Fenda Technology (002681.SZ) and related personnel received a warning letter from the Shenzhen Securities Regulatory Bureau.
According to the Zhitong Finance and Economics APP, Fenda Technology (002681.SZ) announced that the company and related personnel recently received a decision from the Shenzhen Regulatory Bureau of the China Securities Regulatory Commission titled "Decision of Shenzhen Securities Regulatory Bureau on Issuing a Warning Letter to Shenzhen Fenda Technology Co., Ltd. and Xiao Fen, Xie Yuping, Xiao Xiao, and Zhou Guiqing". The decision pointed out that the company's controlling shareholder has misused funds, failed to disclose non-operational funds from the controlling shareholder in a timely manner, and had improper financial accounting for share repurchase expenses, affecting the accuracy of the company's financial information disclosure.
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