Zhong Guo Jing Ji Wang·2026-01-27 06:49Core Viewpoint - Longsoft Technology (688078.SH) has received a corrective order from the Beijing Securities Regulatory Bureau due to irregularities in revenue and cost accounting, as well as accounts receivable management [1][2]. Group 1: Regulatory Actions - The company has been ordered to correct its accounting practices and has received warning letters for key executives, including Chairman Mao Shanjun, General Manager Ji Yangrui, and CFO Guo Junying [1][2]. - The violations include improper revenue recognition and cost allocation, which do not comply with relevant accounting standards [2]. Group 2: Financial Performance - Longsoft Technology's 2025 annual performance forecast indicates expected revenue between 148 million and 164 million yuan, with projected net losses ranging from 49 million to 60 million yuan [3]. - The company's 2024 annual report shows total revenue of 329 million yuan, a year-on-year decline of 17.04%, and a net profit attributable to shareholders of 33 million yuan, down 60.83% year-on-year [3]. - The net cash flow from operating activities for 2024 was 21.86 million yuan [3]. Group 3: Fundraising and Use of Proceeds - Longsoft Technology raised a total of 381.93 million yuan from its IPO, with a net amount of 323.63 million yuan after deducting issuance costs [4]. - The intended use of the raised funds includes 48.2 million yuan for a big data cloud service platform project and 89.31 million yuan for a smart mining IoT control platform project [4].