China Net Finance, February 26 (Reporter Hu Chaohui, Li Bingyan) On the evening of February 23, Guoxin Technology (688262SH) issued the "Announcement on Receiving a Warning Letter from the Jiangsu Securities Regulatory Bureau".
According to the announcement, Guoxin Technology has the following behaviors:
1. Imprudent revenue recognition.
At the end of 2022, Guoxin Technology recognized revenue when some goods were not delivered to the designated place, and the relevant goods were actually delivered in early January 2023, and the company's revenue recognition was not prudent. The above-mentioned behavior of the Company violated the provisions of Article 3, Paragraph 1 of the Administrative Measures for Information Disclosure of Listed Companies (hereinafter referred to as the "Information Disclosure Measures"). Zheng Qi, chairman of the board of directors of the company, Xiao Zuonan, general manager, and Zhang Haibin, chief financial officer, are mainly responsible for the above violations, which violates Article 4 of the "Information Disclosure Measures".
The information disclosed in the semi-annual report on the third-party platform is earlier than the specified disclosure time.
At 15:56 on August 24, 2023, the company's 2023 semi-annual report was made public on a third party that was not stipulated by the China Securities Regulatory Commission, but the company did not disclose it until 19:47 on the same day, resulting in the company's 2023 semi-annual report being disclosed on the third-party platform earlier than the release time on the **exchange** and meeting the conditions stipulated by the China Securities Regulatory Commission. The Company's above-mentioned conduct violated the provisions of Article 3, Paragraph 2 and Article 8, Paragraph 1 of the Information Disclosure Measures. Zheng Qi, chairman of the board of directors, Xiao Zuonan, general manager, and Huang Tao, secretary of the board of directors, failed to be diligent and conscientious, and were primarily responsible for the above acts, violating the provisions of Article 4 of the "Information Disclosure Measures".
In accordance with the provisions of Article 52 of the "Information Disclosure Measures", the Jiangsu Securities Regulatory Bureau decided to take administrative supervision measures to issue a warning letter to Guoxin Technology, and recorded it in the first-class market integrity file.
According to public information, Guoxin Technology's main business is the R&D and industrial application of domestic independent and controllable embedded CPU technology, and the company was listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange in January 2022. According to the "2023 Annual Performance Express Announcement" released by Guoxin Technology on the evening of February 23, the company's operating income in 2023 will be about 42.9 billion yuan, a year-on-year decrease of 1835%；The net profit loss attributable to the parent company was about 16.1 billion yuan. This is the first time that Guoxin Technology has suffered a loss since its listing, and the company's net profit attributable to the parent company in 2022 will be about 76.91 million yuan.