On July 11, Deli shares (605198.SH) announced that Qu Kunsheng, then vice president of the company, violated several regulations on the reduction of shares held by shareholders of listed companies, directors, supervisors and senior managers, and shareholders and directors of listed companies on the Shanghai Stock Exchange. , Supervisors, and senior management personnel to reduce shareholding details, Shanghai Stock Exchange Stock Listing Rules (revised in 2020), Shanghai Stock Exchange Self-regulatory Regulations for Listed Companies Applicable Guidelines No. 2 - Disciplinary Action Implementation Standards, Shanghai Stock Exchange Disciplinary measures and implementation measures for regulatory measures were publicly condemned and punished by the Shanghai Stock Exchange.
It is understood that it has been found out that on September 18, 2020, Yantai North Andre Juice Co., Ltd. (hereinafter referred to as "Deli Shares" or "Company") was listed on the Shanghai Stock Exchange (hereinafter referred to as "the Exchange") .Qu Kunsheng, the then vice president, promised in the company's prospectus that the shares issued before the company's initial public offering held by him through Yantai Xing'an Investment Center (Limited Partnership) (hereinafter referred to as "Xing'an Investment") will be Within 36 months from the date of listing and trading on the Exchange, it will not be transferred or entrusted to others for management, nor will it be repurchased by the company, and it promises not to evade the above-mentioned share lock-up commitment by transferring shares in Xing'an Investment.As of June 22, 2021, Xing'an Investment held 20 million shares of the company, accounting for 5.45% of the company's total share capital; Qu Kunsheng, as a limited partner of Xing'an Investment, contributed 16% of Xing'an Investment through Xing'an Investment. Indirectly hold company shares.
On March 31, 2022, the 2021 annual report disclosed by the company showed that Qu Kunsheng transferred his 16% capital share in Xing'an Investment during his tenure, indirectly reducing his holding of 3.2 million shares of the company.On June 22, 2021, after the completion of the transfer of partnership shares, Qu Kunsheng has resigned on June 28, 2021.Qu Kunsheng, the then vice president of the company, transferred the full amount of his capital contribution under the condition that he clearly promised not to reduce the company's shares in the form of transfer of shares in Xing'an Investment. The relevant information was disclosed in the company's annual report on March 31.
The above behavior violated Article 3 of the Several Regulations on the Reduction of Shares by Shareholders, Directors, Supervisors and Senior Management of Listed Companies, Article 3 of the Detailed Rules for the Implementation of Share Reduction by Shareholders, Directors, Supervisors and Senior Management of Shanghai Stock Exchange Rules 1.4, 2.23, 3.1.7, 11.12.1 and other relevant provisions of the Shanghai Stock Exchange Listing Rules (Revised in 2020) (hereinafter referred to as the "Stock Listing Rules") and their regulations in the "Directors ( Supervisors, Senior Management) Statement and Commitment.For this disciplinary matter, the responsible person responded with no objection.
The punishment is explained as follows: Qu Kunsheng, the then vice president of the company, transferred the full amount of his capital contribution under the condition that he made a clear promise not to reduce the company’s shares in the form of transfer of shares in Xing’an Investment, which was a serious violation of the previous commitment, and the relevant reduction actions were not disclosed in a timely manner. , until March 31, 2022, to disclose the relevant information in the company's annual report.The above behavior violated Article 3 of the Several Regulations on the Reduction of Shares by Shareholders, Directors, Supervisors and Senior Management of Listed Companies, Article 3 of the Detailed Rules for the Implementation of Share Reduction by Shareholders, Directors, Supervisors and Senior Management of Shanghai Stock Exchange Rules 1.4, 2.23, 3.1.7, 11.12.1 and other relevant provisions of the Shanghai Stock Exchange Listing Rules (Revised in 2020) (hereinafter referred to as the "Stock Listing Rules") and their regulations in the "Directors ( Supervisors, Senior Management) Statement and Commitment.For this disciplinary matter, the responsible person responded with no objection.In view of the aforementioned facts and circumstances of violations, upon review and approval by the Disciplinary Action Committee of the Exchange, in accordance with Article 16.3 of the "Stock Listing Rules" and the "Measures for the Implementation of Disciplinary Actions and Regulatory Measures of the Shanghai Stock Exchange" and the "Self-regulatory Rules for Listed Companies of the Shanghai Stock Exchange" apply Guidelines No. 2 - Implementation Standards for Disciplinary Actions, the Exchange made the following disciplinary decision: Public condemnation of Qu Kunsheng, the then vice president of Yantai North Andre Juice Co., Ltd.
The reporter learned that Deli is mainly engaged in the processing, production and sales of concentrated juice.The main products are fruit juice, essence and pomace.The company operates in North America, Asia, Europe, Oceania and Africa.
