securities regulatory bureau of the company, Mr. Zhu Hongjie, and Mr. Zhu Shifan, the general manager of the board of directors of the company, issued a warning letter on May 20.

It is reported that in August 2021, the company signed the supplementary agreement of Cred Holding Co.Ltd(600890) and Liaoning Zhongwang Group Co., Ltd. on the intermediary fees for major asset restructuring with Liaoning Zhongwang Group Co., Ltd. (hereinafter referred to as “Zhongwang group”), which agreed that Zhongwang group would pay the company one-time intermediary fees that should be borne by Zhongwang group but actually paid by the company before December 31, 2021, totaling 517275 million yuan. As of December 31, 2021, the company has not received the payment. The company failed to timely disclose the signing of the agreement and the collection of relevant funds through the interim report. Violation of relevant regulations. According to relevant regulations, Zhu Lei, Lu Jian and Guo Hongjie are mainly responsible for failing to disclose the signing of the agreement in time through the interim report; Zhu Lei (Acting Secretary of the board of directors) and Zhao fan are mainly responsible for failing to disclose the collection of relevant funds in time through the interim report.

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