Securities code: 000796 securities abbreviation: Caissa Tosun Development Co.Ltd(000796) Announcement No.: 2022-001 bond Code: 112532 bond abbreviation: 17 Caesar 03
Caissa Tosun Development Co.Ltd(000796)
Announcement on receiving the decision of Hainan Securities Regulatory Bureau on ordering corrective measures
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.
Recently, Caissa Tosun Development Co.Ltd(000796) (hereinafter referred to as "the company") received the decision on taking corrective measures against Caissa Tosun Development Co.Ltd(000796) (No. [2022] 2) (hereinafter referred to as "the decision") issued by Hainan regulatory bureau of China Securities Regulatory Commission (hereinafter referred to as "Hainan securities regulatory bureau"). According to relevant regulations, the contents of the decision are hereby announced as follows:
"After investigation, our Bureau found that your company did not make provision for impairment of prepayments with Hainan Airlines Holding Co.Ltd(600221) 325 million yuan in 2020, resulting in inaccurate disclosure of the company's 2020 annual report. The above behavior violated Article 2 of the measures for the administration of information disclosure of listed companies (Order No. 40 of the CSRC).
According to Article 59 of the measures for the administration of information disclosure of listed companies and Article 21 of the measures for on-site inspection of listed companies (CSRC announcement [2010] No. 12), our bureau has decided to take administrative regulatory measures to order your company to make corrections and record them in the capital market integrity information database. Your company should attach great importance to the rectification work, take effective measures to correct, consolidate the foundation of financial accounting, improve the level of accounting, ensure the standardization of accounting, improve the quality of financial report from the source and prevent such events from happening again. Your company shall submit a written rectification report to our bureau within 30 days from the date of receiving this decision.
If you are not satisfied with the supervision and administration measures, you can apply to the China Securities Regulatory Commission for administrative reconsideration within 60 days from the date of receiving the decision, or you can bring a lawsuit to the people's court with jurisdiction within 6 months from the date of receiving the decision. During the period of reconsideration and litigation, the above supervision and management measures shall not be suspended. " After receiving the decision, the company attaches great importance to the above problems, will actively organize relevant units to inspect, submit a written rectification report within the specified time in strict accordance with the regulatory requirements, and timely fulfill the corresponding information disclosure obligations in accordance with laws and regulations. This regulatory measure will not have a substantial impact on the company's daily production and operation.
The information released by the company is based on the designated media China Securities Journal, securities times and cninfo (www.sse. Com. CN.) The announcement published shall prevail. Please pay attention to the investment risk.
It is hereby announced.
Caissa Tosun Development Co.Ltd(000796) board of directors January 25, 2022
