BLT(SH:688333) Zhong Guo Jing Ying Bao·2026-01-15 14:21Core Viewpoint - Xi'an Bolet Technology Co., Ltd. (referred to as "Bolet") is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, following previous regulatory warnings regarding financial reporting inaccuracies [2][8]. Group 1: Regulatory Warnings - Bolet has faced regulatory scrutiny twice in the past year, first in January 2025 for prematurely recognizing revenue on certain products before control was transferred, leading to inaccurate financial statements [3][4]. - The company received a warning from the Shaanxi Securities Regulatory Bureau, which identified that Bolet's chairman and CFO bore primary responsibility for the violations [3][4]. Group 2: Financial Adjustments - Following regulatory warnings, Bolet announced a comprehensive review and adjustment of its financial reports, including the 2023 annual report and the first three quarterly reports of 2024 [6][7]. - The adjustments revealed that Bolet had overstated its 2023 revenue by 79.94 million yuan, which accounted for 6.48% of total revenue, and overstated profits by 33.54 million yuan, representing 24.80% of total profits [6][7]. Group 3: Investigation and Consequences - On January 1, 2026, Bolet announced it had received a formal notice of investigation from the CSRC, which may relate to the previous regulatory warnings and could involve undisclosed violations [8][9]. - The company has committed to cooperating with the investigation and fulfilling its disclosure obligations, although specific details regarding the investigation have not been disclosed [8][9].