Creator Information(SZ:300730) Jing Ji Guan Cha Wang·2025-12-23 14:39Company Dynamics - On December 23, Kexin Information (300730) announced that it and relevant responsible persons received an "Administrative Penalty Notice" from the Hunan Securities Regulatory Bureau [2] - The company received a "Notice of Investigation" from the China Securities Regulatory Commission (CSRC) on November 17, 2025, due to suspected violations of information disclosure laws [2] Investigation Findings - In April 2023, Kexin Information engaged in server and application software sales with Dayou Digital Technology (Beijing) Co., Ltd. The company did not have control over the products during this business and incorrectly recognized revenue using the total amount method, violating accounting standards [3] - This misconduct resulted in an inflated operating revenue of 46,320,193.97 yuan, accounting for 33.57% of the reported operating revenue for the period; inflated operating costs of 32,601,645.30 yuan, also 33.57% of the reported operating costs; and inflated profit of 12,792,144.79 yuan, which represented 71.94% of the total reported profit for the period [3] Regulatory Actions - The Hunan Securities Regulatory Bureau believes that Kexin Information's actions violate Article 78, Paragraph 2 of the Securities Law, constituting a violation as described in Article 197, Paragraph 2 of the same law [4] - The bureau plans to impose the following penalties: a warning and a fine of 1.5 million yuan on Kexin Information; a warning and a fine of 800,000 yuan on Chairman Fei Yaoping; a warning and a fine of 800,000 yuan on General Manager and CFO Li Jie; and a warning and a fine of 600,000 yuan on Financial Manager Long Zhong [4]