The circle of friends of Rigao Oriental’s executives revealed the size of the order, and the seller’s chief “WeChat research”

On January 11, Leon Chuang, Global Marketing Director of Risen Energy, posted a WeChat Moments post that was widely circulated in the photovoltaic circle. Zhuang Yinghong said in WeChat Moments: “We are serious about developing energy storage. We have signed more than 4 GWh in 23 years.” On the other hand, Zhu Yao, the new chief analyst of China Securities Construction Investment, directly started ” circle of friends research”. Zhu Yao replied in Zhuang Yinghong’s circle of friends: “Is the cost of your company’s components only 1.2~1.3…”. The content of the text is not long, but Zhuang Yinghong revealed Risen Energy’s orders in hand during the year, which violated the regulations that listed companies should abide by in information disclosure. | Related reading (First Finance and Economics)

Takakura turtle

Another strange thing happened in the photovoltaic circle. Zhuang Yinghong, the global marketing director of Risen Energy, actually disclosed the size of the order in the circle of friends. Obviously, this violated the regulations that listed companies should abide by in information disclosure. At the same time, Zhu Yao, the new chief analyst of China Securities Construction Investment, directly conducted a “friend circle research” on the cost of components, and Zhuang Yinghong directly responded to the cost situation and said, “Please recommend and support.”

As the marketing director of a company, it is reasonable to communicate with analysts and spread the value of the company. It is normal work to ask analysts to recommend the company, but Moments directly announces the company’s orders in hand. If the data is true, it is not released through legal channels. Important information, if it is not true, it is suspected of misleading investors. No, Risen Energy has received a letter of concern from the Shenzhen Stock Exchange requesting to verify whether the company’s energy storage business orders in hand in 2023 and other information are true. Risen Energy also reacted very quickly, and immediately stated that the relevant remarks posted by Zhuang Yinghong, the global marketing director of the company’s module division, in his WeChat circle of friends were all his personal actions and did not represent the company’s position.

This ridiculous thing, to say the least, is that Zhuang Yinghong is personally unprofessional, and he wants to show off, but he doesn’t know the words and deeds of an executive of a listed company. On a larger scale, this exposed the systematic problems of Risen Energy’s corporate governance. From an intuitive point of view, it is obvious that there is a lack of compliance training for the company’s management, and there is also a lack of internal confidentiality clauses for individuals to keep the company’s business secrets. The lack of awareness of risk control and compliance is also a common cause of problems in many companies, which reflects the ability and maturity of corporate governance.

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