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Get Indian Vpn Software Design AndThe main business areas it engages in include the manufacturing of electronic products and the trade, services and software design and application of electronic products etc. CEC was founded in May 1989. ( hereinafter respectively referred to as CEC Panda and CEC Information), with the extension and tracing back to relevant items. The auditing work focused on the headquarters of C E C and 7 subunits including Nanjing CEC P anda I nformation I ndustry G roup C o., L td and China CEC International Information Services Ltd. Had failed to call for bids according to rules, involving a contract amount of RMB3.321 billion, among which the amount of 2014 was RMB2.331 billion.U From May 2013 to 2014, two enterprises including the subunit CEC Basic Products Equipment Company had irregularly provided RMB180 million of financing to outside entities, among which the amount of 2014 was RMB159 million.U In violation of the internal control regulations of the company, in 2011, the subunit Nanjing Panda Information Industry Co., Ltd. By May 2015, RMB999 million of all increased funds had still been idle, resulting in an unnecessary burden of RMB13.8098 million interest.U From 2011 to 2014, six construction projects of six enterprises including the subunit Nanjing CEC Panda LCD Technology Co., Ltd. To increase its issuing of bonds from RMB1.5 billion to 2.75 billion. On the planned completion date, only RMB300 million of investment was in place.U In January 2014, without conducting sufficient demonstration or determining the clear purposes of the increased bond financing, CEC approved the subunit China Electronics Holdings Co., Ltd. Warcraft 3 angel arenaFailed to achieve the expected effects, involving a total loss of RMB43.78 million of total. The data interface settings of accounting software of 2 subunit enterprises had failed to conform to the national standards, 19 enterprises hadn ’ t established data backup centers and 15 enterprises hadn ’ t established information evaluation mechanism.U From 2011 to 2014, the proportion that the investment in science and technology accounted for in the operating revenue of the same year of CEC had failed to achieve the goal set in the "12th Five-Year" plan of the corporation.U Because of inadequate demonstration in the early stage, the LCD project that the subunit CEC Panda invested and constructed had generated RMB2.927 billion operating loss in total from the project ’ s completion to the end of 2014.U The industrialized technology research and development project of sapphire crystal used for LED of the subunit Shanghai CEC Zhenhua Crystal Technology Co., Ltd. Had not taken effective measures to clear and recover creditor ’ s rights of RMB10 million that had become due in 2008.U From 2011 to 2014, when cooperating with other companies, the subunit China Zhenhua Electronics Group had not sent accredited financial personnel according to rules, resulting in an investment of RMB35 million receiving no supervision and facing the risk of loss.U By the end of 2014, CEC had failed to complete the construction of information management and control platform in line with the overall goals of information construction. Had irregularly lent money to other companies and applied for discounting of bank acceptance bills from 2 non-financial institutions, involving a total amount of RMB59.2088 million, among which RMB10.488 million was faced with the risk of loss.U From 2011 to 2014, the subunit China Electronic Systems Engineering Corporation had irregularly lent the qualification of construction to other companies and charged these companies RMB95 million management fee, among which the amount of 2014 was RMB31 million.U In September 2012, when the subunit CEC Information sold the equities of its affiliated enterprises by public auction, CEC Information didn ’ t fully disclose such management information as the time limit of the leasing contract, which led to the auction disputes and RMB23.4443 million was paid to the acquiring company as compensation by means such as rent relief.U By the end of June 2015, the subunit Nanjing Keruida Electronic Equipment Co., Ltd. Some payment for goods could not be obtained, resulting in RMB64.0054 million of loss.U From 2011 to 2012, through signing false purchase agreement s and paying advance prepayment, the subunit Nanjing CEC Panda Appliances Co., Ltd.
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