顺灏股份拟发H股 多期财报不准前年涉单位行贿被立案

Core Viewpoint - Shunhao Co., Ltd. plans to initiate the process for issuing H-shares and listing on the Hong Kong Stock Exchange to enhance its global strategy and competitiveness [1][2] Group 1: H-share Issuance and Listing - On August 15, 2025, Shunhao Co., Ltd. announced the authorization for management to start preparations for issuing H-shares and listing on the Hong Kong Stock Exchange [1] - The decision aims to respond to national policies promoting new productive forces and to leverage the advantages of its controlling shareholder in overseas markets [1] - The company is currently in discussions with relevant intermediaries regarding the issuance and listing, with specific details yet to be finalized [1] Group 2: Regulatory Measures and Compliance Issues - On July 27, 2024, Shunhao Co., Ltd. received a corrective order from the Shanghai Securities Regulatory Bureau due to various compliance issues [2][4] - The company was found to have inaccuracies in financial disclosures, including impairment assessments and customer-supplier transaction reporting [3][4] - Key executives, including the chairman and former general manager, received warning letters for their roles in the compliance failures [4][5] Group 3: Ongoing Investigations - As of June 1, 2023, Shunhao Co., Ltd. is under investigation by the Chuzhou Municipal Supervisory Committee for suspected unit bribery crimes [5] - The company is cooperating with the ongoing investigation, although there have been no recent updates on the matter [5]