Due to the violation of laws and regulations of the company's information disclosure, Foshan Lighting was sued by 515 investors on the grounds of “securities misrepresentation disputesâ€, involving more than 70 million yuan.
On the evening of the 22nd, Foshan Lighting announced that the company received the relevant sub-legal documents such as “Subpoena†and “Notice of Responding†from the Guangzhou Intermediate People's Court on September 17, and the Guangzhou Intermediate People's Court has accepted 515 plaintiffs. The civil litigation filed against the company on the grounds of “securities misrepresentation liability disputes†requires the company to bear civil liability for the above-mentioned information disclosure violations, with a claim amount of 73.43 million yuan and 81,900 Hong Kong dollars.
Regarding the impact of the above-mentioned cases on the company, Foshan Lighting stated in the announcement that “the case has not begun to be tried, and it is still impossible to determine the impact of the litigation case of this announcement on the current profit or the profit of the companyâ€.
Previously, Foshan Lighting had been punished by the Guangdong Securities Regulatory Bureau for violations of information and disclosure. According to the announcement of the company’s decision on the administrative penalty of the China Securities Regulatory Commission’s Guangdong Securities Regulatory Bureau, which was disclosed on March 7, Foshan Lighting was ordered to correct and warn, and was fined 400,000 yuan. In addition, the relevant responsible person was also given Warnings and fines of varying degrees.
On July 6, 2012, Foshan Lighting announced the “Notice on Receiving the Decision of Administrative Supervision Measures of Guangdong Securities Regulatory Bureauâ€, which disclosed that due to the false statement, Guangdong Securities Regulatory Bureau issued a decision on administrative supervision measures for the company and chairman of the company, Zhong Xincai. Among them, the Guangdong Securities Regulatory Bureau confirmed that the company did not disclose the relationship with related companies and related transactions in the 2009 annual report, the 2010 annual report and the interim report, the 2011 annual report and the interim report. After the news was disclosed, Foshan Lighting's share price plummeted. The day's decline was 6.96%, and the closing price was 7.62 yuan/share. The investors suffered heavy losses.
On the evening of the 22nd, Foshan Lighting announced that the company received the relevant sub-legal documents such as “Subpoena†and “Notice of Responding†from the Guangzhou Intermediate People's Court on September 17, and the Guangzhou Intermediate People's Court has accepted 515 plaintiffs. The civil litigation filed against the company on the grounds of “securities misrepresentation liability disputes†requires the company to bear civil liability for the above-mentioned information disclosure violations, with a claim amount of 73.43 million yuan and 81,900 Hong Kong dollars.
Regarding the impact of the above-mentioned cases on the company, Foshan Lighting stated in the announcement that “the case has not begun to be tried, and it is still impossible to determine the impact of the litigation case of this announcement on the current profit or the profit of the companyâ€.
Previously, Foshan Lighting had been punished by the Guangdong Securities Regulatory Bureau for violations of information and disclosure. According to the announcement of the company’s decision on the administrative penalty of the China Securities Regulatory Commission’s Guangdong Securities Regulatory Bureau, which was disclosed on March 7, Foshan Lighting was ordered to correct and warn, and was fined 400,000 yuan. In addition, the relevant responsible person was also given Warnings and fines of varying degrees.
On July 6, 2012, Foshan Lighting announced the “Notice on Receiving the Decision of Administrative Supervision Measures of Guangdong Securities Regulatory Bureauâ€, which disclosed that due to the false statement, Guangdong Securities Regulatory Bureau issued a decision on administrative supervision measures for the company and chairman of the company, Zhong Xincai. Among them, the Guangdong Securities Regulatory Bureau confirmed that the company did not disclose the relationship with related companies and related transactions in the 2009 annual report, the 2010 annual report and the interim report, the 2011 annual report and the interim report. After the news was disclosed, Foshan Lighting's share price plummeted. The day's decline was 6.96%, and the closing price was 7.62 yuan/share. The investors suffered heavy losses.
Capillary Pressure Gauge,2 In 1 Bi-Metal Thermomanometer,Pump Pressure Gauge,Copper Pipe Manometer
ZHOUSHAN JIAERLING METER CO.,LTD , https://www.zsjrlmeter.com