Core Viewpoint - Lierda (stock code: 920249) is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, involving key executives including Chairman Ye Wenguang and General Manager Chen Kai [1][3]. Group 1: Company Background and Ownership Structure - Lierda was founded in 2001 and specializes in IC value-added distribution and IoT module solutions, listing on the Beijing Stock Exchange in February 2023 [5]. - The actual control of the company is held by Chen Kai, Ye Wenguang, and Chen Yun, who collectively own 60.12% of the shares, indicating a strong influence over the company's operational and financial decisions [4]. - Chen Kai and Ye Wenguang are related, with Ye being Chen's uncle by marriage, and both have been in key management positions for many years [4]. Group 2: Financial Performance - In 2023, Lierda's revenue decreased by 5.87% to 2.427 billion yuan, with a net loss of 12.81 million yuan [5]. - The financial situation worsened in 2024, with revenue dropping by 19.31% to 1.958 billion yuan and a net loss of 108 million yuan [5]. - However, in 2025, Lierda reported a revenue increase of 24.17% to 2.432 billion yuan and a net profit of 49.15 million yuan, indicating a recovery driven by growth in IoT module and system solutions [6]. Group 3: Regulatory Issues - The CSRC's investigation is ongoing, and the specific details of the violations and potential penalties have not yet been disclosed [3]. - Lierda has committed to cooperating with the CSRC during the investigation and will adhere to its information disclosure obligations [3]. - Prior to the investigation, Lierda had to correct its 2024 annual report due to accounting errors affecting financial data from 2019 to 2023 [6].
国内物联网通信模组赛道的头部玩家被立案！