Core Viewpoint - Tianjin Jingwei Electric Power Technology Co., Ltd., a subsidiary of Jingwei Huikai (300120.SZ), has been fined by the Tianjin Emergency Management Bureau for safety violations, including failure to set clear safety warning signs in hazardous areas and non-compliance with national standards for safety equipment [1][2][3]. Group 1: Company Background - Jingwei Huikai was established on December 30, 2008, and listed on the Shenzhen Stock Exchange on September 17, 2010, with the stock code 300120 [7]. - The company has over 2,500 employees and has established production bases in Shenzhen, Tianjin, Hunan, and Malaysia, positioning itself as a national high-tech enterprise [7]. - The company initially focused on the research, production, and sales of various types of electromagnetic wires and reactors, and successfully transformed into dual main business operations in electronic information and electric power after acquiring a subsidiary of a global Fortune 500 company in 2017 for 1.241 billion RMB [7]. Group 2: Regulatory Actions - On April 8, 2025, the Tianjin Emergency Management Bureau issued an administrative penalty of 40,000 RMB to Tianjin Jingwei Electric Power for safety violations [2][3]. - The Tianjin Securities Regulatory Bureau issued a warning letter to Jingwei Huikai and related personnel for failing to disclose related party transactions in a timely manner, violating multiple securities regulations [3][5].
因安全设备安装不符合国家标准等,经纬辉开子公司被罚