Core Viewpoint - The company, Gansu Blue Science and Technology High-tech Equipment Co., Ltd., has received a warning letter from the Gansu Securities Regulatory Bureau for failing to disclose related party transactions and non-operating fund occupation, violating information disclosure regulations [1] Summary by Relevant Sections - Regulatory Action - The Gansu Securities Regulatory Bureau issued a warning letter to the company and its former chairman Duan Yulin and former vice president Zhou Chunping for not disclosing related party transactions with Jiangsu Engao Industrial Technology Research Institute Co., Ltd. amounting to 44.7643 million yuan in 2019 and 72.36 million yuan in 2020 [1] - The former controlling shareholder, China Energy Engineering Group Co., Ltd., and its chairman Liu Bin also received similar measures for failing to cooperate in disclosing related party and non-operating fund occupation issues [1] - Financial Impact - The company reported the recovery of related funds amounting to 47 million yuan, indicating a proactive approach to rectify the situation [1] - Future Measures - The company has committed to strengthening internal controls and information disclosure management to prevent similar issues from occurring in the future [1]
蓝科高新:收到甘肃证监局警示函