Guirenniao(SH:603555) Xin Hua Wang·2025-08-12 05:48Core Viewpoint - ST Guiren has received a warning letter from the China Securities Regulatory Commission (CSRC) due to significant discrepancies between its earnings forecast and actual financial results, raising concerns about the company's information disclosure practices [1][2] Summary by Sections Company Performance - On January 19, ST Guiren projected a net profit of 74.76 million yuan and a net profit excluding non-recurring gains and losses of 158.44 million yuan for 2022 [1] - However, on April 27, the company revised its forecast to a net loss of 0.94 million yuan and a net profit excluding non-recurring gains and losses of 6.94 million yuan [1] Regulatory Actions - The CSRC's Fujian Regulatory Bureau decided to issue warning letters to the company's former chairman, general manager, and financial director due to the drastic change in earnings forecast [2] - The regulatory body emphasized the need for ST Guiren and its executives to enhance their understanding of securities laws and regulations, improve information disclosure management, and submit a written rectification report within 30 days [2] Legal Implications - According to legal experts, if a company's earnings forecast shifts from profit to loss or exceeds the previously estimated range, it may indicate a lack of due diligence by the management [2] - Investors may seek civil compensation from the company if it fails to adequately disclose significant factors affecting the forecast or does not correct the announcement in a timely manner [2]