| Announcement date of punishment decision: December 22, 2022 |
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| title | Sichuan Dadu River Shuangjiangkou Hydropower Development Co., Ltd. was punished by the Emergency Management Bureau of Markang City |
| Relevant regulations | Production Safety Law |
| Document batch number | (Mar) Emergency Penalty [2021] No. 01, (Mar) Emergency Penalty [2021] No. 02 |
| Reason for approval | On January 18, 2021, a forest fire broke out in Shiguangdong Village, Baiwan Township, Markang City Sichuan Dadu River Shuangjiangkou Hydropower Development Co., Ltd.: As the construction unit of Shuangjiangkou Hydropower Station, your company contracted the construction and operation and maintenance of the 10KV914 line of Shuangjiangkou Hydropower Station to China Gezhouba Group Power Co., Ltd. in 2018 by way of bidding. After being managed by the construction and management branch of Guoneng Dadu River Shuangjiangkou Hydropower Station by means of payment, your company neglected supervision, ... We did not thoroughly implement the troubleshooting and treatment of potential safety hazards, did not fully fulfill the management responsibility for the construction safety of power construction projects, did not implement the main responsibility for safety production, and the work was superficial. Guoneng Dadu River Shuangjiangkou Engineering Construction Management Branch: Although your company fully participates in safety production management, there are weak links in performance of duties. No security loopholes were found at the project site, the project management mode was not observed to adapt to the actual work, the patrol inspection was not enough, the frequency was not enough, there was a problem of substituting words for words, the implementation was not in place, and the safety supervision and management was superficial. The above facts violated the provisions of paragraphs 5 and 7 of Article 22 of the Production Safety Law. |
| Approval content | Sichuan Dadu River Shuangjiangkou Hydropower Development Co., Ltd.: an administrative penalty of RMB 100000 will be imposed. Guoneng Dadu River Shuangjiangkou Engineering Construction Management Branch: an administrative penalty of RMB 100000 will be imposed. The Shuangjiangkou Engineering Construction Management Branch of Guoneng Dadu River has not registered its branch with the market supervision and management department, which is actually the internal management department of Shuangjiangkou Company, and the fine incurred shall be borne by Shuangjiangkou Company. |
| Handled by | Markang Emergency Management Bureau |
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| Date of inquiry announcement: December 14, 2022 |
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| title | Letter of Inquiry on Major Asset Purchase Plan of Sichuan Chuantou Energy Co., Ltd |
| Relevant regulations | |
| Document batch number | SZGH [2002] No. 2726 |
| Reason for approval | The Company has received the inquiry letter issued by the Management Department I of Listed Companies of Shanghai Stock Exchange |
| Approval content | Your company is requested to disclose the information after receiving this inquiry letter, reply to our department in writing within 10 trading days against the above problems, and modify the plan accordingly. |
| Handled by | Shanghai Stock Exchange Listed Company Management Department No.1 |
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| Date of investigation announcement: November 17, 2022 |
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| title | Sichuan Investment Energy Co., Ltd.: Announcement on the Investigation of the President of the Company |
| Relevant regulations | |
| Document batch number | |
| Reason for approval | Liu Tibin is also the legal representative and chairman of the board of directors of the company. All directors, supervisors and senior managers of the Company except Liu Tibin are performing their duties normally at present. |
| Approval content | The chairman of the company was investigated |
| Handled by | Sichuan Provincial Supervision Commission |
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| Event announcement (non punishment result) Date of announcement: August 15, 2018 |
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| title | Sichuan Investment Energy's Announcement on Short term Trading Caused by Misoperation of Shareholders Holding More than 5% of the Company's Shares |
| Relevant regulations | Company Law, Securities Law, Listing Rules of Shanghai Stock Exchange |
| Document batch number | |
| Reason for approval | On August 8, 2018, Changjiang Power purchased 1936910 shares of Sichuan Investment Energy (0.0440% of the total capital stock) through the stock trading system of Shanghai Stock Exchange. The average purchase price was 8.742 yuan/share, and the transaction amount was 16934634.38 yuan. On August 9, 2018, 1770000 shares (0.0402% of the total capital stock) were purchased at an average price of 8.883 yuan/share, with a transaction amount of 15724387.18 yuan. After the closing of the market on August 9, 2018, Yangtze Power found through self inspection that due to the untimely switching of the trading software interface, traders made operational errors. At 10:14:24 on August 8, 2018, it sold 20000 shares (0.0005% of the total capital stock), with an average selling price of 8.659/share and a transaction amount of 172988.82 yuan. |
| Approval content | （1） According to the provisions of Article 47 of the Securities Law and Article 3.1.8 of the Listing Rules of Shanghai Stock Exchange, the selling of the company's shares by Yangtze Power on August 8, 2018 due to misoperation constituted a short-term transaction. The selling price of the shareholder on that day was lower than the buying cost, and there was no profit from the transaction. According to the self-examination of CSPC, the above trading behavior occurred in the process of CSPC's unilateral increase in its shareholding in Sichuan Investment Energy, and it did not know in advance the contents of the semi annual report of Sichuan Investment Energy scheduled to be disclosed on August 24, 2018, nor did it make transactions and subjective profits due to the knowledge of insider information. （2） After the self inspection of CSPC found the share reduction transaction, it immediately stopped the stock trading of Sichuan Investment Energy, took the initiative to report to the Shanghai Stock Exchange, and contacted the relevant brokers to obtain the transaction records. （3） Changjiang Power made serious criticism on the traders, and organized the securities traders to further strengthen the study of relevant regulations and systems such as the Securities Law, the Shanghai Stock Exchange Stock Listing Rules, and the Detailed Rules for the Implementation of Share Reduction by Shareholders and Directors, Supervisors and Senior Managers of Listed Companies, so as to put an end to such situations. （4） Changjiang Power will further strengthen the internal system risk control of securities trading and the review and inspection of relevant operations, and strictly implement them. |
| Handled by | board of directors |
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| Announcement date of punishment decision: April 25, 2018 |
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| title | Received the judgment of "(2016) Chuan 17 Xing Chu No. 14" issued by the Intermediate People's Court of Dazhou City, Sichuan Province |
| Relevant regulations | Criminal Law of the People's Republic of China, Interpretation of the Supreme People's Court and the Supreme People's Procuratorate on Several Issues Concerning the Application of Law in Handling Criminal Cases of Corruption and Bribery, Interpretation of the Supreme People's Court and the Supreme People's Procuratorate on Several Issues Concerning the Specific Application of Law in Handling Criminal Cases of Insider Trading and Disclosure of Insider Information The Supreme People's Court and the Supreme People's Procuratorate |
| Document batch number | [2016] Chuan 17 Xing Chu No.14 |
| Reason for approval | Huang Shunfu, the former chairman of the board of directors, is a national staff member (from 1995 to 2014, when he served as the former deputy secretary of Ya'an Prefecture Committee of Sichuan Province and commander of Ya'an Pulp and Paper Mill Construction Project, secretary of Nanchong Municipal Party Committee of Sichuan Province, chairman of Sichuan Investment Group, etc.). He took advantage of his position to provide assistance to relevant units and individuals in engineering project construction, engineering project bidding, etc, The property received by his relatives and himself from relevant personnel is equivalent to 14.0906 million yuan; As an insider of the insider information involved in the case, he encouraged his spouse to use other people's stock trading accounts to engage in securities trading related to the insider information before the information that has a significant impact on the price of securities trading was announced. He was suspected of bribery and insider trading crimes. In May 2016, he was designated by the People's Procuratorate of Sichuan Province for jurisdiction, Dazhou People's Procuratorate shall file a public prosecution to Dazhou Intermediate People's Court according to law. |
| Approval content | The Intermediate People's Court of Dazhou City made a judgment: 1. The defendant Huang Shunfu was sentenced to 12 years' imprisonment and a fine of 1 million yuan for the crime of accepting bribes; Whoever commits the crime of insider trading shall be sentenced to six years' imprisonment and a fine of 7 million yuan. It was decided to execute 15 years of fixed-term imprisonment and to impose a fine of 8 million yuan. |
| Handled by | Sichuan Dazhou Intermediate People's Court |
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| Announcement date of punishment decision: March 27, 2018 |
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| title | Received the (2016) Chuan 17 Xing Zhong No. 193 final criminal judgment issued by Dazhou Intermediate People's Court of Sichuan Province |
| Relevant regulations | Criminal Law of the People's Republic of China, Interpretation of the Supreme People's Court and the Supreme People's Procuratorate on Several Issues Concerning the Application of Law in Handling Criminal Cases of Corruption and Bribery, Interpretation of the Supreme People's Court and the Supreme People's Procuratorate on Several Issues Concerning the Specific Application of Law in Handling Criminal Cases of Insider Trading and Disclosure of Insider Information The Supreme People's Court and the Supreme People's Procuratorate |
| Document batch number | [2016] C17XZ No.193 |
| Reason for approval | Xie Hong, as a staff member of Sichuan Investment Energy, took advantage of his position to extort or illegally accept other people's property totaling 1.72 million yuan (including 500000 yuan of bribes), which was huge and sought benefits for others. His behavior constituted a crime of bribery by non state staff. Xie Hongxian, as an insider of securities trading inside information, bought the securities (Sichuan Investment Energy shares) or leaked the information before the information involving securities issuance, securities trading or having a significant impact on securities trading prices was published, which resulted in an illegal profit of 3404501.60 yuan. The circumstances are especially serious, and his behavior constitutes a crime of insider trading and disclosure of inside information. |
| Approval content | Xie Hong was sentenced to six years' imprisonment and 200000 yuan confiscation of personal property for the crime of accepting bribes by non State functionaries; Whoever commits the crime of insider trading and divulging insider information shall be sentenced to five years' imprisonment and fined 3.5 million yuan. He shall be sentenced to nine years' imprisonment and be sentenced to confiscation of personal property of 200000 yuan and a fine of 3.5 million yuan. The judgment has come into force. |
| Handled by | Sichuan Dazhou Intermediate People's Court |
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| Date of investigation announcement: November 29, 2017 |
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| title | Sichuan Investment Energy: Reply to the feedback on the application documents for Sichuan Investment Energy Co., Ltd. to publicly issue convertible corporate bonds |
| Relevant regulations | |
| Document batch number | |
| Reason for approval | Xie Hongxian, the former deputy general manager, was suspected of insider trading crimes. |
| Approval content | It was investigated by Sichuan Provincial Commission for Discipline Inspection and transferred to the judicial authority. |
| Handled by | Sichuan Commission for Discipline Inspection |
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| Announcement date of punishment decision: March 27, 2017 |
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| title | Dazhou Intermediate People's Court made a judgment on Zhao Desheng |
| Relevant regulations | |
| Document batch number | |
| Reason for approval | Zhao Desheng, the former vice chairman and general manager of the issuer, was a national staff member (from 1998 to 2014, when he served as the vice mayor of Nanchong Municipal Government, deputy secretary of the Party Committee, secretary of the Discipline Inspection Commission, and vice chairman of the Board of Directors of Sichuan Investment Group, and secretary of the Party Committee, vice chairman, and general manager of Sichuan Investment Energy Corporation), and took advantage of his position convenience, To provide assistance to relevant units and individuals in engineering project bidding, employee recruitment, job transfer and job promotion, etc., and successively received property from relevant personnel amounting to 5.544177 million yuan (including 2.055779 million yuan of attempted property), which is extremely large and constitutes a crime of bribery. In November 2016, Dazhou People's Procuratorate decided that, Zhao Desheng was prosecuted to Dazhou Intermediate People's Court for suspected bribery according to law. |
| Approval content | On March 27, 2017, Dazhou Intermediate People's Court made a first instance judgment on the case, sentenced to eight years' imprisonment and fined 500000 yuan. Zhao Desheng appealed against this. Up to now, the Sichuan Higher People's Court has made a final ruling, rejecting the appeal and upholding the original judgment. |
| Handled by | Dazhou Intermediate People's Court |
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| Date of investigation announcement: December 30, 2014 |
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| title | Explanation of Sichuan Chuantou Energy Co., Ltd. on media reports |
| Relevant regulations | |
| Document batch number | |
| Reason for approval | On December 28, 2014, the company learned from relevant parties that Huang Shunfu, the chairman of Sichuan Investment Group Co., Ltd., the controlling shareholder of the company, was suspected of serious violations of discipline and laws, and was organized to file a case for investigation. |
| Approval content | The production and operation of the company are normal, and this matter will not have a major impact on the company and its performance. The company will pay close attention to the progress of the event and timely fulfill the disclosure obligation. |
| Handled by | Other institutions |
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| Date of investigation announcement: August 21, 2014 |
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| title | Explanation of Sichuan Chuantou Energy Co., Ltd. on media reports |
| Relevant regulations | |
| Document batch number | |
| Reason for approval | On August 20, 2014, the company learned from relevant parties that Zhao Desheng, the vice chairman of Sichuan Investment Group Co., Ltd., the company's controlling shareholder, was suspected of serious violations of discipline and laws, and is currently under organizational investigation. |
| Approval content | The production and operation of the company are normal, and the matter will not have a significant impact on the company. The company will pay close attention to the progress of the event and timely fulfill the disclosure obligation. |
| Handled by | Other institutions |
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| Illegal announcement date: October 1, 2013 |
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| title | Sichuan Chuantou Energy Co., Ltd. Announcement on Short term Trading by the Second Largest Shareholder |
| Relevant regulations | Securities Law of the People's Republic of China |
| Document batch number | |
| Reason for approval | On September 27, 2013, the staff of Beijing Dadi Yuantong (Group) Co., Ltd. made operational errors (changed "buying" into "selling", and cancelled orders immediately after finding errors, but some of them were already transacted), selling 8800 shares of the company at an average price of 10.893 yuan per share. Because the buying and selling time is less than six months, it constitutes a short-term transaction. |
| Approval content | Beijing Dadiyuantong (Group) Co., Ltd. has promised to hand over 6802.4 yuan of income from this short-term exchange to the company. He also made a careful summary of the short-term trading behavior, promised the board of directors to strictly follow the trading rules in the future, and apologized to the investors of the company. |
| Handled by | Other institutions |
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| Announcement date of rectification notice: November 20, 2010 |
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| title | Sichuan Chuantou Energy Co., Ltd. Announcement on the Quality Inspection of Accounting Information and the Rectification of the Company by the Office of the Ministry of Finance's Financial Ombudsman in Sichuan Province |
| Relevant regulations | |
| Document batch number | |
| Reason for approval | The inspection found that the Company, individual holding subsidiaries and joint stock companies had problems in accounting such as undercounting revenues and over counting costs. The impact of the items found in the inspection on the current profits of the company in 2008 is: the consolidated understatement of the current net profit attributable to the parent company is 19801268.62 yuan, accounting for 5.52% of the company's current net profit attributable to the parent company of 358680181.09 yuan; The supplementary corporate income tax involved in the undercounting of income is 989352.90 yuan. |
| Approval content | The company will study hard, deepen the understanding of accounting standards, and further improve the company's financial management level, accounting level and accounting information quality. |
| Handled by | Sichuan Provincial Financial Ombudsman Office of the Ministry of Finance |
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| Announcement date of rectification notice: December 5, 2007 |
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| title | Report on Rectification of Special Corporate Governance Activities of Sichuan Chuantou Energy Co., Ltd |
| Relevant regulations | |
| Document batch number | |
| Reason for approval | Problem 1: The company should specify in the articles of association the specific measures to prevent shareholders or actual controllers from encroaching on the assets of listed companies in accordance with the requirements of the Notice on Further Accelerating the Work of Clearing Debts (Zheng Jian Gong Si Zi [2006] No. 92), and the board of directors of the company should establish a mechanism of "freezing upon occupation" of the shares held by major shareholders. Problem 2: Improve the company's internal control system and related systems as soon as possible. The company's internal audit work needs to be further strengthened, and an audit department should be established as soon as possible; Formulate a special management system for directors, supervisors and senior executives of the Company to hold and buy and sell shares of the Company; Establish an online declaration and regular inspection and disclosure system for directors, supervisors and senior executives to handle personal information. |
| Approval content | According to the requirements of the Notice of the CSRC, the Company conducted self inspection from five aspects, namely, the basic information of the Company and its shareholders, the standardized operation of the Company, the independence of the Company, the transparency of the Company, and the innovation of corporate governance. The focus is on standardized operation, independence and transparency. After self-examination, the existing problems and deficiencies were found, rectification measures and implementation plans were formulated, and a report on corporate governance self-examination and rectification measures was written, which was submitted to the 13th Board of Directors of the 6th Board of Directors for review and then reported to Sichuan Regulatory Bureau, and disclosed on the website of Shanghai Stock Exchange on April 17. On May 29, the company announced the corporate governance communication platform on the websites of China Securities Journal, Shanghai Securities News and Shanghai Stock Exchange, accepting the supervision and comments of investors. On September 4, Sichuan Regulatory Bureau inspected the special activities of corporate governance, and issued the Letter on Comprehensive Evaluation and Rectification Suggestions for Corporate Governance of Sichuan Chuantou Energy Co., Ltd., to standardize the operation, independence Transparency and the practice of "promoting the company to achieve the strategic goal of becoming better and bigger with good governance, promoting the company's production and operation with good governance, and improving the company's quality with good governance" in the special activities of corporate governance were fully affirmed and highly evaluated, and problems and suggestions were put forward. The company timely communicated and learned the Rectification Proposal Letter, further clarified the rectification responsibility and improved the corresponding rectification measures according to the rectification proposal. |
| Handled by | Sichuan Securities Regulatory Bureau |
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