Core Viewpoint - Hubei Broadcasting and Television Network Co., Ltd. received a warning letter from Hubei Securities Regulatory Bureau due to improper revenue recognition in 2023, leading to inaccurate financial data disclosure in the annual report [1] Group 1: Company Announcement - On September 18, 2025, the company received a decision from Hubei Securities Regulatory Bureau regarding the issuance of a warning letter [1] - The warning is related to the company's previous announcement on April 29, 2025, concerning corrections of accounting errors and retrospective adjustments [1] Group 2: Financial Impact - The improper revenue recognition occurred in the company's wholly-owned subsidiary, Hubei Broadcasting and Television Information Network Wuhan Investment Co., Ltd., and its Wuhan branch [1] - The errors in revenue recognition affected the financial data disclosed in the 2023 annual report [1]
湖北广电收到湖北证监局警示函