Visual China.
Within a day, Green Pine (300132SZ) has received two fines from the Fujian Securities Regulatory Bureau and the Shenzhen Stock Exchange, which directly refer to its information disclosure violations in 2022.
According to the regulatory letter issued by the Shenzhen Stock Exchange on December 27, on November 1, 2022, Qingsong Co., Ltd. disclosed the "Fujian Nanping Qingsong Chemical *** Equity Project Asset Appraisal Report Involved in the Equity of Fujian Qingsong Co., Ltd.'s Proposed ** Subsidiary", which cited the relevant content and evaluation conclusions of the appraisal report of Fujian Kaicheng Asset Appraisal Land and Real Estate Appraisal *** hereinafter referred to as "Kaicheng Appraisal") numbered "Min Kai Ping Bao Zi [2022] No. Z0191". On November 2, 2022, Qingsong Co., Ltd. disclosed the "Announcement on the Reply to the 2022 Letter of Concern of Shenzhen ** Exchange", once again mentioning the information of the above evaluation report.
However, after investigation, it was found that Kaicheng Assessment had not issued an assessment report numbered "Min Kai Ping Bao Zi [2022] No. Z0191". The appraisal report numbered "Min Kai Ping Bao Zi [2022] No. Z0191" obtained by Qingsong Co., Ltd. is actually an electronic document, which is not stamped with the seal of the signature asset appraiser, and there are contradictions in the report number information on the cover and the main text.
In other words, Qingsong shares quoted it in the information disclosure document without obtaining a formal evaluation report. This behavior also violated the relevant provisions of the Shenzhen Stock Exchange's "GEM ** Listing Rules" and the "Administrative Measures for Information Disclosure of Listed Companies". The Shenzhen Stock Exchange issued a regulatory letter to Qingsong shares;The Fujian Securities Regulatory Bureau took regulatory measures to issue a warning letter to Qingsong Shares, Chairman Fan Zhanhua, and Secretary of the Board of Directors Luo Qihui, and recorded them in the market integrity file database.
According to the relevant announcement, in November 2022, Qingsong Co., Ltd. intends to transfer 100% of the shares of its wholly-owned subsidiaries Fujian Nanping Qingsong Chemical Co., Ltd. *** hereinafter referred to as "Qingsong Chemical") and Longsheng (Hong Kong)** to Wang Yinian, with a transfer consideration of about 2$5.6 billion and about 02.8 billion yuan, a total of about 2$8.4 billion.
At that time, Qingsong Co., Ltd. hired Beijing CEA Asset Appraisal Co., Ltd. (hereinafter referred to as "CEA") to evaluate all the shareholders' rights and interests of Qingsong Chemical and issued an appraisal report. The value of all shareholders' equity after the income method of Qingsong Chemical is about 2600 million yuan, the value of all shareholders' equity after the asset base method evaluation is about 3300 million yuan, the conclusion of this evaluation adopts the income method to evaluate the results.
It is worth noting that CEA's above-mentioned appraisal report cites the conclusion of the appraisal report [2022] No. Z0191 issued by Fujian Kaicheng Asset Appraisal Land and Real Estate Valuation***. CEA said that the purpose of the report was to provide a market value reference for the estimation of the value of the assets involved in the proposed expropriation and compensation of Qingsong Chemical, and the cited Kaicheng appraisal report had been officially issued and approved by the report client, Qingsong Chemical and the Land Acquisition and Reserve Center of Jianyang District, Nanping City.
It is also understood that before disclosing the equity of the subsidiary, Qingsong Chemical had received a notice of relocation from the relevant local departments. Therefore, the evaluation of Qingsong Chemical's equity will involve issues related to expropriation compensation.
According to public information, Qingsong Co., Ltd. was established in 2001 and listed in 2010, initially focusing on the deep processing business of turpentine, that is, using turpentine as the main raw material to produce synthetic camphor, borneol and other fine chemical products through chemical and physical processing methods. In 2019, the company successfully acquired 90% of the shares of Nosbel and began to set foot in the cosmetics business.
In the first three quarters of this year, Qingsong achieved operating income of 144.1 billion yuan, a year-on-year decrease of 3273%, and the net profit loss attributable to shareholders of listed companies was 6374530,000 yuan, a net loss of 6 in the same period last year5.7 billion yuan. This is also the ninth consecutive quarter of loss in the net profit attributable to the parent company of Qingsong shares. (This article was first published by Titanium **app, author |.)Ma Jun)