FPT(SZ:300256) 智通财经网·2025-05-20 11:08Core Viewpoint - Star Technology (300256.SZ) has received administrative regulatory measures from the Jiangxi Securities Regulatory Bureau and the Shenzhen Stock Exchange due to inaccurate revenue recognition in its financial reports for 2023, leading to a warning letter being issued [1][2] Group 1: Regulatory Actions - The Jiangxi Securities Regulatory Bureau issued a warning letter to Star Technology and its executives, including Chairman Ying Guangjie and former CFO Li Junjiang, for violations of the Information Disclosure Management Measures [1][2] - The company failed to prudently recognize revenue according to accounting standards, resulting in inaccuracies in its 2023 semi-annual and quarterly reports, with impacts of 0.12 billion and 1.70 billion respectively on reported revenue and costs [1] Group 2: Financial Reporting Issues - The inaccuracies in the financial reports were acknowledged by the company in an announcement regarding prior accounting errors in April 2024 [1] - The violations also contravened the Shenzhen Stock Exchange's rules, indicating a lack of diligence and responsibility from the company's leadership [2]