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A performance compensation payment of over 6 million was mistakenly attributed, causing the company's Earnings Reports to contain false entries, and CHINA TOURISM AND CULTURE INVESTMENT GROUP will be subjected to Special Treat.
① In 2019, CHINA TOURISM AND CULTURE INVESTMENT GROUP understated assets and profits by 6.4243 million yuan, accounting for 3.55% of the absolute value of the disclosed total profit for that period; in 2020, it overstated assets and profits by 6.4243 million yuan, accounting for 25.86% of the absolute value of the disclosed total profit for that period. ② CHINA TOURISM AND CULTURE INVESTMENT GROUP was fined 2 million yuan.
CHINA TOURISM AND CULTURE INVESTMENT GROUP (600358.SH): Implementing Other risk warnings.
Gelonghui March 14丨CHINA TOURISM AND CULTURE INVESTMENT GROUP (600358.SH) announced that, according to the relevant provisions of the "Listing Rules" Articles 9.8.1, 9.8.2, the company's Stocks will be suspended for one day on March 17, 2025, and starting from March 18, 2025, other Risk Warning Board will be implemented. After the implementation of the other Risk Warning Board, the daily limit for price fluctuations of the Stocks will be 5%. After the implementation of the other Risk Warning Board, the company's Stocks will be traded on the Risk Warning Board.
China Tourism And Culture Investment Group Co.,Ltd's (SHSE:600358) 26% Price Boost Is Out Of Tune With Revenues
CHINA TOURISM AND CULTURE INVESTMENT GROUP (600358.SH): The 4.73% shares held by Contemporary Tourism have been ruled by the court to be transferred to Nam Cheong Jiang Travel.
CHINA TOURISM AND CULTURE INVESTMENT GROUP (600358.SH) issued an announcement, recently, the company received a "Notification Letter" from contemporary tourism managers...
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