Xin Lang Cai Jing·2025-12-03 11:40Core Viewpoint - Guizhou BaiLing announced that its actual controller, Jiang Wei, received a notice from the China Securities Regulatory Commission (CSRC) regarding an investigation into insider trading and information disclosure violations [1][3]. Group 1: Company Overview - Jiang Wei holds 245.35 million shares of Guizhou BaiLing, accounting for 17.55% of the total share capital, and is the largest shareholder [3][10]. - Jiang Wei's shares are currently 100% pledged, and he has been actively cooperating with the CSRC during the investigation [3][10]. Group 2: Financial Performance - For the period from January to September, Guizhou BaiLing reported revenue of 2.102 billion yuan, a decrease of 24.28% year-on-year, and a net profit of 56.81 million yuan, down 35% [7][13]. - In the third quarter alone, the company achieved revenue of 640 million yuan, an increase of 1.11% year-on-year, and a net profit of 4.98 million yuan, up 559.9% [7][13]. Group 3: Regulatory Issues - In August 2024, the company faced public reprimands from the Shenzhen Stock Exchange for failing to disclose its 2023 annual performance forecast, which indicated a net loss of 415 million yuan [6][12]. - The CSRC issued a formal notice of investigation to Jiang Wei in November 2024 for alleged violations related to information disclosure [6][12].