Huasun(SZ:000790) Zheng Quan Zhi Xing·2025-05-20 11:24Core Viewpoint - Chengdu Huasheng Technology Group Co., Ltd. received an administrative supervision decision from the Sichuan Securities Regulatory Bureau due to various accounting and internal control issues, which require corrective actions and warnings for responsible individuals [1][2][3]. Group 1: Administrative Supervision Measures - The company was found to have incorrectly recorded intangible assets and recognized revenue from medical device sales without actual transfer of control to customers, leading to issues with revenue recognition [1][2]. - There were instances of non-operating fund occupation and failure to disclose related party transactions with the actual controller, which violated internal control regulations [2][3]. - The responsible individuals, including the chairman and other executives, received warning letters for their lack of diligence in addressing these issues [3]. Group 2: Required Actions and Compliance - The company is required to conduct a thorough review of its financial accounting, fund usage, and internal control weaknesses, and to implement effective measures for rectification [3][4]. - A written report detailing corrective measures must be submitted to the regulatory authority within 30 days of receiving the decision [3][4]. - The company emphasized its commitment to improving compliance with laws and regulations, enhancing operational standards, and maintaining the interests of shareholders [4][5].