公司及实际控制人收到中国证监会出具的《立案告知书》。 12月19日，卓然股份(688121.SH)公告称，公司及实际控制人张锦红于2025年12月19日收到中国证监会 出具的《立案告知书》，因涉嫌信息披露违法违规等事项，中国证监会决定对公司及实际控制人张锦红 立案。目前公司各项经营活动和业务均正常开展。立案调查期间，公司及实际控制人将积极配合中国证 监会的相关工作，并严格按照相关法律法规和监管要求及时履行信息披露义务。 （文章来源：证券时报） 同日，公司收到上海证监局出具的《关于对上海卓然工程技术股份有限公司采取责令改正措施并对张锦 红、吴玉同、张笑毓采取出具警示函措施的决定》（沪证监决（ 2025 ）268 号）（以下简称《决定 书》）。 经查，公司存在以下违规事项: 2021年至2024年期间，公司在IPO募投项目实施过程中，违规支付部分募集资金，经由公司控股股东、 董事长张锦红有效控制的供应商或资金通道方银行账户流入体外资金池进行资金调配，部分资金在当日 或次日回流至公司非募集户，其余流向了张锦红间接控制的企业。公司未如实披露募集资金存放及实际 使用情况，亦未如实披露关联方非经营性资金往来情况。 公司上 ...

Core Viewpoint - The company, Zhuoran Co., Ltd. (688121.SH), and its actual controller, Zhang Jinhong, received a notice from the China Securities Regulatory Commission (CSRC) regarding an investigation into alleged violations of information disclosure laws [1]. Group 1: Regulatory Actions - On December 19, 2025, the company and Zhang Jinhong received a formal notice from the CSRC for suspected violations of information disclosure regulations [1]. - The Shanghai Securities Regulatory Bureau issued a decision to impose corrective measures on Zhuoran Co. and warning letters to Zhang Jinhong, Wu Yutong, and Zhang Xiaoyu [4]. Group 2: Violations Identified - Between 2021 and 2024, the company misused part of the funds raised during its IPO by transferring them through accounts controlled by its major shareholder, Zhang Jinhong, to external funding pools, with some funds returning to non-designated accounts [5]. - The company failed to disclose the actual use of raised funds and the non-operational financial transactions with related parties, violating the regulations set forth in the Administrative Measures for Information Disclosure by Listed Companies [5]. Group 3: Responsibilities and Consequences - Zhang Jinhong, as the chairman, is held responsible for the violations and received a warning letter from the Shanghai Securities Regulatory Bureau [5]. - Wu Yutong, the financial director, and Zhang Xiaoyu, the board secretary, also received warning letters for their roles in the violations [6]. - The company is required to take corrective actions and submit a written report to the Shanghai Securities Regulatory Bureau within 30 days of receiving the decision [5]. Group 4: Company Profile - Zhuoran Co. is a provider of modular and integrated manufacturing solutions for large-scale refining and petrochemical equipment, serving clients in the oil, petrochemical, and natural gas sectors [6]. - As of December 19, the company's stock price was 12.13 yuan per share, with a total market capitalization of 2.8 billion yuan [6].

卓然股份(688121)12月19日公告，公司及实际控制人张锦红于12月19日收到中国证监会出具的《立案告 知书》，因涉嫌信息披露违法违规等事项，根据相关法律法规，中国证监会决定对公司及实际控制人张 锦红立案。目前公司各项经营活动和业务均正常开展。立案调查期间，公司及实际控制人将积极配合中 国证监会的相关工作，并严格按照相关法律法规和监管要求及时履行信息披露义务。 同日卓然股份公告，公司12月19日收到上海证监局出具的《关于对上海卓然工程技术股份有限公司采取 责令改正措施并对张锦红、吴玉同、张笑毓采取出具警示函措施的决定》（简称《决定》）。 《决定》显示，2021年至2024年期间，卓然股份在IP0募投项目实施过程中，违规支付部分募集资金， 经由公司控股股东、董事长张锦红有效控制的供应商或资金通道方银行账户流入体外资金池进行资金调 配，部分资金在当日或次日回流至公司非募集户，其余流向了张锦红间接控制的企业。公司未如实披露 募集资金存放及实际使用情况，亦未如实披露关联方非经营性资金往来情况。 卓然股份表示，公司及相关人员在收到上述行政监管措施决定书后，高度重视决定书中所指出的问题， 将严格按照上海证监局的要求， ...

【导读】因涉嫌信息披露违法违规，卓然股份及实控人被立案 12月19日晚间，因涉嫌信息披露违法违规等事项，卓然股份及实际控制人、董事长张锦红被立案调查。 另外，因IPO募集资金违规使用及信披违规，卓然股份被采取责令改正措施，多位高管被出具警示函。 涉嫌信息披露违法违规 卓然股份及实控人被立案 12月19日，卓然股份发布公告称，公司及实际控制人、董事长张锦红收到中国证监会出具的《立案告知书》，因涉嫌信息披露违法违规等事项，中国证监 会决定对公司及实际控制人张锦红立案。 卓然股份及多位高管被出具警示函 与此同时，卓然股份收到中国证监会上海证监局出具的《关于对上海卓然工程技术股份有限公司采取责令改正措施并对张锦红、吴玉同、张笑毓采取出具 警示函措施的决定》。 经查，卓然股份在2021年至2024年期间，在IPO募投项目实施过程中，违规支付部分募集资金，经由公司控股股东、董事长张锦红有效控制的供应商或资 金通道方银行账户流入体外资金池进行资金调配，部分资金在当日或次日回流至公司非募集户，其余流向了张锦红间接控制的企业。公司未如实披露募集 资金存放及实际使用情况，亦未如实披露关联方非经营性资金往来情况。 卓然股份上述行为 ...

卓然股份(688121)12月19日公告，公司及实际控制人张锦红于12月19日收到中国证监会出具的《立案告 知书》，因涉嫌信息披露违法违规等事项，根据相关法律法规，中国证监会决定对公司及实际控制人张 锦红立案。目前公司各项经营活动和业务均正常开展。立案调查期间，公司及实际控制人将积极配合中 国证监会的相关工作，并严格按照相关法律法规和监管要求及时履行信息披露义务。 《决定》显示，2021年至2024年期间，卓然股份在IP0募投项目实施过程中，违规支付部分募集资金， 经由公司控股股东、董事长张锦红有效控制的供应商或资金通道方银行账户流入体外资金池进行资金调 配，部分资金在当日或次日回流至公司非募集户，其余流向了张锦红间接控制的企业。公司未如实披露 募集资金存放及实际使用情况，亦未如实披露关联方非经营性资金往来情况。 据了解，卓然股份主营业务为大型炼油化工专用装备模块化、集成化制造，专业为石油化工、炼油、天 然气化工等领域的客户提供设计、制造、安装和服务一体化的解决方案。2025年前三季度，公司实现营 业收入15.65亿元，实现净利润5956万元。 张锦红时任公司董事长，对公司上述违规行为负有责任，上海证监局决定 ...

Core Viewpoint - The company is implementing a restricted stock incentive plan aimed at attracting and retaining key talent, aligning employee interests with those of shareholders, and enhancing overall competitiveness and long-term growth [9][10][25]. Summary by Sections Incentive Plan Overview - The incentive plan is based on various legal frameworks including the Company Law of the People's Republic of China and the Stock Incentive Management Measures [1][2]. - The plan involves granting 6.447 million restricted shares, accounting for 2.76% of the company's total share capital of 23,361.4003 million shares [2][3]. Granting Conditions - The grant price for the restricted shares is set at 6.28 yuan per share, with adjustments possible based on corporate actions such as stock dividends or capital increases [2][19]. - A total of 53 individuals will be eligible for the incentive plan, representing 8.02% of the company's total workforce of 661 employees [3][14]. Performance and Vesting - The plan's validity extends up to 36 months from the first grant date, with shares vesting based on both company performance and individual performance metrics [3][16]. - The performance assessment will be based on revenue and net profit growth compared to the base year of 2024 [22][25]. Management and Oversight - The plan will be managed by the company's board of directors, with a remuneration and assessment committee responsible for drafting and revising the plan [10][11]. - The plan requires approval from the shareholders' meeting and must be executed within 60 days of approval [10][30]. Adjustments and Compliance - Adjustments to the number of shares and grant prices will be made in response to corporate actions such as stock splits or dividends [26][27]. - The plan ensures compliance with regulations prohibiting stock incentives under certain conditions, such as negative audit opinions or violations of profit distribution laws [20][21]. Financial Implications - The estimated total expense for the stock grants will be amortized over the vesting period, impacting the company's financial statements [28]. - The plan is expected to enhance employee motivation and align their interests with the company's long-term performance, thereby positively influencing overall business outcomes [19][25].