Shang Hai Zheng Quan Bao·2025-12-27 14:25Core Viewpoint - Shengyuan Environmental Protection (300867) has faced significant losses from a private equity investment, leading to regulatory warnings and commitments for compensation from its controlling shareholders [1][6][7]. Group 1: Financial Losses - Shengyuan Environmental Protection's wholly-owned subsidiary invested 60 million yuan in the "Deep博宏图 Growth No. 1 Private Securities Investment Fund," which has incurred a loss of approximately 46.92 million yuan, representing an 81.54% decline in net asset value [6][7]. - The reported loss exceeds 10% of the company's audited net profit for the most recent fiscal year [6]. Group 2: Regulatory Actions - The Xiamen Securities Regulatory Bureau issued a warning letter to Shengyuan Environmental Protection and three key executives for failing to disclose the significant losses in a timely manner, violating relevant disclosure regulations [7]. - The executives involved include Chairman Zhu Yuxuan, General Manager Zhu Hengbing, and Secretary of the Board Chen Wenyu, who are held primarily responsible for the oversight [7]. Group 3: Compensation Commitments - The controlling shareholders, Zhu Yuxuan and Zhu Hengbing, have made an irrevocable commitment to compensate for the investment losses, ensuring the protection of the company's and shareholders' interests [8][9]. - The final compensation amount will be calculated based on the initial investment of 60 million yuan, minus any amounts recovered from the fund and the redemption proceeds [10]. - The shareholders have pledged to fulfill this compensation obligation by the time of the company's 2025 annual report disclosure, using their own or raised funds [10][12].