bestlivebaccaratonline| Zhongtai Chemical is punished by the China Securities Regulatory Commission, and shareholders can claim losses

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Sino-Thai Chemical (Protection of Rights) (Stock Code 002092) was issued on March 20, 2024.BestlivebaccaratonlineAfter receiving the notice of filing a case by the CSRC, the company was put on file for investigation because it was suspected of violating the law and regulations in information disclosure. Soon on March 28, 2024, Sino-Thai Chemical announced that the company and relevant responsible persons had received a "prior notice of administrative punishment" from the China Securities Regulatory Commission.

The announcement states that, as ascertained by the Xinjiang Securities Regulatory Bureau of the China Securities Regulatory Commission, there are the following illegal facts in Sino-Thai Chemistry.Bestlivebaccaratonline(1) there are false records in the 2022 annual report. (2) if the related party transactions occupied by the non-operating funds of the controlling shareholder and its related parties are not disclosed in time, there are major omissions in the annual reports of 2021 and 2022. (3) there are false records and major omissions in the annual report concerning the disclosure of the duration of corporate bonds and debt financing instruments, and the information disclosure of the relevant bond offering prospectus is inaccurate. The Xinjiang Securities Regulatory Bureau intends to decide: to order Sino-Thai Chemical to correct, give a warning, and impose a fine of 5 million yuan; warn the relevant responsible persons and impose a fine respectively.

If nothing happens, Sino-Thai Chemical will most likely be punished by the entity of the CSRC. (lawyer Li Hongjie column)

Lawyer Li Hongjie reminded that the investors who are currently eligible for claims for Sino-Thai Chemical shares are those who bought from April 10, 2021 to March 19, 2024, and sold or held the stock on or after March 20, 2024 and suffered losses. (the above is the preliminary judgment of the lawyer, and finally the effective judgment of the court shall prevail. ) (Sino-Thai Chemical Rights Protection entrance)

(this article is contributed by Li Hongjie, a lawyer from Guangdong Julong Law firm, and does not represent the views of Sina Finance. Lawyer Li Hongjie has represented a dispute over the responsibility of investors claiming misrepresentation of listed companies: Guangdong Pearl (rights protection), Suoling shares (rights protection), Changyuan Group, Tongzhou Electronics, King Kong Glass, Beijing Culture (rights protection), Huayu Software (rights protection), Zhonggong Education (rights protection), Zhongtian Science and Technology (rights protection), Hi-Tech, Aurede, Xinjiang Haoyuan, Aerospace Communications, Tianrun entertainment, Tianma shares, Hermei Group. Baobaolong, Huaxun Ark, Xilong Science (rights protection), Hongxiang shares, Poly Union (rights protection), Shenzhen Chase and other cases. )