crashteamracingmobile| Guorui Technology: Other risk warnings will be implemented when receiving the administrative penalty decision

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7
2024-05-19
News summary [Guorui Technologycrashteamracingmobile: Receiving the administrative penalty decision will be implemented...

News summary

[Guorui Technologycrashteamracingmobile: Receiving the administrative penalty decision will be implemented with other risk warnings] Securities Times e Company News, Guorui Technology (300600) announced on the evening of May 19. On May 17, the company received the "Administrative Penalty Decision" from the China Securities Regulatory Commission. After investigation, the company communicated falsely through participating in private networkcrashteamracingmobile.crashteamracingmobile..

crashteamracingmobile| Guorui Technology: Other risk warnings will be implemented when receiving the administrative penalty decision

Newsletter text

[Guorui Technology: Other risk warnings will be implemented when receiving the administrative penalty decision] Securities Times e Company News, Guorui Technology (300600) announced on the evening of May 19. On May 17, the company received the "Administrative Penalty Decision" from the China Securities Regulatory Commission. After investigation, the company falsely increased operating income by 226 million yuan in its 2020 annual report by participating in the false self-circulation business of private network communications, accounting for 39.61% of the disclosed operating income that yearcrashteamracingmobile; The total inflated profits were 40.2577 million yuan, accounting for 49.68% of the total disclosed profits that year. The China Securities Regulatory Commission decided to order the company to make corrections, give a warning, and impose a fine of 2 million yuan; and warn relevant parties and impose fines of varying amounts. The company's shares will be suspended for one day on May 20, and will resume trading on May 21 when the market opens and will be subject to other risk warnings. The stock abbreviation will be changed from "Guorui Technology" to "ST Ruike". Guorui Technology also disclosed that the company's controlling shareholder, Zhejiang Province Second Light Industry Group Co., Ltd., plans to increase its shares in the company by 30 million yuan to 50 million yuan within six months from May 21. The cumulative increase ratio will not be higher than 2% of the total share capital, and the increase price will not be higher than 10 yuan/share.

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