① Xu Xueliang, director of Opt, once told the “Science and Technology Innovation Board Daily” reporter, “Mainly because the early plans between fund-raising projects were not clear, but the funds for the fund-raising projects were distributed normally to the project, and no fund-raising project funds were misappropriated.” ② Guoxin Securities also received 2 warning letters in April of this year, which involved various issues relating to the company's compliance and internal control. At the same time, the company's executive positions also recently completed a new round of changes.
“Science and Technology Innovation Board Daily”, May 6 (Reporter Yu Jiaxin) Today (May 6), the Guangdong Securities Regulatory Bureau issued a warning letter against Guoxin Securities. The latter, as the sponsor of Opt's initial listing, had the following irregularities during the ongoing supervision process:
First, Opt was not promptly urged to complete the review and disclosure procedures for changes in the fund-raising plan. During the period of continuous supervision, the company failed to be diligent and conscientious, did not promptly discover that Opt had overfunded plans to pay employee remuneration, and did not urge Opt to carry out review and disclosure procedures as required.
Second, the issue of Opt's use of other special fundraising accounts to pay remuneration has not been corrected. The company failed to continue to monitor the storage and use of funds raised by Opt, did not promptly discover the issue of Opt's use of funds raised by the marketing center to pay employee remuneration to other projects, and did not require Opt to rectify it in a timely manner after discovering the problem.
According to reports, in January and February of this year, Opt received a warning letter from the Guangdong Securities Regulatory Bureau and an announcement ordering the rectification. Among them, it was mentioned that the company failed to fulfill review procedures and information disclosure obligations in accordance with regulations, and that the information disclosed on the use of funds raised did not match the facts.
Specifically, in March 2023, Opt disclosed the final report on the marketing center project. The marketing center project actually raised 54.499 million yuan of capital. After investigation, the actual amount of wages paid to new personnel for the Opt Marketing Center project was 20.4038 million yuan, which exceeded the planned usage amount of 15.368 million yuan in the prospectus; of these, 9.3662 million yuan of salary was actually paid to new personnel at the machine vision manufacturing center at the headquarters of another fund-raising project.
“Opt criticized Chairman Lu Shenglin, General Manager Lu Zhilin, Financial Director Ye Jianping, and Board Secretary Xu Xueliang in response to this regulatory measure involving those responsible.” The announcement mentioned.
Regarding the issues involved above, in March of this year, Opt reviewed and passed two relevant bills at the 2024 First Extraordinary General Meeting of Shareholders to readjust the plan for the fund-raising project. At the shareholders' meeting, Xu Xueliang, deputy general manager and secretary of the board of directors of Opt, once told the “Science and Technology Innovation Board Daily” reporter, “(The above problem) is mainly because the preliminary plans between the fund-raising projects were not clear, but the funds for the fund-raising projects were distributed normally to the project, and no funds were misappropriated for the fund-raising project.”
Regarding the new salary adjustments, Ye Jianping, the company's financial director, said, “The initial plan for the fund-raising project was low on the salary budget for the new business. Coupled with the rapid growth of the company's performance, the number of business personnel increased dramatically, and the overall salary was adjusted.”
Looking back at Guoxin Securities, the “Science and Technology Innovation Board Daily” reporter noticed that the company recently received several warning letters. Among them, on April 19, Guoxin Securities received two warning letters from the Shenzhen Securities Regulatory Bureau. The Shenzhen Securities Regulatory Bureau revealed a number of issues in Guoxin Securities' compliance and internal control, including aspects such as stock pledge repurchase business, bailout product management, and private equity subsidiary management. It should be noted that the announcement also mentioned that Guoxin Securities has problems such as providing convenience for financial institutions and their management products to circumvent supervision, providing outsourcing services for unregistered private equity products, and inadequate implementation of the information barrier system.
Meanwhile, with regard to Guoxin Securities's irregularities in the stock pledge repurchase business, the Shenzhen Securities Regulatory Bureau has also taken measures to punish Du Haijiang, an executive in charge of this business, by issuing a warning letter. According to the Shenzhen Securities Regulatory Bureau, Du Haijiang, as an executive in charge of the stock pledge repurchase business of Guoxin Securities, bears leadership responsibility for these irregularities from 2019 to 2022.
According to the official website of Guoxin Securities, Du Haijiang is currently the vice president of Guoxin Securities, a director of Penghua Fund Management Co., Ltd., and a deputy chairman of the Securities Brokerage and Wealth Management Professional Committee of the China Securities Association.
As far as the operation of Guoxin Securities is concerned, the data shows that in 2023, it achieved revenue of 17.317 billion yuan, up 9.08% year on year; realized net profit attributable to shareholders of listed companies was 6.427 billion yuan, up 5.57% year on year. However, in Q1 of this year, both revenue and net profit declined, with net profit of 1,229 billion yuan, a year-on-year decrease of 30.51%.