Core Viewpoint - The China Securities Regulatory Commission's Henan Bureau has issued a decision against Tongda Co., Ltd. for various regulatory violations, leading to administrative measures including a correction order and warning letters to key executives [1][2]. Group 1: Regulatory Violations - Tongda Co., Ltd. was found to have several issues, including failure to follow proper procedures for fundraising, lack of timely disclosure regarding accounting policy changes, and inaccurate accounting leading to inflated profit figures for 2024 [1]. - The company did not adhere to the required procedures for holding shareholder and board meetings, indicating non-compliance with corporate governance standards [1]. - There were also deficiencies in the management of insider information, which further contributed to the regulatory breaches [1]. Group 2: Administrative Measures - The Henan Bureau has mandated corrective actions for Tongda Co., Ltd. and issued warning letters to key executives, including the Chairman and General Manager, emphasizing the need for improved compliance with securities laws and regulations [2]. - The executives are required to learn from these violations and enhance the company's operational standards and information disclosure quality [2]. Group 3: Company Background - Tongda Co., Ltd. was established in 1987 and became the first privately listed company in Luoyang when it went public on March 3, 2011 [2]. - The company specializes in the research and manufacturing of electrical wires and cables, focusing on green, intelligent, and efficient power transmission, as well as precision processing of aerospace structural components and the production of aluminum-based composite materials [2].