WZJT(SH:600368) Zheng Quan Shi Bao Wang·2025-11-20 11:42Core Viewpoint - Wuzhou Transportation has received regulatory measures from the Guangxi Securities Regulatory Bureau due to issues related to accounting irregularities and failure to conduct integrity checks on proposed senior management appointments [1][2]. Group 1: Regulatory Actions - The Guangxi Securities Regulatory Bureau issued a corrective order to Wuzhou Transportation for non-compliance with accounting standards and improper revenue recognition practices from 2022 to 2024 [1]. - The company failed to conduct required integrity checks on proposed directors and senior management, violating relevant regulations [1]. Group 2: Company Response - Wuzhou Transportation emphasizes its commitment to addressing the issues raised by the regulatory body and plans to enhance its financial management and compliance practices [2]. - The company will prepare a rectification report within the stipulated timeframe as per the regulatory requirements [2]. Group 3: Business Overview - Wuzhou Transportation is the only listed company in Guangxi operating toll road businesses, with significant operations in toll collection and logistics [3]. - For the first three quarters of 2025, the company reported a revenue of 1.205 billion yuan, a decrease of 0.86% year-on-year, and a net profit of 508 million yuan, down 10.26% year-on-year [3].