Hoshine Silicon(SH:603260) Shang Hai Zheng Quan Bao·2026-01-16 19:45Core Viewpoint - The announcement details administrative regulatory measures taken by the Zhejiang Securities Regulatory Bureau against Hesheng Silicon Industry Co., Ltd. for failing to disclose related party transactions and investment agreements properly, which are in violation of the relevant disclosure regulations [1][2][3]. Group 1: Regulatory Measures - The company received a corrective order from the Zhejiang Securities Regulatory Bureau due to undisclosed related party transactions with Kaihua Lianying Trading Co., Ltd. and Kuqa Juyou Coal Industry Co., Ltd., which amounted to 771.5962 million yuan in 2022, representing 3.81% of the company's latest audited net assets [1][2]. - The company also failed to disclose a strategic cooperation framework agreement with the Hangzhou Xiaoshan District People's Government, with an initial investment of approximately 7 billion yuan, later increased to about 11 billion yuan, which accounted for 34.55% and 45.88% of the company's latest audited net assets [2][4]. Group 2: Responsibilities of Company Executives - The company's chairman, general manager, financial director, and board secretary are held primarily responsible for the violations related to the undisclosed transactions and agreements, as per the regulations outlined in the Securities Regulatory Commission's disclosure management measures [4][5]. - The executives are required to take corrective actions, enhance their understanding of securities laws, and ensure compliance with related party transaction management systems [5][6]. Group 3: Company Response - The company acknowledges the regulatory measures and commits to addressing the issues raised, improving compliance, and enhancing the quality of information disclosure to protect the interests of investors [5][6]. - The company assures that these regulatory measures will not affect its normal production and operational management activities [6].