Qinchuan machine tool was issued a warning letter

Qinchuan machine tool was issued a warning letter by Shaanxi Securities Regulatory Bureau in time. Zhao Jing intern Yin Gaofeng recently, the factor company did not disclose government subsidies in time, and Qinchuan machine tool was issued a warning letter and a supervision letter by Shaanxi securities regulatory bureau and Shenzhen Stock Exchange respectively. In the warning letter issued by Shaanxi securities regulatory bureau, Qinchuan machine tool also involved the failure to disclose the entrusted financial management of its subsidiaries in time

on July 11, the Shaanxi Securities Regulatory Bureau Station issued the "decision on taking measures to issue warning letters to Qinchuan Machine Tool Group Co., Ltd." (hereinafter referred to as the "decision"). The "decision" pointed out that after investigation, Qinchuan machine tool did not disclose in time the financial situation of some countries entrusted by the Commission under the guise of safety and health and did not disclose government subsidies in time

according to the warning letter, from January 1 to September 30, 2017, Qinchuan International Financial Leasing Co., Ltd., a holding subsidiary of Qinchuan machine tool, purchased a total of 421million yuan of bank financial products. Qinchuan machine tool failed to perform the obligation of information disclosure in time as required; In addition, on November 16, 2017, Shaanxi Hanjiang Machine Tool Co., Ltd., a holding subsidiary of Qinchuan machine tool, received a government subsidy of 10.6127 million yuan, including 6.8227 million yuan related to income. Qinchuan machine tool failed to fulfill its obligation of information disclosure in time as required. It was not until March 15, 2018 that Qinchuan machine tool disclosed the above two matters in the 2017 annual report about the recent invention of a new chemical process by the critical materials Institute, an innovative workshop of the U.S. Department of energy

on July 16, Shenzhen Stock Exchange also issued the supervision letter on Qinchuan Machine Tool Group Co., Ltd. for Qinchuan machine tool's failure to disclose that its subsidiary Shaanxi Hanjiang Machine Tool Co., Ltd. received government subsidies in time

securities called Qinchuan machine tool and learned that the problem with entrusted financial products was that a single financial transaction did not meet the disclosure standard at that time, but the cumulative amount later reached the disclosure standard. What are the characteristics of the thermal insulation material experimental machine? accurate As for the failure to disclose the government subsidy in time, Qinchuan machine tool said to that it was mainly a "problem of information transmission". When the holding subsidiary Shaanxi Hanjiang Machine Tool Co., Ltd. received the government subsidy, Qinchuan machine tool didn't know about it, and later found out this matter when making the annual report. According to the new standard of information Phi last year, Shaanxi Securities Regulatory Bureau issued a warning letter to the company