Jingsheng Electromechanical (300316.SZ) and related personnel received a warning letter from the Zhejiang Securities Regulatory Bureau

Zhitong Finance App News, Jingsheng Electromechanical (300316.SZ) issued an announcement. The company recently received the “Decision on Measures to Issue Warning Letters to Zhejiang Jingsheng Electromechanical Co., Ltd. and related personnel” issued by the Zhejiang Regulatory Bureau of the China Securities Regulatory Commission (hereinafter referred to as “Zhejiang Securities Regulatory Bureau”).

The Zhejiang Securities Regulatory Bureau discovered during an on-site inspection that internal controls relating to sales revenue of Zhejiang Jingsheng Electromechanical Co., Ltd. (hereinafter referred to as the company) were irregular. In 2024 and 2025, the company's management of revenue documents for some sales contracts was not standardized. The above situation did not comply with the relevant provisions of Article 36 and Article 46 (1) of the “Basic Specification for Internal Control of Enterprises” and the relevant provisions of Article 8 and Article 12 (1) of the “Basic Code of Internal Control of Enterprises”. The company's internal control self-evaluation report for the relevant year did not accurately reflect the above issues, and the disclosure of relevant information was inaccurate.

The above acts of the company violate the provisions of Article 3 (1) of the “Administrative Measures on Information Disclosure of Listed Companies” (CSRC Order No. 226) and Article 3 (1) of the “Administrative Measures on Information Disclosure of Listed Companies” (CSRC Order No. 182). The company's chairman Cao Jianwei, general manager He Jun, and Lu Xiaowen, then financial director and board secretary, violated the provisions of sections 4 and 52 (1) of the “Administrative Measures on Information Disclosure of Listed Companies” (CSRC Order No. 226), and sections 4 and 51 (1) of the “Administrative Measures on Information Disclosure of Listed Companies” (CSRC Order No. 182), and bear the main responsibility for these irregularities.

According to the provisions of Article 53 of the “Administrative Measures on Information Disclosure of Listed Companies” (Securities Regulatory Commission Order No. 226), the Zhejiang Securities Regulatory Bureau decided to take separate supervisory and administrative measures to issue warning letters against the company, Cao Jianwei, He Jun, and Lu Xiaowen, and record them in the securities and futures market integrity file.