Core Viewpoint - Hongquan Technology (688288) received a warning letter from the Zhejiang Securities Regulatory Bureau due to multiple regulatory violations [1] Summary by Relevant Categories Regulatory Violations - The company failed to disclose non-operating fund transactions with its actual controller, He Junqiang, in the 2024 annual report and the 2025 semi-annual report [1] - There were irregularities in the review process for cash management of raised funds, including overdue reviews [1] - The company did not hold the required meetings of the audit committee as mandated [1] - The company failed to implement effective control over its subsidiaries, Shanghai Chengsheng Technology Co., Ltd. and Shanghai Xianshu Intelligent Technology Co., Ltd. [1] Accountability - The chairman and general manager, He Junqiang, along with the then-secretary of the board, Lv Huihua, the current secretary of the board, Zhang Xujian, and the financial officer, Liu Jiangzhen, bear primary responsibility for the violations [1] Regulatory Actions - The Zhejiang Securities Regulatory Bureau decided to issue warning letters to Hongquan Technology and the aforementioned individuals, which will be recorded in the securities and futures market integrity archives [1]
鸿泉技术收到浙江证监局警示函