On June 3, 2026, the State Securities Inspectorate issued Decision No. 275/QD-XPHC sanctioning administrative violations in the field of securities and the stock market for Dai Duong Renewable Energy Joint Stock Company, headquartered in Truong Tho TDP, Xuan Truong ward - Da Lat, Lam Dong province.
According to the decision, the enterprise was fined 92.5 million VND for violating regulations on the deadline for information disclosure as prescribed in Clause 4, Article 8b of Decree 156/2020/ND-CP, supplemented in Point b, Clause 6, Article 1 of Decree 306/2025/ND-CP.
The inspection agency determined that the company had delayed sending information disclosure content to the Hanoi Stock Exchange (HNX) by 10 days or more compared to regulations for many documents related to corporate bond issuance activities in the period 2021-2025.
Documents delayed for publication include semi-annual and annual financial statements; report on the situation of capital use from bond issuance; report on the situation of principal and interest payments for bonds; report on the implementation of commitments of issuing enterprises to bondholders; report on the situation of using money collected from bond issuance audited; information disclosure on the completion of early bond repurchase code ORECH2135001; information disclosure on adjustment of bond terms and conditions.
According to the sanctioning decision, violations occurred continuously over the years 2021, 2022, 2023, 2024 and 2025, related to many obligations to periodically disclose information of bond issuing enterprises.
In addition to cases of delayed disclosure from 10 days or more, Dai Duong Renewable Energy Joint Stock Company is also slow to send information disclosure content to HNX for less than 10 days for information disclosure documents before the ORECH2135001 corporate bond offering.
The deadline for announcement according to regulations is March 29, 2021, but the enterprise sent the information to HNX on March 30, 2021.
