神农种业: 关于最近五年被证券监管部门和交易所采取监管措施或处罚及整改情况的公告

Core Viewpoint - Hainan Shennong Seed Industry Co., Ltd. has disclosed its regulatory history over the past five years, indicating no penalties from securities regulators or exchanges, while addressing past violations and corrective measures taken [1][2][5]. Summary by Sections Recent Penalties - The company has not faced any penalties from securities regulators in the last five years [2]. - There have been no penalties imposed by the exchange during the same period [1]. Regulatory Measures - On December 28, 2020, the Shenzhen Stock Exchange issued a notice of criticism against the company due to past violations, including inflated revenue through fictitious seed sales from 2014 to 2016, totaling 54.06 million yuan, 22.24 million yuan, and 7.51 million yuan respectively, and profit inflation of 25.15 million yuan in 2015 through non-substantive rights transfer [2][3]. - The company corrected its financial reports for 2014 to 2016, resulting in a net profit reduction of 1.31%, 136.73%, and 6.98% respectively, with 2015's profit turning from profit to loss [2]. Corrective Actions - Following the criticism, the company's board and management took the matter seriously, conducting thorough reviews and implementing corrective measures [4]. - The company is committed to enhancing its financial system, improving financial regulations, and increasing the professional level and compliance awareness of its financial personnel through ongoing training [4][5]. - The company will also strengthen communication with annual audit institutions and enhance the accuracy of financial data, while reinforcing internal audit supervision and improving the quality of financial disclosures [5].