Core Viewpoint - Qingyue Technology has been investigated by the China Securities Regulatory Commission (CSRC) for suspected false reporting of financial data in regular reports [1][2]. Group 1: Regulatory Actions - On October 31, Qingyue Technology announced that it received a notice of investigation from the CSRC due to allegations of false financial data reporting [2]. - The company stated that if the CSRC's administrative penalties confirm violations that fall under the major illegal delisting circumstances as per the Shanghai Stock Exchange's listing rules, its stock may face mandatory delisting [4]. Group 2: Previous Warnings - In August 2023, Qingyue Technology received a warning letter from the Jiangsu Securities Regulatory Bureau, highlighting three main issues: improper use of raised funds, non-standard financial accounting for CTP+OLED product trade, and undisclosed related party transactions [5]. Group 3: Financial Performance - For the third quarter of 2025, Qingyue Technology reported total revenue of 476 million CNY, a year-on-year decrease of 13.64% [6]. - The net profit attributable to shareholders was -43.35 million CNY, an increase of 11.3% year-on-year, indicating a narrowing of losses [6]. - The company’s total costs for the same period were 538 million CNY, reflecting a decrease in revenue and ongoing operational pressures [6]. Group 4: Market Data - As of October 31, Qingyue Technology's stock price was 8.94 CNY per share, with a total market capitalization of 4 billion CNY [6][7]. - The stock has experienced a 52-week high of 11.20 CNY and a low of 6.10 CNY, indicating volatility in its market performance [7].

Core Viewpoint - Qingyue Technology (688496) has been placed under investigation by the China Securities Regulatory Commission (CSRC) for suspected false reporting of financial data, which may lead to severe penalties including mandatory delisting if found guilty [1][3]. Company Overview - Qingyue Technology, established in 2010, specializes in providing comprehensive solutions for IoT terminal displays and has grown into a leading high-tech enterprise in the industry [3]. - The company went public on the Shanghai Stock Exchange's Sci-Tech Innovation Board in December 2022 and has developed a diversified business model focusing on PMOLED, electronic paper, and silicon-based OLED technologies [3]. Financial Performance - For Q3 2025, Qingyue Technology reported a revenue of 147 million yuan, a year-on-year decrease of 41.4% [3][4]. - The net profit attributable to shareholders was a loss of approximately 12.59 million yuan, primarily due to a decline in electronic paper module sales compared to the previous year [3][4]. - Year-to-date revenue until the reporting period was approximately 476 million yuan, reflecting a decrease of 13.64% compared to the same period last year [4]. Market Context - As of October 31, the total market capitalization of Qingyue Technology was approximately 4.023 billion yuan [4]. - The CSRC has recently issued guidelines to strengthen the protection of small investors, emphasizing the crackdown on fraudulent activities and ensuring accountability for major violations that could lead to mandatory delisting [6].

Core Viewpoint - Qingyue Technology is under investigation by the China Securities Regulatory Commission (CSRC) for suspected false reporting of financial data in regular reports [1][2]. Group 1: Regulatory Actions - On October 31, Qingyue Technology announced that it received a notice of investigation from the CSRC due to allegations of false financial data reporting [2]. - The company stated that if the CSRC's administrative penalties confirm violations that fall under the major illegal circumstances for mandatory delisting as per the Shanghai Stock Exchange's rules, its stock may face mandatory delisting [4]. Group 2: Previous Warnings - In August 2023, Qingyue Technology received a warning letter from the Jiangsu Securities Regulatory Bureau, highlighting three main issues: improper use of raised funds, non-standard financial accounting for CTP+OLED product trade, and undisclosed related party transactions [5]. Group 3: Financial Performance - For the third quarter of 2025, Qingyue Technology reported total revenue of 476 million yuan, a year-on-year decrease of 13.64% [6]. - The net profit attributable to the parent company was -43.35 million yuan, an increase in loss of 11.3% year-on-year [6]. - The company’s total costs for the same period were 538 million yuan, reflecting a decrease in operating profit compared to previous periods [6].

Core Viewpoint - Qingyue Technology is under investigation by the China Securities Regulatory Commission (CSRC) for suspected false reporting of financial data in periodic reports [1][3]. Company Overview - Qingyue Technology primarily engages in the research, production, and sales of new display devices such as OLEDs, with a product structure focused on PMOLED, electronic paper modules, and silicon-based OLED micro-displays [8]. - The company's products are applied in various fields including smart home, healthcare, automotive control, consumer electronics, wearable displays, retail, and near-eye display XR [8]. Regulatory Issues - In August 2023, Qingyue Technology received a warning letter from the Jiangsu Securities Regulatory Bureau, citing three main issues: improper use of raised funds, non-standard financial accounting for CTP+OLED product trade, and undisclosed related party transactions [8]. - The CSRC's investigation could lead to significant legal consequences, including the possibility of mandatory delisting if major violations are confirmed [5]. Financial Performance - As of the third quarter of 2025, Qingyue Technology reported total revenue of 476 million CNY, a year-on-year decrease of 13.64% [9]. - The net profit attributable to the parent company was -43.35 million CNY, reflecting an increase in losses of 11.3% compared to the previous year [9]. - The company’s total costs for the same period were 538 million CNY, indicating a decline in operational performance [9]. Stock Market Information - As of October 31, 2023, Qingyue Technology's stock price was 8.94 CNY per share, with a total market capitalization of 4 billion CNY [10]. - The stock has experienced a 52-week high of 11.20 CNY and a low of 6.10 CNY, indicating volatility in its market performance [10].

Macro Dynamics - In September, the bond market issued a total of 81,027.8 billion yuan in various bonds, including 14,904.9 billion yuan in government bonds, 8,519.1 billion yuan in local government bonds, 11,741.0 billion yuan in financial bonds, 13,407.3 billion yuan in corporate credit bonds, 365.7 billion yuan in credit asset-backed securities, and 31,627.8 billion yuan in interbank certificates of deposit [2] - In September, China's foreign exchange market had a total transaction volume of 26.87 trillion yuan (approximately 3.78 trillion USD), with the interbank market accounting for 22.44 trillion yuan (approximately 3.16 trillion USD) [3] - In the first three quarters, the revenue of large-scale internet and related service enterprises in China reached 14,420 billion yuan, showing a year-on-year growth of 2.8% [4][5] Financial Institutions - China Taiping announced the sale of minority stakes in four companies for a total consideration of 6.5 billion yuan [8] - Hangzhou Bank received approval to issue capital instruments not exceeding 40 billion yuan [9] Market Data - On October 31, A-shares saw a collective decline, with the Shanghai Composite Index down 0.81%, the Shenzhen Component down 1.14%, and the ChiNext Index down 2.31% [11] - The financing balance in the two markets decreased by 7.392 billion yuan, with the Shanghai Stock Exchange reporting a balance of 12,535.78 billion yuan and the Shenzhen Stock Exchange reporting 12,196.92 billion yuan [12] Company Dynamics - China National Petroleum Corporation announced the resignation of Zhou Song as the chairman of the supervisory board [14] - InSai Group decided to terminate a major asset restructuring plan due to changes in the external environment [15] - Tianqi Co., Ltd. signed a strategic cooperation framework agreement with Foxconn Automotive to deploy at least 2,000 embodied intelligent robots over the next five years [17] - Li Auto announced a recall of 11,411 units of the MEGA 2024 electric vehicle due to potential safety hazards [18] - Qingyue Technology is under investigation by the China Securities Regulatory Commission for suspected false financial reporting [19]

Core Viewpoint - Qingyue Technology (688496) has received a notice from the China Securities Regulatory Commission (CSRC) regarding an investigation into alleged false financial reporting, which may lead to severe penalties including potential delisting from the Shanghai Stock Exchange if found guilty [1][3]. Company Overview - Qingyue Technology, established in 2010, specializes in providing comprehensive solutions for IoT terminal displays and has grown into a leading high-tech enterprise in the industry, listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board in December 2022 [3]. Financial Performance - For Q3 2025, the company reported a revenue of 147 million yuan, a year-on-year decrease of 41.4%, primarily due to reduced sales of electronic paper modules [3][4]. - The net loss attributable to shareholders was approximately 12.59 million yuan, with a basic and diluted earnings per share of -0.03 yuan [4]. - The total revenue for the year-to-date was approximately 476 million yuan, reflecting a decline of 13.64% compared to the previous year [4]. Market Capitalization - As of October 31, the total market capitalization of Qingyue Technology was approximately 4.023 billion yuan [4]. Regulatory Environment - The CSRC has recently emphasized stricter measures against fraudulent activities and financial misreporting, which may impact companies like Qingyue Technology facing similar allegations [6].

Core Viewpoint - Qingyue Technology (688496) has been placed under investigation by the China Securities Regulatory Commission (CSRC) for suspected false reporting of financial data, which may lead to severe penalties including potential delisting from the Shanghai Stock Exchange if found guilty [1][3]. Company Overview - Qingyue Technology, established in 2010, specializes in IoT terminal display solutions and has grown into a leading high-tech enterprise in the industry. The company went public on the Shanghai Stock Exchange's Sci-Tech Innovation Board in December 2022 [3]. Financial Performance - For Q3 2025, Qingyue Technology reported a revenue of 147 million yuan, a year-on-year decrease of 41.4%. The net profit attributable to shareholders was a loss of approximately 12.59 million yuan, primarily due to a decline in electronic paper module sales compared to the previous year [3][4]. - The company's total revenue for the year-to-date was approximately 476 million yuan, reflecting a decrease of 13.64% compared to the same period last year [4]. Market Capitalization - As of October 31, the total market capitalization of Qingyue Technology was approximately 4.023 billion yuan [4][5]. Regulatory Environment - The CSRC has recently issued guidelines to strengthen the protection of small investors, emphasizing the crackdown on fraudulent activities and financial misreporting. This includes holding controlling shareholders and actual controllers accountable for any illegal actions [5][6].

北京商报讯(记者马换换李佳雪)10月31日晚间，清越科技(688496)披露公告称，公司于近日收到证监会 出具的《立案告知书》。因公司涉嫌定期报告等财务数据虚假记载，根据法律法规，证监会决定对公司 立案。 交易行情显示，10月31日，清越科技收涨0.9%，收于8.94元/股，总市值40.23亿元。 公告显示，若后续经证监会行政处罚认定的事实，触及《上海证券交易所科创板股票上市规则》规定的 重大违法强制退市情形，清越科技将被实施重大违法强制退市。 清越科技表示，目前公司各项经营管理、业务及财务状况正常。立案调查期间，公司将积极配合证监会 的相关工作，并严格按照相关法律法规和监管要求及时履行信息披露义务。 ...

Core Viewpoint - Qingyue Technology (688496.SH) has received a notice from the China Securities Regulatory Commission (CSRC) regarding an investigation into alleged false reporting of financial data [1] Summary by Categories Company Announcement - The company has been issued a "Notice of Case Filing" (No. 0382025011) by the CSRC [1] - The investigation is based on suspicions of false records in periodic reports and other financial data [1] Regulatory Context - The case is being pursued under the Securities Law of the People's Republic of China and the Administrative Penalty Law [1]

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 苏州清越光电科技股份有限公司（以下简称"公司"）于近日收到中国证券 监督管理委员会（以下简称"中国证监会"）出具的《立案告知书》（编号：证 监立案字 0382025011 号）。因公司涉嫌定期报告等财务数据虚假记载，根据《中 华人民共和国证券法》《中华人民共和国行政处罚法》等法律法规，中国证监会 决定对公司立案。 证券代码：688496 证券简称：清越科技 公告编号：2025-051 苏州清越光电科技股份有限公司 关于公司收到中国证券监督管理委员会立案告知书 暨风险提示的公告 苏州清越光电科技股份有限公司董事会 2025 年 11 月 1 日 若后续经中国证监会行政处罚认定的事实，触及《上海证券交易所科创板股 票上市规则》规定的重大违法强制退市情形，公司股票将被实施重大违法强制退 市。敬请投资者注意投资风险。 目前公司各项经营管理、业务及财务状况正常。立案调查期间，公司将积极 配合中国证监会的相关工作，并严格按照相关法律法规和监管要求及时履行信息 披露义务。 公司指定信息披露 ...