深圳一上市公司停牌！时任董事长及3高管被警示，已连亏4年

Core Viewpoint - Shenzhen Securities Regulatory Bureau has imposed corrective measures on Shenzhen Baoying Construction Holding Group Co., Ltd. due to internal control deficiencies and inaccurate information disclosure [1][2] Group 1: Regulatory Actions - The Shenzhen Securities Regulatory Bureau issued a decision to order the company to make corrections and issued warning letters to key executives including Hu Jia, Xiao Jiahe, Xue Wen, and Liu Cheng [1][2] - The company is required to submit a written rectification report within 30 days of receiving the decision [2] Group 2: Internal Control Issues - The company was found to have deficiencies in internal controls related to project management, procurement management, and fund management [1] - Inaccurate disclosure regarding cash donations from related parties in December 2024 was highlighted as a significant issue [1] Group 3: Executive Changes - The company has experienced frequent changes in senior management since the beginning of the year, with multiple executives resigning between March and August 2025 [7][9][10] - Notable resignations include the CFO Xue Wen and Vice General Manager Gao Chuanyu, both citing personal reasons [9] Group 4: Financial Performance - The company has reported continuous losses for four consecutive years, totaling over 5.5 billion [14][15] - For the fiscal year 2024, the company achieved a revenue of 2.112 billion, a year-on-year decrease of 48.63%, and a net loss of 742 million, a reduction in loss of 23.52% compared to the previous year [15] Group 5: Corporate Governance - The company’s board of directors has seen significant turnover, with the appointment of Li Peng as the new chairman following the resignation of former chairman Lü Haitao [10] - The company has been criticized for increasing executive compensation despite ongoing financial losses, with total compensation for directors and executives rising from 7.57 million in 2022 to 11.54 million in 2024 [15]