威力传动：收到宁夏证监局行政监管措施决定书

Core Viewpoint - The company has received administrative regulatory measures from the Ningxia Securities Regulatory Bureau due to issues related to incomplete disclosure of temporary announcements, inadequate internal controls, and insufficient provision for bad debts on accounts receivable [1] Group 1 - The Ningxia Securities Regulatory Bureau issued a decision on November 14, 2025, regarding the company, mandating corrective actions [1] - The decision also includes regulatory talks with individuals Li Abo, Li Xiang, and Bao Yixuan [1] - The company’s issues have been recorded in the integrity archives of the securities and futures market [1]