Core Viewpoint - Zhejiang Securities Regulatory Bureau has issued a warning letter to Hangzhou Honghua Digital Technology Co., Ltd. (referred to as "Honghua Digital") and related personnel for overdue use of raised funds, which will be recorded in the integrity archives of the securities and futures market [1]. Group 1: Regulatory Actions - On February 2, 2024, Honghua Digital's board approved a proposal to use up to 450 million yuan of temporarily idle raised funds for cash management, effective from February 8, 2024, for a period of 12 months [4]. - After the expiration of the usage period, Honghua Digital continued to use part of the idle raised funds for cash management until a board meeting was held on February 26, 2025, to review and disclose this situation [4]. - The actions of Honghua Digital violated the regulatory requirements outlined in the "Guidelines for the Supervision of Listed Companies on the Management and Use of Raised Funds" and the "Administrative Measures for Information Disclosure of Listed Companies" [4]. Group 2: Accountability of Executives - Chairman and General Manager Jin Xiaotuan, along with Financial Director and Board Secretary Yu Jianli, failed to diligently urge the company to regulate the use of raised funds and fulfill information disclosure obligations, violating relevant provisions of the information disclosure management measures [4]. - Based on these violations, the Zhejiang Securities Regulatory Bureau decided to issue warning letters to Honghua Digital, Jin Xiaotuan, and Yu Jianli, which will also be recorded in the integrity archives of the securities and futures market [4]. Group 3: Company Background - Honghua Digital was established on October 10, 1992, and focuses on digital printing technology for textile applications, serving as a comprehensive solution provider for textile digital printing [4].
逾期使用募集资金理财 宏华数科及高管被出具警示函