Qianjing Landscape(SH:603778) Xi Niu Cai Jing·2025-09-24 05:28Core Viewpoint - Guosheng Technology (603778.SH) has been penalized by the China Securities Regulatory Commission for multiple violations, leading to corrective measures for the company and several key personnel [2][4]. Group 1: Violations and Penalties - Guosheng Technology has been found to have inaccurate revenue and cost recognition in its landscaping business, resulting in misleading disclosures in the 2022 annual report and the 2023 semi-annual report [4][5]. - The company failed to follow proper procedures for external borrowing, with a subsidiary misclassifying a loan of 87.5 million yuan as project prepayment without reporting to management [4][5]. - Internal controls in the newly added lighting business segment were inadequate, with multiple management deficiencies identified [4][5]. Group 2: Responsible Personnel - Key personnel held responsible for the violations include Huai Quanfu (former Chairman and General Manager), Wu Jun (former Chairman), Gao Fei (former General Manager), Zhang Yongsheng (former CFO), and Yao Qi (former CFO) [5]. - The Shanghai Stock Exchange has issued a regulatory warning to Guosheng Technology and the aforementioned individuals, mandating effective corrective actions and a thorough review of compliance risks [5]. Group 3: Financial Performance - In the first half of 2025, Guosheng Technology reported revenue of 307 million yuan and a net loss attributable to shareholders of 96.34 million yuan [5].