Core Viewpoint - The company Lihexing has received a warning letter from the Shenzhen Regulatory Bureau of the China Securities Regulatory Commission due to violations in information disclosure and failure to fulfill other responsibilities by its chairman Lin Yipan and CFO He Meihua [1] Summary by Relevant Sections - Violations Identified: The company was found to have inconsistencies in the timing of revenue recognition and disclosed accounting policies, irregularities in the accounting of upgraded technical service costs, insufficient basis for inventory impairment provisions, and inaccuracies in the accounting of construction in progress and production debugging costs [1] - Regulatory Actions: The regulatory measures taken include issuing warning letters to both Lin Yipan and He Meihua [1]
利和兴:董事长林宜潘、财务总监贺美华等人因信息披露违规等违规行为被证监会出具警示函