Cloopen Reaches Settlement With U.S. Securities and Exchange Commission
Cloopen Reaches Settlement With U.S. Securities and Exchange Commission
BEIJING, Feb. 7, 2024 /PRNewswire/ -- Cloopen Group Holding Limited (OTC: RAASY) ("Cloopen" or the "Company") today announced that it has reached a settlement (the "Settlement") with the U.S. Securities and Exchange Commission (the "SEC") regarding the employee misconduct and transaction irregularities disclosed in the press release issued by the Company on May 3, 2022.
北京，2024年2月7日/PRNewswire/--Cloopen Group Holding Limited（場外交易代碼：RAASY）（“Cloopen” 或 “公司”）今天宣佈，它已與美國證券交易委員會（“SEC”）就公司在2022年5月3日發佈的新聞稿中披露的員工不當行爲和交易違規行爲達成和解（“和解”）。
In settling this matter, the SEC considered the Company's prompt self-reporting to the SEC staff, and the substantial cooperation provided by the Company throughout its investigation. The SEC also considered the prompt remedial measures undertaken by the Company, including, among others, terminating or disciplining the people involved in the fraudulent scheme, reorganizing the departments engaged in the misconduct, strengthening its accounting controls, and recruiting new finance and accounting staff with expertise in U.S. Generally Accepted Accounting Principles.
在解決此事時，美國證券交易委員會考慮了公司立即向美國證券交易委員會工作人員進行自我報告的情況，以及該公司在整個調查過程中提供的實質性合作。美國證券交易委員會還考慮了公司立即採取的補救措施，包括解僱或紀律處分參與欺詐計劃的人員，重組參與不當行爲的部門，加強其會計控制，以及招聘具有美國公認會計原則專業知識的新財務和會計人員。
Under the terms of the Settlement, the Company, without admitting or denying the findings of the SEC, consented to the entry of an order by the SEC that it shall cease and desist from committing or causing any violations and any future violations of certain federal securities laws, including Section 10(b) of the Securities Exchange Act of 1934, as amended. The SEC is not imposing civil penalties against the Company because of its self-reporting, cooperation and remediation.
根據和解條款，公司在不承認或否認美國證券交易委員會調查結果的情況下，同意美國證券交易委員會下達命令，要求其停止實施或造成任何違規行爲以及將來任何違反某些聯邦證券法的行爲，包括經修訂的1934年《證券交易法》第10（b）條。美國證券交易委員會沒有因爲公司的自我報告、合作和補救措施而對該公司處以民事處罰。
Mr. Changxun Sun, chief executive officer of Cloopen, commented, "The settlement indicates our cooperation and remedial efforts during the process, as well as our continued commitment to improving our internal controls. Going forward, we will focus more on our business and future developments, and continue to create value for our customers and shareholders."
Cloopen首席執行官孫長勳先生評論說：“和解協議表明我們在此過程中進行了合作和補救努力，也表明了我們對改善內部控制的持續承諾。展望未來，我們將更多地關注我們的業務和未來發展，並繼續爲我們的客戶和股東創造價值。”
About Cloopen Group Holding Limited
關於 Cloopen 集團控股有限公司
Cloopen Group Holding Limited is a leading multi-capability cloud-based communications solution provider in China offering a full suite of cloud-based communications solutions, covering communications platform as a service (CPaaS), cloud-based contact centers (cloud-based CC), and cloud-based unified communications and collaborations (cloud-based UC&C). Cloopen's mission is to enhance the daily communication experience and operational productivity for enterprises. Cloopen aspires to drive the transformation of enterprise communications industry by offering innovative marketing and operational tactics and SaaS-based tools.
Cloopen Group Holding Limited是中國領先的多功能雲通信解決方案提供商，提供全套基於雲的通信解決方案，涵蓋通信平台即服務（CPaaS）、基於雲的聯絡中心（基於雲的CC）以及基於雲的統一通信和協作（基於雲的UC＆C）。Cloopen的使命是增強企業的日常溝通體驗和運營生產力。Cloopen希望通過提供創新的營銷和運營策略以及基於SaaS的工具來推動企業通信行業的轉型。
For more information, please visit https://ir.yuntongxun.com.
欲了解更多信息，請訪問 https://ir.yuntongxun.com。
Forward-Looking Statements
前瞻性陳述
This press release contains forward-looking statements made under the "safe harbor" provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Cloopen may also make written or oral forward-looking statements in its reports filed with or furnished to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about Cloopen's beliefs and expectations as well as its financial outlook, are forward-looking statements. These forward-looking statements are based on Cloopen's current expectations and involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in Cloopen's filings with the SEC. All information provided in this press release is current as of the date of the press release, and Cloopen does not undertake any obligation to update such information, except as required under applicable law. All forward-looking statements are qualified in their entirety by this cautionary statement, and you are cautioned not to place undue reliance on these forward-looking statements.
本新聞稿包含根據經修訂的1934年《證券交易法》第21E條和《1995年美國私人證券訴訟改革法》的 “安全港” 條款做出的前瞻性陳述。這些前瞻性陳述可以通過 “將”、“期望”、“預期”、“未來”、“打算”、“計劃”、“相信”、“估計”、“信心” 和類似陳述等術語來識別。Cloopen還可以在向美國證券交易委員會提交或提供給美國證券交易委員會的報告、向股東提交的年度報告、新聞稿和其他書面材料以及其高管、董事或僱員向第三方作出的口頭陳述中作出書面或口頭的前瞻性陳述。任何非歷史事實的陳述，包括有關Cloopen的信念和預期及其財務前景的陳述，均爲前瞻性陳述。這些前瞻性陳述基於Cloopen當前的預期，涉及可能導致實際業績與前瞻性陳述存在重大差異的因素、風險和不確定性。有關這些風險和其他風險、不確定性或因素的更多信息包含在Cloopen向美國證券交易委員會提交的文件中。本新聞稿中提供的所有信息均爲截至新聞發佈之日的最新信息，除非適用法律要求，否則Cloopen不承擔任何更新此類信息的義務。所有前瞻性陳述均受本警示聲明的全部限制，提醒您不要過分依賴這些前瞻性陳述。
For investor and media inquiries, please contact:
投資者和媒體垂詢，請聯繫：
Cloopen Group Holding Limited
Investor Relations
Email: ir@yuntongxun.com
Cloopen 集團控股有限公司
投資者關係
電子郵件： ir@yuntongxun.com
SOURCE Cloopen Group Holding Limited
來源 Cloopen 集團控股有限公司
譯文內容由第三人軟體翻譯。