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上交所对*ST观典及有关责任人予以公开谴责

Core Viewpoint - The Shanghai Stock Exchange publicly reprimanded *ST Guandian and its responsible individuals for inaccurate financial disclosures and violations of regulations [2][8]. Group 1: Company Violations - On January 17, 2025, *ST Guandian disclosed a pre-announcement of a significant loss for 2024, estimating revenue between 112 million to 128 million yuan and a net loss between 125 million to 98 million yuan [4]. - On February 28, 2025, the company revised its revenue estimate to 118.94 million yuan and net loss to 100.11 million yuan, failing to disclose any major uncertainties affecting these figures [4]. - On April 12, 2025, the company corrected its revenue estimate to 89.98 million yuan, citing a cautious approach to revenue recognition, which reduced expected revenue by approximately 28.95 million yuan [5]. Group 2: Responsibility and Disciplinary Actions - The company’s inaccurate financial disclosures significantly impacted investor expectations, leading to a potential delisting risk due to revenue falling below 100 million yuan [6]. - The responsible individuals, including the chairman, general manager, and financial officer, failed to fulfill their duties regarding accurate information disclosure, violating multiple regulations [7]. - The Shanghai Stock Exchange decided to publicly reprimand the company and the responsible individuals, with the disciplinary actions recorded in the integrity database [8]. Group 3: Compliance and Future Measures - The company is required to implement corrective measures and submit a report within one month, ensuring compliance with regulations and improving information disclosure practices [8][9]. - The company’s revenue composition for 2024 indicated that 85.27% came from aviation equipment manufacturing and related services, while non-lethal weapons accounted for 14.23% [9].