Yili Clean Energy\’s performance forecast \”changed\”, with a difference of hundreds of millions of yuan between the previous and later disclosures! The company and its executives were issued warning letters

Log in to the Sina Finance APP and search [Xinpi] to view more evaluation grades. For stock trading, look at Jin Qilin analyst research reports, which are authoritative, professional, timely and comprehensive to help you tap potential theme opportunities! On April 25, the Inner Mongolia Securities Regulatory Bureau disclosed an announcement on the decision to issue warning letters to Yili Clean Energy Co., Ltd. and relevant responsible personnel.

According to the announcement, Yili Clean Energy Co., Ltd. (hereinafter referred to as Yili Clean Energy), Chairman Wang Ruifeng, General Manager Hou Jinghui, and Financial Director Zhang Yanmei were subject to administrative supervision measures such as issuing warning letters due to inaccurate performance disclosures, and were recorded in securities and futures records. Market Integrity Profile Database.

After investigation, when Yili Clean Energy disclosed its 2023 performance forecast on January 31, the estimated net profit was between 36.45 million yuan and 52.86 million yuan, and after deducting non-net profits, it was -112.42 million yuan to -96.01 million yuan.

On April 23, the company disclosed a correction to its performance forecast because the company expected to accrue credit impairment provisions for monetary funds deposited at Elion Group Finance Company, and to make additional provision for asset impairment losses and associates for the coal resources held by the company. Due to factors such as the decrease in corporate net profits, it is estimated that the net profit in 2023 will be revised to a loss of 487.37 million yuan to 595.67 million yuan, and the non-net profit will be a loss of 620.05 million yuan to 728.35 million yuan. The difference between the data disclosed before and after is hundreds of millions of yuan! The Inner Mongolia Securities Regulatory Bureau stated that the above situation violated the provisions of Article 3, paragraph 1, of the \”Measures for the Administration of Information Disclosure of Listed Companies\”.

According to paragraph 3 of Article 51 of the \”Administration Measures\”, Yili Clean Energy\’s chairman Wang Ruifeng, general manager Hou Jinghui, and financial director Zhang Yanmei failed to perform their obligations of diligence and responsibility and bear the main responsibility for the above problems.

The decision letter requires Yili Clean Energy and the above-mentioned personnel to seriously learn lessons, effectively strengthen the study of securities laws and regulations, strengthen the management of information disclosure affairs, strictly perform information disclosure obligations, and report to the Inner Mongolia Securities Regulatory Bureau within 30 days from the date of receipt of the decision letter. Submit a written correction report.

In fact, as early as April 23, after the company issued a correction to its performance forecast, the Shanghai Stock Exchange quickly issued a letter of inquiry, requesting Elion Clean Energy to explain whether the company\’s large amount of funds deposited by Elion Finance Company was suspected of channeling it to the controlling shareholder and other related parties. interests, whether they constitute non-operating capital occupation, and whether the company’s previous disclosure of monetary funds and other information is true and accurate.

As of the close of trading on April 25, Yili Clean Energy rose 1.58% to 1.93 yuan per share, with a total market value of 6.872 billion yuan.

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