WST(SH:688122) Xin Lang Cai Jing·2025-09-24 09:47Group 1 - The company received a regulatory decision from the Shaanxi Securities Regulatory Bureau on August 26, 2025, regarding corrective measures for various compliance issues [1] - The company identified and rectified issues related to revenue recognition, where income from certain customers was not recognized in a timely manner in 2024, leading to inaccurate financial disclosures [1] - The company has implemented a comprehensive review and training program for its sales and finance departments to enhance compliance and internal controls regarding revenue recognition [1] Group 2 - The company faced issues with the improper use of idle raised funds for cash management, with plans to use up to 1.05 billion yuan and 0.95 billion yuan in 2024 and 2025 respectively [2] - During a review period, the company mismanaged idle funds, prompting a need for enhanced compliance training for board members and executives [2] - The company has taken steps to ensure accurate disclosure of major customers and their ownership structures, with corrective measures already completed and ongoing [2] Group 3 - The company acknowledges its shortcomings and aims to strengthen compliance awareness and establish a routine for compliance building through these corrective actions [2]