Regarding the 2021 annual report disclosed by the listed company, the inquiries from the regulatory authorities are still continuing. On May 11, another 12 stocks including *ST Yikang (000150), *ST Xinwen, Fuxiang Pharmaceutical, and Sante Cableway received the annual report inquiry letter issued by the exchange. According to incomplete statistics by reporters from Beijing Business Daily, up to now, nearly 300 stocks in Shanghai and Shenzhen have received inquiries regarding annual reports, most of which are concentrated in Shenzhen-listed companies. Inquiry letter. In contrast, there are fewer inquiries regarding the annual report in the Shanghai stock market, and only 17 shares have received inquiries regarding the annual report. The reporter noticed that among the above-mentioned stocks receiving letters, many companies have extended their replies, including *ST Western Regions, *ST Boxin, China Super Holdings, etc. The reply to the inquiry letter was delayed twice.
Nearly 300 annual reports were questioned
With *ST Yikang, Sante Ropeway, Hongda New Materials and other 12 stocks receiving the annual report inquiry letter on May 11, the 2021 annual report will continue to expand. According to incomplete statistics by reporters from Beijing Business Daily, nearly 300 shares have received inquiries regarding the annual report so far.
On the morning of May 11, 8 stocks including Fuxiang Pharmaceutical, *ST Huangtai, Jingwei Co., Ltd., Gudi Technology, *ST Xinwen, Sante Ropeway, and United Sturd successively disclosed that they had received the annual report issued by the Shenzhen Stock Exchange. Inquiry letter; in the followingnoon of the same day, *ST Yikang, Montnets Technology, Ronglian Technology, and Aike shares also issued an announcement showing that the company received the annual report inquiry letter issued by the Shenzhen Stock Exchange.
Looking at the above-mentioned stocks, the company’s 2021 annual report-related issues have been questioned by the Shenzhen Stock Exchange. Taking *ST Yikang as an example, the company’s annual report disclosed that Ding Haifang, an independent director, issued an unreliable objection statement to the company’s 2021 annual report. In this regard, the Shenzhen Stock Exchange requested *ST Yikang to make a key statement on the above matters.
In addition, in 2021, * ST Yikang achieved operating income of 1.334 billion yuan, a year-on-year decrease of 14.55%; realized attributable net profit of -682 million yuan; and realized attributable net profit following deduction of non-existing net profit of -762 million yuan. As of December 31, 2021, *ST Yikang’s net assets were -411 million yuan, and overdue bank loans totaled 1.492 billion yuan. The annual audit accountant issued an inability to express an opinion on the company’s 2021 financial report, and said that it was impossible to judge the company’s continued use of Whether the operating assumptions are appropriate for the preparation of the 2021 financial statements.
The Shenzhen Stock Exchange requires *ST Yikang to explain the reasons for the continuous decline in operating income, attributable net profit and net profit following deducting non-deductibles during the reporting period; explain the reasons for continuing to prepare the 2021 annual report on the premise of continuing operations.
A reporter from Beijing Business Daily noticed that since the end of the annual report disclosure period, A-share listed companies began to intensively receive inquiries from exchanges, mainly from Shenzhen-listed companies.
According to incomplete statistics, as of the press release of the Beijing Business Daily, a total of 136 companies on the Shenzhen Main Board have received inquiries regarding their annual reports, and 138 companies with GEM stocks have received inquiries regarding their annual reports.
The number of inquiry functions in the annual report of individual stocks in the Shanghai stock market is relatively small. According to the statistics of Oriental Fortune Chioce, only Jiangquan Industry, Aidi Pharmaceutical, SIIC Development, Baihuacun, *ST Garden City, *ST Boxin, *ST Ruide, etc. 17 The 2021 annual report of the stock was questioned.
After calculation, up to now, a total of 291 shares in Shanghai and Shenzhen stock exchanges have received the annual report inquiry letter. Wang Chikun, an independent economist, told the Beijing Business Daily that stocks that generally receive inquiries regarding annual reports have some financial ambiguity or some corporate governance problems.
*ST Boxin and other delays are difficult to reply
Among the individual stocks that received letters, there are also many companies that are difficult to reply. They have disclosed the announcement of postponement of reply, and *ST Yuancheng and *ST Nanhua have twice postponed their reply to the annual report inquiry letter.
After the market close on May 11, *ST Western Regions disclosed the announcement on the postponement of replying to the Shenzhen Stock Exchange’s annual report inquiry letter. It is understood that *ST Western Regions received the annual report inquiry letter issued by the Shenzhen Stock Exchange on April 28, requiring the company to make a written explanation on the issues involved in the annual report inquiry letter, and submit the relevant explanatory materials before May 11. external disclosure.
Now that the deadline has come, *ST Western Regions stated that the company will postpone to May 18 to complete the reply to the annual report inquiry letter and disclose it to the outside world.
In addition to *ST Western Regions, *ST Boxin, Aiskai, China Super Holdings, *ST Hejia, Jinfu Technology, *ST Dazhi, Harbin Industrial Intelligence, ST Tianshan and other stocks have also disclosed delays in responding to the exchange’s annual report questions The announcement of the inquiry letter has not responded to the public so far.
According to statistics, Lianchuang Co., Ltd., ST Hongtu, *ST Yuancheng, *ST Nanhua, etc. have also disclosed announcements of postponement of reply to inquiry letters, and the above-mentioned stocks have been postponed twice.
On the morning of May 11, Lianchuang disclosed that it would postpone its reply to the Shenzhen Stock Exchange’s annual report inquiry letter. It is understood that Lianchuang shares received the annual report inquiry letter issued by the Shenzhen Stock Exchange on April 27. At that time, the Shenzhen Stock Exchange required the company to submit relevant explanatory materials before May 5. However, on April 30, Lianchuang shares issued the “Announcement on Postponing Reply to the Shenzhen Stock Exchange’s Annual Report Inquiry Letter”, which also means that this is the second time the company has postponed its reply.
Lianchuang shares said that as of now, some matters involved in the inquiry letter still need to be supplemented and improved. Upon application, the company will continue to postpone the reply to this inquiry letter, and strive to complete the reply to the inquiry letter on May 12, 2022. .
In response to related issues, a reporter from Beijing Business Daily called Lianchuang’s board secretary office for an interview, and the staff of the other party said: “The company has already submitted a reply to the exchange on the issue of the annual report inquiry letter, but because some questions need to be supplemented, so It is necessary to postpone the reply to this inquiry letter.” The reporter noted that this is not the first time that Lianchuang shares has received an inquiry letter for the annual report, and the company’s 2020 annual report has been questioned by the Shenzhen Stock Exchange.
In addition, *ST Garden City also disclosed on the evening of May 10 that it is expected that the reply to the annual report inquiry letter cannot be completed within the specified time, and the reply will be postponed once more for 5 trading days.
*ST Garden City received the annual report inquiry letter issued by the Shanghai Stock Exchange on April 22. On April 29, the company has disclosed an announcement on the extension of the reply, and this is also the second extension.
Xu Xiaoheng, an investment and financing expert, told the Beijing Business Daily reporter that companies whose annual report inquiry letters have been repeatedly postponed may have many problems with the exchange. The company really needs time, and some companies have incomplete responses and need supplementary materials. “For companies whose 2021 annual reports have already met the requirements of ‘getting the stars off their hats’, if the company receives an inquiry letter for the 2021 annual report and doesn’t reply for a long time, I’m afraid it will be difficult to ‘get the stars off their hats’.” Xu Xiaoheng said.
Beijing Business Daily reporter Ma HuanhuanReturn to Sohu, see more
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