Zheng Quan Zhi Xing·2025-09-02 10:24Group 1 - The report indicates that the company, Shenzhen Changliang Technology Co., Ltd., has received administrative regulatory measures from the Shenzhen Securities Regulatory Bureau due to issues in corporate governance and internal control [1][2][3] - The company has acknowledged the issues related to irregular operations of the board meetings and inadequate management of insider information, leading to a directive for corrective measures [1][2] - The company has developed a rectification plan and is enhancing its internal control and risk management capabilities following the receipt of the regulatory decisions [2][3] Group 2 - The sponsor, Guotai Haitong Securities Co., Ltd., has conducted regular reviews and has not missed any information disclosure documents from the company [1] - The company has been found to have issues with revenue recognition and accounts receivable management, which require attention [1][2] - The sponsor will continue to monitor the company's rectification efforts and governance improvements [2][3]