Hangke Technology fell more than 11% in early trading, and was banned from public offering for 1 year due to violation of the letter

Hangke Technology fell more than 11% in early trading, and was banned from public offering for 1 year due to violation of the letter
On April 13, Hangke Technology announced that it received the decision on the regulatory measures issued by the China Securities Regulatory Commission on April 10.Due to the disclosure of information in the prospectus: First, there is no repeated suspension of the execution of the contract and the risk of resulting inventory depreciation reserve, and the relevant prepayment disclosure is incorrect.In December 2018, BAK Power suspended the fourth-phase project contract, the prospectus was not disclosed, and the Bike Power fourth-phase contract prepayments totaled 16 million yuan, accounting for 15% of the contract amount. The contract advance payment was disclosed with the prospectus30% absolute.Second, it did not disclose the situation that BAK Power’s bills receivable were due and could not be accepted.From October 2018 to June 2019, BAK Power has a total of 12 commercial acceptance bills, totaling 11,692.The 70,000 annual termination acceptances, of which 44.6 million have been paid through wire transfers and the rest 7232.70,000 yuan has not been paid, the above facts are inconsistent with the prospectus.Violation of the relevant provisions of Article 34 of the “Administrative Measures on the Initial Public Offering of Stocks of the Science and Technology Board (Trial)” (SFC Order No. 153), in accordance with the “Administrative Measures on the Initial Public Offering of Stocks of the Science and Technology Board (Trial)”The relevant provisions of Article 74 are adopted for administrative supervision and management measures that do not accept public offering of securities-related documents within one year.In the final press release, Hangke Technology dropped 11.twenty two%.Editor Sun Yong