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casinopokervideo| *ST Red Phase: The actual controller voluntarily invested 80 million yuan to compensate investors for losses

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casinopokervideo| *ST Red Phase: The actual controller voluntarily invested 80 million yuan to compensate investors for losses

At present, it emphasizes the three-dimensional responsibility of the executioner.CasinopokervideoUnder the general environment, gem listed companies * ST Hongxiang (rights protection) financial fraud case has been strictly investigated and dealt with by the CSRC, and the results of administrative penalties have been settled. In response to the follow-up civil liability, on the evening of April 28th, * ST Red announcement disclosed that Yang Cheng, one of the actual controllers of the company, promised to voluntarily take effect the civil judgment in the people's court or itsCasinopokervideoHe has the right to confirm that the company shall bear the amount of civil liability to legally raise funds instead of the company to bear the amount of 80 million yuan to the investors.

According to the announcement on the actual controller voluntarily undertaking a certain amount of civil compensation of the future listed company, according to * ST Red Phase, in order to safeguard the legitimate rights and interests of investors and stabilize market expectations, Yang Cheng, one of the actual controllers of the company, promised to voluntarily bear the civil compensation liability of the company in the effective civil judgment of the people's court or other authorized institutions. Take the place of the company to bear the amount of 80 million yuan to investors with legal self-raised funds. As a donation to the listed company, the compensation amount of 80 million yuan will no longer be recovered from the listed company.

In order to fulfill the guarantee promise, Yang Cheng agreed to pledge 20 million shares of * ST Hongxiang to Xiamen Hongxiang Intelligent Technology Co., Ltd., a wholly-owned subsidiary of the listed company. In addition to the above specific measures, Yang Cheng will try his best to cooperate with and support listed companies to fulfill their possible civil liability in the future, so as to fully safeguard the interests of listed companies and minority shareholders. And once the undertaking is made, it shall be irrevocable.

* ST Red said in the announcement that the company's board of directors will continue to pay attention to the progress of the matter, and will promptly urge Yang Cheng to fulfill the relevant commitments if there are any commitments.

Some market analysts pointed out that the voluntary commitment made by the actual controller of ST Red Phase coincided with the State Council's release of the "opinions on strengthening Supervision and preventing risks to promote the High-quality Development of the Capital Market" (referred to as the new "National Nine articles"). This is highly consistent with the requirements of the "New National Nine articles" to "highlight the people-centered value orientation and more effectively protect the legitimate rights and interests of investors, especially medium and small investors." It is another case in which major shareholders take the initiative to contribute to compensate investors in China's capital market. The actual controller's active contribution to compensate the damaged investors will greatly reduce the pressure on civil compensation funds of listed companies, help to maintain the normal production and operation order of listed companies, and fundamentally safeguard the interests of small and medium-sized investors. it has positive guidance and demonstration effect.

(article Source: economic reference Network)