Core Viewpoint - The Shenzhen Stock Exchange issued a regulatory letter to Xilei Compressor Co., Ltd. and its executives for failing to comply with disclosure obligations regarding the use of idle raised funds [1][2][6] Group 1: Company Actions - Xilei Compressor's board approved the use of up to RMB 200 million of idle raised funds for cash management on May 7, 2024, but failed to disclose this in a timely manner, only holding a supplementary meeting on May 28, 2025 [1][5] - The total amount raised by Xilei Compressor was RMB 812.33 million, with a net amount of RMB 698.31 million, exceeding the original plan by RMB 24.51 million [3][4] Group 2: Regulatory Violations - The company violated multiple articles of the revised 2025 Growth Enterprise Market Stock Listing Rules and the Self-Regulatory Guidelines for Listed Companies [2][6] - Key executives, including the chairman and general manager, failed to fulfill their duties, leading to further violations of the same regulations [2][6] Group 3: Recommendations and Reminders - The Shenzhen Stock Exchange urged the company and its executives to take the issues seriously, learn from the mistakes, and ensure timely rectification to prevent recurrence [7][8]