Core Viewpoint - Zhejiang Jinsong New Materials Co., Ltd. received a warning letter from the Zhejiang Securities Regulatory Bureau due to issues related to improper use of raised funds, mixed management of controlled enterprises, and failure to disclose related party transactions in a timely manner [1][2]. Group 1: Company Issues - The warning letter highlighted that Jinsong New Materials did not strictly use raised funds according to the investment projects outlined in the prospectus [1]. - The company mixed management with enterprises controlled by its actual controller, leading to compliance risks [1][2]. - There were delays in the review process for related party transactions and failures to disclose these transactions accurately in periodic reports [1][2]. Group 2: Related Transactions - In December 2021, Jinsong New Materials signed a construction contract with Zhejiang Hongxiang Construction Engineering Co., Ltd. for 118 million yuan, which later increased to 150 million yuan due to changes in project scope [1]. - The project was linked to the company's IPO fundraising projects, indicating a potential conflict of interest [1][2]. Group 3: Expert Opinions - Experts suggest that the issues of undisclosed related party transactions are often related to deficiencies in corporate governance and internal controls [2]. - Recommendations include improving compliance as a long-term competitive advantage and establishing a comprehensive list of related parties that is regularly updated [2][3]. - It is advised that independent directors and external auditors enhance their focus on information disclosure during regular reporting and auditing processes [3].

半年约160条监管举措，差不多平均每天就有1张"罚单"，其不仅折射出监管层对券商违规行为的处 罚力度进一步加大，更反映出作为证券市场"看门人"的券商及其从业人员在公司治理和内部控制上依然 存在"短板"。 据最新的不完全统计，今年上半年，中国证监会及各证监局、沪深京交易所等监管主体，共向券商 及其从业人员发出约160条监管举措，涉及数十家券商。无论是敲警钟的数量，还是受处罚的券商数 量，同比均有增加。 梳理这些监管举措可以发现，券商公司治理与内部控制存在风险是主流问题，而出具警示函、监管 谈话、责令改正等是监管采取的主要监管措施。 目前，我国证券市场投资者数量已突破2亿。加强投资者保护，包括券商在内的中介机构是不可或 缺的重要一环。尤其是在全面实行注册制的背景下，包括券商在内的中介机构的勤勉尽责更是关键。 面对重要性日益凸显的"看门人"职责，券商等中介机构无疑须进一步提高自身的治理和内控水平。 但是，从今年上半年券商及其从业人员领到的160条监管举措来看，其现状显然不容乐观。 从从业人员利用他人账户自己炒股、代客炒股，到营业部销售非公司代销的金融产品；从副董事长 代为履行董事长职务的时间过长，到违反有关打击洗钱 ...