Core Viewpoint - The company received a warning letter from the Zhejiang Securities Regulatory Bureau due to incomplete disclosures regarding its futures hedging activities and issues related to the management of raised funds [1] Group 1: Regulatory Findings - The Zhejiang Securities Regulatory Bureau discovered that the company engaged in futures hedging but only disclosed one-sided investment income and fair value changes in its periodic reports, failing to fully disclose the corresponding gains and losses from spot orders, which significantly impacted the company's performance [1] - The company had some fundraising accounts that were not properly reviewed, and the amount of short-term idle raised funds used for financial management exceeded the approved limit [1]
万凯新材及相关人员收到浙江证监局警示函