Core Viewpoint - The announcement details the administrative regulatory measures imposed on Huaying Agriculture due to violations related to asset transfer and failure to disclose important information [1][2]. Summary by Sections Administrative Regulatory Measures - Huaying Agriculture and its relevant personnel received a decision from the Henan Securities Regulatory Bureau, which includes orders for corrective actions and warnings for responsible individuals [1]. - The company failed to timely review and disclose an asset transfer that occurred on January 15, 2020, which was only disclosed on April 15, 2022 [1]. - The company also neglected to follow the proper procedures for waiving the right of first refusal on a 49% equity transfer from a subsidiary in March 2023 [2]. Responsibilities and Consequences - Key individuals, including the former chairman and general manager, are held primarily responsible for the violations [1][2]. - The regulatory measures require the company to submit a written rectification report within 30 days and emphasize the need for improved compliance with securities laws [2]. Company Response - The company acknowledges the issues raised in the decision and commits to implementing corrective measures and enhancing its internal controls and compliance awareness [2][3]. - The administrative measures are not expected to impact the company's normal business operations [3].
华英农业: 关于公司及相关人员收到行政监管措施决定书的公告