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On April 23, SZ002486, a textile company listed on the Shenzhen Stock Exchange, was listed on the A-share market.Playingbaccarat.09 yuan, with a market capitalization of 17Playingbaccarat3.9 billion yuan) issued about Shanghai Jialinjie Textile Co., Ltd.PlayingbaccaratRegulatory letter (hereinafter referred to as the "regulatory letter").

A reporter from the Daily Business News noted that the above letter pointed out that Jia Linjie had three violations, including illegal financial assistance, undisclosed remuneration of some directors and supervisors, irregularities in deliberation, and misstatements in long-term equity investment accounting.

The compensation of directors and executives is not accurately disclosed.

Specifically, according to the Supervision letter, it was found that Jia Linjie had violated the financial assistance regulations, and the company's subsidiary had borne 200000 yuan in fees for a third party in December 2022 and failed to go through the review procedures of the board of directors.

Secondly, the remuneration of some directors is not disclosed and the review is not standardized. The subsidiary of the company takes out annuity insurance for some directors and executives of the company, but it is not disclosed in the annual report from 2020 to 2022.PlayingbaccaratThe board of directors of the company convened the board of directors in April 2022 and April 2023 to deliberate the motion on the remuneration of the company's senior managers and the motion on the remuneration of directors of the company. The motion focuses on the compensation of directors and executives disclosed in the annual reports of 2021 and 2022, reviews and confirms the compensation of directors and executives in 2021 and 2022, because the annuity insurance of some directors and executives of the company is not disclosed in the annual report. The content of the motion is incomplete and inaccurate, resulting in the compensation of some directors and executives not considered by the board of directors. The relevant directors did not shy away from voting when considering the director's remuneration bill.

In addition, the company held annual shareholders' meetings in 2021 and 2022 in May 2022 to consider the "motion on the remuneration of directors of the company". The main content of the motion is the remuneration of directors disclosed in the annual reports of 2021 and 2022, to review the remuneration of directors in 2021 and 2022. The annuity insurance of some directors is not disclosed in the annual report, and the content of the motion is incomplete and inaccurate, so that the annuity insurance of some directors of the company has not been examined by the general meeting of shareholders.

In addition, Jia Linjie also has the problem of misstatement of long-term equity investment accounting, which leads to cumulative misstatement of long-term equity investment in the 2022 annual report.

The Supervision letter pointed out that the company did not identify the applicable standards for overseas invested enterprises and corporate standards as accounting policy differences, and failed to adjust the long-term equity investment, resulting in a cumulative misstatement of 35.21 million yuan in the long-term equity investment subject in the 2022 annual report. accounting for 3.38% of audited net assets in 2022. Jia Linjie's related acts violated articles 1.4 and 2.1.1 of the Stock listing rules of Shenzhen Stock Exchange, Article 6.1.3 of the guidelines on self-discipline Supervision of listed companies on Shenzhen Stock Exchange-standardized Operation of listed companies on the main Board, and Article 3.3.2 of the guidelines on self-discipline of listed companies on Shenzhen Stock Exchange No. 1-standardized Operation of listed companies on the main Board.

The chairman of the company has been issued a warning letter.

According to the Supervision letter, Jia Linjie's above actions violated the relevant regulations, and the Shenzhen Stock Exchange asked Jia Linjie and all his directors, supervisors and senior managers to seriously learn lessons and strictly abide by relevant laws, regulations and regulations. True, accurate, complete, timely and fair performance of information disclosure obligations to prevent such incidents from happening again.

In the previous April 17, Jia Linjie announcement has disclosed that the Shanghai Securities Regulatory Bureau has taken regulatory measures to order it to correct, and asked Jia Linjie to take effective measures to correct, and submit a written rectification report within the specified time. At the same time, the Shanghai Securities Regulatory Bureau also adopted administrative supervision measures issued by four people, including Chairman Yang Xi, General Manager and Board Secretary Zeng Guanjun, President Yang Shibin, and Chief Financial Officer Cui Tokyo, because they failed to perform their duties diligently. Responsible for the above actions of the company.

Public information shows that Jia Linjie's main business is the production and sales of high-grade fabrics and garments for outdoor sports. According to the company's previous performance report, revenue in the first three quarters of 2023 was about 756 million yuan, down 26.94 percent from the same period last year, and the net profit of returning home was about 51.63 million yuan, down 25.05 percent from the same period last year.

It is worth noting that on April 16, Jia Linjie shares fell by the limit at the end of the day. As of the noon close on April 23, the company's share price was at 2.09 yuan per share, with a total market capitalization of 1.739 billion yuan.