Core Points - The China Securities Regulatory Commission's Jiangsu Regulatory Bureau issued a warning letter to Jia Ping for violating stock reduction regulations related to Wanda Bearing [1][3] - Jia Ping, an associated person of the actual controller Xu Fei, sold 1,000 shares of Wanda Bearing on June 19, 2025, without the required 15 trading days' notice [3] - Wanda Bearing, a leading company in the forklift bearing segment, was established from the state-owned Rugao Bearing Factory and went public on May 30, 2024 [3][4] Company Summary - Wanda Bearing specializes in the research, manufacturing, and sales of forklift rolling bearings, precision rotary bearings, and new lightweight alloy turntable bearings [3] - The actual controllers of Wanda Bearing include Xu Qunsheng, Xu Fei, and Xu Ming, with Xu Qunsheng serving as the chairman [4] - In 2024, Xu Qunsheng received a salary of 1.1664 million yuan, while Xu Fei earned 1.0927 million yuan, making them the top two earners in the executive team [4]