Breo(SH:688793) Nan Fang Du Shi Bao·2025-12-25 23:56Group 1 - The company and its actual controller, Ma Xuejun, are under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws [2] - The company announced that its business operations are currently normal and it will cooperate with the CSRC during the investigation [2] - The company specializes in the design, research and development, production, sales, and service of smart portable massagers, with its main products being eye and neck massagers [2] Group 2 - The company has faced significant financial pressure, reporting net losses of 124 million yuan in 2022 and 50.87 million yuan in 2023, with a brief profit of 10.25 million yuan in 2024 before returning to losses [3] - For the first three quarters of 2025, the company reported revenue of 552 million yuan, a year-on-year decline of 34.07%, and a net loss of 65.63 million yuan, a year-on-year increase in losses of 600.98% [3] - The company has been under regulatory scrutiny regarding the authenticity of its business operations, including inquiries into product sales, pricing, and financial transactions involving its actual controller [3][4]