Ruyi Group(SZ:002193) Zheng Quan Zhi Xing·2025-08-14 16:39Core Viewpoint - The company, Shandong Ruyi Woolen Garment Group Co., Ltd., has received regulatory warnings from the Shandong Securities Regulatory Bureau due to inaccuracies in financial disclosures and failure to follow proper procedures for related party transactions [1][2]. Group 1: Regulatory Issues - The company was found to have inaccurately recognized non-operating income, leading to misleading financial disclosures [2][3]. - The 2024 annual performance forecast was revised to indicate a significant loss, contradicting earlier profit estimates of 6.2 million to 9.1 million yuan [2][3]. Group 2: Rectification Measures - The company has initiated a comprehensive review of its compliance with relevant laws and regulations, including the Company Law and Securities Law, to identify the root causes of the issues [2][4]. - Rectification measures include adjustments to previously disclosed financial data in the 2024 semi-annual and third-quarter reports, which were publicly announced on April 30, 2025 [3][4]. Group 3: Future Improvements - The company plans to enhance its financial management systems to improve the accuracy of financial reporting, focusing on key areas such as revenue, costs, and credit impairment losses [4][5]. - Ongoing training for board members and key personnel on compliance with disclosure obligations will be implemented to strengthen governance and prevent future occurrences of similar issues [5].