蓝鲸新闻12月13日讯，近日，河南证监局发布了行政监管措施决定书，剑指开封市发展投资集团有限公司。 决定书指出，开封市发展投资集团有限公司部分债券募集资金未用于约定用途，违反了《公司债券发行与交易管理办法》的相关规定。 针对以上问题，河南证监局决定对开封市发展投资集团有限公司采取出具警示函的监督管理措施， 并记入证券期货市场诚信档案。 | 索 引 号 | bm56000001/2025- 00014447 | 分 类 | | | --- | --- | --- | --- | | 发布机构 | | 发文日期 | 1763951228000 | | 称 NI | | 关于对开封市发展投资集团有限公司采取出具警示函监督管理措施的决定 | | | 文 言 | 河南证监局行政监管措施决 定书〔2025〕54号 | 主题词 | | 如果对本监督管理措施不服,可以在收到本决定书之日起 60 日内向中国证券监督管理委员会提出行政复议申请,也可以 在收到本决定书之日起 6个月内向有管辖权的人民法院提起诉 – 1 – 中国证券监督管理委员会河南监管局 行政监管措施决定书 〔2025〕54 号 关于对开封市发展投资集团有限公司采 ...

Core Viewpoint - Zhenjiang Urban Construction Industry Group Co., Ltd. has received a written warning from the Shanghai Stock Exchange due to improper management of raised funds, including transferring over 2.2 billion yuan into general accounts, and failing to disclose this in periodic reports from 2020 to 2022 [1] Group 1: Company Overview - Zhenjiang Urban Construction was established in 1994 and has developed into a "comprehensive urban operation service provider" with three main businesses: urban asset operation, real estate development, and environmental industry [1] - As of September 30, 2025, the company reported total assets of 172.635 billion yuan and total liabilities of 106.398 billion yuan [1] - For the first three quarters of 2025, the company achieved operating revenue of 6.362 billion yuan, a year-on-year decrease of 11.28%, and a net profit of 235 million yuan, a year-on-year increase of 2.29% [1] Group 2: Credit Rating and Risks - The company holds an AA credit rating with a stable outlook according to a report from Shanghai New Century Credit Rating Co., Ltd. [1] - The rating report highlights the company's advantages, such as being the main infrastructure construction entity in Zhenjiang, which allows it to receive government support, and its water business has regional exclusivity [2] - However, the report also points out significant risks, including a large debt scale, high repayment pressure, weak asset liquidity, and substantial external guarantees to other state-owned enterprises [2] Group 3: Regulatory Environment - The Shanghai Stock Exchange has strict regulations regarding the management of raised funds, requiring issuers to use a "special account" for receiving and storing raised funds [3] - The guidelines emphasize that funds must not be used for non-designated purposes until fully utilized and require issuers to maintain a detailed usage ledger [3] - The Shenzhen Stock Exchange has similar stringent requirements, stating that issuers changing the use of raised funds without rectification will be prohibited from issuing bonds again [4] Group 4: Enhanced Regulatory Measures - The China Interbank Market Dealers Association has also issued notifications for stricter fund supervision, emphasizing the need for thorough tracking of every account involved in the flow of raised funds [5] - Regulatory bodies are moving towards deeper penetration checks to ensure compliance with fund usage [5]