TTC(SH:600326) Shang Hai Zheng Quan Bao·2025-05-05 19:45Core Viewpoint - The company received a warning letter from the Tibet Securities Regulatory Bureau due to issues related to improper revenue recognition in its subsidiary's financial statements for 2021, which violated disclosure regulations [1][2][3]. Group 1: Regulatory Actions - The Tibet Securities Regulatory Bureau issued a decision to conduct regulatory talks with key personnel, including the former chairman, general manager, and financial director, due to their responsibility for the identified issues [2]. - The company was also issued a warning letter, indicating that it must improve its financial management practices and comply with relevant regulations [3]. Group 2: Company Response - The company acknowledged the issues raised in the warning letter and committed to implementing corrective measures, enhancing compliance with securities laws, and improving financial reporting standards [4][5]. - The company is required to submit a written rectification report to the regulatory bureau within 30 days of receiving the warning [3].