天晟新材涉嫌违规被立案，信披透明度再敲警钟

Group 1 - The company Tian Sheng New Materials has received a notice from the China Securities Regulatory Commission (CSRC) regarding a formal investigation due to suspected violations of information disclosure, particularly related to undisclosed related-party transactions in 2023 [1][2][3] - The investigation has attracted significant market attention, although the company claims that its production and operational activities are currently normal and that the investigation will not have a major adverse impact on daily operations [3] - The company is in a critical period of control change, with announcements made in mid-January regarding the planned change of controlling shareholder and actual controller, which has been completed in terms of share transfer and subscription disclosures [4] Group 2 - The unexpected investigation raises concerns about whether the company's restructuring process can proceed as planned, as major asset restructuring and share issuance may face restrictions or scrutiny during the investigation period [4] - The company faces the challenge of cooperating with regulatory investigations while maintaining market confidence and ensuring a smooth transition of control [4]