Core Viewpoint - Tianbang Food (002124.SZ) has received an administrative regulatory decision from the Ningbo Regulatory Bureau of the China Securities Regulatory Commission due to failure to disclose significant litigation developments in a timely manner [1][2] Group 1: Legal Issues - On June 18, 2024, Tianbang Food disclosed that Anhui Guoyuan Tianbang Equity Investment Fund Co., Ltd. filed a lawsuit against Tianbang Food and Han Shiwei Food Group Co., Ltd. regarding a share repurchase dispute, seeking payment for the repurchase amount [1] - On January 13, 2025, the company received a first-instance civil judgment from the Hefei Intermediate People's Court concerning the share repurchase dispute, but failed to disclose this information promptly [1] Group 2: Regulatory Actions - The Ningbo Regulatory Bureau decided to issue a warning letter to Tianbang Food and conduct regulatory talks with Chairman and President Zhang Banghui and Secretary of the Board and Vice President Zhang Xiangyun due to the company's failure to comply with information disclosure regulations [2] - The violations were identified under the "Administrative Measures for Information Disclosure of Listed Companies" and will be recorded in the securities and futures market integrity database [2]

Core Viewpoint - Anhui Fuhuang Steel Structure Co., Ltd. is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, as indicated by the notice received on September 26, 2025 [1]. Group 1: Company Announcement - The company announced that it received a "Notice of Investigation" from the CSRC, which is a formal step indicating that the company is being investigated for potential violations of the Securities Law and the Administrative Penalty Law of the People's Republic of China [1]. - The specific nature of the alleged information disclosure violations has not been disclosed, but the company is expected to bear responsibility for any investment losses incurred by investors due to these violations [1]. Group 2: Investor Compensation - Investors who held shares of Fuhuang Steel Structure as of the market close on September 26, 2025, may have the right to claim compensation for their investment losses [2]. - The conditions for compensation are subject to legal interpretation and will ultimately be determined by the court [2]. Group 3: Required Documentation for Claims - Investors participating in the compensation process need to prepare specific documents, including a stock transaction statement covering the period from the first purchase to the complete sale, and a copy of their identification [3]. - If investors choose to hire a lawyer for representation, the legal fees will typically be contingent on the success of the case, meaning no upfront fees are required, and payment is only made if compensation is awarded [3].

Group 1 - Anhui Fuhuang Steel Structure Co., Ltd. received a "Notice of Investigation" from the China Securities Regulatory Commission (CSRC) on September 26, 2025, due to suspected violations of information disclosure laws [1] - The CSRC has decided to initiate an investigation against the company based on the Securities Law of the People's Republic of China and the Administrative Penalty Law [1] - The specific nature of the alleged information disclosure violations by Fuhuang Steel is currently unclear, but the company may be liable for compensating investors for any losses incurred [1] Group 2 - Investors holding Fuhuang Steel shares as of the market close on September 26, 2025, may have the right to claim compensation for investment losses [2] - The conditions for compensation claims are subject to court determination and are based on the legal opinion of attorney Chen Yuxia [2] Group 3 - Shareholders participating in the compensation claims must prepare specific materials, including stock transaction statements and a copy of their ID [3] - If a lawyer is retained for representation, the case typically operates on a risk contingency basis, meaning no upfront fees are required, and attorney fees are paid only upon winning the case [3]

Core Viewpoint - The company, Hainan Jing Grain Holdings Co., Ltd., has been ordered by the Hainan Securities Regulatory Bureau to rectify issues related to improper revenue recognition and lack of commercial substance in certain trading activities, which affected 2.51% of its audited revenue for 2023 [1][2]. Group 1 - The company received a decision from the Hainan Securities Regulatory Bureau regarding issues found in its subsidiary's trading activities involving palm oil, peanut oil, peanut kernels, and soybean, with a total revenue amount of 298,629,084.17 yuan [1][2]. - The identified issues violate the "Management Measures for Information Disclosure of Listed Companies" [2]. - The company is required to submit a written rectification report within 30 days and is subject to administrative supervision measures that will be recorded in the capital market integrity database [2][3]. Group 2 - The company emphasizes its commitment to addressing the issues highlighted in the decision and will undertake comprehensive rectification while ensuring that normal production and operational activities are not affected [3]. - The company will enhance trade business management and improve the quality of information disclosure as part of its corrective measures [2][3].

Group 1 - The Shenzhen Stock Exchange issued a regulatory letter to Jiangsu Grain Holdings, indicating issues with the company's subsidiary operations in palm oil, peanut oil, peanut, and soybean trading, where some transactions lacked commercial substance and revenue recognition did not comply with accounting standards, involving an amount of approximately 299 million yuan, which accounts for 2.51% of the company's audited revenue for 2023 [1] - The company is reminded to adhere strictly to the Securities Law, Company Law, and the Stock Listing Rules, ensuring accurate and timely information disclosure to prevent similar incidents in the future [1] - For the first half of 2025, the revenue composition of Jiangsu Grain Holdings was as follows: oil and fat accounted for 91.34%, food manufacturing accounted for 8.45%, and other businesses accounted for 0.21% [1] Group 2 - As of the report, the market capitalization of Jiangsu Grain Holdings is 4.7 billion yuan [2]

2025年9月26日，上海神奇制药投资管理股份有限公司收到上海证监局《行政监管措施决定书》。经 查，2023年公司利用"基药宣传计划"套取销售费用44,838,280元，通过员工个人账户转账虚构应收款项 回款，转回信用减值准备，致2023年年报信息披露差错。公司时任董事长ZHANGTAOTA0、时任总经 理冯斌、时任财务总监陈之勉履职未勤勉尽责。上海证监局决定对公司责令改正，要求30日内提交整改 报告；对三人出具警示函。公司表示将积极整改，规范会计处理，董事等人员将提高履职能力，本次监 管措施不影响正常经营。 ...

Core Viewpoint - Recently, Sunrise Oriental Holdings Co., Ltd. received a warning letter from Jiangsu Securities Regulatory Bureau regarding non-operating fund occupation due to loans provided to a subsidiary of the controlling shareholder [1] Group 1 - From April to December 2024, the company's subsidiary provided loans totaling 27.5863 million yuan to the controlling shareholder's subsidiary, with a year-end balance of 551,600 yuan [1] - This situation constitutes non-operating fund occupation, and the company failed to disclose this information in a timely manner [1] - As of the end of January 2025, the loans have been fully repaid, and the company, controlling shareholder, and related personnel have received a warning letter that will be recorded in their integrity files [1] Group 2 - The company and related personnel will implement strict rectification measures, standardize fund transactions, and enhance learning to prevent similar incidents from occurring in the future [1] - The regulatory measures taken do not affect the normal operations of the company [1]

Core Viewpoint - The company, Jingliang Holdings, has received a corrective measure from the Hainan Securities Regulatory Bureau due to violations in revenue recognition and lack of commercial substance in certain trades [1] Summary by Relevant Sections Regulatory Action - On September 26, 2025, the company received a decision from the Hainan Securities Regulatory Bureau regarding corrective measures [1] - The decision is based on findings that some trades in palm oil, peanut oil, peanut kernels, and soybean conducted by the company's subsidiaries lacked commercial substance and did not comply with accounting standards [1] Financial Impact - The involved revenue amounts to 299 million yuan, which represents 2.51% of the company's audited revenue for 2023 [1] Compliance and Remediation - The company is required to undertake comprehensive rectification, hold accountable relevant personnel, and improve trade business management and information disclosure quality [1] - A written rectification report must be submitted to the Hainan Securities Regulatory Bureau within 30 days of receiving the decision [1]

Core Points - The company, Beijing Hanjian Heshan Pipeline Co., Ltd., will hold a half-year performance briefing on October 15, 2025, to discuss its operational results and financial status for the first half of 2025 [2][4] - The briefing will be conducted in an interactive online format, allowing investors to ask questions in advance and during the session [3][5] - The company has received an administrative regulatory measure from the Beijing Securities Regulatory Bureau due to violations related to financial accounting, disclosure of major lawsuits, and related party transactions [7][8] Group 1: Performance Briefing - The performance briefing is scheduled for October 15, 2025, from 15:00 to 16:00 [4] - Investors can participate online through the Shanghai Stock Exchange Roadshow Center [5] - Questions can be submitted from September 30 to October 14, 2025, for discussion during the briefing [6] Group 2: Regulatory Measures - The company received a warning letter from the Beijing Securities Regulatory Bureau for non-compliance in financial accounting practices, including improper revenue recognition and inaccurate bad debt provisions [7][8] - The company failed to disclose significant lawsuits and related party transactions in a timely manner, with a total lawsuit amount of 122 million yuan and related party transactions amounting to 65.63 million yuan [7][8] - The company and responsible individuals are required to submit a written rectification report within 15 working days and improve their compliance with relevant regulations [8][9]

Core Viewpoint - Several listed companies have received administrative penalty notices from local securities regulatory authorities due to various violations, indicating a continuous effort to purify the capital market ecosystem [1][3]. Group 1: Violations and Consequences - ST Chuangyi's violation involved revenue recognition, leading to an overstatement of revenue by 267.8464 million yuan in 2022 and 124.7034 million yuan in the first half of 2023 [3]. - ST Juewei failed to recognize revenue from franchise store renovations from 2017 to 2021, resulting in understated revenue by 5.48%, 3.79%, 2.20%, 2.39%, and 1.64% for the respective years [3]. - KJY's violation involved unauthorized guarantees totaling 150 million yuan provided by its wholly-owned subsidiary without proper board and shareholder approval [3]. - ST Fuhua was found to have false records in its annual reports for 2019, 2020, and 2023 [4]. - ST Sike Rui used three methods to commit financial fraud, resulting in an inflated revenue of 9.9604 million yuan in its 2022 annual report [5]. Group 2: Regulatory Actions - ST Sike Rui, ST Fuhua, ST Chuangyi, and ST Juewei will have their stocks subjected to risk warnings starting September 23, with trading limitations imposed [7]. - ST Chuangyi, being a ChiNext stock, will have a daily price fluctuation limit of 20%, while the other three companies will have a limit of 5% [7]. - KJY, while receiving a penalty notice, did not meet the criteria for ST designation as its violations did not involve financial data falsification [7]. Group 3: Investor Rights and Compensation - Investors affected by the violations can seek compensation through legal means, with specific buy-sell intervals established for each company to qualify for claims [8][9]. - The buy-sell intervals for KJY, ST Sike Rui, ST Fuhua, ST Chuangyi, and ST Juewei have been clearly defined, allowing eligible investors to pursue their rights [8][9].