Oriental Garden s administrative penalty was officially landed and fined 1.5 million lawyers, invest

Mondo Social Updated on 2024-02-01

Produced by Radar Finance and Economics Lei Zhu Bar |Long Sail edDeep sea

On January 31, Oriental Garden received the "Administrative Penalty Decision" issued by the Beijing Supervision Bureau of the China ** Supervision and Administration Commission.

It was found that there were misstatements in the annual reports of Oriental Garden from 2019 to 2022 and the prospectus of "20 Donglin G1" corporate bonds.

Mu Yingjie, who was the chairman of Oriental Garden at the time, signed a written confirmation opinion on the 2019-2021 annual report disclosed by Oriental Garden, as well as the prospectus of the "20 Donglin G1" corporate bonds, and guaranteed that the content of the above documents was true, accurate and complete, and failed to be diligent and conscientious. According to the provisions of the third paragraph of Article 82 of the ** Law, Mu Yingjie is the person in charge who is directly responsible for the illegal disclosure of relevant information of Oriental Garden.

According to the facts, nature, circumstances and degree of social harm of the parties' illegal acts, and in accordance with the provisions of the second paragraph of Article 197 of the ** Law, the Beijing Securities Regulatory Bureau decided: 1. Order Oriental Garden to make corrections, give a warning, and impose a fine of 1.5 million yuan; 2. Mu Yingjie was given a warning and fined 700,000 yuan. Liu Weijie, a party to this case, is to be handled separately in accordance with law.

Oriental Garden said that the violations of laws and regulations involved in the company's receipt of the "Administrative Penalty Decision" did not touch the major illegal forced delisting and financial forced delisting stipulated in the "Shenzhen **Stock Exchange** Listing Rules".

As of the disclosure date of this announcement, the company's production and operation activities have been carried out in a normal and orderly manner. The Company has disclosed the Announcement on the Correction and Retrospective Adjustment of Accounting Errors in the Previous Period on the Designated Information Disclosure ** on February 1, 2024 to correct the accounting misstatements in the previous period involved in the Administrative Penalty Decision.

Regarding the company's punishment, Zhang Yanwei, director of Shanghai Renying Law Firm, told Radar Finance that according to the ** law and relevant regulations, if the misconduct of a listed company causes losses to investors, the injured investors can claim compensation in accordance with the law. Any injured investor who held Oriental Garden** on July 12, 2023** can sign up for a claim. Sign up for free and pay attention to the official account "Lei Zhu Bar" (Lei Zhu Code: 88) for claim registration. There are no fees until you receive the claim.

Tianyancha data shows that Oriental Garden (formerly known as: Beijing Oriental Garden Ecological Co., Ltd.) was established in 1992, a member of Oriental Garden, located in Beijing, is an enterprise mainly engaged in public facilities management. The registered capital of the enterprise is 26854620,000 RMB, more than 99% of its counterparts in Beijing, with a paid-in capital of 173657640,000 RMB, and has completed strategic financing in 2018, with a transaction amount of 101.4 billion RMB. Through the big data analysis of Tianyancha, Beijing Oriental Garden Environment Co., Ltd. has invested in a total of 148 enterprises and participated in 959 bidding projects; In terms of intellectual property rights, there are 230 pieces of trademark information, 313 pieces of patent information, and 60 pieces of copyright information. In addition, the company also has 31 administrative licenses.

Related Pages