Xiaosong Co., Ltd. received a regulatory letter from the Shenzhen Stock Exchange for failing to disclose performance forecasts as required. Chairman Peng Guoyu and others violated multiple regulations.

Xiaosong Co., Ltd. received a regulatory letter from the Shenzhen Stock Exchange for failing to disclose performance forecasts as required. Chairman Peng Guoyu and others violated multiple regulations

The Shenzhen Stock Exchange (hereinafter referred to as the "Shenzhen Stock Exchange") issued a regulatory letter to Xiaosong Co., Ltd. (002723.SZ) because the profit and loss nature of its performance changed and it failed to provide notice as required.

[Two Supreme News] On July 4, the Shenzhen Stock Exchange (hereinafter referred to as the "Shenzhen Stock Exchange") issued a regulatory letter to Xiaosong Co., Ltd. (002723.SZ) because the profit and loss nature of its performance changed and it was not carried out in accordance with the regulations. Preview.

 

The regulatory letter stated that Xiaosong Shares disclosed its 2023 annual report on April 30 this year. The company's net profit attributable to the parent company was a loss of 6.9164 million yuan, a decrease of 168.85% from the same period last year, and the nature of profits and losses has changed. The company failed to make a performance forecast within one month from the end of the 2023 fiscal year as required.

 

The Shenzhen Stock Exchange believes that the above-mentioned behavior of Xiaosong Co., Ltd. violated the relevant provisions of the "Stock Listing Rules" and that the company's chairman Peng Guoyu, general manager Lu Baoshan, and financial director Wen Lin failed to fulfill their duties and fulfill their obligations of integrity and diligence.

 

Public information shows that Guangdong Xiaosong Technology Co., Ltd. is mainly engaged in home appliance business, e-cigarette business, and engineering construction industry. The company's main products are lighting fixtures, fans, air purifiers, reloadable e-cigarettes, disposable e-cigarettes, and engineering construction services.

 

The original text is as follows:

 

Board of Directors of Guangdong Xiaosong Technology Co., Ltd., Peng Guoyu, Lu Baoshan, Wen Lin:

 

The "2023 Annual Report" disclosed by your company on April 30, 2024 shows that your company's net profit attributable to shareholders of listed companies in 2023 was -6,916,378.84 yuan, a decrease of -168.85% from the same period last year, and the nature of profits and losses has changed. Your company failed to make a performance forecast within one month from the end of the 2023 fiscal year as required. Your company's above-mentioned behavior violated the provisions of Articles 1.4, 2.1.1 and 5.1.1 of the Exchange's Stock Listing Rules (revised in August 2023). Your company's chairman Peng Guoyu, general manager Lu Baoshan, and financial director Wen Lin failed to fulfill their duties and fulfill their obligations of integrity and diligence, violating Articles 1.4, 2.1.2, and The provisions of Article 4.3.5 and Article 5.1.9.

 

The Exchange hopes that your company and all directors, supervisors and senior managers will learn lessons seriously, and reminds you that the company and all directors, supervisors and senior managers will strictly abide by the Securities Law, Company Law and other laws and regulations, as well as the Exchange's Stock Exchange Listing Rules" and relevant regulations, fulfill information disclosure obligations truthfully, accurately, completely, timely and fairly, and prevent such incidents from happening.

 

Notice is hereby given

 

Shenzhen Stock Exchange Listed Company Management Department II

 

July 4, 2024