天际股份收行政监管措施决定书和监管函

Core Viewpoint - Tianji Co., Ltd. has received regulatory warnings from the Guangdong Securities Regulatory Bureau and the Shenzhen Stock Exchange due to violations related to goodwill impairment testing, financial accounting inaccuracies, and improper information disclosure [1] Group 1: Regulatory Actions - The Guangdong Securities Regulatory Bureau issued a decision requiring Tianji Co., Ltd. to rectify its practices and provided warning letters to executives Wu Xidun, Yang Zhixuan, and Zheng Wenlong [1] - The Shenzhen Stock Exchange also issued a regulatory letter highlighting the company's violations [1] Group 2: Identified Violations - The company was found to have non-compliant goodwill impairment testing for its subsidiaries, Jiangsu Xintai Material Technology Co., Ltd. for the year 2023 and Changshu Yuxiang Trading Co., Ltd. for the year 2024 [1] - Tianji Co., Ltd. and its subsidiary, Changshu Xinte Chemical Co., Ltd., failed to appropriately account for the salaries of sales and management personnel from September 2023 to December 2024 [1] - The company provided financial assistance to non-related parties from September 2023 to August 2025 without following the required review procedures and information disclosure obligations [1]