LOOTOM(SZ:300555) Zheng Quan Zhi Xing·2025-08-29 17:35Core Viewpoint - The supervisory board members of Wuxi Lutong Vision Network Co., Ltd. expressed their inability to guarantee the authenticity, accuracy, and completeness of the 2025 semi-annual report due to ongoing issues related to regulatory penalties and incomplete disclosures [1][2][3] Group 1: Supervisory Board Concerns - Supervisors Zeng Qingchuan and Fu Yuxia voted against the approval of the 2025 semi-annual report and could not ensure its accuracy due to a prior penalty from the Jiangsu Securities Regulatory Bureau [1] - The supervisory board highlighted that the board of directors has not disclosed the resolutions from previous meetings, including a proposal to dismiss current directors [2] - The report contains incomplete disclosures regarding pending litigation, specifically a shareholder lawsuit that should have been included [2] Group 2: Company’s Position - The company received a notice regarding the bankruptcy liquidation of its former controlling shareholder, Huasheng Yuncheng, but claims this does not affect its operations or voting rights [3][4] - The management remains appointed by the actual controller despite the bankruptcy of Huasheng Yuncheng, and the company asserts that this situation has no impact on its production and operations [3][4] - The company has committed to rectifying issues raised by the supervisory board and has provided necessary documentation to relevant parties [4]