Huang Wanzhen, the chairman of the trendy energy in time, was publicly condemned

Zhongxin Jingwei, July 18th. Due to the failure to fulfill the decision -making procedure of the board of directors and the shareholders' meeting, the difference agreement was signed, and the information disclosure obligations were not fulfilled in time. Huang Wanzhen, the chairman of Shandong Xinchao Energy Co., Ltd., was publicly condemned by the Shanghai Stock Exchange.

On the 18th, the Shanghai Stock Exchange announced the "Decision on the Disciplinary Disciplinary Disclosure of Huang Wanzhen, Chairman of Shandong Xinchao Energy Co., Ltd." (hereinafter referred to as the decision of punishment).

The decision of the punishment shows that it was found that on March 4, 2021, and February 8, 2022, Shandong Xinchao Energy Co., Ltd. (referred to as the company) disclosed the announcement of the progress of the lawsuit and litigation, saying that Huaxiang (Beijing) Investment Co., Ltd. (Beijing) Investment Co., Ltd. (Beijing) For short, Huaxiang Investment) reached a trust loan arrangement with Guangzhou Rural Commercial Bank Co., Ltd. (Guangzhou Rural Commercial Bank) and State Trust Co., Ltd. (referred to as Guotong Trust) in 2017. The fund signed by the company was 2.5 billion yuan, accounting for 45.8%of the company's audited net assets in 2016. However, the company did not perform the decision -making process of the shareholders' meeting in accordance with regulations, nor did it fulfill the disclosure obligation of temporary announcement information in accordance with regulations. The announcement also shows that after the first trial of the court, the above -mentioned difference was made up of the atypical guarantee.

On March 4, 2021, the company disclosed that because Huaxiang's investment failed to fulfill its repayment obligations, Guangzhou Rural Commercial Bank filed a lawsuit with the court on November 23, 2020, requesting Differential responsibility. Related differences in the responsibility accounted for 22.23%of the company's audited net assets in 2019, and 332.28%of the company's audited net profit in 2019.

On February 8, 2022, the company disclosed the results of the court's first trial. The amount of compensation liability accounts for 59.7%of the company's audited net profit in 2020.

The Shanghai Stock Exchange believes that in the early stage, the company had been directed by other directors, supervisors, and senior management personnel Huang Wanzhen. Without performing the relevant review procedures, the violation of the company's seal was stamped on the guarantee contract. The Shandong Regulatory Bureau made an administrative penalty and a disciplinary decision of disciplinary sanctions that was publicly condemned by the Shanghai Stock Exchange. However, the company failed to improve the internal control, and similar violations occurred again, and the nature was bad.

The Shanghai Stock Exchange pointed out that Xinchao Energy signed a difference agreement without fulfilling the decision -making procedure of the board of directors and the shareholders' meeting in accordance with the relevant rules, and did not fulfill the information disclosure obligations in a timely manner. Disclosure, the circumstances are serious. The above behavior violates the relevant provisions of the Shanghai Stock Exchange Stock Listing Rules (Revised in 2020) "(referred to as the" Stock Listing Rules ").

In terms of responsible persons, Huang Wanzhen, then chairman, as the main person in charge of the company and the first responsible person in the information disclosure. He failed to diligently take over the company's internal control system and used the company's official seal without authorization. The circumstances are serious and have the main responsibility for the company's violations. The above behavior violated the relevant provisions of the "Stock Listing Rules" and its commitments made in the "Directors (Supervisors, Senior Management) Statements and Promise".

In view of the aforementioned illegal facts and circumstances, the Shanghai Stock Exchange Disciplinary Action Committee was approved and approved, and according to Article 16.2, Article 16.3 of the Stock Listing Rules, and the Implementation Measures for the Implementation of Disciplinary Actions and Regulatory Measures of the Shanghai Stock Exchange Regulations on the Application Guidelines for Regulatory Rules No. 2 -Disciplinary Action Standards ", make the following disciplinary sanctions decision:

Huang Wanzhen, Shandong Xinchao Energy Co., Ltd. and then chairman Huang Wanzhen, publicly condemned, and publicly determined that Huang Wanzhen was not suitable as a director, supervisor, and senior managers of the listed company within 10 years.

According to the company's official website information, Shandong Xinchao Energy Co., Ltd. was established in 1985. It is an energy company with oil and natural gas exploration, mining and sales as its core business. The company is headquartered in Beijing. In November 1996, with the approval of the China Securities Supervision and Administration Commission, it was listed on the Shanghai Stock Exchange.

In the secondary market, as of the closing of the 18th, the trendy energy was reported to 2.70 yuan/share, an increase of 4.65%. At present, the company's total market value is 18.36 billion yuan. (Zhongxin Jingwei APP)

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