Core Viewpoint - *ST Baoying has been found to have internal control deficiencies in engineering management, procurement management, and fund management, leading to regulatory actions from the Shenzhen Securities Regulatory Bureau [2][3] Group 1: Regulatory Actions - The Shenzhen Securities Regulatory Bureau has issued a decision requiring *ST Baoying to correct its internal control issues and has issued warning letters to key executives including the chairman and general manager [3] - The company is required to submit a written rectification report within 30 days [4] Group 2: Company Overview - *ST Baoying was established on April 30, 1993, with a registered capital of 1.516 billion RMB and is headquartered in Shenzhen [4] - The company provides integrated solutions including construction and decoration engineering [4] Group 3: Financial Performance - The company's projected revenues for 2024 and 2025 are 2.112 billion RMB, 824.51 million RMB, and 312 million RMB, showing year-on-year declines of 48.63%, 89.37%, and 74.35% respectively [6] - The net profit attributable to the parent company for the same periods is projected to be -742 million RMB, -16.20 million RMB, and -23.76 million RMB, with year-on-year growth rates of 23.52%, 77.67%, and 89.38% respectively [6] - The asset-liability ratios for the years are 100.46%, 101.97%, and 102.14% [6] Group 4: Risk Profile - The company has a total of 659 internal risks and 3109 external risks, with 125 historical risks and 631 warning alerts [6]