江苏舜天股票与隋田力有关糸吗

Jiangsu Shuntian and Suo Tianli are closely related. Starting from 2009, Jiangsu Shuntian has been engaged in special network communication business with Suo Tianli. The business negotiation, contract signing, invoice circulation, fund collection and payment, and goods acceptance between Jiangsu Shuntian and its upstream suppliers and downstream customers are mainly coordinated by Jiangsu Shuntian's business personnel and Suo Tianli's personnel. The contract templates, products, models, purchase and sale prices, logistics, etc. are all provided by Suo Tianli. Moreover, the receivables of Jiangsu Shuntian's communication equipment business involve 9 customer companies, most of which are either companies in the special network communication fraud circle or have close relationships with those companies. Interestingly, according to the annual reports disclosed from 2016 to 2020, Jiangsu Shuntian's main business revenue...

1. Jiangsu Shuntian's Involvement in False Business

Jiangsu Shuntian's participation in the special network communication business led by Suo Tianli can be considered as a false self-circulation business, where contracts, funds, and bills form a closed loop. The annual reports disclosed by Jiangsu Shuntian from 2009 to 2021 and the accounting error correction announcement on April 30, 2022...

2. Revelation from the Investigation by the China Securities Regulatory Commission

The documents disclosed by the China Securities Regulatory Commission reveal an interesting detail. As the chairman of Jiangsu Shuntian, Gao Song is aware that the communication equipment business is arranged by Suo Tianli, and the upstream and downstream enterprises are designated by Suo Tianli. Gao Song also urged the collection of funds from Suo Tianli. When Suo Tianli's funding chain broke and Jiangsu Shuntian...

3. Administrative Penalties Imposed on Jiangsu Shuntian

On July 2, 2023, Jiangsu Shuntian received a pre-notification letter of administrative penalties from the China Securities Regulatory Commission. According to the pre-notification letter, Jiangsu Shuntian has been negotiating and conducting special network communication business with Suo Tianli since 2009. The annual reports from 2009 to 2021...

4. Financial Impact of False Business

Calculating the numbers, Jiangsu Shuntian and Suo Tianli have carried out false business for twelve years, with an average annual revenue increase of approximately 850 million yuan. The China Securities Regulatory Commission believes that the annual reports disclosed by Jiangsu Shuntian from 2009 to 2021 and the accounting error correction announcement on April 30, 2022...

5. Financing Role of Jiangsu Shuntian in Special Network Communication Business

In the special network communication business led by Suo Tianli, Jiangsu Shuntian acts as a capital buffer (with only a small portion of the business acting as a channel) and does not assume product risks. It earns profits (or channel fees) based on the amount and duration of the capital buffer. Jiangsu Shuntian is aware of its role in the special network communication business and should be aware...

In conclusion, Jiangsu Shuntian's stock is closely related to Suo Tianli due to their involvement in the special network communication business. Suo Tianli has played a significant role in coordinating various aspects of the business, including negotiation, contract signing, fund management, and invoice circulation. However, this business has been found to be a false self-circulation scheme, leading to administrative penalties imposed on Jiangsu Shuntian by the China Securities Regulatory Commission. This revelation has had significant financial implications for Jiangsu Shuntian and raises concerns about the company's transparency and compliance.