Financials, Automotive, Technology Dec 01, 2021 05:19 PM (GMT+8) · EqualOcean
Financial Associated Press, Dec. 1 - Pacific announced that it had received a warning letter from the CSRC. Due to the failure to timely announce the violation of the use of funds raised by Hancheng investment in accordance with the provisions and the agreement, it failed to fulfill its obligation of diligence and responsibility for major matters related to Hancheng investment in accordance with the provisions and the agreement. The company attaches great importance to the above problems, will rectify in strict accordance with the regulatory requirements, and submit the rectification report within 15 working days. The company and relevant personnel will effectively improve the entrusted management, strictly abide by relevant regulations and prevent such violations from happening again.