A closer look reveals that there are major problems with the original figures. The "80 million restricted shares" marked in the original disclosure is actually "8 million restricted shares". What seems to be a word difference is actually a thousand miles away.
Generally, in this case, the listed company will issue a correction announcement according to the habit, and make a hasty decision with the words "The company apologizes for the inconvenience caused to investors". Don't you know, on the surface, this is caused by the mistakes of individual staff, but in fact, it exposes the nonstandard and imperfect information disclosure procedures of listed companies, as well as the sloppy and irresponsible attitude towards the quality of information disclosure.
Generally speaking, listed companies are local enterprises with large scale, relatively standardized management and high product quality standards. Most of these enterprises have become local star enterprises or well-known enterprises in the industry because of standardized management, good product quality and high brand awareness. These enterprises may spend huge human and material costs in grasping internal management, product quality and brand building. This does not mean that they can lower their standards or relax their requirements in improving the quality of information disclosure. In a sense, information disclosure is another product of listed companies, and it is a "by-product" besides its main products, and this "by-product" also represents a face, a culture, an attitude and a responsibility of the enterprise.
It's hard to believe that a company has the ability to make other products very sophisticated and high-end, because the texts it publishes are constantly filled with errors and loopholes. What's more, there are not many words published on the Yellow River whirlwind, only a few hundred words. Is it difficult to proofread them carefully before publication? Is it difficult to find a second person to turn it off? In the final analysis, this is definitely not a question of ability, but a question of attitude and responsibility.
In fact, this careless and irresponsible attitude of listed companies will also cause harm to listed companies themselves. It is reported that just a few days ago, on March 26th, Billie Billie (referred to as "Billie Billie") disclosed the latest company data sheet on the Hong Kong Stock Exchange. Surprisingly, Billie Billie was actually written as "Baidu Group" in the company name, which was dubbed as "the result of copying homework was not copied to her own exercise book, but copied to the eggplant field".
On the other hand, if an investor immediately makes an investment based on the wrong information disclosed by a listed company, and a large loss occurs because the listed company immediately issues a correction announcement, should this loss be counted on the head of the listed company? It can be seen that these mistakes are not only "grammar problems", "writing problems" and "punctuation problems", but also "compensation" problems.
With the reform of registration system in the process of listing, more and more enterprises will join the ranks of listed companies. On the other hand, an obvious feature of the registration system reform is that there are stricter requirements for information disclosure of listed companies. Because information disclosure is the basis of investors' investment, the reference for the regulatory authorities to supervise according to laws and regulations, the cornerstone of the integrity construction of the capital market, and the requirement for the healthy and standardized development of the capital market, it is hoped that the senior executives of listed companies, especially listed companies, will pay as much attention to information disclosure as they do to enterprise management, product quality and brand building, especially to avoid making mistakes in the accuracy of information disclosure.