Group 1 - The core revenue composition of Kaiwang Technology for the year 2024 is 100.0% from precision cable connection components [1] Group 2 - On August 20, 2025, the Shenzhen Stock Exchange issued a regulatory letter to Henan Kaiwang Electronic Technology Co., Ltd. regarding the company's disclosure of accounting errors [3] - The company adjusted its revenue recognition method from gross to net for the "purchase of raw materials + finished product assembly" business starting from the first quarter of 2024, leading to retrospective adjustments in financial reports [3] - The financial data disclosed in the first quarter, semi-annual, and third quarter reports of 2024 were found to be inaccurate, violating several rules of the Growth Enterprise Market [3] - The chairman and the financial director of the company were held responsible for the violations and were urged to take corrective actions to prevent recurrence [3]
深交所向河南凯旺电子科技股份有限公司和有关当事人发出监管函