Guo Xuan Hi -Tech responded to Guoxuan Hi -Tech in response to the four violations of the regulations.

Guoxuan Hi -Tech emphasized that the supervisory conversation was not administrative penalties, but one of the daily administrative management methods. Guoxuan Hi -Tech believes that the content of the conversation reflects the long -term development and support of the Anhui Securities Regulatory Commission for the long -term development of Guoxuan Hi -Tech, which helps the company to embrace the global market as a more international and professional.

Author: Zhou Ju

Figure: Tuwa Creative

On July 26, the website of the Anhui Regulatory Bureau of the CSRC disclosed that after a special inspection of Guoxuan Hi -Tech Co., Ltd., it was found that Guoxuan Hi -Tech has inaccurate information such as information disclosure of inaccurate information, and decided to take administrative supervision measures for regulatory conversations, and and and of. The relevant leaders Li Ye and Pan Wang issued a warning letter.

Subsequently, Guoxuan Gaoke issued a statement on the same day to respond to receiving supervision interviews.

Guoxuan Hi -Tech pointed out that the content of the conversation mainly focused on bad debt preparations, affiliated transaction approval, and government subsidy disclosure. The above situation took place in the first half of 2021 and before, the company attached great importance to it, and immediately started rectification and strengthened internal control management. As of now, the above problems have been rectified. The company's account receivables will strictly abide by the accounting standards, fully observe the accounting standards, and the information disclosure and internal approval procedures will be strictly implemented in accordance with the regulatory rules.

In addition, Guoxuan Hi -Tech emphasized that the supervision conversation was not administrative penalties, but one of the daily administrative management methods. Guoxuan Hi -Tech believes that the content of the conversation reflects the long -term development and support of the Anhui Securities Regulatory Commission for the long -term development of Guoxuan Hi -Tech, which helps the company to embrace the global market as a more international and professional.

It is worth noting that Guoxuan Hi -Tech has just announced the issue price of GDR (Global Stock Certificate) on the morning of July 26, and finally determined that the final price of this issuance was $ 30 per GDR. The number of GDR issued this time was 228.334 million, and the basic securities A shares represented by 114 million shares were 114 million shares, and the total amount of funds raised was about 685 million US dollars.

It is understood that from July 21st to July 25th, Guoxuan Hi -Tech issued GDR and listed on the Swiss Stock Exchange. It has been approved by the Swip Stock Exchange, approved by the CSRC, and the official approval of the Swip Stock Exchange.

Guoxuan Hi -Tech has made some explanations to the issuance of GDR in the statement of the regulatory interview. It stated that the company has recently received the GDR issuance approval of the China Securities Regulatory Commission and the Ruixi Stock Exchange. Listed on the Swiss Exchange. Guoxuan Hi -Tech said that in the future, he will ask himself with higher and stricter standards to give back to investors' support and trust.

In fact, the GDR issued by the three companies of Cada, Shanshan and Green Microbinium in the A -share market will be officially listed on the Swiss Stock Exchange on July 28.

The relevant documents released by the Anhui Regulatory Bureau of the CSRC show that Guoxuan Hi -Tech has four major violations.

First, the bad debt preparation is provided. The 2020 annual report did not fully consider the credit risk of Hunan Cheetvana Co., Ltd., Hangzhou Yifei Automobile Industry Co., Ltd. and other customers. Essence

Second, the approval of affiliated transactions. In the first half of 2021, Guoxuan Hi -Tech and affiliated legal person Enowei (Suzhou) New Energy Technology Co., Ltd. accumulated a total of 65.8753 million yuan in daily affiliated transactions, which were not disclosed in time when the temporary disclosure standard was reached. Discovery after review.

Third, government subsidy disclosure. At the end of September 2020, three subsidiaries including Guoxuan Hi -Tech Subsida, Hefei Guoxuan High -Key Power Energy Co., Ltd., received a total of 169.509 million yuan in government subsidies related to income. It should be disclosed and not disclosed in time. Daily disclosure. On December 30, 2020, the company's subsidiary Hefei Guoxuan Gaoke Power Energy Co., Ltd. received the New Energy Vehicle Finance Award of 30.498 million yuan. It should be disclosed and not disclosed in time. It was disclosed until January 7, 2021.

Fourth, other aspects. In the announcement of the progress of Guoxuan Hi -Tech's 2015 restricted stock incentive plan, the announcement of the progress of the implementation of restricted stocks should be repurchased to cancel the restricted stock, which led to incomplete information disclosure.

According to relevant regulations, the CSRC's Anhui Regulatory Bureau decided to adopt administrative supervision measures for supervisory conversations against Guoxuan Hi -Tech and record the relevant situation into the integrity file. The chairman and general manager, chief financial officer, and secretary of the board of directors of Guoxuan Hi -Tech are required to bring a valid identity document at 3 pm on July 27, 2022 to the Anhui Securities Regulatory Bureau (No. 6 Tianbo Road, High -tech District, Hefei City).

At the same time, the Securities Regulatory Commission Anhui Regulatory Bureau believes that as the then chairman and general manager of Guoxuan Hi -Tech, Pan Wang, as the head of the financial leader of Guoxuan Hi -Tech, is the main responsible person of the above -mentioned violations. Wang adopted an administrative supervision measure with alert letter and recorded the relevant situation into the integrity file.

According to the data, Guoxuan Hi -Tech is one of the major domestic power battery suppliers, mainly engaged in the research and development, production and sales of power lithium batteries and transmission and distribution equipment. Data in the first half of the year show that Guoxuan Hi -Tech power battery installed capacity was 45.52GWh, with a share of 5.02%, ranking fourth, second only to Ningde Times, BYD and China Innovation Airlines.

In terms of performance, Guoxuan Hi -Tech's revenue in the first quarter was 3.916 billion yuan, an increase of 203.14%year -on -year, and the net profit attributable to shareholders of listed companies was 32.037 million yuan, a year -on -year decrease of 32.79%;9.7887 million yuan, an increase of 154.69%year -on -year.According to Wind, Guoxuan Hi -Tech's performance report in the first half of the year will be disclosed on August 27.Disassembling the Shandong Economic Semi -annual Report: The upward chassis, kinetic energy, and fixed force are reduced for one year.

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