Recently, the stock price of Hezong Technology (300477) has plummeted, after the company had promised to buy back**, but it has not been implemented for a long time, which has attracted the attention of regulators. According to reports, the company is suspected of violating ** laws and regulations and has been placed on file for investigation.
It is understood that in September 2021, Hezong Technology promised to repurchase shares with its own funds of no more than 100 million yuan in the next three months. However, to date, the company has not implemented a buyback program, raising questions from the market and investors.
Some investors said that as a listed company, Hezong Technology should be based on integrity and abide by its commitments. However, the company has failed to deliver on its commitment to buy back**, which is disappointing and worrying.
In this regard, Hezong Technology said that the company is actively communicating with the regulatory authorities and fully cooperating with the investigation. At the same time, the company also said that it will strengthen internal management, standardize operations, and improve the level of governance to safeguard the interests of investors.
It is worth noting that buyback** is an important means for listed companies to safeguard the interests of investors. If a listed company commits to buy back** but fails to fulfill its commitment, it may be subject to penalties from regulators and prosecution by investors. According to the analysis of industry insiders, the investigation of Hezong Technology may involve issues in corporate governance and internal control. At the same time, the incident also reminds other listed companies to pay attention to their commitments and responsibilities, strengthen internal management, and ensure the standardized operation of the company and the interests of investors. In short, the incident of Hezong Technology being investigated for failing to fulfill its buyback commitment** has attracted widespread attention from the market and investors. As a listed company, Hezong Technology should take its commitments and responsibilities seriously, strengthen internal management, and improve the level of governance to safeguard the interests of investors and market stability. At the same time, the regulatory authorities should also strengthen the supervision of listed companies to ensure the fairness, impartiality and transparency of the market. Autumn and Winter Check-in Challenge