Core Viewpoint - The company received a warning letter from the Shanghai Securities Regulatory Commission due to inaccuracies in financial data disclosures in its 2023 annual report and multiple quarterly reports for 2024 [1] Group 1: Financial Reporting Issues - The company reported inaccuracies related to internal transaction offsets of subsidiaries, errors in the amortization of right-of-use assets, and misstatements in revenue recognition across periods [1] - The regulatory body has mandated the company and responsible individuals to rectify these issues to enhance operational standards and improve internal control systems [1] Group 2: Impact of Regulatory Measures - The regulatory measures imposed are not expected to have a significant impact on the company's operations [1]
城地香江:收到上海证监局行政监管措施决定书