Administrative Fine Imposed on the Responsible Person of HOLUX Technology ,Inc(Listed Company 3431)
2019-08-16
1.Date the fine was imposed: August 16, 2019
2.Recipient of the fine: HOLUX Technology ,Inc
3.Legal basis of the fine: Article 36-1, Paragraph 1(7) of Article 178 and Paragraph 1 of Article 179 of the Securities and Exchange Act
4.Facts of the violation and reasons:
(1)The resolution of the board of HOLUX Technology approved on November 12, 2015 a short-term financing loan of RMB 4,100,000 to its subsidiary, HOLUX Technology (Nanjing, China), Inc. However, the loan has not yet been recovered.
(2)The resolution of the board of HOLUX Technology approved on August 10, 2017 a short-term financing loan of USD$1,000,000 to its subsidiary, HOLUX International HK Limited. However, the loan has not been recovered after one year.
5.Resulting fine: Sentenced to the fine, NT$240,000, in accordance with Article 36-1, Paragraph 1(7) of Article 178 and Paragraph 1 of Article 179 of the Securities and Exchange Act and Article 3 of the Regulations Governing Loaning of Funds Making of Endorsements/Guarantees by Public Companies.
Visitor:
12569
Update:
2019-08-30