Core Viewpoint - The company has received an administrative regulatory decision from the Shaanxi Securities Regulatory Bureau, which identified several issues related to financial reporting and compliance, prompting the company to implement corrective measures to address these issues [1][15]. Group 1: Issues Identified - Issue 1: Non-standard revenue recognition, where the company failed to timely recognize revenue for certain customers in 2024, leading to inaccurate financial statement disclosures [1][5]. - Issue 2: Non-compliance in the management and use of raised funds, where the company used idle raised funds for cash management without proper authorization during a review period [5][6]. - Issue 3: Inaccurate disclosure of the top five customers in the 2024 annual report, due to failure to consolidate customers under the same controlling entity and delays in revenue recognition [9][10]. Group 2: Corrective Measures - For revenue recognition issues, the company has organized training for financial personnel on accounting standards and has implemented stricter controls to ensure timely and accurate revenue recognition [2][12]. - To address the management of raised funds, the company has enhanced the awareness and compliance of board members and relevant departments regarding the regulations governing raised funds [6][7]. - For the inaccuracies in customer disclosures, the company has established a process for verifying customer control structures and ensuring proper reporting of customer data in financial statements [10][12]. Group 3: Responsibility and Execution - The corrective measures involve key personnel including the Chairman, General Manager, and Financial Director, along with various departments such as finance, market, and sales [3][8][13]. - The company has confirmed that all corrective actions have been completed and will continue to enforce compliance measures [4][9][11]. Group 4: Summary of Rectification - The company acknowledges the shortcomings identified by the regulatory body and is committed to enhancing compliance awareness and internal controls to prevent future occurrences [15].