Zhongxin Jingwei, December 29 -- After the market on the 29th, Dashi Intelligent announced that the company received the decision on administrative supervision measures from the Shenzhen Securities Regulatory Bureau.
The decision on administrative supervision measures shows that after investigation, there are many problems in Dashi Intelligence.
First, corporate governance is not perfect. Some of the boards of directors deliberated on the annual remuneration plan for directors and executives, and the relevant directors did not abstain from voting, which violated the provisions of Article 37, Paragraph 1 of the Rules for Shareholders' Meetings of Listed Companies (CSRC Announcement No. 13) and Article 60, Paragraph 1 of the Code of Governance for Listed Companies (CSRC Announcement 2018 No. 29).
Second, financial accounting is not standardized. Jiangsu Dashi Jiuxin Medical Technology Co., Ltd., a subsidiary of Dashi Intelligence, hereinafter referred to as Jiuxin Medical), did not recognize the cost of revenue in accordance with the progress confirmation form and the approved settlementIn some cases, the company has not fully assessed the signs of impairment, and the impairment provision of contract assets is not prudent. The above situation affects the accuracy of relevant financial information disclosure, and violates Article 12 of Accounting Standard for Business Enterprises No. 14 - Revenue (Cai Hui 2017 No. 22), Article 46 of Accounting Standard for Business Enterprises No. 22 - Recognition and Measurement of Financial Instruments (Cai Hui 2017 No. 7) and Article 3, Paragraph 1 of the Administrative Measures for Information Disclosure of Listed Companies (Decree No. 182 of the CSRC, the same below).
In addition, there are irregularities and imprudent situations in the management of board meeting minutes, the registration of insiders of inside information, the provision for bad debts of subsidiaries, and the basis of financial accounting.
The above situation reflects the non-standard problems in corporate governance, financial accounting and other aspects of Dashi Intelligence. In accordance with the provisions of Article 52 of the Administrative Measures for Information Disclosure of Listed Companies, the Shenzhen Securities Regulatory Bureau decided to take administrative supervision measures against Dashi Intelligence. The chairman and chief financial officer of Dashi Intelligence are now required to bring valid identity documents to the Shenzhen Securities Regulatory Bureau for regulatory interviews in accordance with the requirements of the Shenzhen Securities Regulatory Bureau.
Dashi Intelligent said that the company attaches great importance to the problems pointed out in the decision on administrative supervision measures, and will strictly follow the requirements of the Shenzhen Securities Regulatory Bureau, effectively strengthen the study of relevant laws, regulations and normative documents, continuously improve financial management capabilities, information disclosure quality and standardized operation level, avoid the recurrence of such incidents, and fully safeguard the interests of the company and all shareholders, so as to achieve sustained, healthy, high-quality and stable development of the company.
According to the information on the company's official website, Dashi Intelligence was established in 1995 and listed on the Shenzhen Stock Exchange in June 2010. Since its establishment in 1995, the company has been engaged in the research and development and application promotion of Internet of Things technology.
In terms of performance, Dashi Intelligence achieved revenue of 27 in the first three quarters of 20232.8 billion yuan, a year-on-year increase of 1671%；Net profit attributable to shareholders of listed companies10.6 billion yuan, down 3206%。
Dashi Intelligent closed up 1 on December 2958% to 322 yuan shares, with a total market value of 6.8 billion yuan. (Zhongxin Jingwei app).
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