Linzhou Heavy Machinery announced that due to the “trade” business carried out in January-August 2025 did not meet revenue recognition requirements, the company's 2025 semi-annual report inflated revenue by 323 million yuan, accounting for 35.64% of current revenue, inflated operating costs by 321 million yuan, accounting for 43.15% of current operating costs. It was suspected that information disclosure was illegal and illegal, and it received an “Advance Notice of Administrative Penalty” from the Henan Securities Regulatory Bureau. The bureau plans to issue a warning and fine of 4 million yuan to the company, give a warning and fine of 2.2 million yuan to then-chairman Han Luyun and then-general manager Guo Chuan respectively, and give a warning and fine of 2 million yuan to then-financial director Guo Chao. This violation did not address major illegal forced delisting or other risk warning situations. The company currently produces and operates normally.

Linzhou Heavy Machinery announced that due to the “trade” business carried out in January-August 2025 did not meet revenue recognition requirements, the company's 2025 semi-annual report inflated revenue by 323 million yuan, accounting for 35.64% of current revenue, inflated operating costs by 321 million yuan, accounting for 43.15% of current operating costs. It was suspected that information disclosure was illegal and illegal, and it received an “Advance Notice of Administrative Penalty” from the Henan Securities Regulatory Bureau. The bureau plans to issue a warning and fine of 4 million yuan to the company, give a warning and fine of 2.2 million yuan to then-chairman Han Luyun and then-general manager Guo Chuan respectively, and give a warning and fine of 2 million yuan to then-financial director Guo Chao. This violation did not address major illegal forced delisting or other risk warning situations. The company currently produces and operates normally.