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jeopardyapril292022| Chairman of R & F Properties and others were notified of criticism by the Shenzhen Stock Exchange

On April 29, the Shenzhen Stock Exchange announced that Guangzhou R & F Real Estate Co., Ltd. and related parties had committed the following irregularities: r & F Real Estate failed to submit and disclose the 2022 interim report within the above-mentioned time limit.Jeopardyapril292022Li Silan, chairman of R & F Real Estate, Zhang Zhang, then general manager, Zhu Ling, head of financial affairs, and Hu Jie, head of information disclosure, failed to perform their duties and performed the duty of honesty and diligence. The Shenzhen Stock Exchange made the following disciplinary decisions: first, to give a notice of criticism to Guangzhou R & F Real Estate Co., Ltd.; second, Li Silian, chairman of Guangzhou R & F Real Estate Co., Ltd., tension, then general manager, Zhu Ling, head of financial affairs, and Hu Jie, head of information disclosure affairs.

Comments: according to regulatory regulations, listed companies must disclose their financial reports in a timely, accurate and complete manner, and any delay may affect investors' decisions. The criticism of the announcement is a major warning for R & F and its management, requiring the company to strengthen its internal financial management and information disclosure process, ensure the principle of openness and transparency, and strengthen accountability to the board of directors and management. to avoid the recurrence of similar violations.