Core Viewpoint - 卡倍亿 has received an administrative regulatory measure decision from the Ningbo Securities Regulatory Bureau due to non-compliance with disclosure requirements regarding shareholder equity changes [1][2] Group 1: Regulatory Actions - The Ningbo Securities Regulatory Bureau issued a decision on August 14, 2025, requiring 卡倍亿 to correct its actions and participate in regulatory discussions due to undisclosed changes in shareholder equity [1][2] - 卡倍亿's controlling shareholder increased their stake from 56.97% to 57.11% without proper announcement, violating the regulations [1][2] - The company is required to submit a written rectification report within ten working days and enhance its compliance with securities laws [2] Group 2: Previous Violations - This is not the first instance of regulatory scrutiny for 卡倍亿; the company received two warning letters in a month last year regarding its executives' trading activities [2][3] - Specific violations included short-term trading of convertible bonds by executives, which occurred within a prohibited timeframe [3] Group 3: Financial Background - 卡倍亿 was listed on the Shenzhen Stock Exchange on August 24, 2020, raising approximately 259.49 million yuan through its initial public offering [4] - The company has conducted multiple rounds of fundraising through convertible bonds, with the total amount raised across three instances reaching approximately 1.067 billion yuan [6][7]