On October 13, Lingda Automobile (838591) announced that the company had received a decision on the administrative supervision measures of the Chongqing Securities Regulatory Commission of the China Securities Regulatory Commission.
As of April 30, 2017, Lingda Automobile did not prepare and disclose the annual report within 4 months from the end of the 2016 fiscal year, and will not disclose it until May 26, 2017. As of August 30, 2017, the company did not disclose the semi-annual report within 2 months from the end of the first half of 2017. As of now, it has not disclosed it. The company has disclosed the periodic report twice in a row.
The above acts violate the relevant provisions of Articles 20 and 22 of the Measures for the Supervision and Administration of Unlisted Public Companies. The Chongqing Securities Regulatory Bureau decided to take regulatory measures against the company. The chairman, board secretary and financial controller of Lingda Automobile will go to the Chongqing Securities Regulatory Bureau on October 16, 2017 for a supervisory talk.
Lingda Auto said that it will complete the 2017 semi-annual report as soon as possible, and at the same time strengthen the training of relevant personnel securities laws and regulations, and strictly fulfill the information disclosure obligations.
According to public information, Lingda car in three new board listed on September 2, 2016, by agreement transfer, the company's main woven fabrics, warp-knitted fabrics, knitted fabrics, full fabric seat cover fabric, full leather with airbag Seat covers, fabrics and leather are mixed with airbag seat covers.
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