Core Viewpoint - The company, Kunshan Kosen Technology Co., Ltd., has issued a correction and supplementary announcement regarding its related party transactions and received a warning letter from the Jiangsu Securities Regulatory Bureau for failing to disclose certain transactions in a timely manner [1][4]. Summary by Sections Correction of Related Party Transactions - The company corrected the reported amounts of related party transactions with Weishida and Yingzhirong for the years 2020 to 2024. The corrected amounts are 163,706.60 million yuan for Weishida and 107,836.79 million yuan for Yingzhirong, which include tax [2]. Warning Letter from Regulatory Authority - The company and its relevant personnel received a warning letter from the Jiangsu Securities Regulatory Bureau for not timely reviewing and disclosing daily related party transactions from 2018 to 2024, which included errors in the disclosed transaction amounts [4][5]. Violations and Responsibilities - The company violated the disclosure regulations by not properly disclosing non-operating fund occupation matters in 2022, where funds were occupied for 1 to 4 days without following the required procedures [6][5]. The then Chairman and General Manager, Xu Jingen, and the then Financial Director, Xiang Xuemei, are held primarily responsible for these violations [5][6]. Regulatory Measures and Future Actions - The regulatory authority decided to issue a warning letter to the company and the responsible individuals, which will be recorded in the securities market integrity archive. The company is required to submit a written report on corrective actions within 10 working days [7][8]. The company emphasizes its commitment to improving compliance and information disclosure practices [8].

公司及有关责任人表示将认真吸取教训，加强相关法律法规学习，杜绝此类行为再次发生。本次行政监管措施不会影响公司正常生产经营。 天眼查资料显示，百川能源成立于1992年03月18日，注册资本134085.481万人民币，法定代表人王东海，注册地址为汉阳区阳新路特一号。主营业务为城市 管道燃气销售、燃气工程安装、燃气具销售。 目前，公司董事长为王东海，董秘为李思萌，员工人数为1944人，实际控制人为王东海。 雷达财经 文|冯秀语 编|李亦辉 11月14日，百川能源（600681）公告，公司及相关人员于2025年11月13日收到中国证券监督管理委员会湖北监管局出具的警示函。原因是公司董事长王东海 自2019年9月起可以控制涿鹿大地燃气有限公司和绥中大地天然气管道有限公司，但未向公司报送关联人名单和关联关系说明，导致公司在2019年10月以 2.20亿元收购这两家公司时未履行关联交易的审议程序和披露义务。 该行为违反了《上市公司信息披露管理办法》第四十八条的规定。湖北证监局决定对公司及王东海采取出具警示函的行政监管措施，并记入证券期货市场诚 信档案。 公司参股公司51家，包括河北广祥建设工程有限公司、海南百川氢能科技发 ...

Core Viewpoint - China Energy Engineering Group Co., Ltd. (referred to as "China Energy") and its chairman Liu Bin received a warning letter from the Gansu Securities Regulatory Bureau due to violations related to information disclosure and non-operating fund occupation [1][2]. Summary by Sections Violations Identified - China Energy failed to disclose related parties and transactions involving its former controlling shareholder, Gansu Blue Science Petrochemical High-tech Equipment Co., Ltd. (referred to as "Blue Science High-tech"), leading to undisclosed amounts of 44.7643 million yuan and 72.36 million yuan in the annual reports for 2019 and 2020 respectively [1]. - The company was found to have non-operating occupation of funds, where Blue Science High-tech paid a total of 47 million yuan to related suppliers, but the funds were actually used by China Energy from August 2019 to June 2020, violating regulations on related party transactions [1]. Responsibilities and Consequences - Liu Bin, as the chairman, was aware of the relationship with Jiangsu Engao Industrial Technology Research Institute Co., Ltd. and was responsible for the related contracts and fund transfers, thus bearing primary responsibility for the violations [2]. - The Gansu Securities Regulatory Bureau decided to issue a warning letter and required the company to submit a written rectification report within 30 days of receiving the decision [2]. Company Background - China Energy was established in August 1987 and is a comprehensive energy service group under China National Machinery Industry Corporation, involved in energy investment, engineering construction, technology research and development, and energy trading services [3]. - The company is headquartered in Shanghai and possesses various qualifications and certificates across multiple sectors, including power, petrochemicals, pharmaceuticals, construction, and municipal engineering, providing integrated services from planning consultation to operational management [3].

Core Points - The stock of Shanzi Gaoke (000981) closed at 3.76 yuan on November 3, 2025, down 7.84% from the previous trading day, with a total market capitalization of 37.59 billion yuan [1] - The company received a warning letter from the Gansu Regulatory Bureau of the China Securities Regulatory Commission on October 31, 2025, due to two main issues: the correction of financial data for the first three quarters of 2024 and the failure to complete a share repurchase plan [1] - The planned share repurchase was set between 600 million to 1 billion yuan, but only 4.83 million shares were repurchased for a total of 11.01 million yuan, which is only 1.8% of the lower limit of the plan [1] - The former chairman and president, Ye Ji, and the former financial director, Lu Yan, were held primarily responsible for the issues due to lack of diligence [1] - The Gansu Regulatory Bureau decided to issue a warning letter and record it in the integrity file of the securities and futures market, requiring the company to submit a written rectification report within 30 days [1] - The company stated that it will enhance its understanding of laws and regulations and improve its operational standards, asserting that these matters do not affect normal operations [1]

Core Points - The company received a warning letter from the Gansu Securities Regulatory Bureau regarding inaccurate financial data and incomplete share repurchase [1][2][3] Group 1: Financial Data Issues - The company disclosed corrections to financial data for the first three quarters of 2024, indicating inaccuracies in the consolidated balance sheet and profit statement [1] - The former chairman and president, Ye Ji, and the former financial director, Lu Yan, were held primarily responsible for the violations of the information disclosure management regulations [1][3] Group 2: Share Repurchase Incompletion - The company planned to repurchase shares worth between 600 million to 1 billion yuan but only repurchased shares worth 11.01 million yuan, which is 1.8% of the lower limit of the plan [2] - This incomplete repurchase constitutes a violation of the share repurchase rules [2][3] Group 3: Regulatory Response - The Gansu Securities Regulatory Bureau decided to issue a warning letter as an administrative regulatory measure, which will be recorded in the securities market integrity file [3] - The company is required to submit a written rectification report within 30 days and is expected to enhance its understanding of relevant laws and regulations [3]

Group 1 - The company received a warning letter from the Gansu Securities Regulatory Bureau due to inaccurate financial disclosures for the first three quarters of 2024, violating the regulations of the Information Disclosure Management Measures for Listed Companies [1] - The former chairman and president, Ye Ji, and the former financial director, Lu Yan, were held primarily responsible for the violations, indicating a lack of diligence in their duties [1] Group 2 - The company planned to repurchase shares worth between 600 million to 1 billion CNY, with the initial approval on July 25, 2024, and extended the repurchase period to July 24, 2025 [2] - By July 26, 2025, the company had repurchased 4.8331 million shares for a total amount of 11.0148 million CNY, which only accounted for 1.8% of the lower limit of the repurchase plan, constituting a violation of the share repurchase regulations [2] - The Gansu Securities Regulatory Bureau decided to issue a warning letter to the company and related personnel, which will be recorded in the integrity archives of the securities and futures market [2]

Core Viewpoint - The company received a warning letter from the Gansu Securities Regulatory Bureau due to violations related to financial disclosures and share repurchase regulations [1][2]. Group 1: Financial Disclosure Violations - On April 29, 2025, the company disclosed corrections to accounting errors for the first three quarters of 2024, indicating inaccuracies in financial data for the first quarter, half-year, and third quarter of 2024 [1]. - The actions of the then Chairman and President, Ye Ji, and the then Chief Financial Officer, Lu Yan, were deemed negligent, leading to their primary responsibility for the violations [1]. Group 2: Share Repurchase Issues - On July 25, 2024, the company's board approved a share repurchase plan with a budget of 600 million to 1 billion yuan, intended to be executed within six months [2]. - The board extended the repurchase period by six months on January 24, 2025, but by July 26, 2025, only 4.83 million shares were repurchased for a total of 11.01 million yuan, which is only 1.8% of the lower limit of the repurchase plan [2]. - This failure to meet the repurchase targets constituted a violation of the relevant regulations [2].

Core Points - The company received a warning letter from the Heilongjiang Securities Regulatory Bureau regarding violations of disclosure regulations related to a related party transaction [1][2] - The transaction involved a procurement deal with Shanghai Haiwei Biotechnology Co., a wholly-owned subsidiary of a related entity, totaling 32.38 million yuan, which is 0.68% of the company's latest audited net assets [1] - The company's chairman, general manager, and board secretary were found primarily responsible for failing to fulfill their diligence obligations [1] Summary by Sections - **Regulatory Action** - The Heilongjiang Securities Regulatory Bureau issued a warning letter to the company and its executives as an administrative regulatory measure [2] - The warning will be recorded in the securities and futures market integrity archives [2] - **Transaction Details** - The related party transaction involved a total amount of 32.38 million yuan [1] - This amount represents 0.68% of the company's most recent audited net assets [1] - **Responsibility** - The chairman, general manager, and board secretary of the company did not comply with the required diligence obligations, leading to their accountability for the violations [1]

Core Points - The company received a regulatory decision from the Tianjin Securities Regulatory Bureau, which includes a directive for correction and regulatory talks for specific individuals [1][2] - The company failed to accurately disclose related party transactions and non-operating fund occupation in its annual reports for 2023 and 2024 [1][2] - The company is required to complete corrective actions within six months and submit a written report to the regulatory authority [2][4] Summary by Sections Regulatory Decision - The Tianjin Securities Regulatory Bureau issued a decision requiring the company to correct its disclosures regarding a loan of 10.35 million yuan to a related party, which has not been repaid [1] - The decision also involves regulatory talks for the chairman and financial director due to their failure to fulfill their responsibilities [1][2] Financial Management Issues - The company recognized 10.2888 million yuan as "non-operating income" from demolition compensation without timely disclosure, violating disclosure regulations [2] - The previous chairman and president, along with the financial director, are held responsible for these violations [2] Corrective Actions - The company must enhance its financial management and internal controls to prevent future violations and improve the quality of information disclosure [4] - The regulatory measures will not affect the company's normal business operations, and it will continue to fulfill its disclosure obligations [5]

Core Points - The China Securities Regulatory Commission (CSRC) has ordered Zhongti Industry Group Co., Ltd. to rectify its actions due to failure to timely disclose significant events and fulfill other responsibilities [1][2] - Key executives, including Chairman Dan Tie and CFO Gu Xingquan, are held primarily responsible for the violations [1] Summary of Violations - In 2021, Zhongti Industry borrowed 10.35 million yuan from Zhongti Haiying International Sports Culture Development Co., Ltd., with other shareholders failing to provide proportional funding [1] - By the end of the 2024 reporting period, the total outstanding loan (including interest) reached 11.2956 million yuan, which remains unpaid [1] - The company inaccurately disclosed in its 2023 and 2024 annual reports that there were no non-operating fund occupations by controlling shareholders and other related parties [1] - In December 2021, a subsidiary recognized demolition compensation of 10.2888 million yuan as "non-operating income" without timely disclosure, violating information disclosure regulations [1] Regulatory Actions - The CSRC has decided to impose administrative measures requiring Zhongti Industry to rectify its actions and has conducted regulatory talks with the key executives involved [2]