SENSTEED(SZ:000981) Zhi Tong Cai Jing·2025-10-31 13:49Core Viewpoint - The company received a warning letter from the Gansu Securities Regulatory Bureau due to violations related to financial disclosures and share repurchase regulations [1][2]. Group 1: Financial Disclosure Violations - On April 29, 2025, the company disclosed corrections to accounting errors for the first three quarters of 2024, indicating inaccuracies in financial data for the first quarter, half-year, and third quarter of 2024 [1]. - The actions of the then Chairman and President, Ye Ji, and the then Chief Financial Officer, Lu Yan, were deemed negligent, leading to their primary responsibility for the violations [1]. Group 2: Share Repurchase Issues - On July 25, 2024, the company's board approved a share repurchase plan with a budget of 600 million to 1 billion yuan, intended to be executed within six months [2]. - The board extended the repurchase period by six months on January 24, 2025, but by July 26, 2025, only 4.83 million shares were repurchased for a total of 11.01 million yuan, which is only 1.8% of the lower limit of the repurchase plan [2]. - This failure to meet the repurchase targets constituted a violation of the relevant regulations [2].