Surfilter(SZ:300311) Zheng Quan Zhi Xing·2025-07-20 08:22Core Viewpoint - The company, Renzi Hang Network Technology Co., Ltd., has been penalized by the China Securities Regulatory Commission (CSRC) for violations related to information disclosure, resulting in a fine and warnings for key personnel [1][4][5]. Administrative Penalty Details - The CSRC issued an administrative penalty decision against Renzi Hang, citing violations of the Securities Law, specifically regarding false disclosures in financial reports from 2020 to 2022, which inflated revenue by approximately 36.95 million yuan [3][4]. - The company is required to correct its financial statements and has been fined 5 million yuan, while key executives face individual fines ranging from 100,000 to 2.5 million yuan [5][6]. Company Actions and Future Plans - The company has committed to improving its financial management and oversight of subsidiaries to prevent future violations and will apply to lift risk warnings on its stock after 12 months from the penalty decision [7][8]. - Renzi Hang has expressed its intention to enhance the quality of financial reporting and maintain the interests of its shareholders [8].