China Datang Group New Energy Co., Ltd made material misstatement of financial statements and influenced state security of Singapore and Australia

 China Datang Group New Energy Co., Ltd(Datang) is to issue twelfth phase of ultra-short-term financing bonds for 750 million CNY on 3 Dec 2021 and collect proceeds on 6 December 2021 maturing on 4 March 2022 at annual rate between 2.15%-2.45% underwritten by the Agricultural Bank of China. Datang is a company controlled by the State Council of People's Republic of China under the rule of Chinese Communist party(CCP) and is in effect controlled by CCP.

In the 2020 annual accounts, Datang omitted disclosure of related party transactions with key management personnel in terms of compensation, state-owned banks in terms of credit facility including China Construction Bank, Agricultural Bank of China, ICBC and China Development Bank and bonds underwriting services and local governments in terms of acquiring sea use rights and land use rights. State-owned enterprises often obtained land use rights from government for free or at abnormally low prices by exploiting related party relation. China occupied South China Sea illegally.

Datang, an agent of CCP, set up subsidiaries in Singapore, Datang Renewables (Singapore) Pte. Ltd(UEN:201106638W) with invested capital 40 million or 100% of equity capital and in Australia, AusChina Energy Group (Registration Number: BN05275544) with invested capital 34.8 million or 87.5% of equity. Therefore, CCP is able to appoint CCPers to the board of directors to control the decision making of Datang Renewables (Singapore) Pte. Ltd and AusChina Energy Group which may hamper the state security of energy of Singapore and Australia to coerce policitians for the purpose of CCP. A CCPer is a member of the Chinese Communist Party or a member of the Communist Party of China.

A CCPer usually obeys the orders of Jinping Xi now.

Datang had debt due from Swedish Energy Agency for 34.6 million aged more than five years expected unrecoverable but it didn't disclose the reason for making the payment.

One of the suppliers of Datang is Xinjiang Goldwind Science Technology Co., Ltd(新疆金风科技股份有限公司) in Xinjiang where genocide is ongoing.

As a listed company issuing debt securities publicly, Datang failed to report segment information and failed to disclose detailed information of revenue as required by Chinese Accounting Standard for Business Enterprises.