deuceswildvideopokerstrategy| Or be terminated! The annual report was "non-standard" and the CSRC's investigation into Xunxing shares is still ongoing

Log in to Sina Finance APP to search [Xinpi] to see more evaluation levels.

On May 8, Xunxing shares (rights protection) was put on file for investigation by the China Securities Regulatory Commission (CSRC).

Xunxing said that the CSRC investigation is still ongoing, and if the company is therefore subject to administrative penalties by the CSRC and the illegal behavior falls within the major illegal compulsory delisting measures for listed companies on the Shenzhen Stock Exchange, the listing of the company's shares may be terminated.

Xunxing issued a notice on the progress of filing the investigation and risk warning on the evening of May 8, saying that the company received a "notice of investigation" from the Securities Regulatory Commission on October 25, 2018, because the company was suspected of violating laws and regulations in information disclosure. According to the relevant provisions of the Securities Law of the people's Republic of China, the CSRC decided to file a case for investigation against the company.

It is worth noting that Huaxing Accounting firm (Special General Partnership) issued the 2023 financial report of Xunxing Co., Ltd.DeuceswildvideopokerstrategyAn audit report with an unqualified opinion with an highlighted paragraph was issued. As the China Securities Regulatory Commission has not yet reached a final conclusion on the filing investigation, the auditor is unable to judge the impact of the filing investigation results on the financial statements of Xunxing shares.

(article sourceDeuceswildvideopokerstrategyTaurus in China Securities Journal)