国泰海通证券股份有限公司 关于深圳市首航新能源股份有限公司 深圳证券交易所： 根据《证券发行上市保荐业务管理办法》《深圳证券交易所上市公司自律监 管指引第 13 号——保荐业务》《深圳证券交易所上市公司自律监管指引第 2 号 ——创业板上市公司规范运作》要求，国泰海通证券股份有限公司（以下简称"国 泰海通"或"本保荐人"）作为深圳市首航新能源股份有限公司（以下简称"首 航新能"或"公司"）首次公开发行股票并在创业板上市的保荐人，对公司进行 了 2025 年度持续督导培训，报告如下： （六）培训对象：公司控股股东及实际控制人、董事、监事、高级管理人员、 部分关键岗位人员 本次培训前，国泰海通编制了培训材料，并提前要求首航新能参与培训的相 关人员了解培训相关内容。 二、本次培训的主要内容 本次培训主要内容为：1、上市公司信息披露简介，主要包括信息披露的内 容、渠道、法律体系、基本原则以及一般规定；2、募集资金存放和使用关注要 点，主要包括募集资金管理的总体要求、专户存储规范、资金使用流程、变更审 批程序以及监督管理机制等关键环节。本次培训通过演示培训讲义、解读法规条 文及案例分析、解答培训对象的问题等形式，加深了 ...

2024年度可持续发展报告 资料来源：闻泰科技 编者按：ESG年报解读为搜狐财经及价值公司100联合发起的针对各公司ESG报告披露情况的解读专 栏。 参考上交所《上市公司治理准则》、港交所《环境、社会及管治守则》等文件，搜狐财经迭代完善各行 业ESG测评体系标准，并以最新标准为依托，以2024年公司ESG报告为主要数据来源，对公司环境资 源、社会责任及公司管治进行了评价。 本文为"闻泰科技"篇。 出品 | 搜狐财经 研究员 | 张子豪 ESG评级跃升领先行列，多项环境关键指标进步明显 5月24日，闻泰科技发布中英文两版2024年可持续发展报告。近年来，闻泰科技MSCI ESG评级经历了 从"落后"到"领先"的过程，从初期的CCC级（落后水平），到2024年首次进入全球ESG"领先企业"行 列。根据MSCI最新的评级结果，闻泰科技在水压力、化学品安全等关键领域，均优于全球行业均值， 评级也提升至BBB级。 从报告来看，闻泰科技2024年用水效率显著提升。其总用水量603.9万吨，用水密度（万吨/百万元收 入）从2023年的92.66降至82.05。同时持续提高水资源循环利用率，用水回收占比达19%，全球用水回 ...

*ST京蓝跌停，公司因涉嫌信息披露违法违规被中国证监会立案。 ...

Core Viewpoint - Wuhan Yifei Laser Co., Ltd. received a warning letter from the Hubei Securities Regulatory Bureau due to significant discrepancies in its financial disclosures, particularly regarding its 2024 annual report and the previously released performance forecast [1][2][3]. Financial Discrepancies - The company reported a net profit attributable to shareholders of 24.32 million yuan for 2024, a decrease of 75.94% compared to 2023, without providing a performance forecast for 2024 [1][2]. - The initial performance announcement on February 28, 2025, indicated a net profit of 71.37 million yuan, which was later corrected to 2.43 million yuan in the annual report, highlighting a significant reporting error [2]. Regulatory Actions - The Hubei Securities Regulatory Bureau issued a warning letter to the company and its key executives, including the chairman and CFO, for failing to fulfill their disclosure obligations as per the regulations [2][3]. - The warning letter serves as an administrative regulatory measure and will be recorded in the securities and futures market integrity archives [3]. Internal Control Issues - The company's 2024 financial report received a negative opinion from the auditing firm, leading to the implementation of additional risk warnings on its stock starting May 6, 2025 [7][8]. - The company is required to disclose progress on resolving these issues at least once a month during the risk warning period [7][8]. Measures Taken - The company is actively cooperating with the auditing firm to provide additional evidence and is enhancing its internal control systems to prevent future discrepancies [9][10]. - Recent board meetings have led to the revision of governance and fundraising management policies to strengthen oversight and compliance [9][10]. Commitment to Compliance - The company emphasizes the importance of training its board members and key personnel on relevant laws and regulations to improve governance and operational standards [10]. - Ongoing communication with regulatory authorities is prioritized to ensure compliance and transparency in operations [10].

（以下简称"《公 司章程》"）、《信息披露事务管理制度》的有关规定，结合公司的实际情况， 特制定本制度。 上海岩山科技股份有限公司 年报信息披露重大差错责任追究制度（2025 年 5 月修订） 上海岩山科技股份有限公司 年报信息披露重大差错责任追究制度 （2025年5月修订） 第一章 总则 第一条 为了进一步提高上海岩山科技股份有限公司（以下简称"公司"） 的规范运作水平，提高年报信息披露的质量和透明度，增强年报信息披露的真实 性、准确性、完整性和及时性，加大对年报信息披露责任人的问责力度，根据《上 市公司信息披露管理办法》《上市公司治理准则》《深圳证券交易所股票上市规 则》等法律、法规文件，以及《上海岩山科技股份有限公司章程》 第二条 本制度是指在年报信息披露工作中有关人员不履行或者不正确履行 职责、义务以及由于其他个人原因，给公司造成重大经济损失或不良社会影响时 的追究与处理制度。 第三条 本制度适用范围：公司董事、高级管理人员、持股5%以上股东以及 公司内部负责提供年报数据的部门负责人、直接经办人以及与年报信息披露有关 的其他人员。 第二章 年报信息披露重大差错的认定 第四条 本制度所指年报信息披露重大 ...

Core Viewpoint - ST Dongshi, known as the "driving school leader," is under investigation by the China Securities Regulatory Commission (CSRC) for suspected violations of information disclosure laws, marking a significant regulatory concern for the company [2][5]. Group 1: Regulatory Investigation - On May 30, ST Dongshi received a notice from the CSRC regarding the initiation of an investigation due to alleged information disclosure violations [5]. - This investigation follows a previous warning from the Beijing Securities Regulatory Bureau for failing to return raised funds to a designated account on time [2][5]. - The company has faced internal control issues, with its 2024 financial report receiving a negative opinion from auditors regarding the effectiveness of internal controls [6][5]. Group 2: Financial and Operational Challenges - ST Dongshi reported a significant decline in its first-quarter revenue, amounting to 138 million yuan, a year-on-year decrease of 26.31% [10]. - The company incurred a net loss attributable to shareholders of 48.02 million yuan in the first quarter, compared to a loss of 35.11 million yuan in the same period last year [10]. - The company is also dealing with substantial non-operational fund occupation by its controlling shareholder, amounting to approximately 220 million yuan, which has not been repaid as of May 30 [6][7]. Group 3: Internal Control and Management Issues - ST Dongshi's internal control deficiencies include significant flaws, fund occupation, and violations of related party transactions [6]. - The company has faced challenges in managing its transactions with related parties, as evidenced by failed attempts to regularize these transactions through shareholder meetings [8]. - There are ongoing issues with the procurement of VR driving training simulators, which have not been fully delivered, highlighting management and risk control weaknesses [8]. Group 4: Market Position and Company Background - ST Dongshi, established in 2005 and headquartered in Beijing, is a leading enterprise in the national driver training industry and the only A-share listed driving school in Beijing [10]. - The company operates on a 3,000-acre site in Beijing, recognized by the World Record Association as the "largest driving training institution globally" [10]. - As of May 30, ST Dongshi's stock price was 2.74 yuan per share, with a total market capitalization of 1.959 billion yuan [11].

Core Viewpoint - The regulatory environment remains stringent, with over 30 companies being investigated for violations, primarily related to information disclosure, leading to significant declines in their stock prices [3][4][6]. Group 1: Investigation Statistics - A total of 32 companies, shareholders, or executives have been investigated this year, with most cases involving information disclosure violations [3]. - Among the investigated companies, 50% are classified as ST (Special Treatment) companies, indicating a higher risk of forced delisting due to major violations [4]. - The China Securities Regulatory Commission (CSRC) has intensified its enforcement actions, handling 739 cases and issuing 592 penalties in 2024, marking a 10% increase year-on-year [8]. Group 2: Impact on Companies - Companies under investigation typically face administrative penalties, which can severely impact their stock performance and refinancing capabilities [6][8]. - For instance, *ST Dongtong's stock price plummeted by 20% consecutively after being investigated for false financial reporting, resulting in a 50% decline in its stock value this year [4]. - Tianmao Group was also investigated for failing to disclose financial reports on time, highlighting the risks associated with non-compliance [4]. Group 3: Legal and Financial Consequences - Companies facing investigations may also be liable for civil compensation claims from investors due to securities fraud, as stipulated by the Securities Law [5]. - The CSRC's focus on information disclosure violations, which accounted for 34% of all cases, underscores the importance of compliance for listed companies [8].

Core Viewpoint - The company, Zhenbao Island, faced criticism from the Shanghai Stock Exchange for failing to timely disclose a significant transaction that generated a net profit of approximately 420 million yuan, which accounted for 227% of its audited net profit for 2022 [1][2][3] Group 1: Transaction Details - The undisclosed transaction involved the sale of 100% equity of its subsidiary, Hulin Fangsheng Pharmaceutical Technology Co., which was sold for 425 million yuan to Heilongjiang Hehui Pharmaceutical Co. [2][3] - The transaction's profit exceeded the threshold requiring shareholder approval and timely disclosure, as it represented over 50% of the company's audited net profit for the previous year [2][3] Group 2: Regulatory Issues - This is not the first instance of Zhenbao Island facing issues related to information disclosure; the company has received warnings and criticisms from regulators multiple times in the past two years for similar violations [4] - In April 2024, the company was issued a warning by the Heilongjiang Securities Regulatory Bureau for failing to disclose a related party transaction involving 80 million yuan in non-operating fund occupation [4] Group 3: Financial Performance - Zhenbao Island reported revenues of 4.2 billion yuan, 3.1 billion yuan, and 2.7 billion yuan for the years 2022, 2023, and 2024 respectively, with a net profit of 753 million yuan in Q1 of the current year, down from 2.9 billion yuan in the same period last year [5] - The decline in Q1 performance was attributed to the postponement of the third batch of national traditional Chinese medicine procurement, which affected sales and profits [5]

Core Points - The document outlines the information disclosure management measures for Wuxi Chipeng Microelectronics Co., Ltd, aiming to ensure accurate, complete, and timely disclosure of information to protect shareholders' rights [1][2] - The chairman of the board is designated as the primary responsible person for information disclosure, while the board secretary is responsible for the specific tasks related to this [2][3] - The company must adhere to principles of openness, fairness, and justice in its information disclosure practices [2][3] Information Disclosure Principles - Information disclosure is a continuous responsibility of the company, which must comply with relevant laws and regulations [2][3] - Insider information must not be disclosed or used for trading before it is legally disclosed [2][3] - All disclosed information should be published on the Shanghai Stock Exchange website and other designated media [2][3] Disclosure Content and Standards - The company must disclose any information that could significantly impact investors' decisions, including financial reports and significant events [4][5] - Annual reports must be audited by qualified accounting firms and disclosed within four months after the fiscal year-end [5][6] - The company must issue performance forecasts if it anticipates significant changes in operating results [5][6] Major Events Disclosure - The company is required to disclose major events that could significantly affect its stock price, including legal issues, financial difficulties, and changes in management [6][7] - Disclosure must occur promptly upon the occurrence of significant events or when there are substantial developments [8][9] Information Disclosure Process - The process for drafting, reviewing, and publishing regular reports involves multiple levels of management, including the general manager and the board of directors [11][12] - The board secretary is responsible for coordinating the information disclosure tasks and ensuring compliance with regulations [12][13] Responsibilities and Accountability - The board of directors and senior management are responsible for the accuracy and completeness of disclosed information [15][16] - Any violations of disclosure regulations may lead to administrative or criminal liability for responsible individuals [16][17] Confidentiality and Internal Control - The company must establish internal controls to protect confidential information and prevent insider trading [16][17] - The financial director is responsible for ensuring the accuracy of financial disclosures and compliance with relevant regulations [17][18]

Core Viewpoint - *ST Tianyu's actual controller Yan Chunyu and others have been criminally investigated for suspected fund misappropriation, which may impact the company's operations and reputation in the data security industry [2][4]. Company Overview - *ST Tianyu has been a leading provider of data security products and solutions in China and is a key player in the smart card industry [4]. - The company has faced multiple challenges, including a risk warning on its stock due to previous violations related to guarantees, which were not resolved within the stipulated timeframe [4]. Recent Developments - The company announced that Yan Chunyu does not hold any director, supervisor, or senior management positions, indicating that the investigation may not significantly affect normal operations [4]. - There have been multiple resignations of key personnel in May, including the chairman and other board members, which may indicate instability within the company [5][8]. Financial Performance - In the 2024 annual report, *ST Tianyu reported total revenue of 847 million yuan, a decrease of 50.20% year-on-year, and a net loss attributable to shareholders of 364 million yuan, compared to a profit of 1.97 million yuan in the previous year [6]. - The 2025 Q1 report showed total revenue of 45.37 million yuan, a decline of 86.50% year-on-year, with a net loss of 40.19 million yuan, compared to a profit of 4.74 million yuan in the same period last year [6].