Group 1 - Shenzhen Securities Regulatory Bureau announced that Dongjiang Environmental has issues in financial accounting, internal control, and corporate governance, leading to regulatory talks as a supervisory measure [1] - Specific financial accounting issues include irregular revenue recognition in precious metal recycling and landfill gas power generation, insufficient basis for changes in accounting policies for anode mud sales, and improper capitalization of interest on loans for heavy metal sludge workshops [2] - Internal controls related to revenue are inadequate, and there are inconsistencies between the recognition criteria for goodwill-related asset groups and the disclosures in the annual report for 2022 [2] Group 2 - In terms of corporate governance, Dongjiang Environmental has irregularities in the operation of its three meetings (shareholders' meeting, board of directors, and supervisory board) and improper management of insider information registries [3] - These governance issues reflect broader problems in financial accounting and internal controls, resulting in non-compliance with relevant disclosure regulations [3] - The Shenzhen Securities Regulatory Bureau has mandated that the company's chairman, president, CFO, and board secretary attend regulatory talks to address these issues [3]
财务会计核算、内部控制等方面存在问题,东江环保被采取监管谈话的措施