又一IPO项目两保代、两注会、发行人及三名责任人被监管警示！

Core Viewpoint - The article discusses regulatory warnings issued by the Shanghai Stock Exchange against various parties involved in the IPO application of Feichao (Shanghai) New Materials Co., Ltd., highlighting significant compliance failures in financial reporting and internal controls [1][2][3]. Summary by Sections Regulatory Warnings - The Shanghai Stock Exchange issued regulatory warnings to the sponsor representatives Lu Yulong and Zhou Jie, as well as to the signing accountants Ye Shanwu and Zhang Kaiyan, due to their involvement in the IPO application process of Feichao New Materials [1][4]. Violations Identified - Feichao New Materials exhibited several violations during its IPO application, including: - Non-compliance in financial reporting, leading to inaccurate disclosures. For instance, profits were overstated by CNY 1.6585 million in 2021 (6.96% of total profit) and CNY 1.4491 million in 2022 (2.40% of total profit) [2][6]. - Inadequate execution of internal controls, with issues in fund management, sales management, and inventory management [2][6]. - Governance issues that were not adequately disclosed, including the mixing of personnel and assets with related parties [2][6]. - Incomplete and insufficient analysis of related party transactions, including undisclosed transfers of trademarks and loans to related parties [2][6]. Responsibilities of Key Individuals - The sponsor representatives Lu Yulong and Zhou Jie failed to identify and rectify the financial reporting issues, inadequately verified the effectiveness of internal controls, and did not ensure complete disclosure of related party transactions [3][12]. - The signing accountants Ye Shanwu and Zhang Kaiyan also did not effectively identify financial irregularities and failed to design and execute adequate internal control testing procedures, leading to non-compliance in financial disclosures [3][18]. Regulatory Measures - The Shanghai Stock Exchange decided to issue regulatory warnings to Feichao New Materials and its key responsible individuals, including the former chairman, general manager, and financial officer, for their roles in the violations [6][12].