Tongrun Equipment (002150.SZ) issued an announcement. The company recently received supervision from the China Securities Regulatory Commission in Jiangsu...
Zhitong Finance App News, Tongrun Equipment (002150.SZ) issued an announcement. The company recently received the “Jiangsu Securities Regulatory Bureau's Decision on Issuing Warning Letter Measures against Jiangsu Tongrun Equipment Technology Co., Ltd., Wei Na, and Fan Zhenzhen” issued by the China Securities Regulatory Commission (“Jiangsu Securities Regulatory Bureau”). The details are as follows:
On May 17, 2023, the shareholder and actual controller of Tongrun Equipment Holdings changed. According to the provisions of Article 62 (4) of the “Administrative Measures on Information Disclosure of Listed Companies” (Securities Regulatory Commission Order No. 182), Zhengtai Group Finance Co., Ltd., controlled by the actual controller of the company, became a related party of the company.
From May 17 to September 20, 2023, Zhengtai Group Finance Co., Ltd. provided financial services for Tongrun Equipment and its subsidiaries. The maximum deposit balance was 110 million yuan. The above matters constituted a related transaction. However, the company did not complete the shareholders' meeting review procedures for the above related transactions until September 20, 2023, and disclosed the review of related transactions by the Extraordinary General Meeting of Shareholders on September 21, 2023.
The company failed to promptly review and disclose the above related transactions in accordance with regulations, in violation of the provisions of Article 3 (1), Article 22 (2) (1), and Article 41 of the “Credit Disclosure Measures”. Wei Na, then secretary of the board of directors of the company, and Fan Zhenzhen, the financial director, failed to be diligent and conscientious, violated the provisions of section 4 of the “Credit Disclosure Measures”, and bear the main responsibility for the company's irregularities.
According to Article 52 of the “Credit Disclosure Measures”, the Jiangsu Securities Regulatory Bureau decided to take administrative supervision measures to issue warning letters against the company, Wei Na, the company's then-secretary of the board of directors, and Fan Zhenzhen, financial director, and include them in the securities and futures market integrity file.