[ad_1]
Original title: Unidentified “Black Hole” inventory Guangzhou Langqi receives a letter of concern
Beijing Commercial Daily News (Reporter Qian Yu Zhang Junhua) On the evening of November 16, Guangzhou Langqi released an announcement stating that the company had received a letter of concern from the Shenzhen Stock Exchange and that there were major differences in disclosure of information. before and after the accounting treatment of the company regarding the purchase and storage of land. The Shenzhen Stock Exchange requires the company to explain whether the accounting treatment and changes are prudent in light of the amount of land purchase and storage issues and the impact on the company.
According to the content of the announcement, Guangzhou Langqi recently revealed in the “Announcement on the progress of the Guangzhou Headquarters Land Acquisition and Storage and Accounting Instructions” that Guangzhou Langqipi has obtained confirmation of the land transfer of the Guangzhou Land Development Center on October 29. At the same time, it is confirmed by the communication with Zhongshen Zhonghuan that it is expected that in 2020 land compensation payments and prepayment incentives will be deducted from the compensation for the relocation and resettlement of employees and sent staff, house demolition, land leveling, investigation and assessment of soil pollution, treatment and restoration. The net amount after these expenses is recognized as asset disposal income, which will generate a pre-tax profit of approximately 2.247 billion yuan.
A reporter from the Beijing Business Daily found that regarding the acquisition of land clearing payments, Guangzhou Langqi said in an announcement posted on November 14 that, after preliminary calculations of the company’s finances, the transaction is expected to achieve income. before tax of about 2.247 billion yuan. Have a significant impact on the company’s current operating performance.
It is worth mentioning that the compensation treatment method disclosed by Guangzhou Langqi for the first time previously differs from the above treatment method. On December 11, 2019, Guangzhou Langqi disclosed for the first time “the announcement about the delivery and storage of the Chebei lot in the Tianhe district, Guangzhou company headquarters”, stating that the transfer compensation received will be treated as a special debt. These include compensation for losses of fixed and intangible assets incurred by the enterprise during the relocation and reconstruction process, related expense expenses, losses due to work interruption and new assets to be built after the relocation must be transferred from the special deferred income payables and must be Accounted for “Accounting Principles for Commercial Enterprises No. 16 – Government Grants” If the transfer compensation received by the enterprise deducts the transferred amount from the deferred income, if there is a balance , must be treated as a capital buffer.
In view of the differences between the above two information, the Shenzhen Stock Exchange raised the following concerns.
The Shenzhen Stock Exchange requires Guangzhou Langqi to fully demonstrate the basis for changing the accounting treatment of land purchase and storage issues, whether it involves correcting errors from previous years and whether it complies with the relevant provisions of the “Accounting Standards for commercial enterprises “. Zhongshen Zhonghuan is invited to verify and express clear views.
The Shenzhen Stock Exchange requires Guangzhou Langqi to combine the amount of land purchase and storage issues and the impact on society to explain whether disclosure of relevant information may mislead investors and whether accounting treatment and changes are prudent, to please Zhongshen Zhonghuan to explain whether his practice process is maintained Due practical prudence has been achieved.
According to the announcement, Guangzhou Langqi obtained on October 29 the letter confirming the land transfer from the Guangzhou Land Development Center. Based on this, the Shenzhen Stock Exchange asked not to timely comply with the above progress disclosure obligations and verified the disclosure of information from the company’s third quarterly report If the behavior is not timely or accurate.
In addition, the Shenzhen Stock Exchange requires Guangzhou Langqi to submit a list of insider information and to self-examine whether the insider information has insider trading activity.
According to Bao Yuezhong, a new retail expert in the rapidly evolving consumer goods industry, whether it is the previous inventory loss incident or the information disclosure discrepancy, he broadly pointed to chaos in Guangzhou’s internal management. Langqi. In addition to the direct economic losses caused by it, Guangzhou Langqi’s continued fermentation has also had some impact on investors. At the same time, it has a greater negative impact on the influence, reputation, and trust issues of the company’s users and customers.
Source link
