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A Warning Letter Was Issued On The Basis Of The Actual Controller And Related Party Occupation Fund.

2016/9/29 8:50:00 31

Chuan Cheng FashionClothing BrandCapital

September 28th, yesterday,

Chuan Cheng fashion

(834512) because the company's actual controllers Duan Lianshuang and Duan Lianjun and their associated companies occupy company funds, they are issued a warning letter by the SFC.

From November 30, 2015 to April 24, 2016, Duan Lianshuang and Duan Lianjun and their associated companies, Shanghai Zheng Tuo Pharmaceutical Technology Co., Ltd., Shanghai military new Cci Capital Ltd and Shanghai cool fan network technology Co., Ltd. occupied 10 million 430 thousand yuan in total company funds, which was not disclosed in time until April 27, 2016.

The above actions are in violation of the relevant provisions of the supervision and management measures of unlisted public companies. Accordingly, the Shanghai regulatory authority of the China Securities Regulatory Commission alerts Chuan Cheng fashion and adopts the decision to issue a warning letter.

It was learned that the above appropriation funds had been returned to the public in April 25, 2016, and the biography of Cheng Chuan said that it had accepted the supervision measures and strictly followed the regulatory requirements of the warning letters, so as to strengthen the management of information disclosure and avoid the recurrence of related parties.

capital

Occupation behavior.

At the same time, we conducted a comprehensive verification of the company's capital occupation, supplemented the relevant decision-making procedures and information disclosure.

According to the research data, Chuan Cheng fashion is mainly engaged in

Clothing brand

The company provides ODM services and designs and operates for its own women's business brand. In May 2015, actress Liu Tao was hired as spokesperson for the "Maxi" brand.


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