Zhitong Finance App News, Huali Technology (301011.SZ) issued an announcement. The company recently received the “Decision on Issuing Warning Letter Measures against Guangzhou Huali Technology Co., Ltd., Su Benli, Hua Shunyang, Feng Zhengchun, and Cai Ying” issued by the Guangdong Securities Regulatory Bureau.

According to reports, the Guangdong Securities Regulatory Bureau carried out an on-site inspection and found that the company had the following problems: 1. Customers corresponding to the company's individual accounts receivable were cancelled in May 2023, but the company did not promptly detect changes in the customer's ability to repay. It was only in October 2023 that the balance of accounts receivable was calculated individually for bad debts at 100% in the third quarter report, involving an amount of 1.4083 million yuan. The company failed to promptly follow up on accounts receivable arrears and failed to promptly calculate bad debt preparations in the 2023 semi-annual report, resulting in untimely and inaccurate disclosure of financial information, and not in accordance with Article 3 (1) of the “Administrative Measures on Information Disclosure Management Measures for Listed Companies” (Securities Regulatory Commission Order No. 182, same below), “Enterprise Accounting Standard No. 22 11: Confirmation and Measurement of Financial Instruments” (Accounting [2017] No. 7), and other relevant regulations.

2. The amount of capital raised from equipment investment in the company's terminal business development project was recorded using fair customs value accounting by the parent company, which did not offset internal transaction profits. As a result, the disclosure data related to the 2021 and 2022 special reports on the storage and use of the company's raised funds was inaccurate. At the same time, in 2021, the company transferred raised funds to non-fund-raising accounts in advance and used them to invest in fund-raising projects in 2022, involving an amount of 20.23,800 yuan.

3. There was a difference between the detailed amount of the company's fund-raising investment project for the period 2021-2022 and the details of the capital raised use plan listed in the prospectus, but the company did not promptly explain the reason for the difference. The above situation does not comply with Article 3 (1) of the “Administrative Measures on Information Disclosure of Listed Companies”, Article 4 and 11 of the “Regulatory Guidelines for the Supervision of Listed Companies No. 2 11” (CSRC Notice (2012) No. 44), and Article 12 of the “Supervisory Guidelines for Listed Companies No. 2. Supervisory Requirements for the Management and Use of Funds Raised by Listed Companies” (Securities Regulatory Commission Notice (2022) No. 15).

Su Benli as the chairman and general manager of the company, Hua Shunyang as the company's board secretary, Feng Zhengchun as the company's financial director, and Cai Ying, as the company's current board secretary and financial director, did not comply with section 4 of the “Administrative Measures on Information Disclosure of Listed Companies”, section 2 of the “Regulatory Guidelines for Listed Companies No. 2 Supervisory Requirements for the Management and Use of Funds Raised by Listed Companies” (Securities Regulatory Commission Notice (2012) No. 44), and section 3 of the “Regulatory Guidelines for Listed Companies” (Securities Regulatory Commission Notice (2022) No. 15) The obligation to be diligent and responsible, each bears the main responsibility for company-related irregularities.