国泰海通证券被通报！

Core Viewpoint - The Shenzhen Stock Exchange reported that Guotai Junan Securities (formerly Haitong Securities) failed to adequately verify the early revenue recognition of the target company, Zhongjie Neng Iron Han Ecological Environment Co., Ltd, during its advisory role in a share issuance and asset purchase transaction [1][4]. Group 1: Revenue Recognition Issues - Zhongjie Neng Dadi Environment recognized revenue based on the progress of environmental remediation projects, which was determined by the ratio of actual costs incurred to the estimated total contract costs [1][4]. - An investigation revealed that certain projects had prematurely recognized revenue, impacting Dadi's revenue for 2022 and 2023 by CNY 66.3864 million and CNY -4.7377 million, respectively, which accounted for 11.35% and -0.81% of the respective annual revenues [2][5]. - The total profit impact for the same periods was CNY 16.9541 million and CNY -0.6349 million, representing 46.98% and -1.13% of the total profits [2][5]. Group 2: Regulatory Actions - The self-regulatory measures taken against Guotai Junan Securities included a written warning due to the inadequate verification procedures regarding revenue recognition and cost accounting accuracy [3][6].