Core Viewpoint - Cisco Ray (688053) has received an administrative penalty notice from the Sichuan Securities Regulatory Bureau, indicating that the company's stock will be subject to risk warnings and will be renamed ST Cisco Ray starting September 23, 2023 [1] Group 1: Administrative Penalty - The administrative penalty notice reveals that Cisco Ray is suspected of fabricating sales, prematurely recognizing revenue, and improperly recognizing income [1] - The company inflated its operating revenue by 9.96 million yuan and its total profit by 7.01 million yuan in its 2022 annual report, which represents 4.16% and 6.56% of the company's respective operating revenue and total profit [1] - The Sichuan Securities Regulatory Bureau plans to issue a warning to the company and impose a fine of 2 million yuan; related personnel will also face penalties ranging from 800,000 to 1.2 million yuan [1] Group 2: Company Operations - As of the announcement date, Cisco Ray states that all production and operational activities are proceeding normally and in an orderly manner [1] - The company has conducted self-examination and rectification regarding the issues mentioned in the administrative penalty notice [1]