Rendong Holdings (rights protection) (stock code 002647) received the Administrative penalty decision ([2022] No. 14) issued by the China Securities Regulatory Commission on March 25, 2022. The annual report of Rendong Holdings inflated the income and profit of factoring in 2019, the provision for bad debts in 2019 was not accurate, and the half-yearly report of 2020 falsely increased the income and profit of factoring. As a result, there are false records in the 2019 annual report and 2020 semi-annual report, and the default of failing to pay off major debts due is not disclosed in time as required. The CSRC decided to order Rendong Holdings to correct, give a warning and impose a fine of 1.5 million yuan.GratisspinAnd give a warning to the relevant responsible person and impose a fine.
Tongzhou Electronics (stock code 002052) announced and received the administrative penalty decision of the CSRC on July 9, 2021. The CSRC found out that Tongzhou Electronics falsely reduced its net profit by 26.3 million yuan in 2014 and increased by 11022 in 2015 by recognizing employees' compensation liabilities in advance, delayed recognition of asset impairment losses, and fictitious sales income.Gratisspin160,000 yuan, the net profit in 2016 was falsely reduced by 42.0344 million yuan, accounting for 6.31%, 164.17% and 6.89% of the net profit disclosed in the consolidated income statement, respectively, and led to the disclosure of losses as profits in the 2015 annual report, which was falsely recorded in the 2014, 2015 and 2016 annual reports disclosed. (ST entry for rights protection on the same continent)
The claims of Rendong Holdings and Tongzhou Electronics have been decided by the court and the investors have won the case. According to the court decision, the investors who are eligible for Rendong Holdings' claim are those who bought from April 28, 2020 to July 14, 2021, and sold or held Rendong Holdings shares on or after July 15, 2021 and suffered losses. Investors eligible for Cocontinent's claim are those who bought during the period from April 29, 2016 to October 25, 2019, including that day, and sold or held Cocontinent shares on or after October 26, 2019 and suffered losses. (Rendong Holdings Rights Protection entrance)
Lawyer Li Hongjie reminded that the limitation of action for claims from Rendong Holdings and Tongzhou Electronic is about to expire. Qualified damaged investors are required to protect their rights during the limitation period of the lawsuit, and the last bus of the claim will be missed after the expiration of the period. (lawyer Li Hongjie column)
(this article is contributed by Li Hongjie, a lawyer from Guangdong Julong Law firm, and does not represent the views of Sina Finance. Lawyer Li Hongjie has represented a dispute over the responsibility of investors claiming misrepresentation of listed companies: Guangdong Pearl (rights protection), Suoling shares (rights protection), Changyuan Group, Tongzhou Electronics, King Kong Glass, Beijing Culture (rights protection), Huayu Software (rights protection), Zhonggong Education (rights protection), Zhongtian Science and Technology (rights protection), Hi-Tech, Aurede, Xinjiang Haoyuan, Aerospace Communications, Tianrun entertainment, Tianma shares, Hermei Group. Baobaolong, Huaxun Ark, Xilong Science (rights protection), Hongxiang shares, Poly Union (rights protection), Shenzhen Chase and other cases. )