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seagamescountries| Fuda Alloy: Zhejiang Securities Regulatory Bureau issued a warning letter for violations of Xinpi

Fuda Alloy (603045) announced on the evening of May 8 that the company received a letter from Zhejiang Regulatory Bureau of China Securities Regulatory Commission on May 8.SeagamescountriesDecision on ordering corrective measures to Fuda Alloy material Co., Ltd and issuing warning letter measures to Chen Songyang (hereinafter referred to as "Administrative Supervision measures decision No. 61") and "decision on ordering corrective measures to Wang Dawu" (hereinafter referred to as "Administrative Supervision measures decision No. 66").

According to the decision on Administrative Supervision measures No. 61, after investigation, the actual controller, Chairman Wang Dawu and his concerted actors did not disclose the shares held by others in a timely manner, resulting in inaccurate disclosure of information related to the shareholding of directors, supervisors, senior managers, core technical personnel and their close relatives in the company's prospectus. And the disclosure of relevant shareholding information in the periodic reports since the company was listed in 2018 is not accurate.

The above actions of the company violate the measures for the Administration of initial Public offering and listing (CSRC order No. 122), the measures for the Administration of Information Disclosure of listed companies (CSRC order No. 40), and the measures for the Administration of Information Disclosure of listed companies (CSRC order No. 182). Chen Songyang, then secretary of the board of directors, bears the main responsibility for the above violations. Zhejiang Securities Regulatory Bureau decided to take supervision and management measures to order the company to correct, and to take supervision and management measures to issue a warning letter to Chen Songyang, which was recorded in the integrity files of the securities and futures market.

According to the decision on Administrative Supervision measures No. 66, Wang Dawu, as the actual controller and chairman of the company, failed to inform the company in time and disclose that he and the person acting in concert held shares for others, which led to the inaccurate disclosure of information related to the shareholding of directors, supervisors, senior managers, core technical personnel and their close relatives in the company prospectus. And the disclosure of relevant shareholding information in the periodic reports since the company was listed in 2018 is not accurate.

The above acts violate the measures for the Administration of initial Public offerings and listing (CSRC order No. 122), the measures for the Administration of Information Disclosure of listed companies (CSRC order No. 40), and the measures for the Administration of Information Disclosure of listed companies (CSRC order No. 182). Zhejiang Securities Regulatory Bureau decided to take supervision and management measures to order Wang Dawu to correct, which should be recorded in the integrity files of the securities and futures market.

(article sourceSeagamescountriesChina Securities News, China Securities Network)