LNGF(SZ:002717) Xin Lang Cai Jing·2025-09-27 23:29Group 1 - Company Lingnan Ecological Culture and Tourism Co., Ltd. (岭南股份) announced that 20,000,000 shares held by shareholder Mr. Yin will be auctioned for the second time, representing 1.10% of the company's total shares, starting from October 9, 2025 [3] - The company and Mr. Yin received a notice from the China Securities Regulatory Commission (CSRC) regarding an investigation for suspected violations of information disclosure laws [4] - The company previously discovered that the former actual controller had occupied funds, and it is unclear if the current investigation is related to this issue [4][5] Group 2 - The company identified that in March 2021, it paid 10 million yuan to a supplier, which was ultimately transferred to a company designated by Mr. Yin, constituting fund occupation [5] - As of December 31, 2024, the highest balance of occupied funds by Mr. Yin was 200 million yuan, accounting for 18.79% of the company's latest audited net assets [5] - Mr. Yin has returned 10.5 million yuan in cash to the company and plans to repay the remaining occupied funds of 142.35 million yuan through various financing methods [5][6] Group 3 - Following the self-examination, the company is actively pursuing the return of occupied funds to mitigate adverse effects [6] - Some affected investors have filed lawsuits seeking compensation for losses incurred due to the alleged violations, with the potential for claims based on specific conditions [6][7] - The company primarily engages in landscaping and cultural creative businesses, including exhibition marketing services and ecological restoration [7]