长阳科技：收到上交所纪律处分决定书

Core Viewpoint - Longyang Technology has received a disciplinary notice from the Shanghai Stock Exchange due to inaccuracies in its earnings forecasts and reports, which have significant implications for investor expectations and company stock price [1][3]. Group 1: Earnings Forecast and Reporting - On January 18, the company announced an earnings forecast for 2024, projecting a net profit attributable to shareholders of between 20.05 million and 23.94 million yuan, with a non-recurring net profit of between 1.08 million and 3.98 million yuan [1]. - On February 27, the company released a preliminary earnings report, estimating a net profit of 20.55 million yuan and a non-recurring net profit of 1.09 million yuan, along with a basic earnings per share of 0.07 yuan and a weighted average return on equity of 0.96% [1]. - On April 23, the company corrected its earnings forecast, now expecting a net loss of 29.44 million yuan and a non-recurring net loss of 48.89 million yuan, with a basic earnings per share of -0.10 yuan and a weighted average return on equity of -1.39% [2]. Group 2: Disciplinary Actions and Responsibilities - The disciplinary notice indicates that the inaccuracies in the earnings forecasts and reports, which shifted from positive to negative figures, were not disclosed in a timely manner, affecting investor expectations [3]. - Key responsible individuals, including the former chairman and other executives, have been criticized for their lack of diligence in ensuring accurate information disclosure [3]. - The Shanghai Stock Exchange has decided to publicly criticize Longyang Technology and the responsible individuals, with the disciplinary actions being reported to the China Securities Regulatory Commission [3].