002087SZSE

Announcement on the Company's Receipt of Administrative Supervision Measures Decision

Xinfang Tui Co., Ltd.·May 29, 2024·2 pages

✨ AI Summary

Henan Xinye Textile Co., Ltd. received a warning letter from the China Securities Regulatory Commission due to discrepancies in its financial disclosures. The company reported a projected net asset value of 411.44 million to 461.44 million yuan but later disclosed a negative net asset of 833.93 million yuan. Key personnel, including the chairman and financial director, are held primarily responsible. The company must submit a rectification report within 30 days.

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Full Translation

AI Translation· azure_openai

Securities Code: 002087

Securities Abbreviation: *ST Xinfang

Announcement Number: 2024-055

Henan Xinye Textile Co., Ltd. announces that the company and all members of the board guarantee the authenticity, accuracy, and completeness of the information disclosed, with no false records, misleading statements, or significant omissions.

On May 29, 2024, Henan Xinye Textile Co., Ltd. (hereinafter referred to as "the Company") received the "Decision on Administrative Supervision Measures Against Henan Xinye Textile Co., Ltd. and Relevant Responsible Personnel" (〔2024〕43) issued by the Henan Regulatory Bureau of the China Securities Regulatory Commission. The relevant content is announced as follows:

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