龙溪股份收到福建证监局采取责令改正措施

Core Viewpoint - Longxi Co., Ltd. (600592.SH) has received a corrective measure order from the Fujian Securities Regulatory Bureau due to improper revenue recognition related to steel trading business, leading to inaccurate financial disclosures [1] Group 1: Regulatory Actions - The Fujian Securities Regulatory Bureau issued a decision (〔2025〕95号) requiring Longxi Co., Ltd. to correct its financial reporting practices [1] - The company violated the relevant provisions of the Accounting Standards for Enterprises No. 14 - Revenue (2017 Revision) and the Information Disclosure Management Measures for Listed Companies [1] Group 2: Compliance and Remediation - The company is mandated to submit a written rectification report to the Fujian Securities Regulatory Bureau within 30 days of receiving the decision [1] - Longxi Co., Ltd. is required to enhance its understanding of securities laws and regulations, improve financial accounting standards, and ensure compliance to prevent future violations [1]

LS BEARINGS-龙溪股份收到福建证监局采取责令改正措施 - Reportify