ST Huatie (000976.SZ) issued an announcement. The company was originally scheduled to disclose 2023 on April 30, 2024...
Zhitong Finance App News, ST Huatie (000976.SZ) issued an announcement. The company was originally scheduled to disclose the 2023 annual report and the 2024 first quarter report on April 30, 2024, but since some of the information involved in the aforementioned report cannot be verified and clarified, the company is unable to disclose the 2023 annual report and the 2024 first quarter report within the legal period.
Since the company is unable to disclose its 2023 annual report within the statutory period (April 30, 2024), trading of the company's shares will be suspended from the opening of the market on May 6, 2024 according to the relevant provisions of the “Shenzhen Stock Exchange Stock Listing Rules”. If the company is unable to disclose its 2023 annual report within two months of suspension of trading, the company's shares will be subject to a delisting risk warning. If more than half of the directors guarantee a true, accurate, and complete 2023 annual report within two months from the date the delisting risk warning is implemented on the company's stock transaction, there is a risk that the listing of the company's shares will be terminated.
At 9:00 a.m. on April 29, 2024, the company held the 3rd meeting of the 10th Board of Directors Audit Committee in 2024 through on-site communication, because: 1. According to the company announcement, as of December 31, 2023, the company's controlling shareholders and other related parties had an unreturned balance of about 1.3 billion yuan, and the rectification of the capital occupation problem did not meet expectations; 2. The company's independent directors and audit committee discovered in the course of carrying out their duties that the company still had non-operating capital outflows from related parties during the 2023 reporting period. Currently, the company has failed to verify and investigate its nature and amount. The directors and audit committee were unable to obtain sufficient information and reasonable explanations in carrying out their duties.
As a result of the above matters, the Audit Committee was unable to judge the authenticity, accuracy, and completeness of the company's “2023 Annual Report” and “2024 First Quarter Report”. Both the “Company's 2023 Financial Report” and “Company's Financial Statement for the First Quarter of 2024” submitted for review at this meeting were not approved by a majority of members and were not passed.