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under the current trend of strict supervision, listed companies and their senior executives are constantly being prosecuted for violations of regulations and laws.

on the evening of september 6, three companies, nord holdings (600110), st xudian (000413), and st xulan (000040), disclosed that they had been filed with the china securities regulatory commission.

nord shares: suspected of illegal and irregular information disclosure

on the evening of september 6, nord holdings disclosed that the company and its chairman chen lizhi, vice chairman xu songqing, and board secretary wang handuo received a "notice of case filing" delivered by the china securities regulatory commission on september 6. due to suspected violations of information disclosure laws and regulations, the china securities regulatory commission decided to file a case in accordance with relevant laws and regulations.

regarding the above-mentioned case investigation, nord shares stated after self-examination that on april 10, 2024, nord shares disclosed the "announcement of nord new materials co., ltd. on the proposed acquisition of 90.2% equity of yuncaifu futures co., ltd." on april 30, nord shares and relevant responsible persons received a warning letter issued by the jilin securities regulatory bureau. subsequently, on may 31, nord shares and relevant responsible persons were warned by the shanghai stock exchange.

the shanghai stock exchange determined that when nord shares acquired 90.2% of the equity of yuncaifu futures co., ltd., the target company's audited net profit in 2022 was -55.7422 million yuan, accounting for 15.82% of the company's audited net profit in 2022. nord shares did not disclose the signing of the above framework agreement in a timely manner, so it was given a regulatory warning. nord shares said that it has actively responded to the issues raised in the above regulatory warning and issued a rectification report, and also suspended the relevant acquisition matters.

in addition, nord shares also stated that as of the date of the announcement, after self-examination by the company, there are currently no other major matters that should be disclosed according to laws and regulations, and the company's production and operation are normal. during the investigation, the company will fully cooperate with the relevant work of the china securities regulatory commission and strictly fulfill its information disclosure obligations in accordance with regulatory requirements.

public information shows that nord shares is one of the pioneering companies in china that independently develops and produces electrolytic copper foil. the company originated from an enterprise established by the changchun institute of applied chemistry of the chinese academy of sciences. it has four major electrolytic copper foil production bases and has now become one of the leading suppliers of lithium battery copper foil.

in the first half of this year, nord achieved revenue of 2.386 billion yuan, a year-on-year increase of 9.82%; net profit loss was 159 million yuan. currently, the latest share price is 3.02 yuan per share, with a total market value of 5.27 billion yuan.

st solectron: the company and its controlling shareholder were investigated

on the same evening, st xudian announced that the company received a notice of filing a case from the china securities regulatory commission on september 6. due to suspected violations of laws and regulations on information disclosure, the china securities regulatory commission decided to file a case against the company and its controlling shareholder.

as early as may 9 this year, st solectron disclosed the first announcement of being investigated, and this case is the second investigation.

st xudian said that the company's production and business activities are currently operating normally. during the investigation, the company will actively cooperate with the relevant investigation work of the china securities regulatory commission and strictly fulfill its information disclosure obligations in a timely manner in accordance with the provisions of relevant laws and regulations and regulatory requirements.

at present, st xudian is in a suspended state due to the termination of listing. on august 16 this year, the company received a "preliminary notice" issued by the shenzhen stock exchange. because the daily closing prices of the company's a shares and b shares were both lower than 1 yuan for 20 consecutive trading days from july 18, 2024 to august 14, 2024, the shenzhen stock exchange intends to decide to terminate the company's stock listing.

according to data, st xudian's main business is optoelectronic display manufacturing, new energy vehicle manufacturing and building installation engineering. in the first half of this year, the company achieved operating income of 2.307 billion yuan, a year-on-year decrease of 1.33%; the net profit attributable to the parent company was a loss of 239 million yuan, compared with a loss of 297 million yuan in the same period last year.

st xulan: suspected of violating laws and regulations in information disclosure

on the evening of september 6, st xulan (000040) announced that it had received the "notice of case filing by the china securities regulatory commission" issued by the china securities regulatory commission on the same day. the company and its controlling shareholder dongxu group were suspected of illegal and irregular information disclosure. the china securities regulatory commission decided to file a case against the company and its controlling shareholder dongxu group.

it is worth noting that st xulan disclosed the first investigation announcement on may 9 this year, and this is the second time it has been investigated. at that time, st xulan announced that because the company failed to disclose its 2023 annual report within the prescribed period, the china securities regulatory commission decided to file a case against it in accordance with relevant laws and regulations.

st xulan said that at present, the company's production and business activities are carried out normally. during the investigation, the company will actively cooperate with the relevant investigation of the china securities regulatory commission and strictly fulfill its information disclosure obligations in a timely manner in accordance with the provisions of relevant laws and regulations and regulatory requirements.

on july 5 this year, st xulan received the "decision on taking corrective measures against dongxu blue sky new energy co., ltd. and dongxu group co., ltd." issued by the shenzhen securities regulatory bureau, ordering the company to return the 7.796 billion yuan of non-operating funds within six months from the date of receipt of the decision. however, as of now, the company has not repaid the 7.796 billion yuan of non-operating funds, nor has it put forward a clear repayment plan.

according to the relevant regulations of the shenzhen stock exchange, if the company fails to recover 7.796 billion yuan of non-operating funds within six months as ordered to correct the problem, the shenzhen stock exchange will suspend trading of the company's shares. if the rectification is not completed within two months after the suspension, the shenzhen stock exchange will implement a delisting risk warning for the company's stock trading. if the rectification is still not completed within two months thereafter, the shenzhen stock exchange will decide to terminate the company's stock listing.

in the first half of the year, st xulan achieved revenue of 541 million yuan, a year-on-year decrease of 53.21%; net profit loss was 92.8661 million yuan, a year-on-year decrease of 466.59%. as of now, the company's latest share price is 1.4 yuan per share, with a total market value of 2.08 billion yuan.