688793，证监会立案！

Core Viewpoint - The company Beiqing Song and its actual controller, Ma Xuejun, are under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws [2] Group 1: Company Overview - Beiqing Song was listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on July 15, 2021, primarily engaged in the design, research and development, production, sales, and service of smart portable health hardware [6] - As of the end of the third quarter of 2025, Ma Xuejun directly holds 40.48% of Beiqing Song's shares and indirectly controls an additional 12.66% through various investment companies [4] Group 2: Financial Performance - For the first three quarters of 2025, Beiqing Song's revenue decreased by 34.07% to 552 million yuan, while the net profit attributable to shareholders dropped by 600.98% to -65.63 million yuan [6][7] - The company's operating income for the latest reporting period was approximately 166.59 million yuan, reflecting a year-on-year decline of 28.51% [7] - The net profit attributable to shareholders for the same period was -29.51 million yuan, with a significant decline in net profit excluding non-recurring gains and losses, which was -29.66 million yuan, marking an 826.41% decrease [7][8] Group 3: Market Impact - As of December 25, the stock price of Beiqing Song was 26.50 yuan per share, with a total market capitalization of 2.278 billion yuan [8]