ST Dinglong (002502.SZ) announcement, the company recently received a decision from the Guangdong Regulatory Bureau of the China Securities Regulatory Commission...
According to the decision issued by the Guangdong Regulatory Bureau of the China Securities Regulatory Commission, Dinglong Culture Ltd. (002502.SZ) and its executives Long Xueqin, Xu Shujun and Wang Xiaoping were issued a warning letter.
According to the decision, on January 31, 2024, ST Dinglong disclosed its 2023 performance forecast, with a net income attributable to shareholders of listed companies of 0 to 5 million yuan. On April 20, the company disclosed a revision to the 2023 performance forecast, revising the net income to a loss of 5.5 million yuan to 8.2 million yuan. On April 30, the company disclosed its 2023 annual report, with a net loss of approximately 7.0754 million yuan after audit. The net income for 2023 disclosed in the performance forecast and annual report is opposite, and has not been revised in a timely manner. The above behavior violates the provisions of Article 3, Paragraph 1 of the Measures for the Administration of Information Disclosure of Listed Companies. Long Xueqin, chairman and general manager of ST Dinglong, Xu Shujun, CFO, and Wang Xiaoping, secretary of the board of directors, failed to fulfill their obligations of diligence and responsibility in accordance with Article 4 of the Measures for the Administration of Information Disclosure of Listed Companies, and are primarily responsible for the company's above violations.