Core Viewpoint - Qingyue Technology is under investigation by the China Securities Regulatory Commission (CSRC) for suspected false reporting of financial data in regular reports [1][2]. Group 1: Regulatory Actions - On October 31, Qingyue Technology announced that it received a notice of investigation from the CSRC due to allegations of false financial data reporting [2]. - The company stated that if the CSRC's administrative penalties confirm violations that fall under the major illegal circumstances for mandatory delisting as per the Shanghai Stock Exchange's rules, its stock may face mandatory delisting [4]. Group 2: Previous Warnings - In August 2023, Qingyue Technology received a warning letter from the Jiangsu Securities Regulatory Bureau, highlighting three main issues: improper use of raised funds, non-standard financial accounting for CTP+OLED product trade, and undisclosed related party transactions [5]. Group 3: Financial Performance - For the third quarter of 2025, Qingyue Technology reported total revenue of 476 million yuan, a year-on-year decrease of 13.64% [6]. - The net profit attributable to the parent company was -43.35 million yuan, an increase in loss of 11.3% year-on-year [6]. - The company’s total costs for the same period were 538 million yuan, reflecting a decrease in operating profit compared to previous periods [6].
监管出手！688496，立案！