屡罚不止！002808 再收警示函

Core Viewpoint - *ST Hengjiu has received a warning letter from the Jiangsu Securities Regulatory Bureau due to violations in insider information management, highlighting ongoing regulatory scrutiny and governance issues within the company [2][4]. Group 1: Regulatory Actions - The company has been issued a warning letter for non-compliance with the insider information registrant management regulations, specifically failing to maintain proper registration of insiders [4]. - Key executives, including the former chairman Yu Rongqing and board secretary Zhang Dongyun, are held primarily responsible for these violations [4]. - The Shenzhen Stock Exchange has also issued a regulatory letter to the company and its executives, urging strict adherence to securities laws and accurate information disclosure [4]. Group 2: Company Background and Financial Issues - *ST Hengjiu, officially known as Hengjiu Technology, operates in the imaging consumables and information security sectors, focusing on the development and sales of laser organic photoconductor products [6]. - The company has faced deteriorating management conditions, with a formal investigation initiated by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws [6]. - In June 2025, the company and its responsible parties were fined a total of 25.5 million yuan for false disclosures in multiple periodic reports from 2019 to 2021, with significant penalties imposed on key individuals [6]. - The company is at risk of delisting, having reported a net profit of -4,710.40 yuan and failing to meet revenue thresholds, leading to risk warnings on its stock [6]. Group 3: Market Performance - As of September 19, the stock price of *ST Hengjiu was 4.77 yuan per share, with a total market capitalization of approximately 1.282 billion yuan [7].