北京证监局对韩建河山及相关责任人出具警示函

Core Points - Beijing Hanjian Heshan Pipe Industry Co., Ltd. received a warning letter from the Beijing Securities Regulatory Bureau due to several violations in financial reporting and disclosure practices [1][2] Summary by Category Financial Reporting Violations - The company exhibited non-compliance in financial accounting, including improper revenue recognition for a project in Guangxi, leading to inaccuracies in income and other financial statement items [1] - Issues were identified in the write-off of accounts receivable and the calculation of bad debt provisions, as well as inaccuracies in the impairment provisions for construction contracts [1] - The company failed to clearly explain the reasons for changes in the asset group scope during goodwill impairment testing [1] Disclosure Violations - The company did not properly disclose significant litigation, with a total involved amount of 122 million yuan over a 12-month period since October 26, 2022, and failed to report this in the 2023 semi-annual report [1] - There were also failures in disclosing related party transactions, with a total of 65.63 million yuan in transactions with the same related party over the past 12 months, lacking timely compliance with review procedures and disclosure obligations [1] Regulatory Actions - The Beijing Securities Regulatory Bureau decided to issue a warning letter to the company and its key executives, including the chairman and general manager, due to the violations of the Information Disclosure Management Measures [2]