Core Points - Nengke Technology plans to issue A-shares to specific investors and has conducted a self-examination regarding any regulatory penalties in the past five years, finding no penalties from the securities regulatory authority or the Shanghai Stock Exchange, although regulatory measures were taken in December 2024 [1] - The China Securities Regulatory Commission (CSRC) identified several issues in Nengke Technology's operations, including improper revenue recognition, inaccurate accounting for R&D expenses and operating costs, incorrect impairment loss calculations, and deficiencies in internal controls [1] - The CSRC mandated corrective actions, issued a warning letter to the financial officer, and required the company and responsible individuals to complete rectifications within 30 days and submit a written report [1] Summary by Sections Regulatory Actions - Nengke Technology received regulatory measures from the Beijing Regulatory Bureau of the CSRC on December 20, 2024, due to issues such as revenue recognition across periods and inaccuracies in financial reporting [1] - The company has not faced any other regulatory actions or penalties from the CSRC or the Shanghai Stock Exchange in the last five years, aside from the recent measures [2] Company Response - Following the regulatory measures, Nengke Technology and related personnel have taken the situation seriously, reflecting on shortcomings, enhancing legal and regulatory knowledge, and implementing effective measures for rectification [2] - The company is focused on improving its internal control systems and enhancing the accuracy of financial reporting and information disclosure [2]