DZCM(SH:603999) Sou Hu Cai Jing·2025-10-27 16:20Core Viewpoint - Reader Publishing Media Co., Ltd. received an administrative regulatory decision from the Gansu Securities Regulatory Bureau regarding governance issues related to salary and compensation approvals [1][3]. Group 1: Regulatory Findings - The company was found to have salary and compensation matters requiring approval from its controlling shareholder, Reader Publishing Group Co., Ltd., indicating a lack of internal decision-making independence [3]. - This behavior violates the relevant provisions of the "Corporate Governance Standards for Listed Companies (2018 Revision)" [3]. Group 2: Accountability - Zhang Binqiang, the chairman of the company, and Liang Chaoyang, the then-chairman, bear primary responsibility for the identified issues [3]. Group 3: Company Response - The company expressed its commitment to addressing the issues outlined in the regulatory decision and will enhance its understanding of relevant laws and regulations [3]. - Reader Publishing Media aims to improve the quality of information disclosure and operational standards to protect the interests of the company and all shareholders, promoting healthy and sustainable development [3].