jackpotpartycasinoslots| A shares burst! Geng Lin, Chairman of Qujiang Cultural Tourism, was filed and detained

SourceJackpotpartycasinoslotsChina Fund Daily

Reporter Lu Xun

In 2023, the performance forecast changed greatly, that is, from a profit of about 17 million to 23 million yuan to a loss of about 1.JackpotpartycasinoslotsAfter .95 billion yuan, Geng Lin, chairman of Qujiang Wenjun, was put on file and put on lien by the Shangzhou District Supervisory Committee of Shangluo City.

Prior to this, after continuing to climb slowly, the share price of Qujiang Wenlun suddenly fell by the limit on April 15 and April 16, and continued to fall by the limit on April 25 after the performance forecast changed dramatically.

The chairman of the board was put on file and retained.

Qujiang Wenjun announced on the evening of April 26 that it received the "filing notice" and "lien notice" issued by the Shangzhou District Supervisory Committee of Shangluo City on the same day, and put Geng Lin, the chairman of the company, into lien. According to the articles of association, the company held the third meeting of the 10th board of directors on April 26, which agreed that Xie Xiaoning, director, general manager and chief financial officer of the company, would perform the duties of the chairman of the company during the vacancy of the chairman.

According to the data, Geng Lin was born in July 1982 with a graduate degree. He has served as deputy general manager, executive deputy general manager and general manager of Xi'an Qujiang City Wall Tourism Development Co., Ltd., general manager of Xi'an New Chinatown Management Co., Ltd., and director of Datang never Night City Management Office in Xi'an Qujiang New area. He is currently the deputy general manager of Xi'an Qujiang Cultural Industry Investment (Group) Co., Ltd., the executive director, legal representative and general manager of Xi'an Qujiang Tourism Investment (Group) Co., Ltd., and the chairman of Qujiang Culture Travel.

The performance has changed greatly

At the end of January 2024, Qujiang Wen Lu announced that according to the preliminary calculation of the financial department, it is estimated that the net profit attributed to the owner of the parent company in 2023 is about 17 million yuan to 23 million yuan, compared with the same period last year, the net profit attributed to the owner of the parent company is expected to be about-10 million yuan-4 million yuan in 2023.

In 2022, the net profit of Qujiang Wenlu belonging to the owner of the parent company is-249 million yuan, and the net profit belonging to the owner of the parent company after deducting non-recurring profit and loss is-261 million yuan.

At that time, the company explained that the reason for the pre-profit in 2023 was, on the one hand, the impact of the main business. During the reporting period, the tourism market continued to pick up, and the company's income from Datang Furong Garden and Ocean Polar Park, and hotel catering, sports events and other business income increased compared with the same period last year. On the other hand, the impact of non-operating profit and loss, during the reporting period, the company's non-recurrent profit and loss impact amount of about 27 million yuan, mainly for the government subsidies received by the company.

However, on the evening of April 24th, Qujiang Wen Brigade announced that according to the calculation of the financial department again, the net profit attributed to the owner of the parent company is expected to be about-195 million yuan in 2023, and the net profit attributed to the owner of the parent company after deducting non-recurring profits and losses is expected to be about-222 million yuan in 2023.

The main reason for the correction of the performance forecast is that, based on the principle of prudence and in accordance with the requirements of accounting policy, Qujiang Wen Travel judged that the expected credit loss model of accounts receivable changed, and the bad debt increased by about 192 million yuan, resulting in a performance loss in 2023.

In this regard, the Shanghai Stock Exchange issued a "regulatory work letter on the correction of related matters in advance of the performance of Xi'an Qujiang Cultural Tourism Co., Ltd."

On April 26th, Qujiang Wen Travel Company's share price was at 12.23 yuan, with a total market capitalization of 3.12 billion yuan.