When facing thousands of listed company announcements every day, which ones should you read? What are the key points to take away from the dozens or hundreds of pages of material announcements? Are the many professional terms in the announcements bullish or bearish? Check out Caixin's "Quick Read Announcement" column, where our reporters across the country will provide you with accurate, fast and professional interpretations on the night of the announcement.

According to the evening announcement, Heilongjiang InterChina Water Treatment and its shareholder Shanghai Pengxin Group have been under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure. The company stated that all production and operation activities are currently proceeding normally.

According to the evening announcement, Heilongjiang InterChina Water Treatment and its shareholder Shanghai Pengxin (Group) Co., Ltd. have been under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure. Heilongjiang InterChina Water Treatment stated that all production and operation activities are currently proceeding normally.

On August 14, Pengdu Agriculture & Animal Husbandry, which is also part of the Pengxin Group, and its controlling shareholder Shanghai Pengxin (Group) Co., Ltd., received a "Notice of Filing" issued by the China Securities Regulatory Commission. According to the notice, the company and Pengxin Group are under investigation by the China Securities Regulatory Commission for suspected violations of information disclosure.

A month ago, Heilongjiang InterChina Water Treatment announced a major asset restructuring plan to acquire the equity of Zhuji Wenshenghui Self-Owned Fund Investment Co., Ltd. with cash payment, and become the controlling shareholder of Beijing Huiyuan Food & Beverage Co., Ltd. Within one month of the release of the restructuring plan, the company issued six "Announcements on Abnormal Fluctuation in Stock Trading," stating that there were no undisclosed major matters as of the date of the announcement.

The "Notice of Filing" mentioned in the investigation does not provide further information, but many investors have started to worry about whether the investigation will affect the progress of the restructuring and whether the information disclosure violations are related to the restructuring.

According to the "Management Measures for Major Asset Restructuring of Listed Companies," if a listed company is suspected of the circumstances specified in Articles 53, 54, and 55 of these measures (failure to fulfill information disclosure obligations, false or omitted information disclosure, etc.) and is investigated by judicial authorities or the China Securities Regulatory Commission, the restructuring should be suspended until the conclusion of the case investigation.

Just last night, Heilongjiang InterChina Water Treatment just announced the latest progress of this major asset restructuring, stating that "the company is actively organizing relevant parties to promote the due diligence, audit, evaluation and other work related to this restructuring matter, and the relevant work has not been completed", and stating that "the company will strictly follow the relevant provisions of the "Management Measures for Major Asset Restructuring of Listed Companies", "No. 6 Self-regulatory Guidelines for Major Asset Restructuring of Listed Companies" and other laws, regulations and normative documents, and fulfill the obligation of information disclosure in a timely manner."

According to the recent announcements of Heilongjiang InterChina Water Treatment in the past month, Peking Huiyuan holds some assets of China Huiyuan Juice Group Co., Ltd. (formerly Huiyuan Group), including the ownership of all "Huiyuan" brand and trademark, all sales channels, Shunyi factory, and 15 self-owned production lines. After the restructuring, the fruit orchard planting base and most of the production lines are still under the original Huiyuan Group. Peking Huiyuan currently adopts a light-asset operation model and still relies mainly on outsourced production. It mainly leases 80% of the production lines back to the original Huiyuan Group and purchases finished products from them.