Zhongxin Jingwei, March 1 On the evening of March 1, Luolai Life Technology Co., Ltd. (hereinafter referred to as "Luolai Life") issued an announcement saying that the company and related responsible persons were issued a warning letter by the Jiangsu Securities Regulatory Bureau.
The Jiangsu Securities Regulatory Bureau pointed out that after investigation, Luolai Life had the following information disclosure violations:
First, Luolai Life disclosed on October 26, 2023 that "it received a written resignation report from the then director Zhao Bingxian, who applied for resignation as a director for personal reasons". Zhao Bingxian did not sign the resignation report before October 26, 2023, and the above information disclosed by the company is inconsistent with the actual situation.
Second, the company's information disclosure on the number of participants and voting at the fourth (provisional), fifth (provisional) and sixth (provisional) meetings of the sixth board of directors is inconsistent with the actual situation.
Third, the then director Zhao Bingxian was taken into custody in the early stage and was unable to perform his duties as a director, which was a major event that should be disclosed in a timely manner, and the company failed to perform its information disclosure obligations in a timely manner after learning of the matter.
The above-mentioned behavior of Luolai Life violated the provisions of Article 3, Paragraph 1, Article 22, Paragraph 1 and Paragraph 2 (17) of the Administrative Measures for Information Disclosure of Listed Companies (Decree No. 182 of the CSRC). Xue Xia, secretary of the board of directors of the company, as the person in charge directly responsible for information disclosure, failed to be diligent and conscientious, violating Article 4 of the Administrative Measures for Information Disclosure of Listed Companies (Decree No. 182 of the CSRC), and is primarily responsible for the company's above-mentioned violations.
According to Article 52 of the Administrative Measures for Information Disclosure of Listed Companies (Decree No. 182 of the CSRC), the Jiangsu Securities Regulatory Bureau decided to take administrative supervision measures of issuing warning letters to Luolai Life and Xue Xia, and recorded them in the market integrity file.
Luolai Life said that after receiving the warning letter, the company and relevant personnel will deeply reflect and earnestly learn lessons, and will strengthen the study of relevant laws, regulations and rules, continuously improve the awareness of information disclosure, fulfill information disclosure obligations in accordance with the law, avoid the recurrence of such incidents, effectively safeguard the interests of the company and the majority of investors, and promote the sustainable and stable development of the company. The warning letter will not have a significant impact on the company's production, operation and management activities.
Also because of the above violations, the Shenzhen Stock Exchange issued a regulatory letter to Luolai Life and Xue Xia on March 1.
According to the data, Luolai Life focuses on the R&D, design, production, marketing channel construction and brand promotion of home textiles based on bedding.
In terms of performance, Luolai Life achieved revenue of 37 in the first three quarters of 20235.5 billion yuan, a year-on-year increase of 099%;Net profit attributable to shareholders of listed companies41.6 billion yuan, a year-on-year increase of 617%。
In the secondary market, Luolai Life closed up 052% to 959 yuan shares, with a total market value of 8 billion yuan. (Zhongxin Jingwei app).
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