德林海: 德林海关于收到江苏证监局警示函的公告

Core Viewpoint - Wuxi Delinhai Environmental Technology Co., Ltd. received a warning letter from the Jiangsu Securities Regulatory Bureau due to significant issues in financial reporting and credit risk assessment related to accounts receivable [1][2]. Group 1: Warning Letter Details - The warning letter indicates that the company failed to adequately assess the credit risk of certain clients before the disclosure of the 2023 annual report, despite signs of significant changes in their credit risk characteristics [1][2]. - The company continued to provision for bad debts based on historical aging categories, which does not comply with the relevant accounting standards [2]. - The actions of the company were found to violate the Information Disclosure Management Measures for Listed Companies, leading to the issuance of the warning letter [2]. Group 2: Responsibilities and Actions - The financial officer, Ji Lehua, was held primarily responsible for the violations due to a lack of diligence [2]. - The company has committed to improving its financial management and information disclosure quality in response to the warning letter [3]. - The company will adhere to regulatory requirements and maintain normal business operations while fulfilling its disclosure obligations [3].