Boshen Tools: Penalties or regulatory measures and rectifications by securities regulators and exchanges in the past five years

Abstract The Company and all members of the Board of Directors guarantee the truthfulness, accuracy and completeness of the information disclosure, and there are no false records, misleading statements or major omissions. Boshen Tools Co., Ltd. (hereinafter referred to as "the company") has been listed since its launch in 2009...
The company and all members of the board of directors guarantee the truthfulness, accuracy and completeness of the information disclosure, and there are no false records, misleading statements or major omissions.

Since its listing in 2009, Boshen Tools Co., Ltd. (hereinafter referred to as “the company”) has strictly followed the laws and regulations such as the “Company Law”, “Securities Law”, “Shenzhen Stock Exchange Listing Rules” and the “Articles of Association”. Regulations and requirements, constantly improve the corporate governance mechanism, and promote the sustainable and healthy development of enterprises.

At present, the company's non-public offering of shares is under the review stage of the China Securities Regulatory Commission (hereinafter referred to as the “CSRC”). According to the feedback requirements of the China Securities Regulatory Commission, the company has been punished by the securities regulatory authorities and exchanges in the past five years. Or take regulatory measures and rectification announcements as follows:

I. The company has been punished by securities regulatory authorities and exchanges in the past five years. The company has not been punished by securities regulatory authorities and exchanges in the past five years.

2. The company has been supervised by the securities regulatory authorities and exchanges in the past five years and the corresponding rectifications. On April 9, 2013, the Hebei Securities Regulatory Bureau issued the “Consultation Letter on Boshen Tools Co., Ltd.” to the company. [2013] No. 43), regarding the company's 2012 annual performance report amendment announcement, the financial data of the original announcement has been greatly reduced in the performance report, and the company is required to conduct a comprehensive self-examination of the cause of the matter and formulate a rectification plan. The Hebei Regulatory Authority requires the company to strengthen the relevant regulations, accounting standards and accounting policies for directors, supervisors, senior management personnel and financial personnel, and requires the company to strengthen the internal control of financial internal audit and information disclosure to ensure the accuracy of financial data and information disclosure. Such incidents happen again.
On April 24, 2013, the management department of the small and medium-sized board company of Shenzhen Stock Exchange issued the “Regulatory Letter on Boshen Tools Co., Ltd.” (SME Board Supervision Letter [2013] No. 49) to the company, The financial data disclosed by the performance report differs greatly from the actual data and is not disclosed in time. The board of directors of the company is required to pay full attention to the above problems, learn lessons, promptly rectify, eliminate the recurrence of the above problems, and remind the company to comply with national laws and regulations. Shenzhen Stock Exchange Listing Rules and the “Guidelines for the Standardized Operation of Listed Companies of Small and Medium-sized Enterprises”, etc., are honest and trustworthy, standardize operations, and perform information disclosure obligations in a serious and timely manner; remind all directors, supervisors and senior management of the company to ensure information The disclosure is true, accurate and complete, and there are no false records, misleading statements or major omissions, and they bear individual and joint responsibility for their guarantees.
In response to the above problems, the company carried out a self-examination and conducted a self-examination report and rectification plan on the issues related to the disclosure of the 2012 annual performance report to the Hebei Securities Regulatory Bureau on April 27, 2013 (Bo Shenzi [2013] No. 13 number).
The company has strengthened the implementation of relevant laws and regulations, strengthened relevant training, deepened the understanding of relevant accounting standards and accounting policies, and strengthened communication with annual auditors and other professional intermediaries to avoid the recurrence of similar problems.
After the company's self-examination, in addition to the above matters, the company has not been subject to other regulatory measures by the securities regulatory authorities and exchanges in the past five years.


Special announcement.


Boshen Tools Co., Ltd.
April 10, 2015

Flat Webbing Sling

Flat Slings,Polyester Flat Webbing Sling,Flat Polyester Woven Webbing Sling,Flat Woven Webbing Sling

Guangdong Gongyou Lift Slings Machinery CO.,LTD , https://www.gongyouslings.com