000023SZSE

Announcement on the Reply to the Shareholder Inquiry Request Letter from the China Securities Investor Service Center

ST Shentian Co., Ltd.··2 pages

✨ AI Summary

Shenzhen Tiandi (Group) Co., Ltd. received an inquiry from the China Securities Investor Service Center regarding non-operational fund occupation by its controlling shareholder. The company confirmed that it has not received any clear repayment measures. The company plans to consider legal action against the controlling shareholder for the recovery of the occupied funds.

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Full Translation

AI Translation· azure_openai

Shenzhen Tiandi (Group) Co., Ltd. (hereinafter referred to as "the Company" or "Shenzhen Tiandi") received the "Shareholder Inquiry Request Letter" (Investor Service Center Letter [2024] No. 429) from the China Securities Investor Service Center (hereinafter referred to as "Investor Service Center") on August 9, 2024. The announcement is as follows:

Inquiry:
The China Securities Investor Service Center is a public insurance institution directly managed by the China Securities Regulatory Commission. One of its main responsibilities is to exercise shareholder rights as a shareholder or securities holder. The Investor Service Center holds shares in your company and is entitled to rights such as the right to know, inquire, and suggest as granted by the Company Law and other laws and regulations. On January 15, 2024, the Investor Service Center sent a "Shareholder Inquiry Suggestion Letter" to your company regarding the non-operational fund occupation of 137 million yuan by your company's controlling shareholder, Guangdong Junhao Equity Investment Holding Co., Ltd. (hereinafter referred to as "Guangdong Junhao"), and requested your company to clarify whether it has established clear and executable repayment measures with the controlling shareholder. On January 26, your company announced a reply stating that as of the announcement date, it had not received any clear and executable repayment measures from Guangdong Junhao, and there was no specific repayment plan.

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