The CSRC opened a case to investigate The Company's shares, and the company's shares were investigated for alleged breach of the letter-and-letter

The author, Wang Chunxiao,the CSRC to file an investigation into Weiwei shares, And Weiwei shares were investigated for alleged breaches of the letter." On the evening of May 6, Vivi shares announced that the CSRC had decided to open an investigation into the company in accordance with the relevant provisions because of the company's suspected disclosure of illegal and illegal informationVivi shares are famous for Vivi soy milk, in recent years to try to diversify and involved in liquor, real estate and other industriesVivi shares on March 25 to reply to the Shenzhen Stock Exchange inquiry letter, said that after the listed company self-examination, Vivi Group in 2019 had illegally occupied the listed company's funds accumulated a total of 944 million yuanOn May 6, , Vivi agposted that the company had received a Notice of Investigation from the China Securities Regulatory Commission and decided to open an investigation into the company in accordance with the relevant provisions of the Securities Law of the People's Republic of China for alleged disclosure of illegal and illegal informationWeiwei said that during the investigation, the company will actively cooperate with the China Securities Regulatory Commission's investigation, and strictly in accordance with regulatory requirements to fulfill the obligation to disclose informationPrior to March 16, the Shanghai Stock Exchange on The acquisition of 180 million Vivi Group wholly-owned subsidiary Vivi Impression City Integrated Development Co., Ltdhas the conditions for pre-sale of some real estate issued an inquiry letterOn March 25, , Vivi shares responded to the SSE inquiry letter, showing that the purchase price of the new building is objective and fair, but also mentioned that Vivi Group in 2019 had illegally occupied about 944 million yuan of fundsVivi group holds 15.91 percent of the company, making it the second largest shareholderIn the past two years, enterprises encountered financing problems, bank loan scale compression, stock pledge rate is too high, repayment pressure increased, short-term capital turnover difficulties, in order to avoid systemic risks affected listed companies, forced by the emergence of emergency short-term illegal occupation, mainly used to repay bank loansWeiwei shares said that the company since the inspection has carried out rectification, corrected the above-mentioned illegal occupationVivi's board of directors, Vivi Group and its associated personnel apologize to investors for the conductin addition, China's enforcement information disclosure network shows that on April 24, The company was also listed as the executed person by the Jinfeng District People's Court of Yinchuan City, with 593.09 million yuan of the execution targetpublic information shows that Vivi shares listed in 2000, the leading products for the "Vivi" bean milk powder products, "Tianshan snow" dairy products, etc., but also involved in real estate tea and other industries2019 financial results show that last year's year-on-year revenue of 5,039 million yuan, up only 0.12% YoY;'s main business sub-products, revenue of solid beverages such as soy milk powder and soy milk powder was RMB1.755 billion, up 4.7% YoY; 's earnings also showed that the balance sheet in 2019 was 68.65 percent, the highest since the listing, and from 2015 to 2018, its balance sheet ratio was 58.12 percent, 61.51 percent, 60.15 percent and 64.8 percent, respectivelyin the first quarter of this year, Vivi shares revenue of 1.065 billion yuan, down 30.52 percent year-on-year; net profit of 0.92 billion yuan, up 0.27 percent year-on-year; and asset-liability ratio of 66.7 percentOn May 6,, Vivi shares closed at Rmb3.28 per share, up 4.46 per cent, with a total market value of RMB5.48 billionSource: