上市企业收到证监局警示函

Core Viewpoint - The company received a warning letter from the China Securities Regulatory Commission (CSRC) due to regulatory violations related to executive compensation and accounting practices [1][2] Summary by Relevant Sections Regulatory Violations - The warning letter highlighted two main areas of concern: 1. Inadequate review of compensation plans for individual directors and senior management for the years 2022-2024, and failure to properly manage insider information [1][2] 2. Non-compliance in accounting practices, including delays in capitalizing construction projects and untimely expense recognition, which led to inaccurate disclosures in the 2024 annual report [1][2] Company Profile - The company operates four manufacturing bases located in Henan, Inner Mongolia, and Guangxi, producing products such as steel wire for tires, steel strands, rubber hose steel wire, diamond wire, and high-performance organic silicon polymers [1][2] - These products are widely used in various industries, including automotive tires, rubber hoses, electric cables, overhead power lines, high-speed railways, ports, and photovoltaic solar silicon wafer cutting, positioning the company within the new materials sector of the seven strategic emerging industries [1][2]