Recently, Sichuang Yihui (300078) released a performance forecast, and according to the preliminary calculation of the financial department, it is expected that the company's net profit loss attributable to the parent company in 2023 will be about 6$6.8 billion to $90.3 billion yuan. The net profit loss attributable to the parent company in the same period last year was about 88.2 billion yuan.
According to the announcement, the main reason for the change in performance is that the company intends to provide for goodwill impairment of 100 million yuan to 1200 million yuan; It is proposed to provide for the impairment of long-term equity investment for targets whose development trend is lower than expected. The above final data will be determined after evaluation and audit by a professional appraisal agency and audit agency hired by the company. At the same time, during the reporting period, the company actively digested the negative impact caused by administrative penalties and imposed a fine of 85.7 million yuan.
On January 8, 2024, Sichuang Yihui received the "Administrative Penalty Decision" and the "Market Ban Decision" issued by the Zhejiang Securities Regulatory Bureau.
It was found that Sichuang Yihui had fabricated material falsehoods in the public documents involving convertible bond fundraising. Specifically, in 2019, the company accumulated an inflated revenue of 3492940,000 yuan, inflated profit of 3302170,000 yuan; From January to September 2020, the cumulative inflated revenue was 6096020,000 yuan, inflated profit of 5237070,000 yuan. As a result, the company failed to truthfully disclose in the corresponding financial reports, and there were false records. In response to the above illegal facts, the Zhejiang Securities Regulatory Bureau imposed a fine of 85.7 million yuan on Sichuang Medical Hui; In addition to the fine, Zhang Lizhong, the then chairman and general manager of the company, was banned from entering the market for 10 years.
In addition, according to the facts stated in the "Administrative Penalty Decision" and "Market Ban Decision" of the Zhejiang Securities Regulatory Bureau, on January 22, Sichuang Yihui received the "Decision on Disciplinary Punishment of Sichuang Yihui Technology Co., Ltd. and Related Parties" issued by the Shenzhen Stock Exchange.
The Shenzhen Stock Exchange imposed a penalty on Sichuang Yihui for five years and did not accept the issuance and listing application documents submitted by it; Zhang Lizhong was publicly determined to be unfit to serve as a director, supervisor, or senior manager of a listed company for 10 years; Sanctions of public reprimand for other related responsibilities.
Combined with the facts of the violation determined by the CSRC and relevant legal provisions, Liu Peng, a lawyer at Shanghai Huzi Law Firm, said that there are currently two conditions for claiming compensation in this case: (1) the injured investors who sold or still held the ** after the market closed on April 30, 2021 between February 7, 2018 and April 29, 2021; (2) Injured investors who sold or still held the ** during the period from April 30, 2020 to October 28, 2022 and sold or still held the ** after the market closed on October 29, 2022.
Injured investors who meet the above conditions may have the opportunity to file a lawsuit against the company. Eligible investors can register through the official account "Dazhong ** Bao" (feature code: 11), and the final scope of compensation will be determined by the court.