2020-10-29

Investigated due to suspected violations of the letter Phi, Yihua Life has been opening to limit

Investigated due to suspected violations of the letter Phi, Yihua Life has been opening to limit
Sauna Night News (Reporter Yan Xia) On April 27, Yihua Life announced that it had received the “Investigation Notice” from the China Securities Regulatory Commission. The China Securities Regulatory Commission decided to investigate Yihua Life due to suspected information disclosure violations.Today, Yihua Life’s pre-opening is a daily limit, which is currently sustainable at 2.03 yuan / share, a single-day decline of 9.78%.Yihua Life is mainly engaged in the research, development, design, production and sales of furniture and wooden floors and other household products; the company’s product positioning is mid-to-high-end, and its transformation products include wooden furniture and wooden floors, upholstered furniture and other product series, each with multiple independent brands.According to Yihua Life’s performance forecast, it is expected that the annual net profit attributable to shareholders of listed companies will be about 108 million yuan to 159 million yuan in 2019; after deducting non-recurring gains and losses, it is expected that the net profit attributable to shareholders of listed companies will be realized in 2019.Net profit is about -12 million yuan to 175 million yuan.Regarding the reasons for the loss in performance, Yihua Life said that due to the impact of Sino-US trade frictions, customer orders in the North American market have decreased. Since North America is still one of the company ‘s main export sales markets, it is difficult for the company to transfer sales centers in a short time, resulting in exportRevenues have dropped substantially every year.Public information shows that the controlling shareholder of Yihua Life is Yihua Enterprise (Group) Co., Ltd., and the actual controller is Liu Shaoxi.Yihua Enterprise (Group) Co., Ltd. is a large multinational enterprise group that integrates the four major industries of residential life, medical pension, real estate hotel, capital and finance.Liu Shaoxi is also the actual controller of another listed company, Yihua Health.Sauna, Ye Wang, editor of Yan Xia Li Weijia proofreading Chen Diyan